Bid & Ask Vol Ratio
From MultiCharts
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.