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Cumulative Delta

536 bytes added, 15:39, 22 October 2019
[[File:CDChart2.png|right|Cumulative Delta Chart]] Cumulative Delta is the algebraic sum of the single delta volume values. In comparison to [[Volume Delta]], Cumulative Delta is not based on regular bars. When the Cumulative Delta chart type is used, the price scale of the chart is transformed into volume scale and the formed bars represent not volume within regular price bars, but accumulated delta (buy - sell) of the volume per specified resolution. It can be used for analysis only. Trading directly from this chart type is not supported.
===Selecting Cumulative Delta Chart TypeOption === 
# Open the '''Format Instrument''' window by one of the following methods:
#:* Click the '''New Chart Window''' [[File:New_Chart.png]] icon on the Main toolbar; or:
# Select the '''Instrument''' tab.
# Select a data feed from the '''Data Source''' list.
# Select a symbol from the list of available symbols in '''All SymbolsInstruments''' tab, or use the category '''Category''' tabs to list show only a particular category of symbols; the list can be sorted by any column, in ascending or descending order, by clicking on the column header. If you can’t find a symbol, see [[Operating Symbol List#Adding Symbol(s) to Symbol List|Adding Symbol(s) to Symbol List]] section.
# Select the '''Settings''' tab.
# Select '''Cumulative Delta''' from the '''Chart Type''' list.# Select '''Resolution''' for your chart to 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 ''' Cumulative 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 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.
#: <div style="background-color: #E3FBE5;">'''Note''': When you plot Cumulative Delta chart, take into account that it doesn't matter what resolution is selected, additionally MultiCharts will request '''historical tick trade''' data from your data source for the specified in chart settings data range, if '''Up Ticks vs Down Ticks''' is selected. </div>
#* '''Ask Traded vs Bid Traded''' 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 lower or equals current BID tick price, the volume of the current tick goes to SELL volume.
#** If the current tick price is between ASK and BID prices, then 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>#: <div style="background-color: #E3FBE5;">Select '''NoteBuild from''': When you plot to choose which type of data shall be utilized to build Cumulative Delta chart, take into account that it doesn:#*If '''Ticks'''t matter what resolution is selected:#*:- In case '''Breakdown by''' = '''Ask Traded vs Bid Traded''', additionally MultiCharts will request '''historical tick ask''' and '''bid''' data from your the data source for the specified in chart settings data range, if no matter what resolution is selected in chart settings, to build Cumulative Delta chart.#*:- In case '''Breakdown by''' = '''Ask Traded Up Ticks vs Bid TradedDown Ticks''', MultiCharts will request '''historical tick trade''' data from the data source for the specified in chart settings data range, no matter what resolution is selectedin chart settings, to build Cumulative Delta chart. </div># Check *'''Break on SessionMinutes''' option is available if you want the basic resolution in chart settings is more than one minute.#*:- If '''Minutes''' is selected, MultiCharts will request '''historical minute trade''' data from the data source for the specified in chart settings data range, no matter what resolution is selected in chart settings, to see build Cumulative Delta chart.#*'''Days''' option is available if the session breaks (basic resolution in chart settings is more than one day. <div style="background-color: #E3FBE5;">'''Note''': '''Minutes''' and '''Days''' options are not available for daily-based resolutions)if '''Breakdown by''' = '''Ask Traded vs Bid Traded'''.</div># Double-click the symbol, or click Click '''OK''', to create a chart.<div style="background-color: #E3FBE5;">'''Note''': [[Custom Futures]] are not supported on Cumulative Delta chart typesince MultiCharts 11.</div>
===Settings Cumulative Delta Chart Style (Open, High/Low, Close, Up, Wick, Down)===

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