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VolumeDelta

4.67

This indicator provides the analysis of tick volume deltas. It calculates tick volumes for buys and sells separately, and their delta on every bar, and displays volumes by price clusters (cells) within a specified bar (usually the latest one).

This is a limited substitution of market delta analysis based on real volumes, which are not available on Forex.

The indicator displays the following data in its sub-window:

  • light-blue histogram - buy (long) volumes;
  • orange histogram - sell (short) volumes;
  • light green histogram - delta between buys and sells;
  • green line - cumulative delta, EMA of delta; its values are multiplied by CumulativePeriod for scale adjustment - this makes it approximately the same size as the histograms;
  • blue and red arrows - mark those bars where volume direction contradicts price direction;
  • optionally - 2 moving averages (fast and slow) based on cumulative volumes.

Also, the indicator displays a table of split volumes for the current bar in the main window. The current bar is selected by means of yellow dotted vertical line (drag it to the required position). The table rows correspond to price clusters. The table contains the following columns:

  • price (a range of prices from specified value up to the next range);
  • sell volume;
  • delta of buy and sell volumes (positives are blue, negatives are red);
  • buy volume;
  • total volume (maximum values are highlighted in green).


Parameters

  • PointsPerCell - number of points forming a single price cluster; every cluster is shown as a row in a table with split volumes of current bar;
  • LastBars - number of bars for calculation; 0 means all bars;
  • CumulativePeriod - period for calculation of cumulative delta by EMA;
  • StickToBar0 - enable/disable special mode, when zero bar is always considered to be the current bar; if StickToBar0 is true, the dotted vertical line that marks the current bar is hidden, because automatic tracking of the 0 bar does not require the line;
  • Corner - corner to display the table; 1 - top right; 0 - top left; 2 - bottom left; 3 - bottom right;
  • CellWidth - width of the table cells;
  • CellHeight - height of the table cells;
  • ColorBG - table background color;
  • FontSize - table font size;
  • HideTable - if true, the table is not displayed;
  • HideMark - if true, the price label on the maximum volume level is not shown; when both HideTable and HideMark are true, the vertical line for selecting the analyzed bar is not shown as well;
  • HideBuySell - hide the columns for Buy and Sell volumes in the table and in the corresponding histograms;
  • ColorDefault, ColorPositive, ColorNegative, ColorMaximum - colors of the table cells;
  • ColorObjects - color of objects on the chart: the vertical line for selected bar and the price mark at maximal volumes;
  • MAFast, MASlow, MAMethod - parameters for moving averages; set the periods to 0 to hide them;
  • ShowAlerts - if true, alerts are enabled;
  • AlertsOnCompletedBar - if true, alerts are generated only on the newly completed bar, otherwise - dynamically (within the 0 bar); Specific types of alerts can be enabled by the corresponding options:
    • Bar Divergence - opposite sign of price and volume changes;
    • * Cumulative Divergence - divergence of the price line direction and cumulative volumes, calculated by linear regression channel of period 2*CumulativePeriod;
    • Fast and Slow MA Crossover - fast and slow moving average crossover;
    • Cumulative Zero Crossing - zero crossing by the cumulative volume line or fast MA, if it is enabled;

Supported timeframes: M5 and higher.

Comentários 3
NBSN
447
NBSN 2020.04.13 21:45 
 

A nice indicator. Well done!

Isboseth Vargas
32
Isboseth Vargas 2020.05.13 22:32 
 

It would be much better if you could move down the table , because is imposible to se the numbers on the top's tables so it is a very very good tool but I cant use it 100% just because is impossible to see the enterly data in the table as I want ... even so I give 4 stars because it is very good indicator...

