Bid Ask Volume Ratio

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:

Settings

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.

Drawing

Visualization

Panel - selection of the indicator location in the chart:

• New panel
• Chart

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.

Color

Visual type - visual setting of the indicator display in the chart:

• Line
• Histogram
• Hash
• Block
• Cross
• Square
• Dots
• Up arrow
• Down arrow
• Axis label
• Hide

Line style - setting of the line display style:

• Solid
• Dash
• Dot
• Dash - dot
• Dash - dot - dot

Width - setting of the indicator line width.