Cumulative Delta: Difference between revisions
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Cumulative Delta (Market Delta) is the algebraic sum of the single delta volume values. In comparison to [[Volume Delta]], Cumulative Delta is not based on regular bars. <br>When the Cumulative Delta chart type is used, the price scale of the chart is transformed into volume scale and the formed bars represent not volume within regular price bars, but accumulated delta (buy - sell) of the volume per specified resolution. It can be used for analysis only. | Cumulative Delta (also known as Market Delta) is the algebraic sum of the single delta volume values. In comparison to [[Volume Delta]], Cumulative Delta is not based on regular bars. <br>When the Cumulative Delta chart type is used, the price scale of the chart is transformed into volume scale and the formed bars represent not volume within regular price bars, but accumulated delta (buy - sell) of the volume per specified resolution. It can be used for analysis only. | ||
<div class="important">Trading directly from this chart type is not supported.</div> | <div class="important">Trading directly from this chart type is not supported.</div> | ||
[[File:CDChart2.png|right|Cumulative Delta Chart]] | [[File:CDChart2.png|right|Cumulative Delta Chart]] | ||
