SF - Big trades
The model displays large market buys and sells on the chart, which are executed in high volume.
Last updated
The model displays large market buys and sells on the chart, which are executed in high volume.
Last updated
The Big Trades indicator displays on the chart abnormal market purchases and sales (as they are sometimes called - aggressive trades), which are executed in large volume and are out of the general conjecture. The Big trades indicator uses the standard deviation method to find abnormal volumes. Thus the model adapts to changing market conditions, which allows it to work in any market conditions.
Big trades are circles of various sizes that highlight large trades.
The indicator has one parameter to change - the volume filter, which accepts values from 1 to 5. The larger the filter values, the larger the volumes will be highlighted.
In the graphics settings window, the user can select the shape, color and transparency of the display (default - green circles for purchases, red circles for sales, transparency 50%) for each type of deals.