458
edits
No edit summary |
|||
(5 intermediate revisions by 2 users not shown) | |||
Line 14: | Line 14: | ||
# Select the '''Settings''' tab. | # Select the '''Settings''' tab. | ||
# Select the '''Resolution''' your chart will be based on. It allows you to choose which type of data (for more details see [[Tick, Minute and Daily Data]]) and what detailed resolution will be used for building the bars. | # Select the '''Resolution''' your chart will be based on. It allows you to choose which type of data (for more details see [[Tick, Minute and Daily Data]]) and what detailed resolution will be used for building the bars. | ||
# Enable '''Show Delta''' section and choose '''Volume Delta''' from the '''Delta Type''' dropdown list. | |||
# Select '''Breakdown by''': | |||
#* '''Up Ticks vs Down Ticks''' method: | |||
#** If the current tick price is higher than the previous tick price, the volume of the current tick goes to BUY volume. | |||
#** If the current tick price is lower than the previous tick price, the volume of the current tick goes to SELL volume. | |||
* '''Up Ticks vs Down Ticks''' method: | #** If the current tick price is the same as the previous tick price, the volume is recorded either to BUY or to SELL volume depending on what was the last recorded volume.<br><div style="background-color: #E5F6FF;">'''Example''': If a new tick comes with higher than previous price and volume is recorded as BUY volume, and then another tick comes with the same as previous price, the volume is recorded also to BUY volume.</div> | ||
** If the current tick price is higher than the previous tick price, the volume of the current tick goes to BUY volume. | #** If a tick is first one in the series, its volume goes to BUY volume. | ||
** If the current tick price is lower than the previous tick price, the volume of the current tick goes to SELL volume. | #* '''Ask Traded vs Bid Traded''' method: | ||
** If the current tick price is the same as the previous tick price, the volume is recorded either to BUY or to SELL volume depending on what was the last recorded volume.<br><div style="background-color: #E5F6FF;">'''Example''': If a new tick comes with higher than previous price and volume is recorded as BUY volume, and then another tick comes with the same as previous price, the volume is recorded also to BUY volume.</div> | #** If the current tick price is higher or equals current ASK tick price, the volume of the current tick goes to BUY volume. | ||
** If a tick is first one in the series, its volume goes to BUY volume. | #** If the current tick price is lower or equals current BID tick price, the volume of the current tick goes to SELL volume. | ||
* '''Ask Traded vs Bid Traded''' method: | #** If the current tick price is between ASK and BID prices, than the volume is recorded either to BUY or to SELL volume depending on what was the last recorded volume.<br><div style="background-color: #E5F6FF;">'''Example''': If a new tick comes with a price higher or equals current ASK tick price and its volume is recorded as BUY volume, and then another tick comes with a price that is between ASK and BID prices, the volume is recorded also to BUY volume.</div> | ||
** If the current tick price is higher or equals current ASK tick price, the volume of the current tick goes to BUY volume. | # Select '''Build from''' to choose which type of data shall be utilized to build Volume Delta: | ||
** If the current tick price is lower or equals current BID tick price, the volume of the current tick goes to SELL volume. | #*If '''Ticks''' is selected: | ||
** If the current tick price is between ASK and BID prices, than the volume is recorded either to BUY or to SELL volume depending on what was the last recorded volume.<br><div style="background-color: #E5F6FF;">'''Example''': If a new tick comes with a price higher or equals current ASK tick price and its volume is recorded as BUY volume, and then another tick comes with a price that is between ASK and BID prices, the volume is recorded also to BUY volume.</div> | #*:- For '''Breakdown by''' = '''Ask Traded vs Bid Traded''' MultiCharts will request '''historical tick ask''' and '''bid''' data from the data source for the selected data range irrespective of the chart resolution to build Volume Delta chart. | ||
#*:- For '''Breakdown by''' = '''Up Ticks vs Down Ticks''' MultiCharts will request '''historical tick trade''' data from the data source for the selected data range irrespective of the chart resolution to build Volume Delta chart. | |||
* If '''Ticks''' is selected: | #*'''Minutes''' option is available if the basic resolution in chart settings is higher than one minute. | ||
#*:- If '''Minutes''' is selected, MultiCharts will request '''historical minute trade''' data from the data source for the for the selected data range irrespective of the chart resolution to build Volume Delta chart. | |||
#*'''Days''' option is available if the basic resolution in chart settings is higher than one day. <div style="background-color: #E3FBE5;">'''Note''': '''Minutes''' and '''Days''' options are not available if '''Breakdown by''' = '''Ask Traded vs Bid Traded'''.</div> | |||
* '''Minutes''' option is available if the basic resolution in chart settings is | # Click '''OK''' to create a chart. | ||
