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NT 7 - Cumulative Delta Indicator?
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NT 7 - Cumulative Delta Indicator?
Will NT 7 have an included Cumulative Delta Indicator? (grouping of trades at the bid vs. at the ask) Similar to Investor R/T.Tags: None
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Originally posted by stevenrjohnson View PostWill NT 7 have an included Cumulative Delta Indicator? (grouping of trades at the bid vs. at the ask) Similar to Investor R/T.
Thank you for your post.
I am not aware of this update, but I will send your suggestion to development for future consideration.
Also, search our Support Forum to see if this indicator is located there for FREE: http://www.ninjatrader-support2.com/...N&pp=15&page=3
-I found a delta volume indicator on the link above.Ray S.NinjaTrader Customer Service
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Originally posted by astra View Post
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Originally posted by NinjaTrader_RJStein View PostHello,
Thank you for your post.
I am not aware of this update, but I will send your suggestion to development for future consideration.
Also, search our Support Forum to see if this indicator is located there for FREE: http://www.ninjatrader-support2.com/...N&pp=15&page=3
-I found a delta volume indicator on the link above.
1) Ability to have Cumulative Delta data plotted as a candlestick with wicks or bars (for those few candlestick haters.....HAHA).
2) Ability to at least pull up the last 10 trade days of historical data from ZenFire feed. If a trader wants data for longer periods then you either have to save and store historical bid/ask data or buy a feed like DTN.IQ, etc.
3) Ability to have per contract historical Cumulative Delta lookback with a vendor data feed. This would be so a trader can lookback at the historical Cumulative Delta plot for several months prior if wanted.
4) Ability to c o l o r the Cumulative Delta bars or candlesticks as a trader selects. This should include the ability to select the c o l o r of the candlestick outline too. If Ninjatrader would add this study to their cache of tools they would have a lot of Delta based traders moving over to their product. I can only imagine how great it would be to have Cumulative Delta tools with the ZenFire feed!
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Originally posted by NinjaTrader_Bertrand View PostFulcrumTrader, thanks for the detailed suggestions!
The official MarketDelta for NinjaTrader implementation can be found here -
http://fin-alg.com/volumefootprint_gallery.html
For myself though, I am not a user of the Footprint style charts that Trevor from MarketDelta developed. I have found for the style of Cumulative Delta tracking I do both intraday and longer term that Cumulative Delta candlesticks are what is needed. The visual representation of the order flow bias is very easy to track and then determine important daily thresholds through the use of Cumulative Delta candlesticks.
The instant visual recognition involved with Cumulative Delta candlesticks is more efficient for realtime trade entry execution determinations in my opinion. I can instantly see trade set-ups better with candlesticks for my style than I can with Footprint arrangements. Here is a specific example;
http://www.charthub.com/images/2009/...__ES_SEP09.png
Another advantage I have with Cumulative Delta represented as a candlestick, is the ability to visually reference Delta Threshold values with horizontal lines for historical lookback Delta Volume Analysis.Last edited by FulcrumTrader; 07-29-2009, 09:16 AM.
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Originally posted by FulcrumTrader View Post2) Ability to at least pull up the last 10 trade days of historical data from ZenFire feed. If a trader wants data for longer periods then you either have to save and store historical bid/ask data or buy a feed like DTN.IQ, etc.
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Originally posted by FulcrumTrader View Post2) Ability to at least pull up the last 10 trade days of historical data from ZenFire feed. If a trader wants data for longer periods then you either have to save and store historical bid/ask data or buy a feed like DTN.IQ, etc.
Hoping to NT7 soon.
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Originally posted by tiger123 View PostMy understanding ZeFire already has the historical bid/ask/level2 tick data, but NT6.5 does not store the them in database, hence NT6.5 indicator code could only see them in live data, not historical data. If NT7 does support persistent storage of bid/ask/level2 tick data in database, it would be fairly straightforward to port GomCD to NT7, and we don't have to worry about disconnection or to keep the computer running NT 24 hours.
Hoping to NT7 soon.
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I agree with FT and others here, that NT7 should include cumulative delta study as a default builtin indicator, the code for it is already there thanks to gomi and gomCD is already well tested. Since now NT7 will store the historical bid/ask data having a builtin cumulative indicator will help all.
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Hi markuse,
Thank you for your post.
Unfortunately, this is not included with NinjaTrader 7 by default.
I will, however, forward this on to my development team for further consideration.
In the meantime, some of our third party partners do offer similar indicator packages to this. For a complete listing of third party partners, please see the following link: http://www.ninjatrader.com/webnew/pa...g_3rdparty.htmKyleNinjaTrader Customer Service
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I think all the problems will be solved if NT allows a Tick by Tick update of historical data for indicators which need it.
This will require two things:
(1) A synchronization of the bid-ask-last historical data so that the chronological order can be maintained. I can not think of a reason why NT wants to maintain these as separate units in the Historical Price DB. It would be OK to have the option when representing it for editing but not maintaining the sequence in which the ticks arrive results in an unnecessary loss of information.
(2) The ability for NT to pump in tick by tick data from the historical database when a chart is reloaded. The GOM indicators work great; the only problem is that you have to maintain a separate tick accurate database which often a problem. If NT could pump in the tick accurate data, GOM will not have to save and reload it.
NT already has these capabilities in the Market Replay functionality where the tick by tick order is maintained. I am sure there were historical reasons why the historical data and replay data is maintained in two separate data bases. But it is getting more burdensome.
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