The Bad High Low indicator from VolSys allows us to highlight "anomalies" in the trading auction. In fact, normally in the high tick of a candle we will find a 0 in Bid and x contracts traded in Ask while in the low tick we will find x contracts traded in Bid and 0 in Ask, when this is not the case, that is, when there are contracts traded on the high tick in Bid or the low tick in Ask, the indicator will show a rectangle. 

INDEX

• Settings-of-Use
  • General
    • Days to upload
    • Line-Thickness
    • Color Bad High / Bad Low
    • ShowBackground
    • Opacityà
  • Settings-Filter
  • Settings-Extension

Settings-of-Use

Clicking on the indicator settings icon will open its configuration window, within which you can make several choices regarding the functionality of the indicator itself. 

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  General

• Days-to-Load

Defines the number of days for which you want to load the'indicator;

• Line-thickness

Defines the thickness of the dividing line of the rectangle plotted by the'indicator;

• Color Bad High / Bad Low

Defines the color of the rectangle, allowing you to differentiate between Bad High and Low;

• Show rectangle

Defines whether or not to show the rectangle, as some users may prefer to display only the extension lines leaving the candle devoid of any graphical markings;

• Show background

Show rectangle background; 

• Opacityà

Defines the'opacityà of the background;

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  Settings-Filter

If placed on manual it allows to apply a filter on the minimum volume, useful to highlight only the most relevant Bad High/Low, which are more likely to be taken up by the market;

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  Settings-Extension

Lets you extend lines from the Bad High/Low, decide whether to reset them every start of the day and whether to stop them at the intersection with the shadow of a next candle.