Imbalance with Price Volume Pattern

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robmak
Last seen: 4 years 10 months ago
Joined: 07/30/2014 - 16:18
Imbalance with Price Volume Pattern

Hello, i watched the video here https://www.linnsoft.com/videos/identifying-buy-and-selling-imbalance-pr...
In the example, an extra constraint parameter was set to see vol over 100 only. Can it be constrained to bid vol+ >=100 & <= 150 ?

thank you!

0
cpayne
Last seen: 1 year 7 months ago
Joined: 03/30/2009 - 00:00
MPH for Imbalance

Multiple Price Highlighter is also a terrific tool for identifying imbalance.  Actually, it's probably more flexible in that regard than PVP for identifying imbalance.  Try this...

robmak
Last seen: 4 years 10 months ago
Joined: 07/30/2014 - 16:18
great!, that did the job.

great!, that did the job. Thanks
Another follow up question to it. Now can it be filter more to show up in a specific area in a bar?

cpayne
Last seen: 1 year 7 months ago
Joined: 03/30/2009 - 00:00
Prices from Edge

What would you be looking for specifically here?  Regardless I would need to add a different filter options.  Those options could be...

Prices from Extremes
Inside Percent

So you could enter...

Prices from Extremes > 4

Then the imbalance would have to be 4 prices from the edge of bar or more.

or could do..

Inside Percent < 50

and it would have to be within the inner 50% of the bar (so over 25% from high and 25% from low ...25% of range).

robmak
Last seen: 4 years 10 months ago
Joined: 07/30/2014 - 16:18
For now I'm experimenting

For now I'm experimenting with extreme. Ex: for a buy imbalance, would like to see it being highlighted only at the extreme bottom of bar. None at the top or middle.
The filter of "Prices from Extremes > 4" seems like it would work well. Then i can change the # to see other results.

cpayne
Last seen: 1 year 7 months ago
Joined: 03/30/2009 - 00:00
Prices From Extreme

OK, so for that purpose, Prices from Extreme would work with you putting...

Prices From Extreme < 2

I could also put Percent from Extreme.  I implemented both for next release (see below).  Good suggestion.

robmak
Last seen: 4 years 10 months ago
Joined: 07/30/2014 - 16:18
Great!, will wait for next

Great!, will wait for next release.

Thanks!