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Cumulative Delta Price Volume

  • #21
  • Feb 18, 2023 3:12pm Feb 18, 2023 3:12pm
Quoting W0lfram
{quote} Nevermind she jumps from thread to thread with the same theme and attitude now ran away to her thread to seek suppor... ryry, I'm 100% sure that this indi (link in first post https://www.mql5.com/en/market/produ...al#description) uses the same principle as your you made on TradingView and selling on one of the platforms https://www.forexfactory.com/thread/...5#post14288765 Go hide, scammer.
This trading individual seems to have serious trust issues, I've seen some of you dealt with him before. Just ignore him, I will answer his silly questions if asked nicely. I checked even without me disliking his posts in this thread, the results are 2 likes and 13 dislikes. I guess that says everything. Cheers gentlemen, enjoy your Saturday night
  • #22
  • Feb 18, 2023 4:21pm Feb 18, 2023 4:21pm
Quoting Lekkim
{quote} This trading individual seems to have serious trust issues, I've seen some of you dealt with him before. Just ignore him, I will answer his silly questions if asked nicely. I checked even without me disliking his posts in this thread, the results are 2 likes and 13 dislikes. I guess that says everything. Cheers gentlemen, enjoy your Saturday night
I can see that @ryuryu has called out your approach but doesn't appear to have explained "why", clearly enough, IMHO. You state that the indicator is based on Cumulative Delta and for this to be possible, you need a volume feed that allows you to deduce Delta volume. Unless you are using futures price data/volume, it's simply not possible to deduce Delta volume from "normal" MT4/5 tick data/volume. Tick data doesn't know or show the number of contracts bought or sold at any price point. All tick data shows is where price has traded but not how many buys/sells were transacted at each price point. That information can only come from an Exchange.

So, whether the indicator/strategy works or not, at best, it can only be trying to "deduce" an approximation of buying and selling. Delta volume is really the difference between buying and selling at any price point. You need this information before you can average it into Cumulative Delta. Some Cumulative Delta indicators on MT4/5 will analyse the M1 timeframe and effectively assume that a bullish candle close is buying and a bearish candle close is all selling. Then, that information is calculated across the other timeframes to give a pseudo-assessment of buying/selling ie., faux-Delta volume. However, unless you are trading real price data from an exchange, there is no way that an indicator can provide accurate Delta volume and therefore, not Cumulative Delta either.

Hopefully, that explains the reaction you received.

Cheers.
  • #23
  • Feb 18, 2023 4:38pm Feb 18, 2023 4:38pm
Quoting Geester
{quote} I can see that @ryuryu has called out your approach but doesn't appear to have explained "why", clearly enough, IMHO. You state that the indicator is based on Cumulative Delta and for this to be possible, you need a volume feed that allows you to deduce Delta volume. Unless you are using futures price data/volume, it's simply not possible to deduce Delta volume from "normal" MT4/5 tick data/volume. Tick data doesn't know or show the number of contracts bought or sold at any price point. All tick data shows is where price has traded but not...
Appreciate your detailed post. It's the closets thing you come to cumulative volume delta IMO. There is no such thing as exactly trade data of metatrader retail clients.

Tick data is the closest you will come. I've tested many platforms and trading software's as well as CME options and futures data and Bloomberg advanced.
Just download it and give it a try, then you might understand me more. I've looked at this exact template for 3 years, optimizing, analyzing how to use it profitably. This whole thing is advanced AF, even for me with so much experience. I'm just saying, load the template and follow trade instructions, then you might also be able to understand it better and answer some of my uncertainties.

But again, when red price moves way away from green volume it's a good trading opportunity. Call it tick volume call it garbage, this is what I most believe in throughout testing about 1.000 indicators and strategies for 15 years. I love constructive criticism like you give, because it forces me to think it all through. Never the less I'm just here sharing what I believe to be most profitable, what ever happens my intentions are clean and good. I want to succeed and make a living just like you. Let's see how next week goes where I will be trading live here in thread and on live verified myfxbook account. Also looking forward to feedback from other traders. Cheers
  • #24
  • Feb 18, 2023 4:39pm Feb 18, 2023 4:39pm
Perfect timing just confirmed my sell on ETH/USD 30 min chart thanks and very cool system
  • #25
  • Feb 18, 2023 4:48pm Feb 18, 2023 4:48pm
Quoting Dino10
Perfect timing just confirmed my sell on ETH/USD 30 min chart thanks and very cool system
Nice to hear, Dino10! And thank you for your kind words about my system. Feel free to share your trading chart with us all.
  • #26
  • Feb 18, 2023 6:46pm Feb 18, 2023 6:46pm
Exiting week coming up. Beforehand I will be doing a complete excel spreadsheet analysis of all 28 forex pairs on all timeframes, to be able to have the overall signals and trade entries. I will of course share this with you and show you how to do it. In able to get full overview of FX market you need to analyze the data of all pairs.

