Delta ZigZag

Delta ZigZag measures the volume behind every swing, splitting each ZigZag leg into bullish and bearish volume drawn from a lower timeframe or from real-time tick data. Legs are colored green and red in proportion to buy and sell participation, with the bullish percentage printed where the two colors meet — a direct read on whether volume delta supports the move or quietly contradicts it. Note that the tool backpaints: lines are aligned once swings confirm, and tick volume only accumulates from the moment the script loads.

How to Trade the Delta ZigZag?

• Leg dominated by green: buying carried the swing — trend legs backed by matching volume are the healthier ones.
• Buy share fading while price rises: advances on shrinking bullish volume warn of a weakening trend and possible reversal; the mirror applies to declines.
• Per-leg readouts: Average Volume Delta/bar, Average Volume/bar, and Normalized Volume Delta label each line for quick comparison between swings.
• Show Details: switches on per-bar examination — split bullish/bearish volume, total volume, and delta volume for every bar.

Bullish volume comes from candles closing above their open, bearish from candles closing below, and neutral bars are excluded. On one-bar legs the percentage label sits approximately between bars.

Delta ZigZag Settings

• Data from: picks the volume source — LTF pulls lower-timeframe volume, Ticks accumulates live trades.
• Res: the lower timeframe used in LTF mode, automatically capped at the chart's own timeframe.
• Left / Right: bars evaluated on each side of a swing point. Higher Left values broaden the ZigZag but delay its draw; Right at zero draws fastest at the cost of more direction swaps.
• Swing detection: can run on high/low or on close values.

Frequently Asked Questions

Does the Delta ZigZag repaint?

It backpaints by design: a line is fixed once its swing confirms, which is what makes the per-leg volume totals meaningful. In tick mode, volume builds from script load, so a freshly opened chart starts its tick history at that moment.

How is this different from Liquidity Swings?

Liquidity Swings concentrates on the activity parked at individual swing highs and lows, while Delta ZigZag totals directional volume along the whole leg connecting them. One reads interest at levels, the other reads effort along moves.

How can I access the Delta ZigZag?

It is free — add it to your chart directly from this page in the LuxAlgo Library and start comparing swing volume right away.