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Candle volume filters: five tiers inside each candle

A candle shows where price opened, closed and traveled. It does not show where the volume traded. The candle volume filters open the candle up: they mark the prices inside it where aggressive volume was significant, without a full footprint chart.

Candle volume filter boxes beside GC candles
Candle volume filter boxes beside GC candles

Turn the layer on or off with VOL on the toolbar.

What you see

  • A small box beside the candle for each marked price.
  • Buy volume boxes sit on the right of the candle. Sell volume boxes sit on the left.
  • A thin connector line joins each box to its price.
  • The volume in lots is printed in the box.
  • A candle shows only a few marks, so the chart stays readable.

The five tiers

The box color tells you the size tier. These are the GC defaults:

TierColorGC default (lots)
Tier 1Gold70
Tier 2Blue100
Tier 3Dark orange200
Tier 4Red300
Tier 5Magenta400

Tier 4 and tier 5 boxes have a thicker border, so the largest volume stands out.

Note: Use Instrument Preset Volume Tiers is off by default, so the five Tier Minimum Volume values in group 03 are used. Turn it on to let your instrument preset supply the tiers. For display only, you can also set the tier sizes in the FILTERS window. A value of 0 there keeps the tier value from the settings.

How to read it

  • Strong tiers at the top of an up move show where buyers were most active inside the candle. Strong tiers at the bottom of a down move show the same for sellers.
  • Heavy buy volume at the high of a candle that then closes lower is worth noting. Aggressive buyers traded there, but price did not hold. Compare with delta and with the levels nearby.
  • Large boxes at a level you watch show where the fight happened at that level.
  • Read the filters with Delta: delta gives the candle's net result, the filters show where inside the candle the volume was.

Alerts

You can get a sound when a live candle prints volume in the strongest tiers. This alert is off by default. See Alerts.

Settings

SettingGroupDefault
Candle volume filter marks00 Chart ViewOn
Show Candle Volume Filters03 Candle Volume FiltersOn
Volume Filter Mode03 Candle Volume Filters0 Dominant Side
Use Instrument Preset Volume Tiers03 Candle Volume FiltersOff
Tier 1 to Tier 5 Minimum Volume03 Candle Volume Filters70, 100, 200, 300, 400
Show Volume Numbers03 Candle Volume FiltersOn
Enable Realtime Volume Alerts03 Candle Volume FiltersOff
Alert From Tier03 Candle Volume Filters4
Alert Rearm Seconds03 Candle Volume Filters10
Tier 1 to Tier 5 Color03 Candle Volume FiltersGold, Dodger blue, Dark orange, Red, Magenta

Education only. Not financial advice. Trading futures and CFDs carries a high risk of loss.