Bid Ask Volume Ratio shows relation of buying and selling volumes. It is smoothed by the moving average for better monitoring of tendencies.
How the indicator looks like in the chart:
The indicator has the following parameters:
Moving Average Type - setting the method of smoothing indicator values.
Period - setting of the indicator value smoothing period.
Mode - select relation of volumes Ask to Bid or Bid to Ask.
Panel - selection of the indicator location in the chart:
- New panel
Show value - showing the indicator value on the price scale.
Show zero values - showing zero values.
Scale - if this option is ON, the scale will be calculated automatically based on the minimum and maximum indicator values, so that the indicator would be accommodated in the chart.
Visual type - visual setting of the indicator display in the chart:
- Up arrow
- Down arrow
- Axis label
Line style - setting of the line display style:
- Dash - dot
- Dash - dot - dot
Width - setting of the indicator line width.
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