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Numbers Bars Background Coloring Problem/Request

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[2019-08-01 20:26:10] #1 [Go To First Post]
01110010 - Posts: 33
Hi, after reading and re-reading the documentation about the different background coloring methods for the Numbers Bars study I have been unable to find an option which would work basically as follows (in this case, I am defining 'delta' simply as the difference between ask volume and bid volume): as the delta gets more negative (compared to the delta for each of the other prices, in all the rotations within the past day) it would descend from Range 0 Down Color, to Range 1 Down Color, Range 2 Down Color etc. Similarly, as the delta gets larger/more positive, it would ascend in color from Range 0 Up Color, to Range 1 Up Color, Range 2 Up Color etc. I hope this makes sense, I feel my explanation is probably somewhat convoluted. I have attached a screenshot showing an example of what this looks like in another platform. Please advise me if there is a way currently to do this, and if not I would humbly request this to be added. Of course I completely understand you probably have lots of other work that needs doing, and realize it may be a fairly complex task. EDIT: I have realized this exact concept has already been requested by another member here, so I guess this is just me saying I would also like to see it implemented! Color Shading on Numbers Bars Background (and text) \| Post: 144616 Date Time Of Last Edit: 2019-08-01 20:45:02


sierra.png / V - Attached On 2019-08-01 20:27:34 UTC - Size: 903.12 KB - 279 views

[2019-08-01 20:49:34] #2 [Go To First Post]
John - SC Support - Posts: 31405
This coloring option exists. Set the Background Coloring Method to Based on AskVol BidVol Difference - Actual. Then you just need to define the values at which you want the color separations to occur in the Column n Actual Volume Compare Thresholds. Refer to the following documentation for this background coloring: Numbers Bars: Background Coloring Based on AskVol BidVol Difference - Actual For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing

[2019-08-01 21:27:36] #3 [Go To First Post]
01110010 - Posts: 33
Hi John, thanks for the quick response. That approach does work, its just unfortunately not quite what I was after, I was looking for something that was based on a more relative scale, (compared to the sizes of the other askvol bidvol differences at each of the other prices, rather than just compared to static values) the static values work ok when volume is fairly consistent I guess, I'll have to do some experimenting to find some good actual values. I accidentally changed the thread to have a [User Discussion] tag and can't figure out how to change it back now, apologies. Date Time Of Last Edit: 2019-08-01 21:29:20

[2019-08-01 22:11:40] #4 [Go To First Post]
John - SC Support - Posts: 31405
What would you want the exact comparison to be against? The thing that would make the most sense would be the absolute value of the largest difference (so it doesn't matter which side is dominant) within the bar. But it could be done against either just the largest Positive value (Ask Dominant) or largest Negative value (Bid Dominant) within the bar. As you noted, there have been a few requests for something similar, so once we understand what is wanted, we can add it to our list of work we want to do on the Numbers Bars. We can't commit to any time frame, but there are a number of updates we would like to make. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing

[2019-08-02 09:41:45] #5 [Go To First Post]
01110010 - Posts: 33
Hi John, yes your suggestion of just the absolute value of the largest difference would make the most sense I think. Thank you so much for considering adding this to your to do list, I'm sure lots of users will find value in it!

[2019-08-02 10:14:04] #6 [Go To First Post]
nicktrader - Posts: 665
@FlyingLimousine Only as an Idea (see pic) I am using additional the study "Numbers Bars Calculated Values"


NBs BUND M3.png / V - Attached On 2019-08-02 10:12:15 UTC - Size: 46.57 KB - 266 views

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