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how might it be possible to auto-calculate cumulative uptick-downtick delta starting at the point of a trade entry event ? (and when not in a trade, no calculation is made)
any ideas appreciated. thanks.
Can you help answer these questions from other members on NexusFi?
I think there's no other way than made a custom study and I thnik it's a complex advance custom study.
I'm not a good programmer so I can't help you.
Maybe @aslan, or some other programmer, can point you in a right direction.
yes exactly. i want to know the progression of delta starting from trade entry, for the duration of the trade. if it was resettable at ANY arbitrary time that would be swell too, but this would require an interactive tool of some sort (OFE has developed this for Sierra at $197).
delta could simply be calculated from ask vol - bid vol instead of from CDuptick-downtick as i mentioned above.
Here is ECIDelta 0.5.
It is still work in progress, but can be used.
It was first released on LePrivateBanker forum and there is some discussion around it there.