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Volume Delta

291 bytes removed, 14:54, 22 October 2019
# 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.
<div style="background-color: #E3FBE5;">'''Note''' that there’s a '''restriction''' for the resolution of charts that use Volume Delta option:* For '''Regular''' charts — tick and minute resolutions are available.* For '''non-regular''' charts — only 1-tick resolution. </div>:7. Enable '''Show Delta''' section and choose '''Volume Delta''' from the '''Delta Type''' dropdown list.:8. # 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.#** 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.#* '''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, 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>:9. # Select '''Build from''' to choose which type of data shall be utilized to build Volume Delta:#* If '''Ticks''' is selected: In — in case '''Breakdown by''' = '''Ask Traded vs Bid Traded''', MultiCharts will request '''historical tick ask''' and '''bid''' data from the data source for the specified in chart settings data range, no matter what resolution is selected in chart settings, to build Volume Delta chart. <br>In case '''Breakdown by''' = '''Up Ticks vs Down 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 selected in chart settings, to build Volume Delta chart.#* '''Minutes''' option is available if 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 build Volume Delta chart.#* '''Days''' option is available if the basic resolution in chart settings is more 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> :10. # Click '''OK''' to create a chart.
<div style="background-color: #E3FBE5;">'''Note''': [[Custom Futures]] are supported on Volume Delta chart type since MultiCharts 11.</div>

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