Cluster Settings Quality of Life Improvements

Hi,

Recommendation to add the following quality of life improvements. I know that there are similar posts on this topic, so apologies for any duplicate posts and to any original posters.

*Note: I am new to the ATAS platform so some of my recommendations may already be in the platform, and I have yet to discover it.

1: Footprint Text Location - Ability to move the text left/center/right for each footprint. So, for the ‘base footprint’ and the ‘additional footprint’, these are independent settings.

Rationale: Sometimes, depending on the type of footprint mode I am using (full, delta, volume), I want the text in a certain area. For example, in a delta profile, I want the text to the far right. Currently (and again I am new to the platform), I can only set the text to the far left.

2: Footprint Text Background - Ability to apply a background color to the footprint text.

Rationale: Depending on the background color of chart or footprint colors being utilized, the text can be ‘lost’ or ‘not clear’ when the colors get more dark/less dark. I know that the background color of the cluster can sort of offset this issue, but it doesn’t completely resolve it.

3: Additional Content Calculation: Delta (Diagonal) - Add an option to calculate delta diagonally, which would synchronize with the imbalance option.

Rationale: While viewing delta horizontally is usefully in most scenarios, there are instances were viewing the delta diagonally is just as beneficial - if not more. As stated above, this would also synchronize with the imbalance setting, which is calculated diagonally.

4: User selected heat map option (Color Scheme) - Add the ability for the user to select two to four colors to create their own heat map.

Rationale: I personally do not use most of the heat map options due to the pre-set color choices. Adding the ability for the user to create their own heatmap based on their preference/technology/visual impairments would allow greater flexibility in utilizing this option.

5: (Alternate to #4) Ability to define certain volume/percentage thresholds - If the above (#4) is not open for incorporation, an alternative solution is to allow the user to set pre-defined thresholds that would trigger certain colors.

Example:

-Positive threshold 3: Dark Blue

-Positive threshold 2: Medium Blue

-Positive threshold 1: light Blue

The options for these ‘thresholds’ could get very expansive. Recommendation is to add the following initial options for calculation: % Total Volume of Bar, Delta (horizontal and diagonal, if added), Total Trades, Bid/Ask Imbalance (% set by user) - for this one, I know there is an imbalance option. However, the difference here is that I am requesting that the ‘bar’ is colored, not the ‘text’.

6: Bid/Ask Imbalance Setting Text: Allow the user to set the size, style, and background of the text when an imbalance occurs.


Rationale: This will allow imbalances to ‘stand out’ to the user. In other words, it will make it ‘pretty apparent’ there is an imbalance.

7: Proportion Setting: Allow the user to select the additional pre-defined options: Trading Day (ETH/RTH), week, custom interval.

Rationale: This will allow the user to gain a different perspective on the data. Example: In ‘bar’ delta mode, a delta might seem significant at a key support/resistance area. However, if the setting is changed to ‘week’, the delta might not seem significant, and it could influence the trader’s decision.

8: Maximum Level: Allow the user to set a background color for the maximum level and not just the text color. Additionally, add an option to extend the maximum level until it is: intersected/touched.

Rationale: Knowing where the point of control is at is important for most traders. Being able to make it ‘stand out’ by coloring the background is important…along with coloring the text. An untested POC (e.g., having the line extend until intersected) that is near multiple imbalances could be a key inter-day trading level.

9: Background of cluster (Additional Footprint): Allow the user to select different backgrounds for the base footprint and for the additional footprint.

Rationale: The user might select different color options/heat maps that might require a different background…which may/may not synchronize with the background of the chart.

*Note: Not sure if I am doing this correctly in the setting…or it could be a bug. I am unable to set a different color for the base footprint or for the additional footprint (on beta build 7.03.235).

  1. Additional Modes: Allow the user to select the following modes:

    -Right aligned volume profile

    -Right aligned delta profile

Rationale: In some cases, the user might want to have the flexibility to right align the volume or delta profiles. An example would be: Right aligned Volume Profile (base footprint) + a normal delta profile (selected in the additional footprint). So, this would create a ‘modified looking bid ask profile’.

A second example would be to have the normal volume profile (base footprint) + a right aligned delta profile (additional footprint). This would point the profile’s towards each other and when you add in the ‘adaptive trades’ or ‘big trades’, I ‘think’ they would be created/highlighted down the middle of the two profiles…potentially making it easier to see the profiles + these studies.

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Upvoters
Status

In review

Board

💡 Feature Request

Date

About 1 year ago

Author

Michael

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