Cluster Search
Searches the cells of the cluster for values of the indicated type.
Last updated
Searches the cells of the cluster for values of the indicated type.
Last updated
Found values within the cluster can serve as a reference point in market analysis, act as levels, and also serve as signals for entering a position.
When the Cluster Search indicator finds a value with the indicated parameters, it highlights it and marks it with a shape. The indicator has customizable filters for a more precise search for the required values.
Indicator view on a candlestick chart:
Indicator view on a cluster chart:
Name | Description |
Type | Selecting the type of the required values in the cluster cells. |
Minimum | Indicating the minimum value of the specified type to search. |
Maximum | Indicating the maximum value of the specified type to search. |
Alert | Possibility of setting a sound alert when the indicator finds values of a given type. |
Name | Description |
Selection Color | Selecting the color for highlighting the values found by the indicator. |
Object Back Color | Selecting the color of the shape that the indicator uses to mark the found values. |
Object Type | Selecting a shape type, or disabling it. |
Minimum Size | Indicates the minimum size for the shape. |
Maximum Size | Indicates the maximum size for the shape. |
Name | Description |
Bars Range | Combining values in cells with the same price in adjacent clusters (the current cluster and clusters on the left) to obtain the desired value of the specified type.Spoiler: Example |
Price Range | Merging values in neighboring cells of the cluster (the current cell and the cells below it) to obtain the desired value of the specified type. Spoiler: Example |
Min Value | Indicating the minimum value that the indicator will take into account when merging bars and prices.Spoiler: Example when merging prices |
Min Delta | Indicating the minimum delta value in a cell when searching for values of a given type. |
BidAsk Imbalance | Indicating the minimum overweight BidAsk in a cell when searching for values of a given type. This filter is indicated as a percentage. To search for an overweight of Ask over Bid, positive values are indicated; to search for an overweight of Bid over Ask - negative ones are indicated.
Calculations are made according to the following formulas:
|
Range From High | Indicating the range in points from the high of the cluster, in which the indicator will search for values of the specified type. |
Range From Low | Indicating the range in points from the low cluster, in which the indicator will search for values of the specified type. |
Min Avg Trade | Indicating the minimum value of the average trade in a cell when searching for values of a given type. Any value in a cluster cell is formed from transactions of small and large market participants. Indicating the average trade of a cell helps to identify a large market participant. The larger the average trade of a cell, the more likely that it was formed due to large volumes. Average trade is calculated using the formula Volume (total volume of all transactions) / Trades (number of transactions).Spoiler: Example |
Max Avg Trade | Indicating the maximum value of the average trade in a cell when searching for values of a given type. |
Bar Direction | Selecting the cluster direction, which the indicator will take into account when searching for values of a given type. |
Price Location | Selecting the location of a cell with a value of a given type within the cluster, which the indicator will take into account when searching. |
Single Selection | Selecting the one largest value of a given type within a cluster among those found. |
Name | Description |
Use Filter | Enable time filter |
Start Time | Setting the time from which the search for values of the specified type starts. |
End Time | Setting the time at which the search for values of the specified type ends. |
Name | Description |
Show Indicator | Enabling or disabling the indicator display on the chart. |
Show Area | Enabling or disabling the indicator name display in the information line. |
Area | Selection of an area to display the indicator. |
