The Bad High Low indicator of VolSys allows "anomalies" in the trading auction to be highlighted. 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

• Use Settings
  • General
    • Days to Load
    • Line Width
    • Bad High/ Bad Low Color
    • Show Background
    • Opacity
  • Filter Settings
  • Extended Settings

Use Settings

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

• General

• Days to Load

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

• Line Width

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

• Bad High / Bad Low Color

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 free of any graphic markings;

• Show Background

Show rectangle background; 

• Opacity

Defines background opacity;

• Filter Settings

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

• Extended Settings

Lets you extend lines from 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 subsequent candle.