Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
You have to understand how that number is derived. Go to SG8 and 9 when referencing 23. SG8 is exactly what it says; the maximum ask & bid difference. After the bar is closed and MaxABdiff is 115, it is just that. Looking further into this, volume change was 101 and ABdiff was 122. In this particular case a new high was not made. /CL M1 0418amET today. Now I'm watching to see if that doji spike holds.
Always looking for ways to improve things - you can always teach a dog new tricks.
-William
EDIT
One of the reasons I'm posting things like this is the SC thread here at futures.io (formerly BMT) lacks luster esp for a charting system as powerful as it is internally and not externally
EDIT2
Take a gander at SG34
EDIT 3
A bunch of info can be pulled from the Numbers Bars and placed on a regular candlestick chart with out chewing away real estate as does the numbers bars study (numbers bars and numbers bars calculated values.)
Can you help answer these questions from other members on NexusFi?
As I dig through the SC Numbers Bars Calculated Values study for enhancements to standard deviation moves, I've located a very important piece of information which I can't find discussed much here lately (very little on SC forum.)
When using the Numbers Bars Study it is towards the bottom of settings box "Show Historical Pullback/COT AskVolume BidVolume Difference."
Back to CalcVals, use the ID as an alert indicator for "Color Bar Based on..."
In Chart Setting you must have Historical Pullback Data set to COT or Pullback
In a nutshell negative number at the top is sellers and positive number at the bottom is buyers. The calculation is of these numbers is somewhat complicated but it works, trust it.
Your two of the COT high and low Pullbacks could be more insightful than Bar Finish since Bar Finish does not reflect the level of interest right at the low or high of the numbers bar
If you want to put Numbers Bars Calculated Values on a standard bar chart, you can use "Study Subgraphs Reference" study. Then in the tabs of that study use appropriate settings and inputs, subgraphs value on high, value on low
In this case I'm using
ID5 is NumBarCalcVal
ID5.SG37, Value on high, green
ID5.SG38, Value on Low, red
I like the Numbers Bars Study but they take up too much real estate
Since the above study subgraphs won't let you use on offset of ticks on high or low, for other reference to CalcVals you could use color bar based on alert condition
As I've pointed out the Numbers Bars and Numbers Bars Calculated Values Study(s) have a plethora of information but we don't have enough time to digest what's being said and in my opinion they take up too much real estate.
I'm finding the COT (vs pullback) to provide useful info
NBCV study is ID1
SG37 is High Pullback Ask Volume and Bid Volume Difference, COT number on Numbers Bar
SG38 is Low Pullback, COT number on Numbers Bars
Using the above study along with "Color Bar" I'm putting actionable info on an M1 bar which does not chew up real estate etc
My main issue with that when I try it on a 3 min bar is that the HighPB and LowPB values are zero at all times. I have no idea why.
With your syntax, I don't think you need an AND as there is no double statement.
I figured you meant using two color bar based on alert condition studies and having one color for a PB low and one for a PB high.
Funny thing you say that about an M3 bar, I can't get anything to load other than an M1 for that chart. I'm guessing I've got a study in there that's wigging out this particular chart
-William
EDIT
Do you have Chart, Chart Settings, Advance Settings, Historical Pullback Data, COT? (I prefer COT over Pullback)