This is Cumulative Delta Volume script. Delta refers to the difference between buying and selling volume at each price level. Cumulative Delta builds upon this concept by recording a cumulative tally of these differences in buying vs selling volume. The Cumulative Delta indicator plots as candlesticks or line. One of the main uses of Cumulative...
MARKET DELTA INDICATOR v0.5 beta
Market Delta is suitable for daytrading on intraday timeframes, is a volume based indicator which allows to see the UP VOLUME vs the DOWN VOLUME, the DELTA (difference) and the CUMULATIVE DELTA (cumulative sum of difference) between them
This indicator is based on contracts volume (data avaiable), not in ask/bid volume (data...
This script is based on the work originally done by kprsa for the Monster Cumulative Delta indicator, but adds Bollinger Bands and upgrades it to version 4 from version 1.
It is an approximation of the Cumulative Delta Volume that is usually based on volume differences between market and limit orders, but because that data is not available, this indicator...
The indicator is intended to evaluate the stock market , as it takes into account the data on the BUY and SELL of all US shares. In the indicator, you can select various methods for providing data.
Priority = (BUY - SELL) with a intraday cumulative effect.
Ratio = (BUY / SELL) with a intraday cumulative effect.
Delta = (BUY - SELL) on each candle.
Volume = (BUY +...
today another awesome Analysis Tool, that you can use in your trading journey: Cumulative Volume Delta (CVD) , also known as Cumulative Delta Volume (CDV)!
Volume says a lot about price action:
price drops with low volume? or price pumps but no volume increase?
big sellers volume but price does not drop? or big buyers volume but price does...
Cumulative Delta (Expo)
This is a variant of the famous Cumulative Delta function.
The indicator is designed to spot trends, give a sign when it’s rewarding to buy pullbacks and indicate when the market is overbought or oversold.
The indicator oscillates between the Top- and the Bottom- line. If the Candlesticks are above the midline,...