OFX Delta
- Indicators
-
Malik Muhammad Naveed
========================================================
ABOUT THE SELLER / AUTHOR (for MQL5 profile & products)
========================================================
----------------------------------------
SHORT VERSION (profile "About me" / signature) - Version: 1.10
========================================================
OFX DELTA — MQL5 MARKET PRODUCT DESCRIPTION
(formatting notes: **bold** = editor Bold button;
lines starting with "•" = bullet-list button;
UPPERCASE lines = section headings)
========================================================
SHORT TITLE (product name field):
OFX Delta — Per-Bar Volume Delta / Order-Flow Imbalance for XAUUSD (Gold)
-------------------------------------------------------
OVERVIEW
-------------------------------------------------------
**OFX Delta** shows the real order-flow inside every candle: how much aggressive
**buying** hit the market versus aggressive **selling**, drawn as a clean
green/red histogram. In one glance you see whether each bar was truly driven by
buyers or sellers — not just where price closed.
Purpose-built and validated for **XAUUSD (Gold)**, recommended on **H1**.
-------------------------------------------------------
WHAT IT DOES
-------------------------------------------------------
• **Per-bar delta** — aggressive buy volume minus aggressive sell volume for each
bar (delta = buy − sell).
• **Colored histogram** — green bars = net buying, red bars = net selling, so
pressure is obvious at a glance.
• **Buy/sell split in tooltip** — hover a bar to see the breakdown behind the delta.
• **Honest by design** — a feed-quality badge is stamped **TRUE** (real volume) or
**PROXY** (feed-limited), so you always know the quality of the read.
• **Stands alone** — a pure order-flow engine; it does not blend with other tools,
so the read stays clean.
-------------------------------------------------------
KEY ADVANTAGES
-------------------------------------------------------
• **See the truth inside the candle** — spot buying/selling pressure a plain price
chart hides.
• **Instant read** — green/red histogram, no clutter.
• **Confirm or fade moves** — strong delta with price = conviction; delta against
price = a warning.
• **Built for gold** — tuned for XAUUSD, recommended on H1 (runs on other symbols).
• **Fast and stable** — recomputes only the trailing bars on each tick, so it stays
light on lower timeframes.
• **No guessing** — transparent TRUE / PROXY feed badge.
-------------------------------------------------------
PART OF THE OFX ORDERFLOW SUITE — ALL ENGINES WORK TOGETHER
-------------------------------------------------------
OFX Delta is **one engine in the OrderFlow (OFX) suite** — a set of indicators
built as **one connected system, not separate tools.** Each engine reads a
different, independent side of the same gold market, and they are designed to agree:
• **OFX Delta** (this product) + **OFX CVD** — raw order-flow (per-bar delta and
cumulative delta + divergence)
• **OFX MoneyFlow** — money-flow pressure (CMF / MFI style)
• **OFX ICT** and **OFX KillZones** — higher-timeframe bias, FVG and session timing
• **OFX Heatmap** — where liquidity is resting across levels
• **OFX Book** — live order-book / DOM imbalance
• **OFX Dashboard** — the cockpit that reads all the engines in one panel
When several independent engines line up in the **same direction**, the read is far
stronger than any single tool. **OFX Delta is the foundation layer** — the raw
buy/sell pressure the other engines build on. Use it on its own, or add the rest of
the suite for multi-engine confluence.
-------------------------------------------------------
REQUIREMENTS
-------------------------------------------------------
• Symbol: **XAUUSD (Gold)** recommended (runs on other symbols too)
• Recommended timeframe: **H1**
• Best with a broker feed that provides **real volume**; otherwise it labels the
read PROXY and says so.
• MetaTrader 5.
-------------------------------------------------------
HOW TO USE
-------------------------------------------------------
1. Attach OFX Delta to an **XAUUSD H1** chart — it opens in a separate window.
2. Read the green/red histogram for buying vs selling pressure per bar; hover a bar
for the buy/sell split.
3. Trade with pressure, and confirm with the rest of the OFX suite for
higher-conviction entries.
-------------------------------------------------------
INPUTS / PARAMETERS
-------------------------------------------------------
• **InpHistoryBars** — Bars of history to compute the delta over (default: 500)
• **InpRecalcBars** — Trailing bars recomputed on each tick, for speed (default: 3)
• **InpNetOnly** — true = show delta only; false = also split buy/sell in the
bar's tooltip (default: false)
-------------------------------------------------------
NOTE ON DATA HONESTY
-------------------------------------------------------
OFX only shows metrics your broker's feed can actually support. Where real volume
isn't available it labels its read **PROXY** instead of inventing numbers. This is
by design.
