Filter Mode is a very useful and advanced setting. You can spot price levels that were traded by large lot traders, small trades and much more. Filter mode inherits the value from Filter Value. This setting allows you to apply several times of filter conditions:
Equal – Display volume that is equal to the Filter Value. Useful if you are tracking a particular quantity of volume traded.
Does Not Equal – Displays volume were the trades do not match the value of Filter Value. Useful if you do not want to see one lot trades, for example.
Less Than – Filters the volume that is lower than the specified Filter Value. Useful to see the activity of small trades.
Less Than or Equal– Expands the previous Filter Mode allowing you to include the value specified in the Filter Value.
Greater Than – Display volumes that are above the Filter Value. This is a common setting among volume profile. Allows you to spot the large traded quantities and price levels that traded heavily.
Greater Than or Equal – expands the previous Filter Mode, allowing you to include the value set on Filter Value option. Like the previous Filter Mode, this setting allows for an easy display of were large trade volume.
Filter Value
The value used to filter the column.
Reconstruct Trades for Filtering
Enable the reconstruction and consolidation of smaller trades when filtering the volume profile. Thus filtering for the reconstructed value of the trade and not the linear size of the trade.
