Bid & Ask Vol Ratio: Difference between revisions
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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:<br> | |||
*Bid and ask values are not equal to one another;<br> | |||
*The bid price does not exceed the ask price;<br> | |||
*Neither bid nor ask volume is 0. | |||
<br> | |||
When applied to a chart, this indicator displays a plot in a separate subchart from the main data series. | |||
== Default Inputs== | |||
'''UseLog''' enables or disables the natural logarithmic calculation | '''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. | |||
[[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.
