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Old 06-06-2007, 06:57 PM
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Re: Volume Delta Indicator
Quote:
nickm001
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What Delta Indicator is doing is using UpTIcks/DownTicks instead to approximate volume.
It is NOT approximating volume - it IS volume.

UpTicks + DownTicks = Ticks, which on a intraday, minute or tick chart in TS is the Total Volume per bar.

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