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Eplanation of BidAskHistogram indicator


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eseeker
Vero Beach Florida
 
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New to the site. Old time trader, long inactive, trying to get back into trading. Signed up for NinjaTrader, and added "BidAsk Histogram. Can anyone explain how to interpret it? Or refer me to the author. Asked Ninja and they said it came from BigMike's site. What I don't understand is the surge of Buy (Red) Vol on down bars at the high, and the surge of Sell (Blue) Vol on up bars at lows. Thanks for your help. eseeker33 aka [email protected]

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Fat Tails's Avatar
 Fat Tails 
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eseeker View Post
New to the site. Old time trader, long inactive, trying to get back into trading. Signed up for NinjaTrader, and added "BidAsk Histogram. Can anyone explain how to interpret it? Or refer me to the author. Asked Ninja and they said it came from BigMike's site. What I don't understand is the surge of Buy (Red) Vol on down bars at the high, and the surge of Sell (Blue) Vol on up bars at lows. Thanks for your help. eseeker33 aka [email protected]

There are thousands of indicators around. If you want an answer, you should

- post a link to the indicator
- or export the indicator via NinjaTrader and attach it here
- let us know the exact name of the indicator
- post a chart and explain your question

I am not able to find that indicator without any hints.

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Last Updated on May 11, 2012


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