PROTECTED SOURCE SCRIPT
SAPSAN TRADE: Cumulative Delta - Japanese candlesticks
SAPSAN TRADE: Cumulative Delta - Japanese Candlesticks
This indicator visualizes the cumulative delta of trading volume using Japanese candlestick representation. It provides a clear view of buying and selling pressure over time, helping traders analyze market sentiment and momentum.
Features:
Displays cumulative delta as candlesticks with shadows, reflecting the volume-driven price movements.
Green candles indicate net buying pressure, red candles indicate net selling pressure.
Approximates delta for wicks to provide a more accurate visual representation of intrabar activity.
Useful for spotting trends, reversals, and potential entry/exit points based on market delta dynamics.
Usage:
Ideal for traders looking to understand the imbalance between buyers and sellers, monitor momentum, and enhance trading decisions with volume-based insights.
This indicator visualizes the cumulative delta of trading volume using Japanese candlestick representation. It provides a clear view of buying and selling pressure over time, helping traders analyze market sentiment and momentum.
Features:
Displays cumulative delta as candlesticks with shadows, reflecting the volume-driven price movements.
Green candles indicate net buying pressure, red candles indicate net selling pressure.
Approximates delta for wicks to provide a more accurate visual representation of intrabar activity.
Useful for spotting trends, reversals, and potential entry/exit points based on market delta dynamics.
Usage:
Ideal for traders looking to understand the imbalance between buyers and sellers, monitor momentum, and enhance trading decisions with volume-based insights.
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.