spacemanbtc

DeltaPrint Singularity

spacemanbtc Updated   
DeltaPrint Singularity

DeltaPrint Singularity is a method of bringing a previous DeltaPrint Candles with less granularity but greater historical reference.
The advantages is the ease of use with existing charts and indicators without adjusting for low tf chart for UI Space this is all handled on the same timeframe using intrabar data.

The benefit of such candles is providing users additional data as to location of potentially trapped traders via late entry into positions e.g. late longing a range high or VAH.
Or to provide credence to traders who look for momentum plays seeing momentum drop off likely leading to a period of consolidation or pull back.
The logic used here is different to the previous rendition of the indicator but works well with any and all charts that allow some reference to volume.

This indicator aims to provide users the insight into how traders are positioning and where they are positioning. The indicator comes with a few initial features:
  • Singular Coloring
  • Delta Coloring
  • POC Highlighting

Singular Coloring is useful by providing a minimalist view into volume execution points.
Delta Coloring breaks this down further by providing an estimate into ask:bid (although delta print will be stronger at this)
POC highlighting provides only the volume POC and not Delta POC.


Planned Updates
Delta Weighting
POC Level Extensions
Alerts
Release Notes:
New Granularity Toggle
When disabled, the granularity will decrease for data, however this will increase historical lookback!
Release Notes:
NPOCS ADDED

ToDo:
New feature coming soon, greater control over level coverage
Release Notes:
Default Singular colour updated
Release Notes:
3 New Features

  • Ticksize Control
  • Aggregate Data (work in progress)
  • Manual weighting

Ticksize Control

Tick Auto

Aggregate Data can be toggled, to ingest data from multiple exchanges in order to estimate a better representation of crypto flow as a whole.
Manual weighting, base the candles weighting of POC and deltas on a custom input, (use only if you are certain it is what you need).
Can be useful for highlighting areas that pass a threshold making all other candles less relevant.
Release Notes:
Updated a setting title
Release Notes:
Now compatible with the LTF
All timeframes under 30m have more data, Can be used on 1min!
Release Notes:
POC Only Toggle
Request by user to hide all display besides POC

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact spacemanbtc for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

Follow Twitter: twitter.com/cubansedge Join Discord: discord.com/invite/NqDfZgxeku

Want to use this script on a chart?

Warning: please read before requesting access.