Category Trend  Published on 27/02/2021

cTrader Volume Delta Alerts

Description

The cTrader Volume Delta indicator shows the difference between the Bid and Ask volumes, it shows which side of the market Buyers or Sellers were more active in a specific period of time. It shows the buying & selling pressure that is happening in the market and it helps determine if supply or demand is dominating and in control. Pop-up, Email & Telegram Volume Alerts.

CUSTOM TIMEFRAME

You can choose to see the cumulative delta volume of a 5-minute chart shown on a 1-hour chart, as demonstrated on the image below. The ability to select the timeframe makes this indicator very powerful.

OPTION TO SELECT CUMULATIVE OR DELTA

You can choose to see two different types of volume, Delta or Cumulative where it looks (x) bars back and sums them up.

 

cTrader Delta Volume Custom-Time-frame

 

ADJUSTABLE SETTINGS

cTrader Cumulative Volume Delta Settings

 

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using cAlgo.API;
using System.Windows.Forms;

namespace cAlgo
{
    [Indicator(IsOverlay = true, TimeZone = TimeZones.UTC, AccessRights = AccessRights.FullAccess)]
    public class ClickAlgoIndicator : Indicator
    {
        [Parameter(DefaultValue = 0.0)]
        public double Parameter { get; set; }

        [Output("Main")]
        public IndicatorDataSeries Result { get; set; }


        protected override void Initialize()
        {
            var ret = MessageBox.Show("It is not possible to download the software from the cTDN website. Would you like to visit us at ClickAlgo.com where you can download it?", "Downloading...", MessageBoxButtons.YesNo, MessageBoxIcon.Information);

            if (ret == DialogResult.Yes)
            {
                System.Diagnostics.Process.Start("https://clickalgo.com/delta-volume-indicator");
            }
        }

        public override void Calculate(int index)
        {
            // Calculate value at specified index
            // Result[index] = ...
        }

    }
}


ClickAlgo's avatar
ClickAlgo

Joined on 05.02.2015

  • Distribution: Paid
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: ClickAlgo Indicator.algo
  • Rating: 0
  • Installs: 1576
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