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Direct MessagesDate/Time: Fri, 26 Apr 2024 14:00:01 +0000
[User Discussion] - ask vol & bid vol
View Count: 298
| [2023-03-06 19:32:28] |
| User411320 - Posts: 253 |
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Hello, I'm using the "compact tools value window" and wanted clarification on the ask and bid vol data. I'm assuming that is based off trades at those prices, so for ask ( buyers lifting the ask/ aggressive) and for bid ( sellers hitting the ask/ aggressive)? thanks |
| [2023-03-07 03:18:34] |
| ondafringe - Posts: 248 |
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From a futures perspective (and my perspective): Volume = bid volume + ask volume for that bar Bid volume = total number of contracts traded at any bid price within that bar (bid price can fluctuate within that bar's time frame). Ask volume = total number of contracts traded at any ask price within that bar (ask price can fluctuate within that bar's time frame). Volume at the bid/ask doesn't necessarily indicate aggressive selling/buying unless one side begins to outpace the other. |
| [2023-03-07 18:56:52] |
| User411320 - Posts: 253 |
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thanks
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