Support Board
Date/Time: Mon, 25 Nov 2024 11:32:39 +0000
Cumulative Volume Delta not correlating with price
View Count: 584
| [2024-03-02 16:38:49] |
| Dhanush - Posts: 23 |
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Hi, Good day to you. I tried to use CVD with no reset between one session to another but I am getting Volume Delta thats totally inverse correlated to the price. For example (attached a photo as well), The price in russell is going up but the CVD is going down. When the market made the top, the CVD is making the bottom. I tried using CVD in Tradingview (User created code) and the CVD graphs make more sense in Tradingview. Is there something to tweak? Kindly let me know. Thank you! |
333.jpg| [2024-03-02 19:34:48] |
| Sierra_Chart Engineering - Posts: 17172 |
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We do not know what symbol this is. Provide an image of the chart or Trade DOM, by following these *exact* instructions: https://www.sierrachart.com/index.php?page=doc/PostingInformation.php#Image Set Sierra Chart to a Tick by Tick Data Configuration. Follow the instructions here to do this: Tick by Tick Data Configuration Also for futures, the Cumulative Delta Bars-Volume study is 100% accurate in Sierra Chart. This is absolute definitive fact. If you see a difference in another program, the other program is delivering inaccurate data. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2024-03-02 19:35:36
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| [2024-03-03 00:28:31] |
| Dhanush - Posts: 23 |
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Hi, I provided a more better picture in this message. I checked till 2023 starting and it is for the most part in inverse correlation. I don't know if its giving this inverse relationship because of hedging activities that gets closed at the end of the day or the market is really dumping right now when the prices are going up or something is wrong with my settings. Kindly let me know! |
| [2024-03-03 01:00:56] |
| Sierra_Chart Engineering - Posts: 17172 |
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You do have the correct settings. And the Cumulative Delta Bars you see is valid.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2024-03-06 15:54:55] |
| Dhanush - Posts: 23 |
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Hi, Thanks for the reply. I would like to know one more information and didn't wanna open up a new support board question. I would like to backtest stocks and wanna use sierra charts for it. Is there an add on payment I can do to get stocks in sierra? Also, if there's an option for stocks, would that include penny stocks as well? Thank you! |
| [2024-03-06 18:50:20] |
| John - SC Support - Posts: 36238 |
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We have the "U.S. Equities Consolidated Tape" exchange available. Follow the instructions at the following link to activate this exchange: Denali Exchange Data Feed: *Setup Instructions: All Other Exchanges* Penny stocks are available through this exchange option. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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