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Cumulative Delta

5,820 bytes added, 20:51, 22 October 2012
Created page with "===Understanding Cumulative Delta Chart Type=== ??? ===Selecting Cumulative Delta Chart Type=== # Open the '''Format Instrument''' window by one of the following methods: ..."
===Understanding Cumulative Delta Chart Type===

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===Selecting Cumulative Delta Chart Type===

# Open the '''Format Instrument''' window by one of the following methods:
#:* Click the '''New Chart Window''' http://www.multicharts.com/img/wiki/toolbar/05_Create_New_Chart_Window.png icon on the Main toolbar; or:
#:* Use the '''Insert''' key on the keyboard; or:
#:* In the main menu select '''File''', then point to '''New''' and click '''New Chart Window'''.
# Select the '''Instrument''' tab.
# Select a data feed from the '''Data Source''' list.
# Select a symbol from the list of available symbols in '''All Symbols''' tab, or use the category tabs to list 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 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 '''Breakdown by''':
#* '''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 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 a tick is first one in the series, its volume goes to BUY volume.
#* '''Up Ticks vs Down Ticks''' method logic:
#:* 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, 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>
# Check '''Break on Session''' if you want to see the session breaks (not available for daily-based resolutions).
# Double-click the symbol, or click '''OK''', to create a chart.
<div style="background-color: #E3FBE5;">'''Note''': [[Custom Futures]] are supported on Cumulative Delta chart type.</div>

===Settings Cumulative Delta Chart Style (Open, High/Low, Close, Up, Wick, Down)===

# Open the '''Format Instrument''' window by one of the following methods:
#* Click the Format Instrument icon on the Chart Analysis toolbar; if the '''Format Objects''' window appears, select the symbol and click the '''Format''' button; or:
#* Position the mouse pointer over the symbol's data series; double-click once the '''Pointer''' http://www.multicharts.com/img/wiki/cursors/Pointer.gif changes into a '''Hand''' http://www.multicharts.com/img/wiki/cursors/Hand.gif; or:
#* Position the mouse pointer over the symbol's data series; once the '''Pointer''' http://www.multicharts.com/img/wiki/cursors/Pointer.gif changes into a '''Hand''' http://www.multicharts.com/img/wiki/cursors/Hand.gif, right-click and then click '''Format''' 'Symbol Name'; or:
#* Right-click on an empty area of the chart and then click '''Format Instrument'''; if the '''Format Objects''' window appears, select the symbol and click the '''Format''' button; or:
#* Select '''Format''' in the main menu and click '''Instrument'''; if the '''Format Objects''' window appears, select the symbol and click the '''Format''' button.
# Select the '''Style''' tab.
# Select one of the 2 available chart types:
#* ‘‘‘OHLC Bar’’’
#* '''Candlestick'''
#* '''Histogram'''
# 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.
# From the '''Width''' list select a width of the body border and the wick.
# To apply the most recently selected component's style to all components, click the '''Apply to All Components''' button.
# To display the Last Price Marker select the '''Last Price Marker''' check box, or clear the box to hide the marker; the color of the marker is the same as the color of the Down component.
# To use these style settings for all new charts of this type, select '''Use as Default''' check box.

===Auto Trading Orders on Cumulative Delta Chart Type===

There is no difference between Regular and Cumulative Delta chart types with regards to order generation in backtesting.

====Backtesting and Data Playback====

There is no difference between order generation on Regular and Cumulative Delta chart types with regards to Backtesting and Data Playback.

====Real-Time Simulation====

There is no difference between order generation on Regular and Cumulative Delta chart types with regards to real-time order simulation.

====Auto Trading====

Auto trading is not allowed on this chart type.

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