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megabucks
Posts: 292
Joined: 9/30/2010
Location: uk
 User Profile |
I'm looking at volume spread analysis and would like to see volume on the chart.
Mainly I wanna see the size of volume bars and importantly the colour of the volume bars.
Example
If more selling then red bars and more buyers then green volume bars.
I'm thinking volume heat indicator but does anyone have setting suggestion or another suggestions to what to use
Many thanks
Jas
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harry d
Posts: 70
Joined: 12/17/2010
Location: windsor,ontario,canada
User Profile |
Try using the color charts in the chart options to change the background color for volume. If price and volume are rising then make the background color green, if price is rising and volume is falling then make the background color yellow, if price is falling and volume is rising make the background color red and finally if price is falling and volume is falling make the background color orange. Color charts are discussed in the tutorials and are pretty easy to work with.
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wolf
Posts: 159
Joined: 4/16/2011
Location: Germany
User Profile |
Volumen UP --> Green
Volumen Down-->Red
See settings in attached file for the simple solution.
The more complex described requirement probably is an issue for an OT Omnilanguage professional.
wolfgang
 Attached file : Volumen Settings Red_Green.pdf.pdf (57KB - 646 downloads)
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megabucks
Posts: 292
Joined: 9/30/2010
Location: uk
User Profile |
harry
your suggestion is exactly what im wanting to do
im unsue on how to implement this in the charts to show the colours that you suggest for price and volume
could you assist please with examples etc
jas
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Hafnium
Posts: 74
Joined: 1/1/2004
Location: Fairfax, VA
User Profile |
You will need OT Pro
Read Jim Dean's Post # 16915
http://www.omnitrader.com/currentclients/proforum/thread-view.asp?threadid=2985
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megabucks
Posts: 292
Joined: 9/30/2010
Location: uk
User Profile |
I now have pro and will start looking thru pro forum etc
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