Cumulative Delta: Difference between revisions
From MultiCharts
→Selecting Cumulative Delta Chart Type
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# Select '''Cumulative Delta''' from the '''Chart Type''' list. | # Select '''Cumulative Delta''' from the '''Chart Type''' list. | ||
# Select '''Resolution''' for your chart to 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 '''Resolution''' for your chart to 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 ''' | # Select '''Base Bars on''': | ||
#* '''Ask Traded vs Bid Traded''' method | #* '''Ask Traded vs Bid Traded''' 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 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. | #:* If the current tick price is lower than the previous tick price, the volume of the current tick goes to SELL volume. | ||
#:* 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 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 a tick is first one in the series, its volume goes to BUY volume. | #:* If a tick is first one in the series, its volume goes to BUY volume. | ||
#* '''Up Ticks vs Down Ticks''' method | #* '''Up Ticks vs Down Ticks''' method: | ||
#:* If the current tick price is higher or equals current ASK tick price, the volume of the current tick goes to BUY volume. | #:* If the current tick price is higher or equals current ASK tick price, the volume of the current tick 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. | #:* If the current tick price is lower or equals current BID tick price, the volume of the current tick goes to SELL volume. |