• Overview
  • Reviews (3)
  • Comments (53)
  • What's new

Delta Single Volume

Volume Delta is a very powerful indicator that reads the supply on the Market.

It calculates the Delta from movement of the price and the difference of BUY and SELL volumes.

Its special structure allows you to get all timeframe values available on the MT4 platform.

A good observation of this instrument can suggest great entry points and possible reversal.

We are confident that this tool will help you to improve your trading timing.


Inputs

  • COLOR-SIZE SETTINGS
    • Positive Color
    • NegativeColor
    • TextColor
    • ZeroColor
    • TextFontSize
  • TF VISIBILITY/ALERT
    • Visible_M1 (true/false)
    • Visible_M5 (true/false)
    • Visible_M15 (true/false)
    • Visible_M30 (true/false)
    • Visible_H1 (true/false)
    • Visible_H4 (true/false)
    • Visible_D1 (true/false)
    • Visible_W1 (true/false)
    • Visible_MN1 (true/false)
    • Enable Alert (true/false)
    • Enable Alert On Mail (true/false)
    • Enable Push (true/false)
  • ARROW SETTINGS
    • Show_Arrow_On_Signal (true/false)

    • BUY_Arrow_Color
    • SELL_Arrow_Color

    • Arrow_Size

  • POSITION ON CHART
    • X
    • Y
    • Corner
FXsolutions
174
2016.12.15 09:49 
 

ATTENTION!

I bought this indicator because the description clearly says that VOLUME is part of the calculation of the delta. But this indicator calculates the delta ONLY BASED ON PRICE. The delta is the difference between the close and the open of the actual candle of each timeframe. If the price is higher than the close of the previous candle then it will show green values. The number is the difference of the price in PIPS. You can clearly see this behavior in the video during e.g. minute 1:45 to 2:15. I also see this on my own charts.

VOLUME IS NOT PART OF THE CALCULATION!!! THEREFORE THIS INDICATOR HAS NO PREDICTIVE VALUE BASED ON VOLUME AS IT STATES!!!

Don't know why this indicator got positive reviews and comments. Maybe friends commented here or unexperienced traders.

4xNewGuy
19
2016.10.07 13:29 
 

First indicator I've bought, and probably the last one I'll need.

Accurately predicted the recent surge in the USD/CAD, and the drop int the GBP/JPY (after that really sudden, random drop that occurred).

I've been trying to figure out a way to gauge the momentum in the forex markets, in terms of entries. This one removes all of that guess work.

Great indicator. Will likely pay for itself on a micro account within a month.

tuanyer
901
2016.05.01 01:14 
 

Very good entries.....really high quality.

Version 4.12 - 2016.10.03
Add inputs:

Enable Alert On Mail (true/false)
Enable Push (true/false)
Version 4.11 - 2016.08.16
v4.11 Defect on Enable_Alert: now it is separated from Show_Arrow_On_Signal
Version 4.10 - 2016.04.29
Add ARROW SETTINGS:
- Show_Arrow_On_Signal (true/false)
- BUY_Arrow_Color
- SELL_Arrow_Color
- Arrow_Size
Version 4.0 - 2016.04.15
Add input:
Show_Arrow_On_Signal (true/false)
Version 3.10 - 2016.03.02
Correct a little bug on Alert description.
Version 3.0 - 2016.02.25
v3.00
Added symbol and TF in Alert description.
Version 2.0 - 2016.01.04
v2.00

Add new input

"TF VISIBILITY/ALERT" to select TF and eneble/disable Alert:
- Visible_M1
- Visible_M5
- Visible_M15
- Visible_M30
- Visible_H1
- Visible_H4
- Visible_D1
- Visible_W1
- Visible_MN1
- E_Alert
"POSITION ON CHART" to move indicator on chart:
- X
- Y
- Corner