I tried this already but when I disabled this option, cumulative delta looked somewhat different.... I will report the issue with screenshot next week.Hello heispark,
When does Bookmap reset the cumulative delta study? Beginning of each ETH session?
If so, this can be done in MotiveWave by unchecking the "Reset RTH" option, with this unchecked it will reset on the ETH session instead.
View attachment 124
Regards.
As you can see, MW's CD looks different when compared to Bookmap's.I tried this already but when I disabled this option, cumulative delta looked somewhat different.... I will report the issue with screenshot next week.
As you can see, MW's CD looks different when compared to Bookmap's.
My understanding is this is due to each platform calculates it differently. I also found some more details from the following Sierra Chart document:
It's somewhat more complicated than I thought......
Yes, they are both Rithmic. That's around market open and I guess that difference was caused by calculation method difference between the two platforms..... (Bookmap is also set to reset CD on every 18:00 ET)For the Bookmap vs MotiveWave comparison, were you using the same data feed on each platform? Rithmic vs Rithmic or CQG vs CQG?
Connections can tag trades differently (whether the trade was at the bid or ask) which will cause some differences between the delta.
Hi, JasonHello heispark,
Have you been able to test this against another charting platform with Rithmic?
I know Bookmap has variations on cumulative delta and other settings, I just want to confirm that you are set to the standard delta setting as described in their support documents? https://bookmap.com/wiki/Advanced_CVD
Regards.
Lastly, this is 30M Sierra chart I found in the Internet. It seems it supports continuous cumulative delta (stitched each daily CD lines). It would be great if MW also supports this feature.....