UpDown Tick volume and Market delta
Created at 18 Sep 2016, 22:37
DA
UpDown Tick volume and Market delta
18 Sep 2016, 22:37
Is there any indicator that counts the numbers of ticks. So if the #/ratio of upticks is greater than the downticks then we would have an UpVolume bar and vice versa for the DownVolume bar.
And for market delta:
Up volume = #/ratio of transactions on the ask greater than transactions on the bid
Down volume = #/ratio of transactions on the bid greater than transactions on the ask
Thanks for help.
DavalRista
18 Sep 2016, 22:38
I've only found this but I don't like the oscillator format. /algos/indicators/show/1293#comment-4338
@DavalRista