This is the tool to visualize the volumes during each value of spread.This method of tape displaying is useful because it more clearly shows the balance between buyers and sellers and which side is more agressive right now.
To open the following module, use:
І. The Spread Tape hot key button.
ІІ. Open Menu, Spread Tape tab.
Instruments manager window will open:
In the following window, choose the instrument from the All Instruments tab, or from the Favorites tab.
*Adding instruments to the Favorites tab is described in detail here:
Afterwards, the Spread Tape window will open.
1. Time corresponding to the given spread.
2. Bid – price, where the Bid was.
3. Ask – price, where the Ask was.
4. Delta – cumulative delta for all the data in the counter.
5. Bid Trades Size – volume of the trades on the Bid side (i.e., market sales).
6. Between Trades Size – volume of the trades within the spread (between the Bid and the Ask).
7. Ask Trades Size – volume of the trades on the Ask side (i.e., market purchases).
8. Freeze button – allows to “freeze” (stop) the tape (the same button “unfreezes” the tape).
9. Color settings.
10. Tape display on top of the other windows.
*Functions 9 and 10 can also be used from the context menu.
To launch the context menu, right click on the tape.
Context menu description:
- Change Instrument.
- Settings – color settings.
- On Top – displays the tape on top of the other windows.
- Change layout.
- Clone window.
Between color – color of the trades inside the spread.
Save As Default.
Reset – reset settings.
Customer support service by UserEcho