Delta Pulse Oscillator — GSK-VIZAG-AP-INDIA

“Delta Pulse Oscillator visualizes buy vs. sell pressure using smoothed delta %, baselines, and crossover markers.”

📌 Delta Pulse Oscillator — GSK-VIZAG-AP-INDIA

The Delta Pulse Oscillator is a custom-built momentum tool that measures the balance between buying and selling activity and smooths it with moving averages. It provides a visual representation of percentage delta strength with dynamic coloring, baseline levels, and crossover markers.

🔎 Key Features

Delta EMA (%) Line → Shows the smoothed percentage difference between simulated buy and sell volumes.

Signal EMA Line → A shorter EMA applied on Delta EMA to highlight momentum shifts.

Baseline Levels

0 line (neutral balance of buy/sell activity).

+5 baseline (stronger positive pressure).

-5 baseline (stronger negative pressure).

Dynamic Coloring → Green when Delta EMA is above zero, red when below.

Cross Dots

Yellow dots mark when Delta EMA or Signal EMA crosses the zero line.

Orange dots appear when Delta EMA crosses the +5 or –5 baselines.

Green/Red dots highlight when both EMAs stay above +5 or below –5.

Background Fills → Visual zones for positive and negative regions.

🧩 How It Can Be Used

Helps to visualize buying vs. selling pressure in real time.

Highlights when momentum is strengthening or weakening around defined baseline levels.

Useful as a confirmation tool when combined with other forms of analysis.

⚠️ Note: This script is for educational and analytical purposes only. It is not a trading strategy and does not provide buy/sell signals. Always use with additional tools, price action, and proper risk management.