The Cluster Search threshold is usually picked by guesswork: either there are too many marks or none at all, and you start over on every instrument.
Tell the agent how many marks you want. It picks a threshold from your data and checks it day by day.
Add the Cluster Search indicator to my BTCUSDT 5m chart and pick a threshold so it marks roughly the five to ten largest clusters per day. Check the result against the numbers and test this threshold over the last week. Tell me which settings you used, why, and how many marks there were each day.
You can tune other indicators the same way: say what you want to see and ask for a check against the numbers.
What happens
The agent adds the indicator, reads its values, picks a threshold and checks it day by day.
Add the Cluster Search indicator to my BTCUSDT 5m chart and pick a threshold so it marks roughly the five to ten largest clusters per day. Check the result against the numbers and test this threshold over the last week. Tell me which settings you used, why, and how many marks there were each day.
Added Cluster Search to BTCUSDT Binance Futures, 5m. I kept the threshold at 360 volume units: over the last full day it gave 8 marks. For comparison, a threshold of 340 gave 13, and 400 gave only 4.
Settings:
- Calculation: Volume, auto filter off.
- Minimum volume: 360, upper limit off.
- Grouping: 1 bar × 1 price level.
- Several marks in one candle are allowed; direction and time filters are off.
- Display: purple ellipses, calculation history: 20 days.
I checked the indicator's actual marks against the numbers over seven completed days, with day boundaries in UTC:
| Date | Marks |
|---|---|
| Oct 29 | 15 |
| Oct 30 | 4 |
| Oct 31 | 0 |
| Nov 1 | 0 |
| Nov 2 | 1 |
| Nov 3 | 3 |
| Nov 4 | 8 |
| Total | 31 |
The marked volumes for Nov 4 are 381, 382, 388, 398, 434, 442, 477 and 582.
The threshold fits the last full day, but the week did not confirm it holds up: the average is 4.4 marks per day, with a spread of 0-15. With activity changing this much, a fixed threshold does not give 5-10 every day. Today's incomplete day is not in the table.
The marks on the chart look like purple rectangles:
What you need
- A connection to a crypto exchange with footprint data