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mikhail_marka
Dec 1, 2020 6:15 PM

Volume+Delta 

COINBASE:BTCUSD60
Bitcoin / United States DollarCoinbase

Description

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Indicator shows Volume and Delta, if Delta is positive - its green, if negative - its red

Release Notes

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Some visual modifications for comfortable use

Release Notes

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Fixed an issue when volume dissapears if delta equals 0

Release Notes

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Added Volume MA

Release Notes

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Updated to version 5, some minor changes
Trend AnalysisVolumeVolume IndicatordeltaVSA
Comments
DocRR
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Hey mikhail_marka
Clean and simple. Thank you for that. Would you mind to share a piece of code to how to calculate volume delta?
mikhail_marka
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@DocRR, Hello! Unfortunately, originally this is not my script, so i can't do it. You can try to ask its author - dutta.anupam.02
DocRR
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@mikhail_marka, thank you for refferring!
MrPerez_555
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@mikhail_marka, Mikhail how to interpret or read the size of delta columns? For example, current sell delta column has 500 units, and the consequent buy delta column will have 585 units. Does this mean that those buy delta column shows probability (of course, under other facts such as strong level, trend priority, etc.) to move higher?
The size of buy/sell delta column tells... what?
mikhail_marka
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@MrPerez_555, if you see green delta, for example-that means that there were more buys than sells, the more column is green the stronger is buyer.Does it make sense?
MrPerez_555
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@mikhail_marka , thanks. It's clear.
trampad32
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Индикатор отличный спасибо, еще бы кумулятивную дельту такую же
krishina
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Interessante
mikhail_marka
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@krishina, ja genau)
zschonn
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@mikhail_marka thanks for your invention, can you tell me what are colours 0-2 under volume ? are these up/down/neutral ?
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