Volume Delta Methods (Chart)
By LuxAlgoAug 3, 2023
Volume Delta Methods (Chart) brings order flow onto the price chart itself, plotting the net difference between buying and selling activity alongside buy/sell volume and total volume, each drawable as line, area, or candlestick series. Layered on top, cumulative volume delta aggregates that pressure over time, showing which side has controlled an entire move rather than a single bar.
How to Trade the Volume Delta Methods (Chart)?
- Positive delta: buying pressure leads the bar; negative delta: sellers dominate it.
- Delta polarity against bar polarity: when the two disagree, a divergence prints, an early clue for reversals, or for continuation hiding beneath the surface.
- CVD direction and divergences: sustained CVD trends reveal longer-horizon conviction, and price rising against a falling CVD deserves suspicion.
- Numerical values: optional labels for reading exact delta figures.
Two estimation modes drive the numbers: Intrabar Buying/Selling Pressure infers direction from where each lower-timeframe close lands within its bar's range, while Intrabar Polarity classifies by close versus open. A volume moving average and a CVD smoothing line are available for extra context.
Volume Delta Methods (Chart) Settings
- Calculation Method: 'Intrabar Buying/Selling Pressure' or 'Intrabar Polarity'.
- Lower Timeframe Precision (default Auto): granularity of the intrabar estimate.
- Presentation toggles: Volume Delta, Cumulative Volume Delta, and Divergences on or off.
- Advanced features: Volume Moving Average and CVD Smoothing Line.
- Colors, display length, and height are adjustable per element.
Frequently Asked Questions
Free on Vela
Run it on Vela. Go further with a paid plan.
- Up to 500 strategy alerts, with webhook automation
- Up to 10× the chart history of Free
- Orderflow lookback up to full history
- Up to 100,000 monthly credits for Quant to customize it
- Futures data alongside crypto, stocks, forex and commodities
Also works on
Run it on Vela. Make it yours with Quant.
Open this indicator free on Vela, our next-generation charting platform. Then ask Quant, our coding agent built into Vela, to retune it or turn it into a backtested strategy of your own.
.png&w=1200&q=75)