Cumulative Volume Delta

Cumulative Volume Delta means cumulative delta for a certain period of time. If classic Delta shows the difference between market buys and sells for each bar separately, Cumulative Delta displays the entire dynamics of balance of market buys and sells starting from a certain point of time (from the beginning of a trading session or contract).

Indicator view on chart:

*Note! When installed, the indicator has default settings and these settings are not suitable for all instruments and time frames, so the indicator needs to be configured.

In order to add and set this indicator, open Indicator Settings.

Cumulative Volume Delta Indicator Settings

Histogram - histogram color setting:

Positive
Negative

Misc

Mode - visualization of the cumulative delta display on the chart.

There are 3 display modes available:

Candles
Bars
Line

Session Delta Mode - a mode in which the Cumulative Delta will be calculated only for the session. If this mode is disabled, then the Cumulative Delta is calculated from the very beginning of the chart.

Use scale - enables/disables auto scaling of the indicator.

Show Description - display the title on the indicator panel.

Drawing

Panel - select the indicator position on the chart:

New panel.
Chart.

Line

Show zero values

Show current value

Scale - if this option is enabled, the scale will be automatically calculated based on the minimum and maximum values of the indicator in order for the indicator to fit on the chart.

Color - select the color.

Type - a visual setting of the indicator display on the chart:

Line
Histogram
Hash
Block
Cross
Square
Dots
Up arrow
Down arrow
Axis label
Hide

Line style - set the type of the line display:

Dot
Solid
Dash
Dash - dot
Dash - dot - dot

Width - set the thickness of the indicator line.

Candles

Show current value

Visible - enable/disable the display.

Scale - enable/disable auto scaling.

Up Candle Color - choose the color of up candles.

Down Candle Color - choose the color of down candles.

Candle Border - choose the color of a candle’s border.

Mode

Candles
Bars

Draw above price

Ignored by alerts

Lines

Zero

Scale - if this option is enabled, the scale will be automatically calculated based on the minimum and maximum values of the indicator in order for the indicator to fit on the chart.

Color - select the color.

Line style - set the type of the line display: