BM Study - Bubble colors on bid and ask
BM Study - Bubble colors on bid and ask
Seeking understanding
Just working to understand the details of BM order flow.
A large order is placed on the ASK line (red) but the orders shows as RED but the candle shows as Green. Is this because someone is selling on the ASK? Typically, buying on the ASK would show a Green bubble and selling on the BID would show a Red bubble (if the bubble color scheme is set to those colors).
Thoughts?
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Re: BM Study - Bubble colors on bid and ask
Red trade bubble placed on Ask has to do with data quality. Bookmap acquires data from exchanges or data providers (dxFeed in this case). In rare cases it may be insufficient.
Green candle means the price going up in this time interval.
Green candle means the price going up in this time interval.