OPEN-SOURCE SCRIPT
Cumulative Buy/Sell — with HTF Confirmation Arrows
Orange line = HTF Delta (15m default).
• Blue line = Chart Delta (5m default).
• Green arrow ↑ = Buyers confirmed (both chart + HTF Delta positive).
• Red arrow ↓ = Sellers confirmed (both chart + HTF Delta negative).
This makes the arrows appear only when both timeframes agree, which removes a lot of false noise.
• Blue line = Chart Delta (5m default).
• Green arrow ↑ = Buyers confirmed (both chart + HTF Delta positive).
• Red arrow ↓ = Sellers confirmed (both chart + HTF Delta negative).
This makes the arrows appear only when both timeframes agree, which removes a lot of false noise.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.