Cluster Search

Searches the cells of the cluster for values of the indicated type. Found values within the cluster can serve as a reference point in market analysis, act as levels, and also serve as signals for entering a position.

When the Cluster Search indicator finds a value with the indicated parameters, it highlights it and marks it with a shape. The indicator has customizable filters for a more precise search for the required values.

Indicator view on a candlestick chart:

Indicator view on a cluster chart:

Indicator settings

Parameters

Name

Description

Type

Selecting the type of the required values in the cluster cells.

Minimum

Indicating the minimum value of the specified type to search.

Maximum

Indicating the maximum value of the specified type to search.

Signal

Possibility of setting a sound alert when the indicator finds values of a given type.

Style

Name

Description

Highlight color

Selecting the color for highlighting the values found by the indicator.

Object color

Selecting the color of the shape that the indicator uses to mark the found values.

Shape type

Selecting a shape type, or disabling it.

Min. size

Indicates the minimum size for the shape.

Max. size

Indicates the maximum size for the shape.

Filters

Name

Description

Merging bars

Combining values in cells with the same price in adjacent clusters (the current cluster and clusters on the left) to obtain the desired value of the specified type.Spoiler: Example

Merging prices

Merging values in neighboring cells of the cluster (the current cell and the cells below it) to obtain the desired value of the specified type. Spoiler: Example

Min. value

Indicating the minimum value that the indicator will take into account when merging bars and prices.Spoiler: Example when merging prices

Min. delta

Indicating the minimum delta value in a cell when searching for values of a given type.

Overweight BidAsk

Indicating the minimum overweight BidAsk in a cell when searching for values of a given type.

This filter is indicated as a percentage. To search for an overweight of Ask over Bid, positive values are indicated; to search for an overweight of Bid over Ask - negative ones are indicated.Spoiler: Example

Range from High

Indicating the range in points from the high of the cluster, in which the indicator will search for values of the specified type.

Range from Low

Indicating the range in points from the low cluster, in which the indicator will search for values of the specified type.

Min. average trade

Indicating the minimum value of the average trade in a cell when searching for values of a given type.

Any value in a cluster cell is formed from transactions of small and large market participants. Indicating the average trade of a cell helps to identify a large market participant. The larger the average trade of a cell, the more likely that it was formed due to large volumes. Average trade is calculated using the formula Volume (total volume of all transactions) / Trades (number of transactions).Spoiler: Example

Max. average trade

Indicating the maximum value of the average trade in a cell when searching for values of a given type.

Bar direction

Selecting the cluster direction, which the indicator will take into account when searching for values of a given type.

Price location

Selecting the location of a cell with a value of a given type within the cluster, which the indicator will take into account when searching.

One selection in a bar

Selecting the one largest value of a given type within a cluster among those found.

Time filter

Name

Description

Enable filter

Enable time filter

Start time

Setting the time from which the search for values of the specified type starts.

End time

Setting the time at which the search for values of the specified type ends.

Indicator

Name

Description

Indicator

Enabling or disabling the indicator display on the chart.

Name

Enabling or disabling the indicator name display in the information line.

Area

Selection of an area to display the indicator.


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