Intrabar Volume Delta — RealTime + History (Stocks/Crypto/Forex)

The Intrabar Volume Delta — RealTime + History (Stocks/Crypto/Forex) indicator provides a visual breakdown of order flow within every candle, displaying Up/Down volume, absolute or relative Delta, and UpShare percentage in a compact grid. It aims to offer a "panorama" view of market sentiment by combining real-time tick-based accumulation with sophisticated historical volume splitting logic.

Usage

The indicator can be used to gauge intraday momentum and market bias by observing the relationship between volume and price movement within individual bars.

• Scalping: Use the real-time UpShare% and Delta spikes on M1 or M5 timeframes to identify aggressive buying or selling pressure for quick entries.
• Trend Confirmation: Align the multi-timeframe (MTF) dashboard across several horizons (e.g., M5, M15, and H1); when the Delta and Trend indicators align, it suggests a stronger directional bias.
• History Mode Adjustment: Depending on the asset class, users can switch between history modes to better approximate past order flow. For example, "Price Action Based" mode helps visualize historical distribution in Crypto or Forex where true exchange volume might be limited.

Details

This tool utilizes a two-pronged approach to data calculation:

• Real-time: For the open bar, it tracks every price tick. Upward ticks contribute to UpVol and downward ticks to DownVol, providing an accurate approximation of live order flow.
• History: Since historical tick data is often unavailable on standard timeframes, the script uses several selectable models to split volume:
  • Approx: Allocates 100% of volume to the bar's direction (Bullish = Up, Bearish = Down).
  • Price Action Based: Uses the Close's position within the High-Low range to mathematically divide volume, providing a more nuanced historical view.
• Contextual Opacity: To reduce visual noise, the indicator can dynamically adjust the transparency of text based on the strength of the Delta or Share percentage, making significant moves stand out.

Settings

Display

• Toggle Rows: Enable or disable individual rows for Volume, Up/Down volume, Delta, and UpShare%.
• Delta Display: Choose between Absolute units, Relative percentage, or both.

Realtime & History

• History Mode: Select how historical bars are calculated (Auto, None, Approx, or Price Action Based).
• Compact Numbers: Shortens large volume figures (e.g., 1.2M instead of 1,200,000).

Theme & UI

• Row Spacing & Top Row Y: Adjust the vertical position and gap between grid rows.
• Text Size: Set the font size for grid labels.

Dashboard Settings

• Enable Dashboard: Toggles the multi-timeframe summary table.
• Timeframes (M1-D1): Select which timeframes to calculate and display in the dashboard.

Contextual Coloring

• Enable Contextual Coloring: Scales text transparency based on signal strength.
• Caps: Define the percentage levels at which the text becomes fully opaque.

Alerts

• Delta/Share Thresholds: Set specific levels for absolute Delta or UpShare percentage to trigger notifications.
• Relative Delta Alert: Triggers when the percentage of Delta exceeds user-defined positive or negative limits.

FAQ

Why do historical bars show 0% or 100% UpShare? This typically occurs when using the "Approx" history mode, which assigns all volume to the candle's direction. To see more varied historical values, switch the History Mode to "Price Action Based."

Does this indicator use true exchange order flow for Forex? Most Forex data on TradingView uses tick volume rather than exchange volume. The indicator treats these ticks as the basis for the Delta and Share calculations, which remains a highly effective proxy for intraday flow.

How can I access the Intrabar Volume Delta — RealTime + History (Stocks/Crypto/Forex) indicator? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.