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. |
Alert | Ability to set a sound alert when the indicator finds the specified delta values. |
Indicator
Name | Description |
Show Indicator | Enabling or disabling the indicator display on the chart. |
Show Title | Enabling or disabling the indicator name display in the information line. |
Show Values | Enables or disables the indicator value display in the information line. |
Show Markers | Enabling or disabling the indicator markers display on the scale. |
Area | Selection of an area to display the indicator. |