Cumulative Delta Candle Overlay

This indicator highlights price candles based on cumulative delta extremes to visualize aggressive buying or selling pressure relative to historical norms. It compares the current bar’s cumulative delta against either the average or a chosen percentile of the past N sessions, using color to reflect intensity: green for strong buying, red for strong selling, and white for neutral. Traders can use this tool to identify potential trend initiation, confirm breakouts, or detect exhaustion points where a reversal may occur. It works especially well when combined with VWAP, volume profile, or key support/resistance levels.