Hello,
Im using Volume Delta (Ask x Bid) and Volume Profile (just 1 last bar)..I think there should be the same values on every tick, but when I sum Ask and Bid, there is bigger value then in Volume Profil...how is it possible? Im using data CQG...Sorry for my beginner question and thx for all answers!
Difference between Volume Delta and Volume Profile
Difference between Volume Delta and Volume Profile
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Re: Difference between Volume Delta and Volume Profile
Hello Alex07CZ,
Please make sure your Volume Profile and Volume Delta settings are the same in Format->Instrument->Settings tab and Volume Profile tab.
1) "Breakdown by" should be set the same: Ask Traded vs Bid Traded or Up vs Down Tick.
2) In Volume Profile settings the profile can show Total Volume, while the text can show the Delta - please make sure the Text field is configured correctly for the VP components.
3) Build volume on: Trade Volume/ Tick Count.
Please make sure your Volume Profile and Volume Delta settings are the same in Format->Instrument->Settings tab and Volume Profile tab.
1) "Breakdown by" should be set the same: Ask Traded vs Bid Traded or Up vs Down Tick.
2) In Volume Profile settings the profile can show Total Volume, while the text can show the Delta - please make sure the Text field is configured correctly for the VP components.
3) Build volume on: Trade Volume/ Tick Count.