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5 (3)
Identifica os intervalos e os próximos movimentos prováveis   |  Obter os primeiros sinais e a força das tendências   |  Obter saídas claras antes da reversão   |  Detetar os níveis Fibo que o preço irá testar Indicador não repintável e não atrasado - ideal para trading manual e automatizado - adequado para todos os activos e todas as unidades de tempo Oferta por tiempo limitado >>   50% OFF Após a compra,   por favor contacte-me neste canal  para obter as definições recomendadas Versão   MT5 :
Currency Strength Wizard é um indicador muito poderoso que fornece uma solução completa para uma negociação bem-sucedida. O indicador calcula o poder deste ou daquele par forex usando os dados de todas as moedas em vários intervalos de tempo. Esses dados são representados em uma forma de índice de moeda fácil de usar e linhas de energia de moeda que você pode usar para ver o poder desta ou daquela moeda. Tudo o que você precisa é anexar o indicador ao gráfico que deseja negociar e o indicador mo
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Daniel Stein
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TakePropips Donchian Trend Pro   (MT4) é uma ferramenta poderosa e eficaz que detecta automaticamente a direção da tendência usando o Canal Donchian e fornece sinais de negociação de entrada e saída! Este indicador multifuncional inclui um scanner de tendências, sinais de negociação, painel estatístico, rastreador, sessões de negociação e painel de histórico de alertas. Ele foi projetado para fornecer sinais de negociação e economizar horas analisando os gráficos! Você pode baixar o manual do us
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
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Stanislav Korotky
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This is an intraday indicator that uses conventional formulae for daily and weekly levels of pivot, resistance and support, but updates them dynamically bar by bar. It answers the question how pivot levels would behave if every bar were considered as the last bar of a day. At every point in time, it takes N latest bars into consideration, where N is either the number of bars in a day (round the clock, i.e. in 24h) or the number of bars in a week - for daily and weekly levels correspondingly. So,
The indicator draws a histogram of important levels for several major currencies attached to the current cross rates. It is intended for using on charts of crosses. It displays a histogram calculated from levels of nearest extremums of related major currencies. For example, hidden levels for AUDJPY can be detected by analyzing extremums of AUD and JPY rates against USD, EUR, GBP, and CHF. All instruments built from these currencies must be available on the client. This is an extended version of
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Isboseth Vargas
32
Isboseth Vargas 2020.05.13 22:32 
 

It would be much better if you could move down the table , because is imposible to se the numbers on the top's tables so it is a very very good tool but I cant use it 100% just because is impossible to see the enterly data in the table as I want ... even so I give 4 stars because it is very good indicator...

NBSN
447
NBSN 2020.04.13 21:45 
 

A nice indicator. Well done!

Xeniolla
23
Xeniolla 2017.01.26 21:32 
 

O usuário não deixou nenhum comentário para sua avaliação

Responder ao comentário
Versão 1.8 2021.11.18
Recompilation.
Versão 1.7 2017.06.20
- Added two buffers for the fast and slow moving averages based on cumulative volumes.
- Added parameters MAFast (7 by default), MASlow (12 by default) and MAMethod ('simple' by default) for adjusting the periods and calculation algorithms of the moving averages. To hide the new moving average lines, set their periods to 0.
- Added alerts for several events. To enable the alerts, use the ShowAlerts parameter (false by default, disabled). Alerts can be generated dynamically (inside a bar) or only on complete bars. These two modes are toggled by the AlertsOnCompletedBar parameter.
- Specific types of alerts are enabled by the corresponding options (all disabled by default):
* Bar Divergence - opposite direction of the bar and volume change (in the previous versions and in this version of the indicator it is marked with red and blue arrows);
* Cumulative Divergence - divergence of the price graph direction and cumulative volumes, calculated by linear regression channel of period 2*CumulativePeriod;
* Fast and Slow MA Crossover - fast and slow moving average crossover;
* Cumulative Zero Crossing - zero crossing by the cumulative volume line or fast MA, if it is enabled;
Versão 1.6 2016.04.21
- Added new option HideBuySell (false by default) to hide columns for Buy and Sell volumes in the table, as well as corresponding histograms.
- Improved columns alignment in tables when located in the left-side corners.
Versão 1.5 2015.09.07
A new parameter is added for customization of the color of the vertical line and the price mark at maximal volumes. The graph is now automatically refreshes up to specified number of bars if previously missing M1 data is downloaded.
Versão 1.4 2015.08.11
Added parameters to customize text colors in the table.
Versão 1.3 2015.06.03
Minor bugs are fixed.
Versão 1.2 2014.08.22
New parameters added:

- HideTable - if true, the table with splitted volumes is not shown; by default - false;
- HideMark - if true, the price mark on a level with volume maximum is not shown; by default - false;

When both HideTable and HideMark are true, the vertical line for selection of a bar under investigation is not shown as well. Also this line is now hidden if StickToBar0 is true, because automatic tracking of 0-th bar does not require the line.