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Completed

Range Bar // Cluster Profile

Marc 2 years ago in Charts updated by support 2 years ago 8

Hi,

over the last weeks i have found some things that could be very helpful and improve the software :)

Range Bar:
I always use Range Bar as a Footprint Chart (BidxAsk). It would be cool to have a Reversal Footprint, like in the Reverse Chart. So a new Footprint is made after price has reversed a specific number of ticks.
Then it would be cool to maybe have a Box around the POC in every Footprint (currently you can only see max Bid and max Ask as far as i know).
For Bid/Ask Spread Imbalance it woud be cool if you could increase the minimum amount, so for example i only want to see Imbalances of 400% but only if the Volume is more than 1000 for example. I think the max. now is set to 20, which is too low in my opinion. I think there should be no limit.

Cluster Profile:
The Cluster Profile is almost perfect in my opinion, but i think it would be very good to have a second "Time" field in the Control Panel. So For example when i use Value Area levels to trade, i think its better to use the Value Area of the Pit - Session instead of Globex session. So what would be great is if i can have a chart of the Globex Session , but the Value Area is only Calculated for Pit Sessions. In the Second "Time" field i could then put in the pit session trading hours and maybe under "Options" link it to the Value Area Calculation. 
This way it would be also possible to draw Pit - Session Clusters and Overnight Session Clusters if someone wants to use that. In the Color Settings it should then be possible to choose the color for the second Time Session, so you can clearly see what is Pit - Session and what is overnight.
With the second "Time" field you could then also have the option to use this entered time for Calculating your chart (when you want to have globex and pit session ) or only for Calculating the Value Area or POC.
For Example: I want to use a 15 min. Cluster Profile of the ES with globex session, but Value Area just Pit - Session. So in the first Time field i put in 00:00-23:59. In the second field i put in 08:30-15:15, which is the Pit-session. I can then go to "Options" and let the Value Area be calculated only during 08:30 - 15:15.
Maybe it would be also a good option to choose if you want lines that show you the Value Area , or if the Value Area is printed in a different color.
Same could be usefull for Classic Profile aswell :)
It may sound complicated, but i think it's just a little bit hard to explain :)

Under review

Cluster Profile (actual for all charts)

You can mark time zone (setup - grid - time zone)

>For Bid/Ask Spread Imbalance it woud be cool if you could increase the minimum amount, so for example i only want to see Imbalances of 400% but >only if the Volume is more than 1000 for example. I think the max. now is set to 20, which is too low in my opinion. I think there should be no limit.


I doesn't understand. What value you want to increase ?

i would like to display bid-ask imbalance, but only if the volume is minimum 1000 for example.
So lets say imbalance is set to 500%.

If 50 E-Mini SP contracts are sold at the bid at 2500,00 and 10 are bought at the ask at 2500,25 it would show me an imbalance. But i would only like to see the Imbalance if it was 1000@ 2500,00 and 10@2500,25.

So in order to show an imbalance it has to hit the imbalance % and also a minimum volume

You can try to setup also bid and ask limits (1000 for example)...

yes i know but when i do this every bid or ask with 1000 or more is marked, but i only would like to see those with 1000 or more AND imbalance :D
i think it would actually also be cool to set multiple imbalances, so that you could mark them with different colors so you know how big the imbalance is.
For example you could then set 300% with orange and 500% with red.

Hi

Do you mean VOLUME limit (bid+ask) or one of components (ask or bid more than 1000) ?

Completed

In Bid/Ask Spread Imbalance limit added addition volume filter,