Delta Volume - Cumulative Delta Volume | Page 7 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Cumulative Delta Price Volume 618 replies

Need help to make Cumulative Volume Index indicator for MT4 70 replies

Interactive Brokers Cumulative Delta indicator suggestion 1 reply

Platform with Cumulative Delta and Real Time Volume Data 2 replies

Convert delta(EMA) -> delta(Close) 0 replies

Attachments: Delta Volume - Cumulative Delta Volume
Exit Attachments

Delta Volume - Cumulative Delta Volume

  • #121
  • Edited 6:56am May 8, 2016 6:45am | Edited 6:56am
thank u sciurus, .. I need a clarification. cud u please tell me if the code below will give an approximation of bid-ask volume when compared with ur cumulativedelta indicator on a one minute timeframe.

if (iClose(Symbol(),PERIOD_M1,i) > iClose(Symbol(),PERIOD_M1,i+1))
{
P1 = P1+(iVolume(Symbol(),PERIOD_M1,i));
}
if (iClose(Symbol(),PERIOD_M1,i) < iClose(Symbol(),PERIOD_M1,i+1))
{
P2 = P2-(iVolume(Symbol(),PERIOD_M1,i));
}

because if I use this, the computer need not be running all day long to collect the ticks...
so I need ur opinion please....
  • #122
  • Edited 10:15pm May 8, 2016 8:13pm | Edited 10:15pm
dear sciurus,

pls tell me how to get ur indicator in the chart window...I tried changing the code to "chart_ window"..but it doesn't seem to work.

and I like to get an offline chart (saved as a hst file)...pls give me directions...
  • #123
  • May 8, 2016 8:54pm May 8, 2016 8:54pm
Quoting joshychris
thank u sciurus, .. I need a clarification. cud u please tell me if the code below will give an approximation of bid-ask volume when compared with ur cumulativedelta indicator on a one minute timeframe. if (iClose(Symbol(),PERIOD_M1,i) > iClose(Symbol(),PERIOD_M1,i+1)) { P1 = P1+(iVolume(Symbol(),PERIOD_M1,i)); } if (iClose(Symbol(),PERIOD_M1,i) < iClose(Symbol(),PERIOD_M1,i+1)) { P2 = P2-(iVolume(Symbol(),PERIOD_M1,i)); } because if I use this, the computer need not be running all day long to collect the ticks... so I need ur opinion please....
The code you have shown will only work on the M1 charts. If you change the PERIOD_M1 to 0 (zero), it might work on any time frame. What you have shown is just a snippet, but from what I can see, it might give a very rough approximation. The cumulative delta indicator is a tick recorder and is looking at what is going on inside the ticks. The snippet you have show lumps all volume together over the period of one minute. If it works for you, then run with it. Maybe spend some time looking for when it fails (everything does here and there), and then if you find it hard to find, then start to look at how much potential it has :-).
  • #124
  • May 8, 2016 9:02pm May 8, 2016 9:02pm
Quoting joshychris
dear sciurus, pls tell me how to get ur indicator in the chart window...I tried changing the code to "chart_ window"..but it doesn't seem to work.
Unfortunately, that will not work. Its a question of scale. The scale on the sub-window starts at zero. The scale on the chart starts at whatever price the cross is trading at. If you wanted to display the data on the chart window, you'd need to tell the indicator to start drawing at the open of the first bar in the data series. You'd also need to standardize the volume data to the price data. The volume comes in as integers (1, 2, 3, 4, etc.) Price data come in as a double. A bit difficult to standardize, if you ask me. Maybe not impossible, but then you'd always be questioning the standardization technique instead what you were seeing in terms of the data. So I'd keep that idea out.
  • #125
  • Edited May 9, 2016 7:09pm May 8, 2016 11:48pm | Edited May 9, 2016 7:09pm
thank u very much sciurus for a very elaborate and clear answer....
  • #126
  • Edited 4:01am May 9, 2016 1:21am | Edited 4:01am
Quoting Sciurus
{quote} Unfortunately, that will not work. Its a question of scale. The scale on the sub-window starts at zero. The scale on the chart starts at whatever price the cross is trading at. If you wanted to display the data on the chart window, you'd need to tell the indicator to start drawing at the open of the first bar in the data series. You'd also need to standardize the volume data to the price data. The volume comes in as integers (1, 2, 3, 4, etc.) Price data come in as a double. A bit difficult to standardize, if you ask me. Maybe not impossible,...
when I set the "showcumulative" option to false...and change timefames , all the previously gathered data r lost...but it is not the case when I set the "showcumulative" option to true... can that be rectified...
(or)
is there any way to store the data in a file....
  • #127
  • May 9, 2016 6:51am May 9, 2016 6:51am
Quoting joshychris
{quote} when I set the "showcumulative" option to false...and change timefames , all the previously gathered data r lost...but it is not the case when I set the "showcumulative" option to true... can that be rectified... (or) is there any way to store the data in a file....
If record ticks is set to true, it should be saving the data to a file
  • #128
  • Edited 8:52am May 9, 2016 7:51am | Edited 8:52am
Quoting Sciurus
{quote} If record ticks is set to true, it should be saving the data to a file
ok thank u sciurus...but now the problem is, when I set the "showcumulative" option to false...and change timefames , all the previously gathered data r lost...but it is not the case when I set the "showcumulative" option to true... how can that be rectified...?

