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!
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...
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?
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).
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.
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.
Great!, will wait for next release.
Thanks!