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| Bid/Ask Indicator Similar to TradeFlow in CQG So Ive been using CQG for some time now and though most of you will say its PRICEY!....I have somehow become hooked to a point where I can not switch over to another platform. (maybe TS again) There is a charting format called TimeFlow in CQG which is pretty much the same as the bid/ask indicator available on TL! but coloring the price bars instead of volume. The following illustration will show this. ![]() The bar is color coded separating the percentage of volume traded at the ask price vs bid. Green = trades at the ask. Red = trades at the bid. The width and the brightness of the colors reflect the relative total executed volume. Wide, brightly colored bars indicate heavy trading and thin, dark bars indicate low executed volume. Here is a chart in action. ![]() The question is, can anyone replicate this in tradestation? I say this because I am absolutely obsessed with this charting package and when I do go back to TS I need it. Its become an addiction to a point where I can no longer view candlesticks as green bars on a candlestick chart can actually appear weak in a TradeFlow chart. Thanks!
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![]() | Re: Bid/Ask Indicator Similar to TradeFlow in CQG I think the only difference are those small black bars in the CQG Tradeflow that I didn't see in I/RT's implementation. Perhaps LS Chad could advise further here... Another question would be...why are you thinking of going back to tradestation. Sort of like giving up a Mercedes-Benz and opting for a Ford instead, if you know what I mean. -fs | ||
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| Re: Bid/Ask Indicator Similar to TradeFlow in CQG Quote:
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![]() | Re: Bid/Ask Indicator Similar to TradeFlow in CQG ![]() Paul | ||
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| | #5 | ||
![]() | Re: Bid/Ask Indicator Similar to TradeFlow in CQG Do you really think it improves your trading compared to say just looking at price and volume? I guess the answer must be yes or is it your addiction clouding your mind It definitely gives you another layer of information I just wonder how useful you really find it? | ||
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| | #6 | ||
![]() | Re: Bid/Ask Indicator Similar to TradeFlow in CQG ![]() Cheers Blu-Ray
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| The Following User Says Thank You to Blu-Ray For This Useful Post: | ||
khagans (10-02-2008) | ||
| | #7 | ||
![]() | Re: Bid/Ask Indicator Similar to TradeFlow in CQG Looks good BR. I wonder if you could get something good going with the different intensity of colours (i.e. a nice spread of brightnesses) whether that would suffice. I guess an alternative would be filled rectangles (drawn objects) but messy to keep track of I guess. | ||
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| | #8 | ||
![]() | Re: Bid/Ask Indicator Similar to TradeFlow in CQG Quote:
![]() Yes, it would be possible to varify the colors a bit more, might get a bit cluttered though.
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