PROTECTED SOURCE SCRIPT
Volume Delta
Updated
Volume Delta
This indicator aims to provide users an idea for momentum and exhaustion, via differentiating between the buy delta and sell delta.
The purpose of this indicator is to give a deeper dive into the data provided by tradingviews volume indicator with greater granularity intrabar from a HTF perspective! (suitable for 30min and up but will work as low as 5m)
Below we can see an additional 2 modes,
Split:
Delta:
The difference between the 3 modes include:
Split is a separation of the initial mode "Singular" it divides the 2 into separate axis positioning to allow for a different perspective of the same data.
Delta: Takes the difference of the 2 and makes it easier for users to see which side was in control, personally delta makes it easier to see DIVS in momentum and where exhaustion is occuring.
This indicator aims to provide users an idea for momentum and exhaustion, via differentiating between the buy delta and sell delta.
The purpose of this indicator is to give a deeper dive into the data provided by tradingviews volume indicator with greater granularity intrabar from a HTF perspective! (suitable for 30min and up but will work as low as 5m)
Below we can see an additional 2 modes,
Split:
Delta:
The difference between the 3 modes include:
Split is a separation of the initial mode "Singular" it divides the 2 into separate axis positioning to allow for a different perspective of the same data.
Delta: Takes the difference of the 2 and makes it easier for users to see which side was in control, personally delta makes it easier to see DIVS in momentum and where exhaustion is occuring.
Release Notes
Removed unused settingRelease Notes
Made it compatible with more timeframes Release Notes
Just updated so zooming out wont hide the volumeRelease Notes
Updated capabilities, more data, will work on 1min and below too. Any bugs let me know Release Notes
Added toggle in settings-Toggle to change data ingestion so all accounts can load the indicator (reduces data ingestion so less accurate)
Twitter: twitter.com/cubansedge
Discord: discord.com/invite/NqDfZgxeku
Discord: discord.com/invite/NqDfZgxeku
Disclaimer
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