Support Board
Date/Time: Sun, 07 Sep 2025 18:58:43 +0000
Large Volume Trade Indicator - Volume Threshold
View Count: 161
| [2025-08-22 15:58:40] |
| User837393 - Posts: 155 |
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I'm trying to understand the Volume Threshold input in the subject indicator, before starting to use it. Here's a number bar that I have as a real example : 91 x 138 131 x 200 128 x 142 154 x 193 165 x 129 168 x 245 127 x 70 67 x 47 62 x 7 When Volume Threashold is set at 2 based on Total Ask or Bid Volume above Threshold, I see the following result in Draw Volume Text: 101 152 112 145 11 168 73 44 38 I simply don't understand how the volume threshold input derives to throse numbers. Can you assist ? Best regards, |
| [2025-08-22 18:01:11] |
| John - SC Support - Posts: 41652 |
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The Large Volume Trade Indicator gives the Maximum or Sum (depending on what was selected) of the trades that are above the threshold. For the situation you describe, this means that for any trade that occurred at either the Bid or the Ask with a quantity greater than 2, then those trades are all added together to give you the resulting number. Specifically then, for the top level, the total of all trades with a quantity greater than 2 is 101 and the remaining volume of 28 were traded at a quantity of 1. Refer to the information at the following link: Large Volume Trade Indicator For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2025-08-29 03:03:59] |
| User837393 - Posts: 155 |
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Did you mean 128 instead of 28 ?
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| [2025-08-29 21:31:27] |
| John - SC Support - Posts: 41652 |
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We meant 28. 101 + 28 = 138. The remaining quantity of 28 trades done at the highest price you show were all traded with a quantity of 1. So 28 trades each with a quantity of 1. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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