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.
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.
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Comments8
ATAS user
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Up/Down tick delta calculation method is outdated.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
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..