A client requests me a Volume Delta indicator.
(Volume Delta = Ask Volume - Bid Volume)
I take the idea from BuySellVolume, a default indicator by NinjaTrader.
As far as I know, the way NinjaTrader coded BuySellVolume is based on the well known definition:
- Buy Volume = Ask Volume (the volume that occurs at the Ask price)
- Sell Volume = Bid Volume (the volume that occurs at the Bid price)
Source: http://daytrading.about.com/od/daytr...dAskVolume.htm
So:
Sell Volume = Bid Volume
(I mean the buy & sell volumes computed by BuySellVolume indicator)
Thank you very much.
Pi
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