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Cumulative Delta Volume

this indicator detects the difference between the contracts struck in bid and in ask (aggression) for each single candle.

the indicator shows in the dedicated window below the price chart, candles given precisely by the difference between the contracts sold and purchased, which generate the volumetric strength of the market.

it is possible (see from the screenshots) how to select only the cumulative candlestick delta chart, or even with a trendline of the candles themselves: by selecting the second box u "NONE" no trendline will be drawn, while by selecting a color, the trendline of the volumetric candles will appear on the chart together with them.

WHAT IS THIS INDICATOR FOR? comparing the price chart with the volumetric delta chart, you can see the real strength of the market, the convergence of the two charts will determine a correct rise / fall in prices, while a divergence between prices and the volumetric delta must be a signal alert for the trader, because the price should reverse. this indicator must be used together with a trading strategy, to filter false signals, eliminating those that occur in a phase of divergence between price and volume.

ATTENTION: the indicator works ONLY with brokers that offer the data flow of the real market, and that divide the contracts sold / bought (BID / ASK). CFD, FOREX AND CRYPTOCURRENCIES belong to the synthetic market, they do not have a real data flow and therefore the indicator DOES NOT WORK with these tools-
a broker that offers the free demo account without deposit and with real data flow, on which the indicator works, is AMP FUTURE.
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Introducing   Quantum Trend Sniper Indicator , the groundbreaking MQL5 Indicator that's transforming the way you identify and trade trend reversals! Developed by a team of experienced traders with trading experience of over 13 years,   Quantum Trend Sniper Indicator   is designed to propel your trading journey to new heights with its innovative way of identifying trend reversals with extremely high accuracy. ***Buy Quantum Trend Sniper Indicator and you could get Quantum Breakout Indicator fo
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Thapelo Kapwe
5 (1)
Indicators
This indicator belongs to the family of channel indicators. These channel indicator was created based on the principle that the market will always trade in a swinging like pattern. The swinging like pattern is caused by the existence of both the bulls and bears in a market. This causes a market to trade in a dynamic channel. it is designed to help the buyer to identify the levels at which the bulls are buying and the bear are selling. The bulls are buying when the Market is cheap and the bears a
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Franck Martin
4.33 (6)
Indicators
Easy By Sell is a market indicator for opening and closing positions. It becomes easy to track market entries with alerts. It indicates trend reversal points when a price reaches extreme values ​​and the most favorable time to enter the market. it is as effective as a Fibonacci to find a level but it uses different tools such as an algorithm based on ATR indicators and Stochastic Oscillator. You can modify these two parameters as you wish to adapt the settings to the desired period. My othe
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Version 1.1 2022.03.26
upgraded version