cumulative delta bid/ask colors

MikeT

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Apr 18, 2024
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Hey, is anyone effectively using the up/id and down/ask colors on cumulative delta?
I did some testing but didn't figure out based on what the candles are colored - all of the strong up/down ones are NOT.

Just for comparison, the second screenshot is from Tradovate where the green/red coloring happens automatically - but here it seems more 'correct' / easier to trade.



Screenshot 2024-05-02 at 10.13.45 AM.pngScreenshot 2024-05-02 at 10.13.51 AM.png
 
MotiveWave is showing you where the Delta affected price, and where it failed to affect price.

MW is showing you a blue candle when delta is up, and the price candle is also up. It is showing you orange where the delta is up, but price is down. It's showing you red when both delta and price are down. Its showing you purple when delta is down but price is up.

Its actually much more useful than Tradovate.
 
MotiveWave is showing you where the Delta affected price, and where it failed to affect price.

MW is showing you a blue candle when delta is up, and the price candle is also up. It is showing you orange where the delta is up, but price is down. It's showing you red when both delta and price are down. Its showing you purple when delta is down but price is up.

Its actually much more useful than Tradovate.
I see, thanks a lot. That is indeed much more useful.
 
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