I donít know if you figured out how to set up CD but, if not, you can do what has been suggested above or below are specific steps of one way to do it.
1) Once you have your intraday chart set up you add 2 studies. First add the BidVolume vs. AskVolume study and then click the Settings button. Under the Subgraphs tab
a) for the Draw Style select Ignore for Ask Volume, Bid Volume, and Zero Line.
b) for Difference (SG5) select Bar for Draw Style. Then under Auto-Coloring, select Based on +/- and then just above auto-coloring adjust for the two colors you want. Donít forget to check Show under Value Label to display the number.
This will plot the delta for each bar. If you donít want this and just want CD then just select Ignore under Draw Style for Difference(SG5)
2) Then add Cumulative Sum of Study and again click Settings. Under the Settings and Inputs tab, change SG1 to SG5 under Input Value.
Then under the Subgraphs tab you will see only Sum(SG1) and do the same changes as for Difference in 2b.
The following 2 users say Thank You to sctrader for this post:
Sorry for mixing apples and oranges... And thanks for the insight regarding data comparison. Anyway, TT data is of equal quality to Zenfire with respect to T&S, and both are adequate for my current needs. I just wanted to move from Ninja to Sierra with commensurate data.
What is the number on the very bottom right of a chart? It seems to change but I haven't yet figured out what it is.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.