PROTECTED SOURCE SCRIPT
Advanced Cumulative Delta & Volume
Advanced Cumulative Delta & Volume (Heuristic-Based)
This offers a powerful cumulative delta visualization based on price action heuristics—perfect for traders without access to real bid/ask volume data.
Features
Cumulative Delta Calculation
Surge Detection
Visual Enhancements
Smoothed line and area chart for delta flow
Alternate background shading (light blue) for each timeframe interval—great for visual structure (e.g., every 30 minutes).
Color-coded:
Customizable Inputs
Ideal For:
This offers a powerful cumulative delta visualization based on price action heuristics—perfect for traders without access to real bid/ask volume data.
Features
Cumulative Delta Calculation
- Built using estimated delta (based on close position and volume).
- Includes a moving average-based surge detection system.
Surge Detection
- Highlights candles where delta exceeds a multiple of its average.
- Detects sustained surges across multiple bars for trend confirmation.
Visual Enhancements
Smoothed line and area chart for delta flow
Alternate background shading (light blue) for each timeframe interval—great for visual structure (e.g., every 30 minutes).
Color-coded:
- Yellow for bullish surges
- Black for bearish surges
- Green for positive delta /red for negative delta
Customizable Inputs
- Timeframe (for resampling logic)
- Surge thresholds
- Delta moving average length
- Volume weight adjustment
- Sustained bar count
Ideal For:
- Order flow enthusiasts without premium data feeds
- Scalpers & intraday traders
- Anyone wanting a visual edge on volume-driven moves
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.