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Date/Time: Sun, 19 May 2024 00:29:04 +0000

Post From: Uptick and downtick to volume ratio

[2014-12-07 00:29:21] Link To Thread - Link To Post [Go To First Post]
nioko54130 - Posts: 108
Hi Dom! To get this sort of features, you have to compare the ask volume with the downtick volume or the bid volume with the uptick volume in order to obtain a delta which calculates for example the difference of these to kind of volume For example, if you have 200 ask market contract, and 100 bid market contract in a range barre, and then you have 150 uptick volume and 150 down tick volume in this same range barre ; you will get a "deltatick" of -50 : it means that 50 ask market contract have downticked the price inside of this range barre. You can do this with the "studie subgraph difference" to obtain a visuel representation of this ; then you can use an other tool that i can send to you to convert this visual information in numerical information on your footprint chart.