Hello,
This feature is very rare but very interesting :
using Time and sales you calculate the volume per price level and not the classical volume per bar.
A spectrum bar is drawn on the right of the screen near each price level. The longer the bar the more volume there has been on this price level.
A spectrum bar is calculated for all the bars displayed on the screen so when you extend the graph to get more bars the spectrum information changes also.
The use ? Find real support & resistance
Volume is always refering to a bar, the spectrum shows the volume per price level .
This feature is very rare but very interesting :
using Time and sales you calculate the volume per price level and not the classical volume per bar.
A spectrum bar is drawn on the right of the screen near each price level. The longer the bar the more volume there has been on this price level.
A spectrum bar is calculated for all the bars displayed on the screen so when you extend the graph to get more bars the spectrum information changes also.
The use ? Find real support & resistance
Volume is always refering to a bar, the spectrum shows the volume per price level .