Volume to Value funtion
As the titlke says, I would like to see a "Volume to Value" funtion for all volume related things. For the Smart DOM, for the Smart Tape, Footprints (aka Clusters), Volume profiles, etc. I think it would be a fairly simple implementation of a very simple function. Simple add the option to either add an extra column for it or just have the volume printed as [ vol * price ]. This would make a world of difference for reading stuff like btc and such as the linear contracts are all expressed in btc. But trying to read the time and sales with numbers like "0.00432", "1.3454", "0.25691", etc is a lot more tiring. and if you could THEN minimize THOSE values... that would be heaven send imo. Thanks in advance!
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Comments6
Abdo
Apr 7, 2025
would love to see this too
Emil
Oct 29, 2024
Please implement this. Its very easy, you literally have to multiply the current number on the footprint with the number on the axis. Should take like 2 lines of code to implement.
An Anonymous User
Oct 5, 2024
I would also like to see this. Specifically I am looking for an additional indicator that is not showing traded volume in contracts or shares, but rather shows the traded dollar volume (USDT/USDC/… for crypto pairs).
Jean-Philippe
Sep 21, 2023
vol*price is a very bad idea. This does not show the value.
This will distort all the distributions because you will weight the volume by the price and therefore inevitably give more weight to high prices.
Simple excel demonstration :
Emil
Oct 29, 2024
Thats incorrect.
Jean-Philippe
Sep 21, 2023
You can adjust the number of decimal places in the tape to make it easier to read, and set a filter so that very small orders are not displayed.