when the indicator is running i'm not able to change any options in the options window...it is getting reset..(all data r lost)...can something be done....
any updated versions please...

assist me please...
  • #129
  • May 9, 2016 6:59pm May 9, 2016 6:59pm
dear sciurus,

I found out the cause of the problem...it was because of running multiple instances of the same indicator...

thank u very much for ur support...
  • #130
  • May 10, 2016 4:18am May 10, 2016 4:18am
Quoting avibe
with love from mother russia enjoy {file}
Thank you for TIme and sales indicator. Do you have anymore orderflow indicators? please email to me at [email protected] . Thank you.
  • #131
  • May 10, 2016 9:27am May 10, 2016 9:27am
Quoting Sciurus
{quote} If record ticks is set to true, it should be saving the data to a file
Scurius, I find your indicator very predictive. Dyou have one for MT5? Please if you could build one I would mean alot. thank you again.
  • #132
  • May 10, 2016 10:10am May 10, 2016 10:10am
Scuirus, I have 3 charts up from 3 different brokers of the same pair in realtime and the indicators paints different pictures. They are not the same why.?
  • #133
  • May 10, 2016 8:19pm May 10, 2016 8:19pm
Quoting nicklam66
Scuirus, I have 3 charts up from 3 different brokers of the same pair in realtime and the indicators paints different pictures. They are not the same why.?
This has been discussed at various parts of the thread. Not only do different brokers have different volumes, but the also adjust their bid and ask prices independent of other brokers.
  • #134
  • May 10, 2016 8:21pm May 10, 2016 8:21pm
Quoting nicklam66
{quote} Scurius, I find your indicator very predictive. Dyou have one for MT5? Please if you could build one I would mean alot. thank you again.
No plans for MT5, sorry.
  • #135
  • Edited Jun 8, 2016 3:54am Jun 7, 2016 7:02am | Edited Jun 8, 2016 3:54am
History somehow doesn't work for me .. it always starts at 0 (when i close the charts f.e.).

edit: found it (dll import), but now if i want to have multiple charts of the same pair open, it only loads the ticks to the first chart.
  • #136
  • Oct 2, 2016 9:37pm Oct 2, 2016 9:37pm
Love the topic of the thread. I'm very interested in the concept of Delta for FX as well. In the case of volume, I've not seen a better indicator than this for MT4.
http://www.mql5.com/en/market/produc...ll_description
  • #137
  • Dec 21, 2016 12:53am Dec 21, 2016 12:53am
Sciurus sir. Thanks for this useful indi. I appreciate your efforts, coming from another fellow Canadian. By the way, would it be possible to program an overbought/oversold stochastic oscillator version of this wonderful indicator with Delta parameters coded into it. Again thanks a lot for this. Cheers!!
  • #138
  • Feb 3, 2017 11:55am Feb 3, 2017 11:55am
Anyone still trading using cumulative delta??
  • #139
  • Feb 5, 2017 7:10am Feb 5, 2017 7:10am
Quoting The-Flipper
Forex = biggest dark pool = no available volume data! Every "volume"-based indicator = epic fail!
What about futures markets?
  • #140
  • Feb 5, 2017 7:11am Feb 5, 2017 7:11am
Quoting gezis
Anyone still trading using cumulative delta??
I dont know how anyone could trade without it.

number 1 tool. Easily.
0 traders viewing now