Support Board
Date/Time: Fri, 03 Jan 2025 03:08:25 +0000
Post From: Uptick and downtick to volume ratio
| [2014-12-07 00:29:21] |
| nioko54130 - Posts: 108 |
|
Hi Dom! To get this sort of features, you have to compare the ask volume with the downtick volume or the bid volume with the uptick volume in order to obtain a delta which calculates for example the difference of these to kind of volume For example, if you have 200 ask market contract, and 100 bid market contract in a range barre, and then you have 150 uptick volume and 150 down tick volume in this same range barre ; you will get a "deltatick" of -50 : it means that 50 ask market contract have downticked the price inside of this range barre. You can do this with the "studie subgraph difference" to obtain a visuel representation of this ; then you can use an other tool that i can send to you to convert this visual information in numerical information on your footprint chart. |