Bid & Ask Vol Ratio: Difference between revisions
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== Default Inputs== | == Default Inputs== | ||
'''DataNum''' is a numerical expression specifying the data number of the series | '''DataNum( 1 )''' is a numerical expression specifying the data number of the series. | ||
'''UseLog''' enables or disables the natural logarithmic calculation | '''UseLog( true )''' enables or disables the natural logarithmic calculation. False input will not calculate the natural logarithm. | ||
[[Category:Pre-built Indicators]] | [[Category:Pre-built Indicators]] |
Latest revision as of 13:58, 19 September 2024
The Bid & Ask Vol Ratio indicator displays the ratio of (volume at/above ask)/(volume at/below bid).
Description
The following conditions should be met for the indicator to be plotted:
- Bid and ask values are not equal to one another;
- The bid price does not exceed the ask price;
- Neither bid nor ask volume is 0.
When applied to a chart, this indicator displays a plot in a separate subchart from the main data series.
Default Inputs
DataNum( 1 ) is a numerical expression specifying the data number of the series.
UseLog( true ) enables or disables the natural logarithmic calculation. False input will not calculate the natural logarithm.