Will be sharing the spreadsheet also, so you will be able to do it yourself. Also I will do comparison of 3 different MT5 brokers and overlay them for further confirmation of opportunities. You all have a blessed Sunday ahead, best wishes
  • #27
  • Edited 7:33pm Feb 18, 2023 7:22pm | Edited 7:33pm
Hi Lekkim,
When it comes to price and volume movements, to achieve accuracy, we could further analyise strength and weakness of 28 pairs in a particular timeframe, and find out a pair with strength currency against weakness currency as well as the one pair which is diverted from among pairs. What do you think and we need to code that indi? This would eliminate those bad and manipulated entries.

Edit: Sorry, I just saw your last post mentioning similar.
  • #28
  • Feb 18, 2023 7:48pm Feb 18, 2023 7:48pm
This picture I made in my first price volume thread in 2019, still relevant and makes sense. As I see it there are two outcomes of this thread:

1. I've developed a consistently profitable trading strategy and we can all profit from it.
2. I can't kill my darling and I'm in a state of delusion, if this we still might still learn something, but I personally will be ruined.

Time will tell. What's funny about me, is I tend to work much harder and concentrated when I share with fellow traders. My pride and ego is on the line, but it's the only way instead of being in your own mind state of echo chamber. I've been glued to FF for two days now and I really enjoy chat exchanges. So thanks everyone. Stay tuned and have blessed Sunday.
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  • #29
  • Feb 18, 2023 10:33pm Feb 18, 2023 10:33pm
Quoting Lekkim
This picture I made in my first price volume thread in 2019, still relevant and makes sense. As I see it there are two outcomes of this thread: 1. I've developed a consistently profitable trading strategy and we can all profit from it. 2. I can't kill my darling and I'm in a state of delusion, if this we still might still learn something, but I personally will be ruined. Time will tell. What's funny about me, is I tend to work much harder and concentrated when I share with fellow traders. My pride and ego is on the line, but it's the only way instead...
I just have one question, when I zoom in, it is not the same picture (sorry for my bad english) I mean the indication is changing? so what is the level of zoom that we should focus on, to get the right data.
  • #30
  • Edited 1:12am Feb 19, 2023 1:00am | Edited 1:12am
Quoting Geester
{quote} I can see that @ryuryu has called out your approach but doesn't appear to have explained "why", clearly enough,
Provided indicator shows anything but not cumulative volume delta. I said that indicator not calculates buys and sells because there are no data about buys and sells on forex. If candle green all "tick volume" is positive, if red it is negative. So you can use cumulative ATR and it will be the same. BTW if you don't believe me you can check post 280 on the indicator page where the author describes how it works. But in fact everyone knows what tick volume is and how it works. Except may be some "experienced" traders I guess.

I just said that this indicator is fake and the description of it is fake too.

And I said nothing about strategy bases on it. Strategy based on fake data is fake. I just wonder why trader said he has 15 years of experience in trading forex but don't know the basics.

Quoting W0lfram
{quote} Nevermind she jumps from thread to thread with the same theme and attitude now ran away to her thread to seek support... ryry, I'm 100% sure that this indi (link in first post https://www.mql5.com/en/market/produ...al#description) uses the same principle as yours you made on TradingView and selling on one of the platforms https://www.forexfactory.com/thread/...5#post14288765 Go hide, scammer.
How you can be sure if you don't have that indi and will never have it? It is not for public and you can't have it. Again lie. This thread is 100% lie. One lie about his experience, second lie in indicator description, third lie about my indicator. Nice. Have you ever tried to live at least one day without any lie?
p.s. of course my dear dumb friend, if you use indicator on fake data you will get fake results. And it doesn't matter who has created it. Is that not clear for you? Or you expect that fake tick volume data will become magically real trades data?
Observer effect
  • #31
  • Feb 19, 2023 4:07am Feb 19, 2023 4:07am
Quoting ryuryu
{quote} How you can be sure if you don't have that indi and will never have it? It is not for public and you can't have it. Again lie. This thread is 100% lie. One lie about his experience, second lie in indicator description, third lie about my indicator. Nice. Have you ever tried to live at least one day without any lie? p.s. of course my dear dumb friend, if you use indicator on fake data you will get fake results. And it doesn't matter who has created it. Is that not clear for you? Or you expect that fake tick volume data will become...
How you can be sure if you don't have that indi and will never have it?
I don't need your fake indi, thanks.

Because I know how it works, newb. Dedicated software processes data from T&S. TV/MT4 doesn't have it. No Bid, no Ask. Only volume per candle is available, if candle is bearish -> volume is negative, then script accumulating intrabar values for selected time-frame. So you have real ticks from CME
Don't try to be smarter than you are, scammer ryry.
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Air force
  • #32
  • Feb 19, 2023 4:42am Feb 19, 2023 4:42am
Quoting W0lfram
{quote} How you can be sure if you don't have that indi and will never have it? I don't need your fake indi, thanks. Because I know how it works, newb. Dedicated software processes data from T&S. TV/MT4 doesn't have it. No Bid, no Ask. Only volume per candle is available, if candle is bearish -> volume is negative, then script accumulating intrabar values for selected time-frame. So you have real ticks from CME Don't try to be smarter than you are, scammer ryry.{image}
You are digging yourself deeper and deeper in your lie.
First you show "magic" indicator for mt5. If look it has fake description and fake calculations.
Now you show CME data. Okay good, so how you are able to use MT5 indicator with CME data?
Stop that please, it is too funny to read how you try to save face and not look stupid. Keep scam people with fake indicators based of fake data.

