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open interest vs cumulative delta


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 martin19 
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Hi

can you somebody explain me why, when i compare cumulative delta with daily cme report ,are results totally another.

???
data feed rithmic
https://s29.postimg.org/zdlbv4qiv/soy.png



thanks


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 Big Mike 
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They are two very different things that have nothing to do with each other.

Mike




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 martin19 
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cum. delta =OI but cum. delta data are artificially calculated


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 Big Mike 
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martin19 View Post
cum. delta =OI but cum. delta data are artificially calculated

Cumulative delta is simply the trades @ bid vs trades @ ask, with a running cumulative total which can be multi session or single session and represented by a typical line chart or OHLC bars. It is best calculated using bid/ask data and you need a good data feed.

Main cumulative delta thread:


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Risk Surfer
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Yeah open interest is related to the number of people with open positions in the market, there's no way to tell from cumulative delta if people are covering or opening new positions. just because there may be a wave of buying at the offer, we don't know if that's covering or new positions being opened. Both very useful tools though


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