Delta Volume

Delta volume (Study > All Studies from the top menu bar) displays the difference between the Ask and Bid Volume as a candle chart in a separate graph. Positive values indicate buying pressure and negative values indicate selling pressure. The following screen shot shows the available settings for this study:

• Number of Bars – Optionally limits the number of bars that are displayed. This is useful if you want to avoid loading a large amount of historical tick data. Check “Show All” to show a delta bar for every loaded candle.

• RTH Data only – Check this box to only show bars that occurred during regular trading hours.

• Recalculate on Close – Downloads historical data that replaces the live data after each bar close. This will cause loading after each bar closes.

• Bar Type – Type of bar to display (ie OHLC, Candle, Line, Bar etc).

• Up/@Bid Color – Display the chosen color if the delta is negative but the price candle closes positive

• Down/@Ask Color – Display the chosen color if the delta is negative but the price candle closes negative

• Indicator – Settings for the latest value indicator in the vertical axis.