Volume Delta: Difference between revisions
From MultiCharts
→Selecting Volume Delta Chart Type
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# Select '''Volume Delta''' from the '''Chart Type''' list. | # Select '''Volume 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 logic: | #* '''Ask Traded vs Bid Traded''' method logic: | ||
#:* 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. | ||
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#:* 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. | ||
#:* 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 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> | ||
# Select '''Show 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> | ||
#* '''Total Volume'''<br><div style="background-color: #E5F6FF;">'''Example''': '''56''' is the sum of BUY + SELL volume.</div> | #* '''Total Volume'''<br><div style="background-color: #E5F6FF;">'''Example''': '''56''' is the sum of BUY + SELL volume.</div> |