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Volume Breakdown and Bid/Ask Difference studies


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Volume Breakdown and Bid/Ask Difference studies

  #1 (permalink)
 
lolu's Avatar
 lolu 
Lagos, Nigeria
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This is a chartbook showing the Volume Breakdown (VB) study and the Bid and Ask Difference (BAD) study in the lower panels. The Bid and Ask volume are the numbers on each bar. I use these studies in all my Chartbook/Studies Collection (see my Trading Diary thread).

I'm unable to attach the VB and BAD studies because the nexusfi.com (formerly BMT) Upload process rejects the file types. The file types are with DLL and CPP extensions (e. g. BidAskHistogram.dll, BidAskHistogram.cpp). SierraChart has a tool to build the DLL from CPP. So, if nexusfi.com (formerly BMT) Upload process will allow at least CPP file type, SierraChart nexusfi.com (formerly BMT) forum members can build the DLL. Sometimes, it is only the DLL study that are available, so, if DLL types are not allowed by the nexusfi.com (formerly BMT) Upload process, forum members may not be able to have the DLLs. Mike should be in the position to resolve this.

Lolu

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  #3 (permalink)
 
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 Big Mike 
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I've allowed the .cpp (C++) extension, you can upload it now. Am skeptical on allowing DLL's, can be very dangerous to blindly run code you cannot view the source of.

Mike

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  #4 (permalink)
 
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 lolu 
Lagos, Nigeria
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Mike, thanks for your extremely prompt action to allow the CPP file types in the Upload process.

I have now attached the Volume Breakdown and the Bid/Ask Difference studies.

Lolu

Attached Files
Elite Membership required to download: DYVolumeBreakdown.cpp
Elite Membership required to download: BidAskHistogram.cpp
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  #5 (permalink)
chrislb
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Hi lolu

this is an alternative to show volume breakdown. It is just the standard bid volume / ask volume study. If the cumulative volume breakdown, I added for comparison, shows more information depends on what you like.

chris

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  #6 (permalink)
 
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 lolu 
Lagos, Nigeria
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chrislb View Post
Hi lolu

this is an alternative to show volume breakdown. It is just the standard bid volume / ask volume study. If the cumulative volume breakdown, I added for comparison, shows more information depends on what you like.

chris

chris,

I notice that you have the Volume Breakdown Chart and Ladder (Volume By Price) studies in your setup. Is the Volume Breakdown Chart the same as the DY Volume Breakdown Chart, which I already have; in any case, could you post the Ladder and Volume Breakdown Chart studies (in cpp format), and your 6E 6rng chartbook shown in your post 5.

Lolu

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  #7 (permalink)
chrislb
Germany
 
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lolu View Post
Is the Volume Breakdown Chart the same as the DY Volume Breakdown Chart Lolu

Yes.

I post my 6E chartbook, which should contain the whole stuff, as far as I know.

I agree with you on the amount of the indicators (as you mentioned on the other thread), I want to have on my chart. But I haven't decided finally , which one gives me the best reference to the overall picture I use, and shows the developing end of a valid pullback.
So for the time being, there are more on my charts, then I want to have some time.

chris

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  #8 (permalink)
 
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 cory 
virginia
 
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Big Mike View Post
I've allowed the .cpp (C++) extension, you can upload it now. Am skeptical on allowing DLL's, can be very dangerous to blindly run code you cannot view the source of.

Mike

SC user can always compile cpp file into DLL file took about 3 clicks to do it.

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  #9 (permalink)
 
lolu's Avatar
 lolu 
Lagos, Nigeria
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cory View Post
SC user can always compile cpp file into DLL file took about 3 clicks to do it.

Yeah, but some studies are ONLY available in DLL file type. I agree with Mike, that DLLs are dangerous species. We'll make do with the CPP file type.

Lolu

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  #10 (permalink)
 
lolu's Avatar
 lolu 
Lagos, Nigeria
Market Wizard
 
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Platform: NinjaTrader, SierraChart
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Frequency: Daily
Duration: Hours
Posts: 2,552 since Jun 2009
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Thanks Received: 1,678



chrislb View Post
Yes.

I post my 6E chartbook, which should contain the whole stuff, as far as I know.

I agree with you on the amount of the indicators (as you mentioned on the other thread), I want to have on my chart. But I haven't decided finally , which one gives me the best reference to the overall picture I use, and shows the developing end of a valid pullback.
So for the time being, there are more on my charts, then I want to have some time.

chris

chris,

I got this message on SC when I opened the 6e.cht you posted.

Is there a new upgrade for SC that is required to load the chartbook ? I have version 580/package 5 (which is the highest pack) of SC subscription.

Lolu

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