Skip to main content

up/down ticks delta calculation

Hi, I would like to use a modified Delta calculation - based on up/down ticks (not Bids/Asks).
That basically reflects fast rejections and patterns such as Unfinished Business look different.

Status: Rejected8 comments

Log in to comment and vote

Comments8

  • ATAS user

    Team•

    Mar 18, 2024

    Up/Down tick delta calculation method is outdated. It was used when datafeeds weren't providing agressor type for each tick. Nowadays this data is available and current method is way more accurate compared to 'up/down tick'

    • Anonymous User

      •

      Mar 18, 2024

      Please reconsider this decision. You're missing the point why up/down tick delta is still useful. Consider what happens in the market when the two differ. Tick delta isn't that useful on its own right but when it price ticks against aggressors, it becomes important.

  • Tony Sus

    •

    Jan 9, 2024

    Hello, this is AMAZING! @Vanodga Is possible to make this happen? When you could start developing?

    Thanks in advance

  • Stefan Belzar

    •

    Jan 9, 2024

    Helou :'D

  • Anonymous User

    •

    Jan 8, 2024

    We need this.. :) pls. :)

  • Gabriela

    •

    Nov 17, 2023

    when I use NinjaTrader, it is possible (and I use it on a daily basis) so it is possible to set up order flow chart based on up/down ticks. I prefer this option since it has more clear patterns like unfinished business, bid/ask patterns on high/low of the candle etc..

  • Vanodga

    Team•

    Nov 17, 2023

    Explain the logic of this functionality more detailed, please.

    • Gabriela

      •

      Jan 9, 2024

      when I use NinjaTrader, it is possible (and I use it on a daily basis) so it is possible to set up order flow chart based on up/down ticks. I prefer this option since it has more clear patterns like unfinished business and other bid/ask patterns on high/low of the candle etc..