Support Board

Date/Time: Wed, 12 Feb 2025 22:39:11 +0000

[User Discussion] - Delta Volume Per Bar

[2020-11-18 17:09:18] #1 [Go To First Post]
User630795 - Posts: 92
I need a clarification regarding "Delta Volume Per Bar." I read your documentation. It simply states that...."the term "Delta" refers to the absolute value of the difference between the Ask Volume and Bid Volume for the bar. with a setting of 10000, a new bar is formed when this calculated difference for the bar exceeds +/- 10000." but I need further clarification. I am sure it is very clear for you from your perspective but I need a further clarification for me to understand the visual presentation of the bar/chart accurately. my question is regarding the statement..."Delta refers to the absolute value of the difference between the Ask Volume and Bid Volume for the bar." if it is set to 500, how exactly 500 counted before starting a new bar? obviously a single trade won't generate 500 delta volume (i am using it for ES futures). does it accumulate ASK trade volume and Bid trade volume until the difference of accumulated ASK trade volume and BID trade volume reaches 500 before starting a new bar? i hope you understand what I am asking. your description is not clear for me so I can't interpret the bars/chart presentation. Look forward to hearing from you. Thank you.

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