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Difference between Cumulative Delta Bars (CDB) - Up/Down Tick Volume and CDB Volume


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Difference between Cumulative Delta Bars (CDB) - Up/Down Tick Volume and CDB Volume

  #21 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
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Had a short little hiatus while I took care of taxes organizing and delivering papers to accountant and now mortgage refi submitting last requested doc today. Before Trump can work his magic....lol... 6th mortgage in 8.5 years working these great rates.

So I personally don't pay up on purpose when buying and the converse for selling but I understand every one’s diff with methods like scalping etc. I tend to wait for the unfair prices with relatively good queue position. Didn't always do this that's for sure 8 years ago in stocks. I placed orders at the market just not above it for a long. I equate it to being in a hurry and that doesn't bode well in trading IMHO.

Thanks everyone for the education.

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  #22 (permalink)
 packoz 
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Can anyone offer guidance on how this information can used to assess the market? It seems to me a higher reading in positive uptick than delta means aggressive buying is taking place to drive price up. I know that is awfully simplistic but I suspect there are other layers to this that I am trying to understand.

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  #23 (permalink)
 
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 trymph 
chicago us
 
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packoz View Post
Can anyone offer guidance on how this information can used to assess the market? It seems to me a higher reading in positive uptick than delta means aggressive buying is taking place to drive price up. I know that is awfully simplistic but I suspect there are other layers to this that I am trying to understand.

Simplistic is a good thing packoz xoxo KISS

@Schnook...........just catching up after a long hiatus so long that I had only used the TRIN and TICK indexes in those days; ashamed to admit I'm new to "Delta". Kudos for your nice definition of the difference in Delta vs +/- Tick Volume: IMHO packoz got it just right. So my question is:

Anyone configuring the ratio of Tick over Delta as a %percentage (maybe visa versa even) ? Seems to me we all want to know whether the market is moving with relative size; or NOT ........

I think I heard "the trend is your friend" somewhere before.... but its nice to fade the back and fill reversals on entry.

Regards
Trymph

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  #24 (permalink)
 
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 trymph 
chicago us
 
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@packoz see below as I've learned a bit since my last post in this thread. CD doesnt have to be a %age I dont think but the the foremost importance IMHO is whether the buyer or sellers are winning at any one time. And bid/ask in juxtaposition to +/- tick CDs can tell the tone. I mean all these indicators only matter IF price is changing OR NOT even; price is the whole point isn't it? rhetorical question<g>


trymph View Post
Anyone configuring the ratio of Tick over Delta as a %percentage (maybe visa versa even) ? Seems to me we all want to know whether the market is moving with relative size; or NOT ........
Regards
Trymph

To which in my quest I've found:


trymph View Post
@matthew28: Thanks Matthew, I did email Jigsaw support with those questions also. I await a reply. I really would like a CD histogram in a lower panel. NT8 does that along with both BID ASK & UpDown Tick trade volume Delta Type CDs I've learned. Using SMA 1 period study of study, I can get my line style UpDown Tick CD in the same panel as the Bid/Ask histogram. Always on the quest for the holy grail indo!! <g> It would be nice if Ninja would provide a means for a test drive before plucking down $1099 to anti-up and sit at the table with a Lifetime License for Order Flow+ to get CD though; especially on a SIM basis. I'm still SIM trading to work out my ATM & Stop strategies. After last week's volatility good thing for that........still need some tweeking; nothing worse than selling the top and getting stopped out on a 50 tick retracement trailing offset just before being right for 1000 YM ticks!!!

Regards/ scapling disease is not terminal
Trymph

Regards all

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Last Updated on May 2, 2022


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