Volume Delta with Custom Colors and Min Delta Input

2월 13일

### Indicator Description: **Volume Delta with Custom Colors and Min Delta Input**

---

Volume Delta with Custom Colors and Min Delta Input is a powerful and flexible indicator for analyzing volume delta (the difference between buying and selling volume) on TradingView charts. This indicator visualizes volume delta with customizable colors and allows filtering based on a minimum delta value. It is an ideal tool for traders who want to gain deeper insights into market activity and identify significant volume changes.

---

### Key Features:

1. Volume Delta Visualization:
   - The indicator displays volume delta as candlesticks, where:
   - Green candles indicate positive delta (buying volume dominance).
   - Red candles indicate negative delta (selling volume dominance).
   
   
2. Customizable Colors:
   - Users can choose their preferred colors for positive and negative delta to tailor the indicator to their preferences.
   
   
3. Minimum Delta Volume Filter:
   - Added functionality to set a minimum delta volume threshold. This helps ignore insignificant volume changes and focus on important movements.
   
   
4. Flexible Timeframe Selection:
   - The indicator supports analyzing volume delta on a different timeframe than the current chart. For example, you can analyze hourly volume delta on a daily chart.
   
   
5. Adaptive Settings:
   - Users can configure the moving average (SMA) period and standard deviation multiplier to calculate the delta threshold.
   

---

### How to Use the Indicator:

1. Add the Indicator to Your Chart:
   - Search for the indicator in the TradingView library and add it to your chart.
   
   
2. Configure the Settings:
   - Positive Delta Bar Color: Choose the color for bars with positive delta.
   - Negative Delta Bar Color: Choose the color for bars with negative delta.
   - Minimum Delta Volume: Set the minimum delta volume value to be displayed.
   - Use Custom Timeframe: Enable if you want to analyze volume on a different timeframe.
   - Timeframe: Specify the desired timeframe for volume analysis (e.g., "1H" for hourly).
   - SMA Period: Set the moving average period for delta calculation.
   - Delta Multiplier: Adjust the standard deviation multiplier to fine-tune the delta threshold.
   
   
3. Analyze the Chart:
   - Green candles indicate buying volume dominance, while red candles indicate selling volume dominance.
   - Use the minimum delta volume filter to focus on significant movements.
   

---

### Benefits of the Indicator:

• Flexibility: Customizable colors, timeframe selection, and filtering make the indicator versatile for various trading strategies.
  
• Clarity: Volume delta visualization as candlesticks allows for quick assessment of market activity.
  
• Noise Reduction: The minimum delta volume filter helps ignore insignificant changes and focus on important movements.
  

---

### Example Use Cases:

• For Scalping: Use a minute timeframe and set a minimum delta volume filter to identify short-term volume anomalies.
  
• For Long-Term Trading: Analyze volume delta on daily or weekly timeframes to identify key support and resistance levels.
  

---

### Recommendations:

• Use the indicator in combination with other technical analysis tools (e.g., support/resistance levels or trendlines) to improve signal accuracy.
  
• Experiment with the settings to adapt the indicator to your trading strategies.
  

---

Volume Delta with Custom Colors and Min Delta Input is an essential tool for traders who want to gain a deeper understanding of market dynamics and make more informed trading decisions. Try it out today and see its effectiveness for yourself!

2월 13일

릴리즈 노트

### Indicator Description: **Volume Delta with Custom Colors and Min Delta Input**

---

Volume Delta with Custom Colors and Min Delta Input is a powerful and flexible indicator for analyzing volume delta (the difference between buying and selling volume) on TradingView charts. This indicator visualizes volume delta with customizable colors and allows filtering based on a minimum delta value. It is an ideal tool for traders who want to gain deeper insights into market activity and identify significant volume changes.

---

### Key Features:

1. Volume Delta Visualization:
   - The indicator displays volume delta as candlesticks, where:
   - Green candles indicate positive delta (buying volume dominance).
   - Red candles indicate negative delta (selling volume dominance).
   
   
2. Customizable Colors:
   - Users can choose their preferred colors for positive and negative delta to tailor the indicator to their preferences.
   
   
3. Minimum Delta Volume Filter:
   - Added functionality to set a minimum delta volume threshold. This helps ignore insignificant volume changes and focus on important movements.
   
   
4. Flexible Timeframe Selection:
   - The indicator supports analyzing volume delta on a different timeframe than the current chart. For example, you can analyze hourly volume delta on a daily chart.
   
   
5. Adaptive Settings:
   - Users can configure the moving average (SMA) period and standard deviation multiplier to calculate the delta threshold.
   

---

### How to Use the Indicator:

1. Add the Indicator to Your Chart:
   - Search for the indicator in the TradingView library and add it to your chart.
   
   
2. Configure the Settings:
   - Positive Delta Bar Color: Choose the color for bars with positive delta.
   - Negative Delta Bar Color: Choose the color for bars with negative delta.
   - Minimum Delta Volume: Set the minimum delta volume value to be displayed.
   - Use Custom Timeframe: Enable if you want to analyze volume on a different timeframe.
   - Timeframe: Specify the desired timeframe for volume analysis (e.g., "1H" for hourly).
   - SMA Period: Set the moving average period for delta calculation.
   - Delta Multiplier: Adjust the standard deviation multiplier to fine-tune the delta threshold.
   
   
3. Analyze the Chart:
   - Green candles indicate buying volume dominance, while red candles indicate selling volume dominance.
   - Use the minimum delta volume filter to focus on significant movements.
   

---

### Benefits of the Indicator:

• Flexibility: Customizable colors, timeframe selection, and filtering make the indicator versatile for various trading strategies.
  
• Clarity: Volume delta visualization as candlesticks allows for quick assessment of market activity.
  
• Noise Reduction: The minimum delta volume filter helps ignore insignificant changes and focus on important movements.
  

---

### Example Use Cases:

• For Scalping: Use a minute timeframe and set a minimum delta volume filter to identify short-term volume anomalies.
  
• For Long-Term Trading: Analyze volume delta on daily or weekly timeframes to identify key support and resistance levels.
  

---

### Recommendations:

• Use the indicator in combination with other technical analysis tools (e.g., support/resistance levels or trendlines) to improve signal accuracy.
  
• Experiment with the settings to adapt the indicator to your trading strategies.
  

---

Volume Delta with Custom Colors and Min Delta Input is an essential tool for traders who want to gain a deeper understanding of market dynamics and make more informed trading decisions. Try it out today and see its effectiveness for yourself!

2월 14일

릴리즈 노트

Add arert

2월 18일

릴리즈 노트

How to set up alerts
Add the indicator to the chart.
Open “Alerts” (Ctrl + A → Add Alert).
In the “Condition” field, select Volume Delta with Custom Colors and Min Delta Input.
Select the type of signal (sound, email, push notification, etc.).
Specify the frequency of the alert (Once, Every time, Once per bar).
Click Create.