Single Print At Extreme

From: $9.99 / month

Highlight price levels exhibiting minimal supply or demand

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Price moves because of supply and demand. When we have reached a price level where no one is willing to buy, price will stop moving up and when we have reached a price level where no one is willing to sell, price will stop moving down. Markets are about facilitating trade – discovering prices where buying and selling can occur, so if no one is willing to buy and prices stop moving up, then they will go down until a price is discovered where buyers are willing to buy. When there are less than 10 contracts bought from the ask price at the top of a price bar or sold into the bid price at the bottom of a price bar, we describe this as a Single Print at Extreme condition, i.e. there is a lack of supply or demand.

The volume traded in the market shows us very clearly the willingness of buyers to buy and sellers to sell from the number of contracts traded at a given price. When the volume traded by buyers at the top of a bar is small, it is clear that we are running out of buyers and when the volume traded by sellers at the bottom of a bar is low, we are running out of sellers.

When using Numbers Bars, you can see the exact volume traded by buyers and sellers at the extreme of each bar. We are watching for low numbers. To make it easy to spot these low demand and supply scenarios, the Single Print At Extreme indicator allows you to highlight low buying volume at the top of an up bar and low selling volume at the bottom of a down bar.

For traders that prefer to use bar or candlestick charts, this indicator is particularly useful as it highlights these low demand and supply situations that would otherwise not be visible with these chart types.

Single Print At Extreme may be licensed for Sierra Chart on a Lifetime, 1-month or 3-month basis, or as part of the complete Emoji Trading Order Flow Suite. Licences include all indicator updates and enhancements during the license period.


Input Name Description
EmojiZone Mode Please refer to this link for EmojiZone documentation.
Select whether the EmojiZone is set to: Disabled, Fixed Projection, Extend Until Future Intersection or Dynamic Support/Resistance Display.
EmojiZone Fixed Projection Distance Specifies the number of bars from the current bar that a Fixed Projection EmojiZone will be drawn.
EmojiZone Extension Line Label Specifies the line label (can be left blank) for an Extend Until Future Intersection EmojiZone line.
EmojiZone Dynamic Break Threshold When using a Dynamic Support/Resistance Display EmojiZone, this input sets the number of ticks by which the zone can be breached without it being regarded as having broken.
EmojiZone Dynamic Evaluation Levels If set to 0, every current EmojiZone is evaluated at each study calculation. To reduce processing time, a non-zero value will limit calculation to the nearest n EmojiZones to the current price where n is the value entered in this setting.

Use the Color, Width/Size and Transparency Level for Fill Styles inputs to customise the appearance of this indicator’s EmojiZones. Please refer to this link for the EmojiZone documentation.

Subgraph ID Subgraph Description
SG1 Single Print at Extreme Price Use the Auto-Colouring based on +/- color settings to control the Extension Line colors used for single prints at the bid and ask price levels respectively.
SG2 Single Bid Print at Extreme Drawing Top Use in conjunction with SG3 to highlight a Single Print on the bid for the bar’s lowest price. Follow this link for the Sierra Chart Notes about Top and Bottom Draw Style Pairs.
SG3 Single Bid Print at Extreme Drawing Bottom Use in conjunction with SG2 to highlight a Single Print on the bid for the bar’s lowest price. Follow this link for the Sierra Chart Notes about Top and Bottom Draw Style Pairs.
SG4 Single Ask Print at Extreme Drawing Top Use in conjunction with SG5 to highlight a Single Print on the ask for the bar’s highest price. Follow this link for the Sierra Chart Notes about Top and Bottom Draw Style Pairs.
SG5 Single Ask Print at Extreme Drawing Bottom Use in conjunction with SG4 to highlight a Single Print on the ask for the bar’s highest price. Follow this link for the Sierra Chart Notes about Top and Bottom Draw Style Pairs
SG6 Single Print At Extreme Condition Evaluates to -1 when there is a single ask print at the top of an up bar, 1 when there is a single bid print at the bottom of a down bar, 0 otherwise.
SG7EmojiZone Properties