Block Trade < Bid (Indicator)
DisclaimerInput Information
| Name | Expression | Default | Description |
| BlockSize | Numeric | 100000 | Number of shares in a block trade. |
| ExcessPoints | Numeric | .25 | Number of price points below the Inside Bid. |
| AlertColor | Numeric | Yellow | Color used to display alert. |
| ColorMinutes | Numeric | 5 | Number of minutes the alert color will be displayed. |
| ColorScheme | Numeric | 2 | 0 = no coloring; 1 = color text in cell; 2 = color cell |
Market Synopsis
This indicator will trigger an alert each time a block trade occurs with a price differential (in terms of "ExcessPoints") below the Inside Bid price if it happens in real time. The block size and price differential below the bid is user specified.
This indicator is designed for 1-tick data interval and is a grid-based (RadarScreen) indicator.
Plot Information
| Number | Name | Default Color | Description |
| Plot1 | TradeVol | White | Trade Volume value in a transaction. |