Cumulative delta Multicharts

March 30th, 2017, 09:47 AM

Hi,
Anyone that could help me to add volume cut off high and low for this working cumulative indicator.
I have checked other posts but this is the one that seem to work best for me (multicharts.

There is no logic to the cutoff I have just inserted it in inputs.

Thanks in advance.
BR Stefan

Code

Inputs:
Cut_off_low (1),
Cut_off_high (40),
	PitOpen(830),
	PitClose(1500),
	ResetAtPitOpen(False),
	ResetAtPitClose(True),
	PlotZeroLine(True),
	AlertBar(1000),
	AlertColor(Magenta),
	UpColor(Green),
	DownColor(Red);
	
Vars:
	BADelta(0),
	UpVolume(0),
	DownVolume(0),
	CumDelta(0),
	MyOpen(0),
	MyClose(0),
	BarColor(0),
	Intrabarpersist MyBarNumber(-1);
	
	If ((Time >= PitOpen And Time[1] < PitOpen And ResetAtPitOpen)
		Or (Time >= PitClose And Time[1] < PitClose And ResetAtPitClose)) then
	Begin
		CumDelta = 0;
	End;

	UpVolume = Upticks;
	DownVolume = Downticks;
	BADelta = Upticks - Downticks;
	
	// Previous bar cumulative delta is current open
	MyOpen = CumDelta;

	// Now add current bar delta to cumulative delta
	CumDelta = CumDelta + BADelta;

	// Current bar close is previous bar cumulative delta + current bar delta
	MyClose = CumDelta;
	
	If (Absvalue(BADelta) < AlertBar) then
	Begin
		If (MyOpen > MyClose) then
			BarColor = DownColor
		Else
			BarColor = UpColor;
	End
	Else
		BarColor = AlertColor;
		
	Plot1( MyOpen, "Open", BarColor ) ;
	Plot2( MyClose, "Close", BarColor ) ;
	If (PlotZeroLine) then
		Plot3( 0, "Zero");

	MyBarNumber = BarNumber[0];

ABCTG · March 30th, 2017, 10:03 AM

Stefan,

what are the exact rules for the cut off, can you provide an example of what you are trying to accomplish?

Regards,

ABCTG

March 30th, 2017, 10:20 AM

Hi,

I am sure there are more things to think of than I have sofar.

I try to accomplish a CD that can filter tick size orders e.g. >1 and <=40 and then insert the same indi but with other settins e.g. >=41 and < 9999. This to be able to see what retail traders are doing and larger players are doing.

Hope that this gives a better picture?

Best regards

Stefan

ABCTG · March 30th, 2017, 10:29 AM

Stefan,

the "problem" is that your code simply uses the the raw values for UpTicks and DownTicks.

Code

	UpVolume = Upticks;
	DownVolume = Downticks;

Your filtering has to be applied before that. You basically need two additional intrabarpersist variables for the up volume and update them each tick (some of the other variables like UpVolume might need to be intrabarpersist, too).

Then you can store the current and previous code computation's UpTicks value like this:

Code

prevUpVolume = currentUpVolume ;
currentUpVolume = Upticks ;

With these two variables you can compute the UpTicks value for each tick that came in and check if it matches your inputs - if it does, add it to UpVolume.

At the beginning of a bar you would have to set prevUpVolume to 0 and reset UpVolume. You would have to do the same for the DownTicks, too.

Regards,

ABCTG

March 30th, 2017, 10:34 AM

Ok thanks, I will see if I have the skills to do that.

Best regards

March 30th, 2017, 10:53 AM

Hi again,

My coding is unfortunately not that good.

If you have time to insert what is missing that would be highly appreciated.

BR Stefan

Code

Inputs:
	
	Cut_off_low (1),
	Cut_off_high (40),
	PitOpen(830),
	PitClose(1500),
	ResetAtPitOpen(False),
	ResetAtPitClose(True),
	PlotZeroLine(True),
	AlertBar(1000),
	AlertColor(Magenta),
	UpColor(Green),
	DownColor(Red);
	
Vars:
	prevUpVolume (0),
	currentUpVolume (0),
	prevdownVolume (0),
	currentdownVolume (0),
	BADelta(0),
	UpVolume(0),
	DownVolume(0),
	CumDelta(0),
	MyOpen(0),
	MyClose(0),
	BarColor(0),
	Intrabarpersist MyBarNumber(-1);
	
		
	
	
	If ((Time >= PitOpen And Time[1] < PitOpen And ResetAtPitOpen)
		Or (Time >= PitClose And Time[1] < PitClose And ResetAtPitClose)) then
	Begin
		CumDelta = 0;
	End;


With these two variables you can compute the UpTicks value for each tick that came in and check if it matches your inputs - if it does, add it to UpVolume.

        At the beginning of a bar you would have to set prevUpVolume to 0 and reset UpVolume. You would have to do the same for the DownTicks, too.



	prevUpVolume = currentUpVolume;
	currentUpVolume = Upticks ;
	prevdownVolume = currentdownVolume;
	currentdownVolume = downticks ;
	UpVolume = Upticks;
	DownVolume = Downticks;
	BADelta = Upticks - Downticks;
	
	// Previous bar cumulative delta is current open
	MyOpen = CumDelta;

	// Now add current bar delta to cumulative delta
	CumDelta = CumDelta + BADelta;

	// Current bar close is previous bar cumulative delta + current bar delta
	MyClose = CumDelta;
	
	If (Absvalue(BADelta) < AlertBar) then
	Begin
		If (MyOpen > MyClose) then
			BarColor = DownColor
		Else
			BarColor = UpColor;
	End
	Else
		BarColor = AlertColor;
		
	Plot1( MyOpen, "Open", BarColor ) ;
	Plot2( MyClose, "Close", BarColor ) ;
	If (PlotZeroLine) then
		Plot3( 0, "Zero");

	MyBarNumber = BarNumber[0];

ABCTG · March 31st, 2017, 01:12 AM

Stefan,

I'll gladly steer you in the right direction, but if you are looking for someone to write the code for you, you might want to post in the Want your [AUTOLINK]EasyLanguage[/AUTOLINK] indicator created, free? thread.

Regards,

ABCTG

March 31st, 2017, 03:23 AM

Hi,

That would be much appreciated. Some ground logic that I can use and then I hope that I could
finalize it myself.

Thanks for your help.

Best regards

Stefan

ABCTG · March 31st, 2017, 03:27 AM

Stefan,

everything you need to do is in here:

Cumulative delta Multicharts

Stefan,

the "problem" is that your code simply uses the the raw values for UpTicks and DownTicks.

UpVolume = Upticks;
DownVolume = Downticks;

Your filtering has to be applied before that. You basically need two additional intrabarpersist …

.

Regards,

ABCTG

April 2nd, 2017, 08:47 PM

Looking forward the the indicator if your willing to share it.

Cumulative delta Multicharts

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Cumulative delta Multicharts