IT_VolRatioDeltaAlert
VolRatio DeltaAlert
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The IT_VolRatioDeltaAlert indicator (I know, bad name) is a price panel indicator that shows TV (TotalVolume), TR(Transactions), BV(Bid Volume), AV(Ask Volume) as well as Ratio(Total Volume / Transactions) and Delta %(Delta Volume as a percentage of TotalVolume). These statistics can help determine possible continuation, reversals, etc.
In addition, this indicator will help you see where and what occured with optional on-chart visual alerts as well as optional Ratio audio alerts.
The above chart shows some of the features and cross references the IT_BigLotHistogram indicator in the lower panel.
There are many customizable settings such as six positions for the text, color and style options for the visual alerts, alert sound selection plus custom sound, alert window with or without sound and sound only.
Many customizable settings.
As with all Time and Sales or Market Depth indicators, this uses real time or replay data only. A chart refresh will erase all previous data.
NT7 indicator also available.
Change Log
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3/31/16 - Added text size parameter and better text formatting.
6/25/14 - Added options for intrabar Delta % on/off, intrabar Ratio on/off and a Delta 100% filter on/off to filter the 100% signals found on 1 - 2 tick bars.
6/19/14 - Updated code to be more modern and efficient.
7/27/10 - Added a sound alert selection also for the Delta Percentage which can have a different setting than the same visual alert.
