Largest Deltas
- Indicators
- Version: 1.0
- Activations: 5
Largest Deltas is a professional tool for MetaTrader 5 that performs real-time market volume analysis and precisely calculates the Difference in Trade Volumes (Delta) at each price level within a bar. The tool visualizes the most significant price levels where market activity was at its peak, providing the trader with a clear understanding of the balance of power between "bulls" and "bears."
Key Features and Advantages:
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💡 Identification of the Key Delta Level:
Automatically finds the price inside each bar with the maximum difference between buy and sell volumes. This is the point where one side dominated with the greatest force. -
🎯 Intuitive On-Chart Visualization:
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Displays markers (rectangles or triangles) directly on the chart, precisely indicating the price where the delta extremum was recorded.
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Color-coded indicators: Green for positive delta (buyer predominance), Red for negative delta (seller predominance).
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Customizable history depth determines how many recent bars to display markers for.
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📊 Detailed Comment with Analytical Table:
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Three operating modes: You can disable the comment, show data only for the last bar, or for any bar under the mouse cursor.
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A complete table with a breakdown for all price levels: buy volume, sell volume, total volume, and delta for each price.
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Table scrolling (using the UP / DOWN arrow keys) to view all data if the number of levels exceeds the set row limit.
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The row with the found delta extremum is automatically highlighted in the table with a ▲ or ▼ symbol.
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⚙️ High Performance and Optimization:
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Uses an intelligent data cache buffer, which prevents repeated heavy calculations when scrolling through history and ensures a fast response.
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Economical use of terminal resources.
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Who is this indicator for?
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For traders who use volume analysis (Volume Profile, VSA, Footprint).
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For scalpers and day traders who need to see the instantaneous balance of power.
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For anyone who wants to find confirmation for their trades in market volumes and identify significant support and resistance levels.
Main Settings:
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Drawing Type: Choice between rectangles ( rectangle ) and triangles ( triangle ).
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History Depth: The number of historical bars for which markers are displayed.
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Colors: Customization of colors for positive and negative delta.
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Comment Mode: Full control over the display of the information table.
