TradeStation Cumulative Delta

January 7th, 2019, 01:09 AM

Hi all,

Need some help locating a good cumulative delta indicator for TradeStation. Has anyone had experience using the one provided on this website? Does anyone have any leads for different cumulative delta indicators? Let me know please, having a tough time finding something.

October 21st, 2020, 01:19 PM

Don't know if you're still looking for this or not. Someone probably is.

Here's the code I wrote which plots properly, but I've never been quite sure if it's accurate.
Any Guru feedback would be good for all forum members:

Inputs:
Plot_Cum_Vol_Delta(True),
Plot_Zero_Line(true);

// Volume Delta: Calculates the Delta for each Bar
// Value1 returns a positive number for Net Upticks, or negative number for Net Downticks.
Value1 = Upticks-Downticks;

// Cumulative Volume Delta: Value2 provides a cumulative total of all Value1s
Value2{Cum Up/Dn Delta} = cum (value1);

If Plot_Zero_Line then plot6(0,"Zero");

If Plot_Cum_Vol_Delta then Plot16(Value2, "CumVolDelta");

December 23rd, 2020, 10:54 AM

Vientomarsol,

This is exactly what I've been looking for. I just applied it via EL and it does plot well (although candle plot would be better than line). Further study of the plot seems to indicate that the first bar is not reflected on the plot. What I mean by this ....
If I use a 1 minute chart and start data from 22 Dec - 22 Dec (so only one day), using session hours and exchange time. The plot only start from 2nd minute. This causes some inaccuracy. If you take a look at market open candle that closed at 17:01 on 21 Dec, you can see that the net volume is +81. Then the next candle close at 17:02 is +28. During this 17:02 candle is when the plot starts, and it starts at +28, and thus does not take into account +81 from the 17:01 candle. So, the 17:02 plot start should be at +109, vice what it shows (+28).

I wish I knew how to code... but that's the only feedback that I can provide. I'm still looking for a food cumulative delta plotting tool, and really hope someone can pinpoint me towards one.

January 10th, 2021, 03:32 PM

Dragunov

Hi all,

Need some help locating a good cumulative delta indicator for TradeStation. Has anyone had experience using the one provided on this website? Does anyone have any leads for different cumulative delta indicators? Let me know please, having a tough time finding something.

Here are some leads for you to check into.

One of the best Delta Indicators I have found is - https://mboxwave.com/mcumulativedelta-indicator

Mbox Mike posts videos on youtube. He does very well! However, he refuses to set up a trade room where he allows buyers of his software to watch and learn from him in real time. He is an excellent trader, programmer, and software sales. Zero coaching nor helping you make money with his software once you purchase it. He makes look very easy. It is not easy to do in real time!!!

The affiliate trade room is No BS Trades However they do not use Mboxwave full set of indicators and strongly discourage starting out using all of the indicators for months. Scalping on 1 min too 10 Second charts. Which is too fast for my comfort. They do offer a 1 day room trial I think? If you like very fast, short term scalping on NQ only, this is a great place at a good price.

Should be noted that MBoxwave.com and Nobstrades.com while they do have a working / selling relationship, they do NOT HAVE ANY integrated Trade Room as a buyer of the software would expect. In other words, you either have to learn MBoxwave method on your own by watching is youtube posts or learn a different method scalping for 20 NQ ticks ( that room only trades NQ futures ) using basic free moving averages at NOBSTRADES.com trading room. Definitely worth looking around on No BS Trades site at the additional software for sale. None of this is included or mentioned on https://mboxwave.com/.

Also, rarely does Mbox Mike show his losing trades. I have seen 1 video of losing trade and it is very helpful. Would appear that he is getting incredible trades and makes it look easy to do.

I have found that Mboxwave Delta Indicators do work on TradeStation but the renderings are not as good as on NinjaTrader or Sierra Charts.

Ninja Trader locks up in fast markets due to calculation all the data I think. If someone has a solution please let me know.
Sierra is a solid platform for this however it is to complex and not easy to use unless you are very tech savvy.
Mboxwave indicators do not work on TOS aka ThinkorSwim.
Nobstrades.com do not work on TradeStation or TOS.

At the end of day, Mboxwave.com is the best Delta Divergence software I have found so far. If you can learn how to make money on your own once you buy it.

Please share if you have found better Delta Divergence Indicators.

Best of Luck.

February 5th, 2021, 06:13 PM

Problem is that Tradestation does not store bid and ask volumes data for more than 5 days, so it is impossible to make historical analysis with cumulative delta, only if you use tick volume, but then the readings will be completely different than real volume.

IT will work "live" though and perhaps plot data for the last 5 days, problem is that you can�t practice and study this way.

January 30th, 2022, 08:24 PM

I am not sure about tradestation's storage of bid/ask volume for only 5 days. The following code seems like working. Let me know if there is any issues.

Input:
smthlen(21);

variables:
defaultColor( DarkGray),
unitinterval(0),
unitsymbol(""),
UpVol(0), DnVol(0),
dVol(0),
cumDelta(0),
Intrabarpersist unitUpticks(0),
Intrabarpersist unitDnticks(0) ;

If bartype > 1 then begin
unitinterval = 1 ;
unitsymbol = Getsymbolname;
unitUpticks = _GetSymbolData( 0, 0, "", unitsymbol, "daily", unitinterval, 0, "UpTicks" );
unitDnticks = _GetSymbolData( 0, 0, "", unitsymbol, "daily", unitinterval, 0, "DownTicks" ) ;
if barnumber <> barnumber[1]then begin
UpVol = unitUpticks;
DnVol = unitDnticks;
end
else begin
UpVol = UpVol + unitUpticks;
DnVol = DnVol + unitDnticks;
end;
End
Else if bartype < 2 then begin
UpVol = UpTicks;
DnVol = DownTicks;
end;

if barnumber <> barnumber[1] Then
begin
dVol = UpVol - DnVol;
cumDelta += dVol;
defaultColor = iff(cumDelta > cumDelta[1], green, red);

Plot1(cumDelta, !("Cummulative Delta"), defaultColor);
Plot2(average(cumDelta, smthlen), !("CumDelta_Average"), Magenta);
end;

February 7th, 2022, 09:57 PM

@sunrisus
- Thank you for the effort. I am unable to compile this code
- Can you either export the entire indicator and that should pull all dependencies or say at least post code for _getSymbolData?
- note: I am newbie on EL, but have experience on TOS. Feel free to guide me if I am missing something obvious.

February 8th, 2022, 11:13 AM

badiboy

@sunrisus
- Thank you for the effort. I am unable to compile this code
- Can you either export the entire indicator and that should pull all dependencies or say at least post code for _getSymbolData?
- note: I am newbie on EL, but have experience on TOS. Feel free to guide me if I am missing something obvious.

badliboy, here is the eld file.

August 22nd, 2022, 11:23 AM

sunrisus

badliboy, here is the eld file.

How is this working, are you having success?

August 22nd, 2022, 11:35 AM

mvest23

How is this working, are you having success?

thank you for sharing that earlier and the script did work.
However, on my ongoing journey, I started discovering more about market/volume profile and have been spending more time on them.
It seems, once I get more hang of it, on the order flow/actual side of things, this cumulative delta concept will be useful again. I am just not there yet

, taking baby steps,

TradeStation Cumulative Delta

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TradeStation Cumulative Delta