Tick Volume Delta free

by TraderExperto in category Other at 30/09/2020
Description

This is a Simple Tick Volume in a Delta visualization. It simply shows the Selling Volume as negative given a better Visualization between Buying and Selling Volume.

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Formula / Source Code
Language: C#
Trading Platform: cAlgocTrader
´╗┐using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;

namespace cAlgo
{
    [Indicator(IsOverlay = false, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class TickVolumeDelta : Indicator
    {
        [Parameter(DefaultValue = 0.0)]
        public double Parameter { get; set; }

        [Output("Up Volume", LineColor = "LawnGreen", PlotType = PlotType.Histogram, Thickness = 3)]
        public IndicatorDataSeries UpVolume { get; set; }

        [Output("Down Volume", LineColor = "Red", PlotType = PlotType.Histogram, Thickness = 3)]
        public IndicatorDataSeries DownVolume { get; set; }

        protected override void Initialize()
        {
            // Initialize and create nested indicators
        }

        public override void Calculate(int index)
        {
            if (Bars.ClosePrices[index] >= Bars.OpenPrices[index])
            {
                UpVolume[index] = Bars.TickVolumes[index];
                DownVolume[index] = 0.0;
            }
            else if (Bars.ClosePrices[index] < Bars.OpenPrices[index])
            {
                DownVolume[index] = Bars.TickVolumes[index] * -1;
                UpVolume[index] = 0.0;
            }
        }
    }
}
Comments

procumulative@gmail.com - October 13, 2020 @ 17:06

Hi,

seems like you r the first guy interest in tick flow here. 
Could u perhaps make:
- zigzag on close showing for each swing tick delta (uptick-downtick), volume, pips, time, cumulative tick delta, cumulative volume. Alerts for divergence via comparing up swings with up swings and vice versa.
- tick delta per bar (highlighting delta divergence on bars)
- cumulative tick delta overlayed on bars (reset each day or possibility to set up start, end point)
- VSA on bars, much better than histogram.
- inside, outside, breakout colouring of bars. Feature to turn on/off
- delta tick market profile, from right to left for certain time windows per day and also composite one attached near y axis for weak, month.

How do I contact you for further discussion?

TraderExperto - December 30, 2020 @ 06:45

Sorry for the late Response. I will be soon uploading more stuff like Weis Wave, Weis Box, Anchored VWAP, Volume Profile and a Range Volume Profile. You can find me in the Telegram Group Ctrader Comunity by my name as Trader Experto or Renato Cavalcante if you want to chat with me.

dave.anderson.consulting - October 07, 2022 @ 12:19

I appreciate your effort. But this is actually a kind of volume of the ticks and not the actual volume of the contracts that have been traded. The cTrader has 'tick volume' or simply put 'number of ticks'. One can take a position with 10 contracts at a given price. Another can take 0.1 position on the same price. In reality it means 10.1 volume contracts at that particular price. But cTrader sees that as a single tick, because all the contracts were at the same price. If the first person with 10 contracts on price x had taken position and second person 0.1 contract on price x+1 had taken position. Then the tick volume on first price (of 10 contracts) was 1 and tick volume on second price (of 0.1 contract) was also 1.
Because tick is a price change and has nothing to do with number of contracts at a specific price. Because cTrader only has the number of ticks and no volume of contracts, this indicator or any other that does anything with volume is misleading.

stewardcampbells - February 02, 2023 @ 21:44

Hello, I wanted to thank you for giving this valuable content, according to the volumes and others, to those who are not very knowledgeable in this field.

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