Trade and Order book data now avaliable

We’ve recently added fields from “Trade book” and “Order book” that would help you gain deeper insights on how they impact the price. Below is the list of new fields added:

Trade book fields:

The below fields can be accessed across all timeframes, starting from 1 minute to a yearly timeframe

    • Buyer initiated tradesIndicates number of trades that were executed at a sellers/offer/ask price, a increasing number would indicate buyers are more aggresive than sellers
    • Buyer initiated trades quantity – Indicates quantity of trades that were executed at a sellers/ask price, a increasing quantity would indicate more number of shares are being bought at a price as requested by sellers.
    • Buyer initiated trades average quantity – Indicates the average quantity of trades for “buyer initiated trades”
    • Seller initiated trades – Indicates number of trades that were executed at a buyers/bid price, a increasing number would indicate sellers are more aggresive than buyers
    • Seller initiated trades quantity – Indicates quantity of trades that were executed at a buyers/bid price, a increasing quantity would indicate more number of shares are being sold at a price as requested by buyers.
    • Seller initiated trades average quantity– Indicates the average quantity of trades for “seller initiated trades”
    • Buyer vs Seller initiated trades ratioA ratio of “buyer initiated trades / seller initiated trades”, above 1 indicates that buyer initated trades are more than seller for the given timeframe
    • Buyer vs Seller initiated trades quantity ratioA ratio of “buyer initiated trades quantity / sellerinitiated trades quantity”, above 1 indicates that buyer initated quantity of trades are more than seller for the given timeframe
    • Buyer initiated trades VWAP – Volume weighted average price (VWAP) of trades that were initiated by buyers
    • Seller initiated trades VWAP Volume weighted average price (VWAP) of trades that were initiated by sellers

These fields can be used to evaulate trades for intraday, short or long term, as they are avaliable across all timeframes. There has been limited research on these fields, as their avaliability is limited, considering the amount of data that needs to be processed for these. Here’s one interesting research paper on this.

Order book fields:

The below fields can be accessed across all timeframes, starting from 1 minute to a yearly timeframe

    • Orders Indicates the orders received for the specified timeframe, eg: total orders within a minute
    • Orders Quantity – Indicates the quantity of orders received for the specified timeframe, eg: total order quantity within a minute
    • Buy Orders Indicates the “Buy orders” received for the specified timeframe
    • Buy Orders Quantity Indicates the “Buy order” quantity received for the specified timeframe
    • Sell Orders Indicates the “Sell orders” received for the specified timeframe
    • Sell Orders Quantity  Indicates the “Sell order” quantity received for the specified timeframe
    • Buy vs Sell orders ratioA ratio of “Buy orders / Sell orders”, above 1 indicating buy orders are more than sell orders  
    • Buy vs Sell orders quantity ratio A ratio of “Buy orders quantity / Sell ordersquantity”, above 1 indicating buy order quantities are more than sell order quantity
    • Cancelled Buy Orders – Indicates the total buy orders cancelled in the specified timeframe
    • Cancelled Buy Orders Quantity Indicates total buy orders quantity cancelled in the specified timeframe
    • Cancelled Sell Orders Indicates the total  sell orders cancelled in the specified timeframe
    • Cancelled Sell Orders Quantity Indicates the total  sell orders  quantity cancelled in the specified timeframe
    • Total Cancelled orders Indicates the total orders cancelled in the specified timeframe
    • Total Cancelled orders quantity – Indicates the total order quantity cancelled in the specified timeframe
    • Cancelled orders ratioA ratio of “Cancelled orders / Orders”, gives an idea on the pie of orders being cancelled from the ones received
    • Cancelled orders quantity ratio A ratio of “Cancelled orders quantity / Orders quantity”, gives an idea on the pie of orders quantity being cancelled from the ones received
    • Buy Orders Vwap – Volume weighted average price (VWAP) of buy orders.
    • Sell Orders Vwap – Volume weighted average price (VWAP) of sell orders.
    • Orders Vwap – Volume weighted average price (VWAP) of all orders.

