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Feature Summary

  • Delta calculation windows based on seconds, number of trades or number of bars

  • Supports multiple lookback periods in a single widget

  • 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

Setting the Gauge Lookback Periods

The study supports multiple lookback periods in a single widget.

The study includes a setting “Gauge List” where you can enter a comma separated list of lookback periods.

Supports up to 5 values which gives up to 5 gauges in one window.

You can define the lookback in seconds, number of trades or the number of bars.

  • Seconds - for example 60s would give the buying volume, selling volume and delta within the last 60 seconds

  • Trades - for example 60t would give the buying volume, selling volume and delta within the last 60 trades

  • Bars - for example 3b would give the buying volume, selling volume and delta within the last 3 bars. The bar count starts from the current live bar. So a value of 3 means the current bar and two bars back

Example

60s, 90s, 600s - creates 3 gauges, 60 seconds, 90 seconds and 600 seconds

Gauge Width - control the width of each gauge - enter a list of %'s or leave empty if you just want them to all be the same. For example in the image above, we have 3 gauges set to 25,25 and 50

Save Gauge Size and Position When Closing Chart - when enabled, the widget position is saved when closing the chartbook

Orientation - the gauge can be oriented in 4 different ways. Choose the one that makes most sense to you.

Period Text Enabled - enable/disable the period text at the top of the gauge (removes the title bar a the top)

Period Text Color

Meters - Buying Pressure Color

Meters - Selling Pressure Color

Gauge Text - Buying Color

Gauge Text - Selling Color

Gauge Text - Show Percent

Gauge Text - Show Volume

Gauge Text - Bold

Buying/Selling Text - Display Value

Buying/Selling Text - Buying Color

Buying/Selling Text - Selling Color

Ratio Text Bold

Mid Line

Mid Line Enabled, Mid Line Color, Mid Line Width Mid Line Style

Border Lines and Padding Between the Gauges

Padding - Control the amount of spacing between gauges

Border Line Color, Border Line Width

Right Click Menu

Right click the chart to open Sierra Chart’s context menu.

3 items related to the Trade Delta Gauge are available.

These items are prefixed with TDG:

  • Reset Window Position - in case you lose the window, use the “Reset Window Position” menu to bring the gauge back to the top left of the chart

  • Attach / Detach - detach the widget from the chart

  • Always on top - when detached, makes sure the widget is always the top most window

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