Category: Option/Stock/Futures Volume
Chart requirements for optimal use:
Time Interval: 1 Day
Aggregation Period: 1 Tick
Settings 👷:
1. Volume Theshold: 100; (This sets the minimum volume size. 1 tick volume)
2. Dollar Theshold: 10000; (This sets the minimum trade size. 1 tick volume and tick price)
🧪 How this works:
1. This takes the each tick volume and multiplies it by the price.
2. If the $ value of the above is greater than dollar threshold then a bubble will appear. (Green = Potentially Bought. Red = Potentially Sold).
3. If the tick volume is greater than volume threshold then a bubble will appear. (Green = Potentially Bought. Red = Potentially Sold).
🦖 How to use this(layman description):
1. Allows you to monitor for unusual trades and we guess if it was bought or sold
2. If current tick is higher than previous tick = Buy
3. If current tick is lower than previous tick = Sell