The Trade Dots extension draws dots at each price within each bar. The dots are sized in proportion to the volume traded at that price within the bar. The dots are drawn in two user-specified colors representing positive or negative delta at that price. Many options exist which control the size, scaling, shape, and coloring of each dot. A single dot mode draws one dot or shape on each bar at the VWAP or VPOC of that bar.
The Multiple Price Highlighter highlights multiple prices within a set of bars the meet certain criteria set by the user.
The Equi-Indicator creates price bars with a width based on the Indicator specified in the preferences. The most common use of the Equi-Indicator is to create bars with their width dectated by the amount of Volume in the bar. Although this is the most common use, the Equi-Indicator can do the same for any indicator listed in its preferences window.
Trail of Intentions (TINT) is an RTX Extension designed to display historical snapshots of the depth of market (order book). The market depth provides numeric insight into the intention of traders to buy and sell at various prices. TINT provides a wealth of options to visually identify relative size and changes in sizes among prices within same snapshot or from snapshot to snapshot over time.
PVP is a powerful order flow pattern matching facility that works hand-in-hand with VolumeScope. It is designed to identify buy and sell volume-based patterns within a sequence of one or more prices within each bar. One-price, two-price and three-price patterns can be identified at the high of bar, low of bar, the highest or lowest occurrence within the bar, or all occurrences within each bar. Within each price within a bar, volume, ask volume, bid volume, or delta may be compared to specific values, or to multiples of volume, ask volume, bid volume, or delta. A secondary criteria is optional for each price. Prices that meet the specified criteria are identified with a drawing style such as Solid Box, Hollow Box, Dot, or Line. Customization of each style is possible by specifying a number of horizonal slices and an offset (which slice) to use. Each PVP indicator in a chart can thus be setup to draw into a different slice for each price.
VWAP is the ratio of the value traded to total volume traded over a particular time horizon (usually one session). It is a measure of the average price a stock traded at over the trading horizon.
It is calculated by summing the price & volume of each bar or tick, over the entire session, and then dividing that by the sum of the volume for the session.
The VWAP Indicator has options to draw one or two bands around the VWAP, as well as a variety of options for computing those bands. The options for Band Basis include:
The Volume Price Statistics indicator provides the user with a variety of statistical measures based on the volume at price.
The Volume Analysis Indicator computes a moving average of volume. It provides a more detailed look at volume trends than can be observed using the default volume histogram below price charts. You may use this feature repeatedly to overlay multiple analyses on the same chart. The Moving Average type may be specified as simple, exponential, weighted, Welles Wilder, or Least Square. You may specify the number of periods over which the volume is averaged. Specify a period of 1 to see the raw volume for each bar (no smoothing). The graph may be displayed as a Line or Histogram.
The Volume Breakdown is a powerful and flexible indicator used to gauge buying and selling pressure. It looks inside each bar, breaking down and classifying each tick and then accumulating the results (accumulation is optional), and further giving the user a variety of statistical measures (including all built-in technical indicators) to apply the these results. The most common use of the VB indicator is to calculate the delta (difference between the buy (ask-traded) and sell (bid-traded) volume) of each bar. Positive deltas signify more buying pressure, while negative deltas signify more selling pressure. The magnitude of the delta determines the strength of that pressure. Expect to see positive deltas during uptrends and negative deltas during downtrends, but look for delta turning negative at highs, or turning positive at lows...a sign of possible market turns and good entry/exit points.
The TPO Indicator computes and displays historical values for TPO Profile price levels: POC, Value Area High (VAH), Value Area Low (VAH), developing POC, VAH, and VAL. It enables review these values historically to see see how price reacted when approaching these levels. While developing POC, VAH, and VAL change throughout the day, traditional TPO Profile charts only show the current values. The TPO Indicator allows the user to look back and see where the levels were at any given historical time. TPO is an acronym for Time/Price Opportunity.