Provides a quick and easy to see visual of the buying vs. selling pressure within the market.
The calculation window has two options
We’ll start with rolling:
The starting point of the expanding window can be set in various ways.
Manually reset now - press the reset button at any time to start cumulating from this point in time and onwards
At the start of each bar - resets on the first tick of each bar - in this mode, it shows the delta for the current bar
From some bar - using the cross hair, select a bar, right click and hit the menu “T29 Delta Gauge: Start From Here” - the gauge will calculate the delta from that bar to the right and update as new trades come in
Since the last position was entered - the gauge monitors positions for the chart symbol its applied to. Once it detects a new entry, it will automatically reset itself and start tallying the delta