Discussion of article "Developing stock indicators featuring volume control through the example of the delta indicator" - page 8

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Dmitriy Skub:

By the way, the latest Quik now has a vertical profile.

That's very nice.

But when will we have it as standard?

 
Vitaly Muzichenko:

It's very beautiful, of course.

But when will we have it here on a regular basis?

The question is in the wrong thread. And you should ask the developers.

 
Dmitriy Skub:

By the way, the latest Quik has a vertical profile.


Where is it switched on?
 
Konstantin Seredkin:
Where is it switched on?

Right click on the graph:


 
Vitaly Muzichenko:

It's very beautiful, of course.

But when will we have it on a regular basis?

I will answer in the style of developers: MT5 includes a full-fledged built-in language MQL5, which has the most powerful capabilities of working with graphics. This allows to realise almost any wishes.

In short - "by yourself, by yourself, by yourself..."))))

 
Dmitriy Skub:

I will answer in the style of developers: MT5 includes a full-fledged built-in language MQL5, which has the most powerful capabilities of working with graphics. This allows to realise practically any wishes.

In short - "by yourself, by yourself, by yourself..."))))

I thought so)

 
Dmitriy Skub:

You will find your way in trading on your own or with someone else's help - if only you wanted to. I only expressed my IMHO.

The point of the Action Balance display is to visualise the process of hitting "static" (limit orders) by marketplaces.

This can be visualised on the screen in different ways (only one variant in the article), depending on specific tasks.

I don't quite understand about percentages - what are you referring to? For example, I take percentages relative to the OI.

In my terminal/system, it is used to understand the direction of large/medium intraday positions set/fixing.

Also, it is useful to look at tick/n-second Action Balance, but you need to aggregate the trades belonging to one participant (otherwise, you will get a mess).

I take percentages relative to the total volume.

//--- Put values into buffers
   bufDelta[ index ]= delta;                       // Write the delta value
   bufDeltaColor[ index ] =(delta>0) ?  0 : 1;     // Write the colour of the value
   bufBuyVol[ index ] = (double)sumVolBuy;         // Record the amount of purchases
   bufSellVol[ index ]=(double)sumVolSell;         // Record the amount of sales
   if((bufBuyVol[index]+bufSellVol[index])>0)bufDelta[index]= delta/(bufBuyVol[index]+bufSellVol[index]);// Write the delta value in per cent
   else bufDelta[index]=0;
 
Dmitriy Skub:

And you can use it like this, for example:

Vertical lines indicate prerequisites for shorting entries. The indicator is built on the basis of the described.

Is it the traded delta divided by the OI?

 
Aleksey Vyazmikin:

Is it traded delta divided by OM?

As for the percentages, if we take them, it should be relative to the OM, as the balance directly affects it. Otherwise, it will be a shill for soap (compared to absolute values).

I don't know what a traded delta is. In my chart it is called cumulative delta - the sum of deltas for the period. You can also divide it by OI and get charts invariant for instruments with close liquidity.

It is already quite informative, you can go further (like parameters for option structures).

 
Dmitriy Skub:

As for percentages - if we take them, then they should be relative to the OM, since the balance directly affects it. Otherwise, it would be a shill for soap (compared to absolute values).

I don't know what a traded delta is. In my chart it is called cumulative delta - the sum of deltas for the period. You can divide it by OM and get graphs invariant for instruments with close liquidity.

It is already quite informative, you can go further (like parameters for option constructions).

If we take open interest, is this the code you have in mind?

//--- Put values into buffers
   bufDelta[ index ]= delta;                       // Write the delta value
   bufDeltaColor[ index ] =(delta>0) ?  0 : 1;     // Write the colour of the value
   bufBuyVol[ index ] = (double)sumVolBuy;         // Record the amount of purchases
   bufSellVol[ index ]=(double)sumVolSell;         // Record the amount of sales
   if(SymbolInfoDouble(Symbol(),SYMBOL_SESSION_INTEREST)>0){bufDelta[index]= delta/SymbolInfoDouble(Symbol(),SYMBOL_SESSION_INTEREST)*1000.0;}
   else bufDelta[index]=0;

Traded delta, I mean the indicator, in the thread where our dialogue is going on

//--- Calculate the delta
   const double delta=double(sumVolBuy-sumVolSell);

So you summarise these deltas in a floating window (for example, the last 100) or in ascending order (n+1 from a certain date, for example, from the start date of the current day), for what period? Why for this period?

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