This seems fairly simple and straight forward, but I am stuck and hope to find an answer here
My Problem Statement:
I would like to color code my time and sales window to show:
- Green transactions for when price should move higher
- Red for when price should move lower.
I understand that in the time and sales window, there are just receipts for each transaction and don't necessary show when price should move in either direction, but what I am struggling with where is to set the color schema for NT8 to show my desired outcome.
My assumptions are:
- If a transaction occurs on the Ask, price should go up/down?
- If the transaction occurs on the Bid, price should go up/down? (I assume if sellers are selling into the bid, then price should go down.)
On my platform settings, there is an option for both "at ask foreground" and "ask foreground", I have no Idea of what the difference is.
So essentially I would like to watch the tape to try and get a feel for the market, but I cant seem the get the colors right.
Any insight would be greatly appreciated.
Thank you.
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