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INVITE-ONLY SCRIPT

Volume Delta

4 493
Volume Delta is the difference between buying and selling power. Volume Delta is calculated by taking the difference of the volume that traded at the offer price and the volume that traded at the bid price. If delta is greater than 0 you have more buying than selling pressure. If delta is less than 0, you have more selling than buying pressure. This indicator also has a pivots and alarms. Before i create this indicator i'd try all off them on market but all off them seems doing wrong calculation. Price - Some people say "Price Action is King but actually DELTA is King!

By default, this indicator displays “Delta Volume and can be set to:
Plot Levels
Volume

Default TF:
1M

Strategy:
If you get 3 gren delta in a row its buying signal and visa versa for short. You can also use more confirmation with overbought\oversold level.

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact DocRR directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

PM me for trial access.
Warning: please read our guide for invite-only scripts before requesting access.
DocRR
deltadeltavolumepriceactionpriceactiontradingVolume Indicatorvolumedelta

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.
deltadeltavolumepriceactionpriceactiontradingVolume Indicatorvolumedelta

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact DocRR directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

PM me for trial access.
Warning: please read our guide for invite-only scripts before requesting access.
DocRR

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.