If '''Minutes''' is selected, MultiCharts will request '''historical minute trade''' data from the data source for the | |||
* '''Days''' option is available if the basic resolution in chart settings is | |||
<div style="background-color: #E3FBE5;">'''Note''': '''Minutes''' and '''Days''' options are not available if '''Breakdown by''' = '''Ask Traded vs Bid Traded'''.</div> | |||
<div style="background-color: #E3FBE5;">'''Note''': [[Custom Futures]] are supported on Volume Delta chart type since MultiCharts 11.</div> | <div style="background-color: #E3FBE5;">'''Note''': [[Custom Futures]] are supported on Volume Delta chart type since MultiCharts 11.</div> | ||
Line 51: | Line 47: | ||
#* '''Profile''' | #* '''Profile''' | ||
#* '''[[Imbalance Delta]]''' | #* '''[[Imbalance Delta]]''' | ||
#* '''Invisible bars''' | |||
# In the '''Chart Style''' section click on the component element to be changed. | # In the '''Chart Style''' section click on the component element to be changed. | ||
# In the '''Color''' column select one of the standard 40 colors from the palette box, or click the '''Other''' button to create custom colors. | # In the '''Color''' column select one of the standard 40 colors from the palette box, or click the '''Other''' button to create custom colors. | ||
# From the '''Width''' list select a width of the component. | # From the '''Width''' list select a width of the component. | ||
# To apply the most recently selected component's style to all components, click the '''Apply to All Components''' button. | # To apply the most recently selected component's style to all components, click the '''Apply to All Components''' button. | ||
# In the '''Advanced''' section the following options are available: | # In the '''Advanced''' section the following options are available: | ||
#* To hide BUY and SELL volume values check the '''Color Only''' box. | #* To hide BUY and SELL volume values check the '''Color Only''' box. | ||
Line 67: | Line 63: | ||
#* '''Show Prices as Open to Close Boxes''' — this option highlights the prices within the Open/Close interval of the bar. The color of Up Box and Down Box can be set in the '''Chart Style''' section. | #* '''Show Prices as Open to Close Boxes''' — this option highlights the prices within the Open/Close interval of the bar. The color of Up Box and Down Box can be set in the '''Chart Style''' section. | ||
#* Check '''Displayed as a Percentage''' to see BUY and SELL volume in %. Available only for '''Total Volume''' and '''Delta (Ask – Bid Volume)''' options selected from the '''Show volume as''' dropdown list. | #* Check '''Displayed as a Percentage''' to see BUY and SELL volume in %. Available only for '''Total Volume''' and '''Delta (Ask – Bid Volume)''' options selected from the '''Show volume as''' dropdown list. | ||
#* '''Show Invisible Price Levels''' — works for non-standard chart types. | #* '''Show Invisible Price Levels''' — displays the price levels that were outside of the Open/Close interval. This option works for non-standard chart types. | ||
# Select '''Show Volume as''': | # Select '''Show Volume as''': | ||
#* '''Bid x Ask Volume'''<br><div style="background-color: #E5F6FF;">'''Example''': '''0x56''', where '''0''' is SELL volume and '''56''' is BUY volume. </div> | #* '''Bid x Ask Volume'''<br><div style="background-color: #E5F6FF;">'''Example''': '''0x56''', where '''0''' is SELL volume and '''56''' is BUY volume. </div> | ||
Line 74: | Line 70: | ||
#:* If '''Total Volume''' and '''Displayed as a percentage''' are selected, the whole bar represents 100% of used volume, each part of the bar represents a particular % of used volume respectively. | #:* If '''Total Volume''' and '''Displayed as a percentage''' are selected, the whole bar represents 100% of used volume, each part of the bar represents a particular % of used volume respectively. | ||
#:* If '''Delta (Ask – Bid Volume)''' is selected and '''Displayed as a percentage''' is checked, then a higher value between BUY and SELL volume of a particular box is taken, then it is multiplied by 100 and divided by total volume of this box.<br><div style="background-color: #E5F6FF;">'''Example''': BUY volume = 180, SELL volume = 30. The percentage of the box is calculated this way: (180 x 100) / (180 + 30) = 85,71%. Note that for '''Delta (Ask – Bid Volume)''' the percentage is shown for each box individually, not for the whole bar.</div> | #:* If '''Delta (Ask – Bid Volume)''' is selected and '''Displayed as a percentage''' is checked, then a higher value between BUY and SELL volume of a particular box is taken, then it is multiplied by 100 and divided by total volume of this box.<br><div style="background-color: #E5F6FF;">'''Example''': BUY volume = 180, SELL volume = 30. The percentage of the box is calculated this way: (180 x 100) / (180 + 30) = 85,71%. Note that for '''Delta (Ask – Bid Volume)''' the percentage is shown for each box individually, not for the whole bar.</div> | ||
# To use these style settings for all new charts of this type, select '''Use as Default''' check box. | |||
===Auto Trading Orders on Volume Delta Chart Type=== | ===Auto Trading Orders on Volume Delta Chart Type=== |