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Date/Time: Sat, 20 Apr 2024 13:25:54 +0000



Stacked Imbalance with Numbers Bars

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[2019-08-20 13:05:47]
User979626 - Posts: 5
is there a way to show stacked imbalance with the numbers bars?
Like in the picture I attached ?

Thanks for answering
imageST.jpg / V - Attached On 2019-08-20 13:03:39 UTC - Size: 37.57 KB - 2273 views
[2019-08-21 13:36:23]
User979626 - Posts: 5
Anyone?
[2019-08-21 14:13:58]
John - SC Support - Posts: 30976
Not within the Numbers Bars study. But you can accomplish this with the Volume At Price Threshold Alert V2 study. Just set the Comparison Method to Ask Volume Bid Volume Difference and then set the volume threshold as you want it. Keep in mind, that in this particular comparison, a positive value would mean the Ask side is dominant, and a negative value would mean the Bid side is dominant.

You can then use the Input option for Highlight Adjacent Alerts Minimum Group Size to the number of adjacent values you need to have in order to specify your imbalance (say 3, for example) and then it will highlight those areas where there are 3 or more adjacent alerts.

If you want to have both Bid and Ask notifications, you would need to put on 2 of the Volume At Price Threshold Alert V2 studies, one that has a positive Volume threshold and one that has a negative volume threshold. You can then change the colors as needed in one of the studies.

Refer to the following for more information on this study:
Volume at Price Threshold Alert V2
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2019-08-22 22:22:01]
John - SC Support - Posts: 30976
We have added additional information to the study documentation for how to create the Stacked Imbalance. You will find the information here:
Volume at Price Threshold Alert V2: Highlight Multiple Adjacent Bid or Ask Dominant Prices (Stacked Imbalance)
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing

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