...

Overview

The purpose of the tool is to provide a quick and visual display of the trade flow imbalance. In other words, it gives an easy to see monitor showing buying activity vs. selling activity

Expanding window

Feature Summary

• Delta calculation windows starts at some point and updates continuously - more on this below

• Displays buying volume and selling volume as meters

• Displays buying vs. selling pressure as ratio or delta

• Widget is resizable and can be on chart or detachable as a separate window

• Supports visual settings to control colors, line widths, font size and show/hide

...

Delta - represents the amount of buying vs. the amount of selling in the market that is happening in the market. The meaure measure of delta is taken always over some time period.

Balance, imbalance and dominance - delta is a measure of the dominance between the buyers and sellers. In a perfectly balanced market, delta will be 0. It basically means a small number around 0 and would imply that neither the buyers or sellers are in control. When delta grows either way it gives an indication of imbalance . and which one is currently in control (buyers or sellers)

Setting the Calculation Window Starting Point

...