Book Ratio The Depth of Market (DOM) displays the volume offered at bid and ask. By summing the levels for all volume at the ask and bid, you can calculate a book ratio. The order book will never be exactly balanced. One side can show a lot more volume [...]

Custom Sentiment Index Often times a project requires a study to be able to access data or values from other charts or sources like text files for examples. At the same time it’s crucial to accomplish this in a user friendly and easily customizable way. While it is possible [...]

Volume Profile Studies Today Multicharts has the build in ability to display Volume Profiles or Volume Delta charts. Before that we created several studies incorporating these features for customers. A more complex project was creating an external database to store the volume information at each price. This was done [...]