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Date/Time: Thu, 02 May 2024 04:44:16 +0000



NUMBERS BARS

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[2016-11-16 18:19:35]
User834253 - Posts: 5
Hi
Im using Numbers Bars chart on 5 renko chart with wicks. Im looking at diagonal imbalances %200,%300,%400 on each number bar. Is there any way to calculate all those imbalances
( all positive minus negative ) and plot the number on the chart ? It doesnt have to be %200 300 400 , I could set all imbalances to %300 and calculate those . Please let me know

Thanks !
[2016-11-16 19:29:07]
binaryduke - Posts: 360
The Numbers Bars calculated values study will let you display Ask Volume minus Bid Volume (i.e. Delta).... or do you just want to calculate from the imbalance values?
[2016-11-16 19:33:16]
User834253 - Posts: 5
Hey
Yes I know I have that study too ( Ask Volume minus Bid Volume -diagonal Delta Sum ) but would like to just calculate those imbalances values or at least one imbalance set to %300 , any way to do that ?

Thanks
[2016-11-16 19:41:08]
User834253 - Posts: 5
the tools you mentioned its good but when I have a positive delta ratio lets say 2-1 but the sum of %300 and %400 imbalances might be minus 100 contracts ( it takes long time to calculate with calculator ) , now when I have the same situation positive delta 2-1 and positive sum of imbalances the trade has much better probability. Now it all depends on the context but it would be a very useful feature if available.

Thanks
[2016-11-17 03:34:50]
Sierra Chart Engineering - Posts: 104368
Refer to:
http://www.sierrachart.com/index.php?page=doc/NumbersBars.php#TextTypes

Specifically you need to use the Ask Bid Vol Difference Diagonal Text Type.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

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