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Post From: Measure Cumulative Delta on price zigzag

[2016-07-10 05:09:06]
Bedhog - Posts: 168
I have an idea on how to do this... just need a hand from the spreadsheet gurus.

The goal... (for example) if we just had a down leg with -1096 delta printed on the zigzag low, and price begins to retrace, I want to know if that counter-move is supported by actual volume, or if it's bouncing because of a liquidity vacuum.

I am using the Ask Bid Volume Difference on the zigzag study and outputting the extra values for spreadsheets.

The end result here will be a Text Display for Study From Chart showing the value contained in O3.

In spreadsheet column O3, I want to identify the difference between the previous zigzag point and the current accumulated volume.

Put another way: the difference between the AFn (AccumlatedVolume) from row n where n = the first non zero value found in column AE (Zig Zag Line Length) and the value found in AF3 (AccumulatedVolume).

Something like this
=Index($AF$4:$AF$100,MATCH(<>0,$AE$4:$AE$100,0)
or
=GETCORRESPONDINGMATCH($AD4:$AD12, <>0, 0, 1, 0, $AF4:$AF12, 0)

In the attached image, I want to subtract AF11 from AF3 and stuff it into O3. But to find AF11, I need identify the non-zero value in AE11. O3 will eventually have the value of -1052 (-1096 + 44)

Thank you.
Date Time Of Last Edit: 2016-07-10 06:12:13
imagezigzag-delta.JPG / V - Attached On 2016-07-10 05:04:14 UTC - Size: 47.06 KB - 536 views
imagenb-zigzag-fr.jpg / V - Attached On 2016-07-10 05:18:36 UTC - Size: 156.88 KB - 681 views