Unfinished Tracker

Modified on Thu, 28 Aug at 3:28 AM

VolSys's Unfinished Tracker indicator highlights through lines in the chart the zero print situations, i.e., those price levels where there has been a strong aggression in one side of the book causing price to accelerate, resulting in non-trading in the opposite side, this results in 0's in Bid or Ask.

Price will often trade back into those levels to correct such an "anomaly," such areas can then be used either as targets of any trades already in place, or levels at which to possibly seek a reversal.


INDEX

Settings-of-Use

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





  • Incomplete Settings

  • Vol. tick-minimum

Defines the minimum volume that the tick in which the 0 occurs must have;


  • Threshold-max. unfinished 

Defines the maximum threshold that the Unfinished must have, specifically if you leave 0 it only tracks the Zero Prints, if you increase it to 1 it also tracks all those price ticks in which only 1 contract was traded in Ask or Bid and so on;


  • Mode-inclusions

1. Intrabar

Track only the Unfinished occurring inside the bar, thus excluding those occurring on the highs or lows;


2. Everything

Track all Unfinished that fall within the parameters set by the user;


  • N. min. of consecutive zeros

Defines the minimum number of Unfinished that you must have consecutive for the indicator to take them into account;


  • Display Settings

  • Num. bars-extension

Defines the number of bars into which to extend the lines provided by the indicator;


  • Line-Thickness

Defines the thickness of the lines provided by the indicator;



  • Virgin Zone

Defines the color of the lines of the Unfinished virgins, i.e., those zones where the price did not make a candle close beyond, differentiating the Unfinished occurred in Bid by means of the Bought Color and the Unfinished occurred in Ask via the Sales Color;


  • Zones Crossed

  • Show-crossed-zone

Lets you view the Unfinished crossed zones;


  • Report-only-touch

If enabled, it qualifies a zone as crossed at the mere touch of price, no longer requiring the candle to close beyond that zone;


  • Color-buying/sales-crossed

Defines the color of the Unfinished zones crossed;


  • Sound Notification

Enables  sound notifications upon adding them within the VolSys folder.

See article on Adv. Time and Sales for further clarification.


  • <>

Allows you to enable a Popup message in which to enter custom text, this message will be shown by the platform whenever you create a new Unfinished on the chart in which you have enabled it.




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