A Few Nice Enhancements in Beta 9

Posted in News, User Tips by tharnett on December 22, 2009

The most recent beta has a few nice enhancements for features uses by many. Here is a summary. Beta 9 can be downloaded at www.marketdelta.com/downloads

Profile Indicator Enhancements Description & Video
The Profile Indicator, when setup to display as a Price and “Volume” Profile, will provide precise volume-at-price data for periods where tick data is available. However, in the absence of tick data, which is commonly the case for longer term composite profiles, minute bar data must be used. The volume is then divided up equally among the prices for each bar. However, if the user is viewing 15 minute bars for instance, the Profile indicator can gain more accurate volume-at-price information from the addition of invisible 1-minute bars to the chart, which the Profile Indicator will look for and use if available. Prior to version 10.1b8, the user was responsible for the task of adding these 1-minute bars to the chart and ensuring that they were setup properly. Now, MarketDelta will automatically add these invisible 1-minute bars to the chart with the proper setup. In short, the user now will get the most accurate Volume Profile based upon available data without having the hassle of adding additional bars/instruments to the chart. The enhancements on this front have been accumulating over recent releases, but at this point, the user should now see the most accurate volume profiles without having to worry about any details other than the Profile Indicator preferences.

Mixed Periodicity Data (MPD) Enhancements Description
The MPD Indicator within multi-pane charts runs MUCH more efficiently when bars of the MPD periodicity and instrument are added invisibly to the chart. MPD then uses those invisible bars without having to load data each time it calculates. The net effect is a much more efficient MPD. Prior to version 10.1b8, the user was responsible for the task of adding these invisible bars to the chart and ensuring that they were setup properly. Now, MarketDelta will automatically add these invisible bars to the chart with the proper setup. In short, the user now will get the most efficient implementation of MPD each time without needing to be concerned with hassle of adding additional bars/instruments to the chart. This is a very convenient enhancement for user of the MPD indicator.