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Date/Time: Wed, 24 Apr 2024 09:24:24 +0000



Volume at Price Threshold Alert V2 Help

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[2020-09-04 01:55:17]
User311677 - Posts: 16
I cant get Volume at Price Threshold Alert V2 to work. The Imbalance does not match with the Number Bar Imbalance.

I followed your guide on Volume at Price Threshold Alert V2: Highlight Multiple Adjacent Bid or Ask Dominant Prices (Stacked Imbalance) but the imbalance shown does not match with Number Bar Imbalance in any way.
[2020-09-04 05:11:09]
Sierra Chart Engineering - Posts: 104368
Your Sierra Chart account which you have logged into this Support Board with is expired. So we know what Sierra Chart account you are using, go to Help >> Support Board from within the Sierra Chart desktop program and then post in this thread telling us this is done.
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

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
[2020-09-04 16:52:55]
User158665 - Posts: 44
This is my latest account.
[2020-09-04 18:14:11]
John - SC Support - Posts: 31059
We really need to see a screenshot so we can understand what you are seeing. Please follow these instructions to get us a screenshot:
https://www.sierrachart.com/index.php?page=PostingInformation.php#PostingAnImage
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2020-09-08 16:25:19]
User158665 - Posts: 44
I can't understand what the orange square is trying to show, I can't get it to highlight only the imbalances of 300% or more as we can do with the Numbers Bars.
Or am I using it with the wrong purpose?
imageNumbers_Bars.png / V - Attached On 2020-09-08 16:20:31 UTC - Size: 183.28 KB - 524 views
[2020-09-08 17:28:13]
John - SC Support - Posts: 31059
The orange squares represent a price value that meets the criteria that you have setup in your Volume at Price Threshold Alert V2 inputs.

In the case of the image you have supplied, it is displaying an orange square at each price level in which the Ask Volume minus the Bid Volume has a value of 1 or larger (Comparison Method = Ask Volume Bid Volume Difference, Volume Threshold = 1).

If you only want to alert when the imbalance ratio is 300%, then you would set the Comparison Method to Ask Volume Bid Volume Ratio and set the Percentage Threshold to 300 (you use the Percentage Threshold here since it is a ratio).

All of this is explained in the documentation for the study here:
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

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