No need your reply. I just said that "pro trader" is not a trader but scammer. And the indicator provided is scam and fake. And that forex has no volume data and no indicator can show volume, delta, cumulative or whatever. Not interested in that discussion anymore. You have already shown who you are and what is your level.
Observer effect
  • #33
  • Edited 5:16am Feb 19, 2023 4:51am | Edited 5:16am
Quoting ryuryu
{quote} You are digging yourself deeper and deeper in your lie. First you show "magic" indicator for mt5. If look it has fake description and fake calculations. Now you show CME data. Okay good, so how you are able to use MT5 indicator with CME data? Stop that please, it is too funny to read how you try to save face and not look stupid. Keep scam people with fake indicators based of fake data. No need your reply. I just said that "pro trader" is not a trader but scammer. And the indicator provided is scam and fake. And that forex has no volume data...
No, you need my reply.
You missed the point, happens when u are dumb scammer. Your indicator is no better than the one on the first page.
Dedicated software processes data from T&S. TV/MT4 doesn't have it. No Bid, no Ask. Only volume per candle is available
So you have "real ticks" from CME

If look it has fake description and fake calculations.
Just like yours. Be fair.

Okay good, so how you are able to use MT5 indicator with CME data?
Futures trading is available in MT5 and it can get volume data from CME
But any indicator that takes into account the volume/ticks/whatever of the candle and not the bid/ask works on the same principle.

Go hide, stop polluting the thread with your presence.

My apologies to Lekkim for using the thread to stick ryry's scammer's nose into his lies...
Air force
  • #34
  • Feb 19, 2023 10:36am Feb 19, 2023 10:36am
Quoting Lekkim
{quote} Appreciate your detailed post. It's the closets thing you come to cumulative volume delta IMO. There is no such thing as exactly trade data of metatrader retail clients. Tick data is the closest you will come. I've tested many platforms and trading software's as well as CME options and futures data and Bloomberg advanced. Just download it and give it a try, then you might understand me more. I've looked at this exact template for 3 years, optimizing, analyzing how to use it profitably. This whole thing is advanced AF, even for me with so...
Hey Buddy, thanks for your reply. Just want to assert that my post was in no way intended to be criticism of any kind, it was just my take on the reaction you received
  • #35
  • Edited 11:27am Feb 19, 2023 10:43am | Edited 11:27am
Quoting ryuryu
{quote} Provided indicator shows anything but not cumulative volume delta. I said that indicator not calculates buys and sells because there are no data about buys and sells on forex. If candle green all "tick volume" is positive, if red it is negative. So you can use cumulative ATR and it will be the same. BTW if you don't believe me you can check post 280 on the indicator page where the author describes how it works. But in fact everyone knows what tick volume is and how it works. Except may be some "experienced" traders I guess. I just said that...
I don't dispute anything you say from a technical perspective. I don't know whether you have some kind of history or ongoing feud with Lekkim. From my perspective, your reaction seemed somewhat aggressive and personal. I just tried to explain why you might be calling everything "fake" and "scam" by explaining the "why" in case Lekkim didn't know/realise. That's it.
  • #36
  • Feb 20, 2023 7:30am Feb 20, 2023 7:30am
Possible top on Bitcoin?

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  • #37
  • Feb 21, 2023 9:28pm Feb 21, 2023 9:28pm
Hey all I had some personal matter to take care of, which resulted in me being offline from FF in two days. I'm back now and will be online throughout the whole trading day today.
  • #38
  • Feb 22, 2023 3:21am Feb 22, 2023 3:21am
Quoting Lekkim
Hey all I had some personal matter to take care of, which resulted in me being offline from FF in two days. I'm back now and will be online throughout the whole trading day today.
I'm glad you started this topic.
I already tried the delta approach before, but unfortunately I got stuck with its further development. Now I took it up again.
  • #39
  • Feb 22, 2023 4:09am Feb 22, 2023 4:09am
Hello Lekkim, thank you for sharing this system. I've never seen anything quite like it.
Can you please help to clarify for me, how exactly a signal looks like? I am still quite confused. Exactly what do I look for to press "Buy" or "Sell"?

Thank you for your help!
  • #40
  • Feb 22, 2023 4:48am Feb 22, 2023 4:48am
there is a phenomenon where the exchange rate is forced to reverse in order to maintain equilibrium.
and after reaching a certain level, the balance is restored.


this is mainly observed on smaller time frames.
we try to indicate in advence this change with delta..
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