Real Volume Tick Volume Ratio

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Re: Real Volume Tick Volume Ratio

Postby Apprentice » Wed Dec 12, 2018 5:42 am

As far as I know.
MT4 only have one Volume type.
Therefore, we cannot compute this ratio.
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Re: Real Volume Tick Volume Ratio

Postby logicgate » Wed Dec 12, 2018 11:19 am

Apprentice wrote:As far as I know.
MT4 only have one Volume type.
Therefore, we cannot compute this ratio.


Check this indi, the same way he does here can be use to build the ratio indicator:

https://www.mql5.com/en/market/product/21008
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Re: Real Volume Tick Volume Ratio

Postby logicgate » Thu Dec 13, 2018 5:40 pm

The ratio I am looking for, actually is the up/down volume ratio, which can be accomplish dividing the up ticks by the down ticks of each bar. I think it is this way that they made that cumulative delta indi I posted in the other thread.
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Re: Real Volume Tick Volume Ratio

Postby logicgate » Thu Dec 13, 2018 5:50 pm

This is what I mean, if you use this formula for forex it is possible to do what I asked:
Attachments
ergodictickvolosc.png
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Re: Real Volume Tick Volume Ratio

Postby Apprentice » Fri Dec 14, 2018 1:42 pm

The above indicator, maybe I'll investigate.
The indicator in the article definitely NOT.
Will need up and down tick volume info.
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Re: Real Volume Tick Volume Ratio

Postby logicgate » Fri Dec 14, 2018 2:01 pm

Apprentice wrote:The above indicator, maybe I'll investigate.
The indicator in the article definitely NOT.
Will need up and down tick volume info.


I think that if you tweak that same cumulative delta indicator to divide the up ticks by the down ticks of each bar then you will get the up down ratio.
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Re: Real Volume Tick Volume Ratio

Postby Apprentice » Mon Dec 17, 2018 5:40 am

Unfortunately, I don't think it's possible to write this indicator.
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Re: Real Volume Tick Volume Ratio

Postby logicgate » Mon Dec 17, 2018 12:47 pm

Apprentice wrote:Unfortunately, I don't think it's possible to write this indicator.


Oh, but I don't understand.

Bear with me. If the cumulative delta indicator plots the difference between the up ticks and down ticks, like for example, if a bar has 100 ticks up volume and 80 ticks down volume the delta is +20, if the next bar has 80 ticks up volume and 100 ticks down volume, the delta is -20, this keeps getting plot as a line, right?

But what if instead of the difference, you just tweak the same indicator to divide the up ticks by the down ticks? So following the same example, a bar with 100 ticks up volume and 80 ticks down volume would have a ratio of 1.25, and the next bar (80 up 100 down) would have 0.8. This just needs to be plotted as a line.
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Re: Real Volume Tick Volume Ratio

Postby Apprentice » Tue Dec 18, 2018 4:51 am

We only have info about the total tick.
The total ticks are the sum of up and down ticks.
Tick Volume = ABS(Up Tick+Down Tick)
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Re: Real Volume Tick Volume Ratio

Postby logicgate » Tue Dec 18, 2018 7:34 am

Apprentice wrote:We only have info about the total tick.
The total ticks are the sum of up and down ticks.
Tick Volume = ABS(Up Tick+Down Tick)


So how does that cumulative delta indi works? If it doesn't know the value of the up ticks and down ticks, how can it plot the difference? (Cumulative Delta = Up Tick - Down Tick)
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