kernel_phi

Delta Volume

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318
Estimate the bid/ask volume by dividing the period into very small fragments.
Release Notes:

Parameters:
"Fragment Size" - use "01 min" for higher accuracy and "15 min" for better loading speed
"Period of Cumulative Delta" - period of sliding sum
"EMA Period of CD" - Apply EMA to Cumulative Delta

Plot:
"Green Bar" - Buy Volume
"Red Bar" - Sell Volume
"Purple Line" - Delta Volume
"Grey Area" - Cumulative Delta

IMPORTANT:
- Only use this indicator for intraday charts or 1-D charts. DO NOT use on weekly charts.
Release Notes:

- No longer need to input "Number of Fragments" manually
- Calculation of cumulative delta modified
Release Notes: Updates:

- Fixing bugs

- Adding the feature of total sum of delta volume (unrestricted by period)
*** change the period to 0 to enable this function ***
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Comments

@kernel_phi bro - can u told me what does it's mean?
"Grey Area" - Cumulative Delta

thank's a large
+2 Reply
@F-M-J, Just a total sum / partial sum of delta, also check out the new version: script/XX4kjzGD-Delta-Volume-v2-1-by-kernel-phi/
(or search for "Delta Volume v2.1")
Reply
New version: script/XX4kjzGD-Delta-Volume-v2-1-by-kernel-phi/
(or search for "Delta Volume v2.1")
Reply
Simple and useful man!. Are you planning to configure it for enabling higer timeframe resolutions than 15m? Thanks!!!
Reply
kernel_phi Juanmarm84
@Juanmarm84, New version: script/XX4kjzGD-Delta-Volume-v2-1-by-kernel-phi/
(or search for "Delta Volume v2.1")
+1 Reply
Would you be willing please to explain a bit how the Cumulative Delta is calculated? Thanks!
Reply
Parameters:
- use "1 minute" for higher accuracy and "5 minutes" for better loading speed
- period for partial sum of delta

Plot:
- Buy Volume
- Sell Volume
- Delta
- Cumulative Delta
Reply
kernel_phi kernel_phi
Parameters:
"Fragment Size" - use "1 minute" for higher accuracy and "5 minutes" for better loading speed
"Cumulative Delta" - period for partial sum of delta

Plot:
"Green Bar" - Buy Volume
"Red Bar" - Sell Volume
"Purple Line" - Delta
"Grey Area" - Cumulative Delta
Reply
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