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strange looking chart


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strange looking chart

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  #1 (permalink)
brisbane queensland australia
 
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There's substantially more selling than buying showing on the volume difference bars. Surely this can't be right?


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  #2 (permalink)
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the amount of data the chart is being rendered by; settings maybe?

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  #3 (permalink)
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I'll hazard a guess here, it looks like the ask/bid volume bars study is just another way of displaying the cumulative delta. If that's the case, it represents market orders but not limit orders. With either, it is just a piece of the overall volume picture.

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Rrrracer View Post
I'll hazard a guess here, it looks like the ask/bid volume bars study is just another way of displaying the cumulative delta. If that's the case, it represents market orders but not limit orders. With either, it is just a piece of the overall volume picture.

i would agree....i didn't think of that distinction

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