The order numbers indicated above, are the actual orders(not disclosed) for cash market & hence the values will not match with the market depth as seen within your brokers terminals, which helps in getting a much clearer picture on how this is driving the price of a stock.

These new fields can be used in combination of existing functions, eg: SMA, Min,Max, Count and so on.. to derive onto more complex indicators.

Sample dashboards

Buyer vs seller initiated trades

While we are working on adding more scans & dashboards for the same, I wanted you to be updated on the addition of these new fields. Hope these are useful for gaining more insights along with the existing fields on technical analysis

Change colors for table columns, line, bar and Pie charts

We’ve released support to change/customize colors for widgets, including table colors for table columns, line, bar and pie charts. Below is a demo showing the process to change colors:

Customizing colors as per your needs would help you easliy identify the levels/columns that interest you first. Color changes can be made to Tables as well any types of Chart(pie/line/bar/area).

 

Now create your own Custom Indicators !

We’ve recently added the ability to create your own custom/derived indicators using existing indicators.

For example, you may have your logic of HLC3 as is “high  + low + close / 3” & would want to use this across multiple filters in different/same scans/widgets. Until now, you’d need to copy/write the logic whereever it would required.

With “custom indicators”, you can simply define its logic as:

HLC = ( current candle high + current candle low + current candle close ) / 3

Here’s the custom indicator for the above logic: https://chartink.com/indicator/hlc3

The above created indicator can then be used to create new scans/widgets: https://chartink.com/screener/close-above-hlc3 (notice the HLC indicator selection)

These are similar to having a value saved in a variable/temp working space and then using it across in multiple scans. Note, while using it across scans, you can select the timeframe for its calcuation, eg: Daily/Weekly/Monthly or Intraday candles giving you further flexibility.

To access a previous candle for a given timeframe, you can select “1/2.. candles ago”.

Below is another example from one of our users:

EOM – CUSTOM INDICATOR LOGIC
Scan using SMA on EOM(custom indicator)https://chartink.com/screener/eom-greater-than-20

 

New indicators & timeframes avaliable

The following indicators are added as per user request

  1. HMA (Hull moving average)
  2. VWMA (Volume-weighted moving average)
  3. Tema(Triple EMA)
  4. CMF(Chakin Money flow)
  5. AccDist(Accumulation & Distribution)
  6. Sum(total for the given period)
  7. Cmf(Chakin money flow)

Timeframes added:

  1. 25 minutes
  2. 45 minutes
  3. 3 hours

Example dashboard: https://chartink.com/dashboard/5832

The above features are avaliable for our Screeners and Atlas widgets.

Feature – Copy Widget

Now copy custom tables/charts from any scanner or dashboard and create your own custom widgets via our “Copy” feature, this allows you to build on existing charts/tables as per your view. Start by coping widgets from our top dashboards here: https://chartink.com/atlas


Widgets can be copied over by clicking on the “Copy” button and selecting the dashboard you’d want to copy to. Custom changes can be made once a widget is copied to your dashboard.

Launching Chartink Atlas

Atlas allows you to view a complete picture of the market on a single screen with auto updates. All dashboards can be customized to show information that you are most interested in, including RSI crossovers, Volume breakouts, Povit points and so on.

Features provided by atlas include:

  • Customize scan result columns, eg: Adding RSI as one of the result columns
  • Create new dashboards with custom scans/charts or tables3
  • Auto updates for premium members
  • Ability to drill down by clicking on the sector/industry or market cap names3
  • Sort scan result tables by any columns, like highest RSI, top % change, volume ..etcWe’ve created a few sample dashboards to help you monitor the markets:

* Intraday Market overview
* Volume Shockers
* Pivot points
* Daily Market overview
* Fundamental overview

Also note that you can drill down further to any of the sectors, marketcaps or indsutry by simply clicking on a bar/pie chart, eg:

We’ll soon be adding tutorials on the steps required to create your own custom scans/charts & tables for more insights on the markets.