To clarify: if you're asking whether you can do a MACD of volume (instead of price), the answer is yes. This is known as "indicator on indicator". I believe this would require the Pro version of MarketDelta or higher. You would create a custom indicator using the RTL formula language. For more info on RTL, search the knowledge base.

Thank you for responding, I understand a bit of programming (NinjaTrader, C +) and always using an index and modified it. In MarketDelta've been looking at the knowledge base and I can not understand the system, because as I can modify the MACD of origin if it acts on the price to apply to the volume if the formulas are completely different?, Can I help me?.

Regards

First, I would urge you to view all the RTL Tutorial videos in the knowledge base. This will provide a good foundation for more sophisticated work.

As an example to get you started, try this syntax as your RTL formula:

MACD(VOL)

Experiment with the settings/prefernces. You can build two such indicators, one each for the macd fast and slow lines, and add both to same pane if you prefer two lines over a histogram showing the macd difference.

Thank you for your help

Hi anmir55. I'm very interested in what your doing. However I understand far less about this programming stuff. So I'll just ask. If you happen to get your indicator working would you share it with me? Show me what the code is, so I can copy and paste it. Can't hurt to ask, thanks for taking the time to read this, hope to hear back from you.

Chad

Chad,

MACD(VOL)

will work, I just tried it now. This syntax will provide a single line in the indicator's pane. If you wish to have slow and fast lines then simply use the same syntax a second time with the MACD token preferences set differently than in the first indicator. Then add the second version of the indicator to the same pane.

Hello, and thank you for your help, I tried it but dates aren't the same with real dates, You can see in the attach file to compare. I don't know why dates are different.

Regards

Amir,

The dates have nothing to do with the indicator. MarketDelta dates are based off which session the chart is set to. Example: if a session starts on Sept 9 at 3:45 pm (like session #2 for ES), a daily bar for that session will be labeled as Sept 9 all day on Sept 10 during the RTH, because the session actually began on the the 9th.

Hello Bob, I'm sorry  "dates" no, "data":

You can see in the attach file to compare. I don't know why indicator data are different between MarketDelta indicator and NT indicator. Data in NT indicator is OK

Comparing anything, but especially custom indicator values, between two entirely different platforms will rarely, if ever, be the same. Different platforms have different session times, different algorithms to calculate values, different chart preferences that can effect calculations, etc etc. Not to mention the possibility of data base errors or differences due to different data providers. To fully understand where the difference lies can take many many hours of laborious detective work.

I understand your point, I know the NT algorithm, as how can I know MarketDelta algorithm?. Then I could compare and see what are the differences