Delta

Displays the difference between purchase volume and sales volume. This indicator allows you to visually assess the strength of the buyer and seller to determine the dominant side in the market.

Delta = Ask (volume of market buys) − Bid (volume of market sales)

Indicator settings

Style

Name

Description

Delta+

Selecting a color for displaying a positive delta.

Delta-

Selecting a color for displaying a negative delta.

Parameters

Name

Description

Type

Selecting the type of indicator display: Columns, Candlesticks.

Minimize

Enabling the compact display mode of the indicator.

By default, the delta indicator is plotted on both sides of the zero horizontal level. A positive delta is displayed at the top, and a negative one is displayed at the bottom. When compact mode is activated, the delta will only be plotted on one side.

Max. delta

Indicating the maximum possible delta value to be displayed in the indicator window.

Filter

Name

Description

Minimum

Indicating the minimum delta value for highlighting with a given color.

Maximum

Indicating the maximum delta value for highlighting with a given color.

Color+

Selecting a color for highlighting a positive delta.

Color-

Selecting a color for highlighting a negative delta.

Signal

Ability to set a sound alert when the indicator finds the specified delta values.

Indicator

Name

Description

Indicator

Enabling or disabling the indicator display on the chart.

Name

Enabling or disabling the indicator name display in the information line.

Values

Enables or disables the indicator value display in the information line.

Markers

Enabling or disabling the indicator markers display on the scale.

Area

Selection of an area to display the indicator.

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