Price Pressure

Not sure how to explain what I'm after... Basically, I'm looking for an indicator or software that wil show me what the price pressure is like for a stock/future, i.e. if there are more buyers, it will move the price up, or vice-versa... I want to capture / measure that pressure.

It might be called a 'thermograph?'

Any ideas?

QuoteTracker does this and the software is free and has a number of different data feeds that can be used.


Paul

azdo said:

Not sure how to explain what I'm after... Basically, I'm looking for an indicator or software that wil show me what the price pressure is like for a stock/future, i.e. if there are more buyers, it will move the price up, or vice-versa... I want to capture / measure that pressure.

It might be called a 'thermograph?'

Any ideas?

Click to expand...

Quotetracker has a pressure indicator. One of them looks like a barometer and turns red and green if my memory serves me correctly.

Pressure
The pressure indicator shows the ratio of shares traded at or below the bid (Red) v.s. at or above the ask (Green) in the last 30 trades. It is similar to the color coding used in Raw data to show buys vs. sell (pressure). Pressure is also available as a portfolio column in Edit Views from the View Menu.
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Pressure Bars
This indicator shows the ratio of the volume of trades going off at ask vs. trades going off at bid for each period of time.
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Pressure Delta
This indicator is related to the other two "Pressure" indicators above. It can oscillate between -1 and 1 - and shows whether the trades at bid or trades at ask are more prevalent in the trades for the period.

QuoteTracker

Posting a request three times and opening three threads on every bulletin board will only serve to alienate you from potentially helpful members. I suggest you and many others before you try using the magic word 'google'. I found the above in 30 seconds.

Good trading.

Many thanks, T333/Rols - thats precisely what I was after!

I wasn't exactly sure what keywords to use, and 'thermograph' brought up strange results.

Apologies for posting the same question more than once - I didn't know what forum to put it in.

Best regards.

QuoteTracker is no longer supported. Are there any other software packages that display/indicate price pressure?