[momentom]

I wrote a little easylanguage study to track volume:

Vars: MyVol(0);
MyVol = Upticks-DownTicks;

Plot1(MyVol, "VB");

If MyVol > 0 Then setPlotcolor(1,GREEN);
If MyVol < 0 Then Setplotcolor(1,RED);

So far so good.

Now I would like to make it CUMULATIVE for the trading day, trading day be the day starting at the close of the previous RTH session.

Somehow I can't get my head to the next stage. Any ideas?

TIA

[Tams]

what is the chart's resolution?


can you post an annotated screen shot? or a mock up?

[momentom]

I trade of range bars, say 5 ticks:
I've attached what it looks like on market delta.

The bottom pane is the raw data: Upticks minus downticks,
second from bottom is the cumulative total of the value of each bar's uptick-downtick volume.

I hope I was clear.

Thanks

[Tams]

Originally Posted by momentom »

....
Now I would like to make it CUMULATIVE for the trading day, trading day be the day starting at the close of the previous RTH session.

Somehow I can't get my head to the next stage. Any ideas?

TIA

if d <> d[1] then begin...

[zdo]

Did you try
MyVol = MyVol + (Upticks-DownTicks);
???

[momentom]

No, I didn't. There is nothing in the expression that resets the number to zero at the end of the RTH session. I want to start from zero every "new" day after RTH.

[zdo]

if (Time[1] <= yourRTH and Time > yourRTH) then
MyVol = 0;

etc

[FulcrumTrader]

Originally Posted by momentom »

I wrote a little easylanguage study to track volume:

Vars: MyVol(0);
MyVol = Upticks-DownTicks;

Plot1(MyVol, "VB");

If MyVol > 0 Then setPlotcolor(1,GREEN);
If MyVol < 0 Then Setplotcolor(1,RED);

So far so good.

Now I would like to make it CUMULATIVE for the trading day, trading day be the day starting at the close of the previous RTH session.

Somehow I can't get my head to the next stage. Any ideas?

TIA

I trade exclusively with Cumulative Delta and I was going to make sure you want (upticks - downticks) OVER (bid - ask) such as this explanation.......

Investor/RT Tour - Volume Breakdown (VB)

BTW....today there was an excellent Cumulative Delta based "Inventory Grab" SHORT trade at 1034.50 ES level right after 1035.00 high was traded. This trade takes place after all previous resting SHORT inventory that had been holding for a period of time has been neutralized (they all covered to go flat). Right after the sellers bail that were holding large SHORT positions there is no one left for BUYERS to force into SHORT covering.....this leaves price hanging with new initiating BUYERS needed to step in to support current pricing levels.

Here is what the Cumulative Delta looked like right after I had entered the trade as additional sell response was entering the order flow.... http://www.charthub.com/images/2009/...ader__ES_SEP09