The Cumulative Delta Candlestick indicator by VolSys allows you to display through Candlesticks at the bottom of the chart, the sum of the cumulative delta of each candle, that is, the difference between sell market and buy market, allowing the user to identify which side of the market is more aggressive. Candlestick display may make it easier for some users to identify divergences between cumulative delta and price.

INDEX

• Use Settings
  • Parameters
    • Reset on new day
    • Type
    • Lenght
  • Series

Use Settings

Clicking on the indicator's settings icon will open its configuration window, within which you can make several choices regarding the indicator's functionality. 

• Parameters

• Reset on new day

If enabled it allows you to restart with the cumulative delta calculation every session start.

• Type

Lets you choose the type of indicator to use. Two variants are available: Simple and Exponential.

• Lenght

Lets you choose the length of the indicator

• Series

In this section you can define the indicator colors; the style of the series and the line thickness.

In the Average section you can change the color of the moving average, define its style and line thickness. Also, you can enable standard deviations from the moving average.