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Volume Delta

2 bytes added, 12:10, 10 August 2022
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#** 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 '''Build from''' to choose which type of data shall be utilized to build Volume Delta:
#*If '''Ticks''' is selected — in case :#*:- For '''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 selected data range, no matter what irrespective of the chart resolution is selected in chart settings, to build Volume Delta chart. In case #*:- For '''Breakdown by''' = '''Up Ticks vs Down Ticks''', MultiCharts will request '''historical tick trade''' data from the data source for the specified in chart settings selected data range, no matter what irrespective of the chart resolution is selected in chart settings, to build Volume Delta chart.#*'''Minutes''' option is available if the basic resolution in chart settings is more higher than one minute. #*:- If '''Minutes''' is selected, MultiCharts will request '''historical minute trade''' data from the data source for the specified in chart settings for the selected data range, no matter what irrespective of the chart resolution is selected in chart settings, to build Volume Delta chart.#*'''Days''' option is available if the basic resolution in chart settings is more higher 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>
# 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>
#* '''Profile'''
#* '''[[Imbalance Delta]]'''
#* '''Invisible bars'''
# 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 component.
# To apply the most recently selected component's style to all components, click the '''Apply to All Components''' button.
# To use these style settings for all new charts of this type, select '''Use as Default''' check box.
# In the '''Advanced''' section the following options are available:
#* To hide BUY and SELL volume values check the '''Color Only''' box.
#* '''Show Prices as Open to Close Boxes''' — this option highlights the prices within the Open/Close interval of the bar. The color of Up Box and Down Box can be set in the '''Chart Style''' section.
#* Check '''Displayed as a Percentage''' to see BUY and SELL volume in %. Available only for '''Total Volume''' and '''Delta (Ask – Bid Volume)''' options selected from the '''Show volume as''' dropdown list.
#* '''Show Invisible Price Levels''' — displays the price levels that were outside of the Open/Close interval. This option works for non-standard chart types.
# 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>
#:* If '''Total Volume''' and '''Displayed as a percentage''' are selected, the whole bar represents 100% of used volume, each part of the bar represents a particular % of used volume respectively.
#:* If '''Delta (Ask – Bid Volume)''' is selected and '''Displayed as a percentage''' is checked, then a higher value between BUY and SELL volume of a particular box is taken, then it is multiplied by 100 and divided by total volume of this box.<br><div style="background-color: #E5F6FF;">'''Example''': BUY volume = 180, SELL volume = 30. The percentage of the box is calculated this way: (180 x 100) / (180 + 30) = 85,71%. Note that for '''Delta (Ask – Bid Volume)''' the percentage is shown for each box individually, not for the whole bar.</div>
# To use these style settings for all new charts of this type, select '''Use as Default''' check box.
===Auto Trading Orders on Volume Delta Chart Type===