Bid & Ask Vol Ratio (Indicator)
DisclaimerInput Information
Market Synopsis
Plots the ratio of (volume at or above ask)/(volume at or below bid) provided that bid and ask are not equal to one another, and that the market is not "crossed" (bid above ask), and that neither bid nor ask volume is 0. Does not plot on historical data and is used with real-time data only.
Plot Information
| Number | Name | Default Color | Description |
| Plot1 | BAVolRatio | Red | Plots the bid & ask volume ratio |
| Plot2 | ZeroLine | Green | Plots a zero reference line |
When applied to a chart, this indicator displays a plot in a separate subgraph from the price data.
The plot lines will display only for new bars that are created after applying the indicator.