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.
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
Take a gander at SG34
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.)
Last edited by WilleeMac; July 7th, 2015 at 04:36 AM.
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.)
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
Last edited by WilleeMac; July 21st, 2015 at 04:22 AM.
Reason: sp, clarify
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
Anyway see if this is of use
Working on syntax - any help is appreciated
Last edited by WilleeMac; August 18th, 2015 at 07:27 AM.
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.