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Volume Delta is a powerful indicator that analyzes this supply on the market.

It calculates the delta of the price movement and the difference in volumes for buying and selling.

Its special structure allows you to get values from all timeframes available in the MT4 platform.

Observing the behavior of the instrument can help you identify good entry points and a possible change.

we’re sure that our indicator will help you to improve your trading activity.

  • colour-size preferences-color and size settings
    • favorable Color – the color of the positive worth
    • NegativeColor – the color of the negative value
    • TextColor – the text color
    • ZeroColor – the color of the neutral value
    • TextFontSize – the font size of the text
  • TF VISIBILITY / ALERT-visibility / alerts of timeframes
    • Visible_M1 – visibility of M1 (true/false)
    • Visible_M5 – visibility of M5 (true/false)
    • Visible_M15 – M15 visibility (true/false)
    • Visible_M30 – visibility of M30 (true/false)
    • Visible_H1 – visibility of H1 (true/false)
    • Visible_H4 – visibility of H4 (true/false)
    • Visible_D1 – visibility of D1 (true/false)
    • Visible_W1 – visibility of W1 (true/false)
    • Visible_MN1 – visibility of MN1 (true/false)
    • Enable Alert – allow alerts (true/false)
    • Enable Alert On Mail – enable alerts in the mail (true/false)
    • Enable Push – allow Push messages (true/false)
  • ARROW SETTINGS-arrow settings
    • Show_Arrow_On_Signal – show arrows based on signals (true/false)
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  • favorable Color – the color of the positive worth
  • NegativeColor – the color of the negative value
  • TextColor – the text color
  • ZeroColor – the color of the neutral value
  • TextFontSize – the font size of the text
  • Visible_M1 – visibility of M1 (true/false)
  • Visible_M5 – visibility of M5 (true/false)
  • Visible_M15 – M15 visibility (true/false)
  • Visible_M30 – visibility of M30 (true/false)
  • Visible_H1 – visibility of H1 (true/false)
  • Visible_H4 – visibility of H4 (true/false)
  • Visible_D1 – visibility of D1 (true/false)
  • Visible_W1 – visibility of W1 (true/false)
  • Visible_MN1 – visibility of MN1 (true/false)
  • Enable Alert – allow alerts (true/false)
  • Enable Alert On Mail – enable alerts in the mail (true/false)
  • Enable Push – allow Push messages (true/false)
  • Show_Arrow_On_Signal – show arrows based on signals (true/false)
    • BUY_Arrow_Color – the color of the arrow for the purchase
    • SELL_Arrow_Color – the color of the arrow for sale

    • Arrow_Size – the size of the arrow
  • BUY_Arrow_Color – the color of the arrow for the purchase
  • SELL_Arrow_Color – the color of the arrow for sale

  • Arrow_Size – the size of the arrow

SELL_Arrow_Color – the color of the arrow for sale

  • POSITION ON CHART – placement on the chart
    • X-the X coordinate
    • Y – the Y coordinate
    • Corner-corner
  • X-the X coordinate
  • Y – the Y coordinate
  • Corner-corner

Our Useful Features & Services

Published

02 October 2015

Updated

03 October 2016

Current Version

4.12

Reviews

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Mike Semlitsch January 20, 2021 5:06 am
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ATTENTION!

I bought this index because the description clearly states that VOLUME is part of the calculation of the delta. But this indicator computes the delta ONLY BASED ON PRICE. The delta is the difference between the close and the start of the actual candle of every timeframe. If the purchase price is higher than the end of the prior candle then it will show green worth. The number is the gap of the price in PIPS. You can plainly see this behaviour in the video during e.g. minute 1:45 to 2:15. I also find this in my own charts.

VOLUME IS NOT PART OF THE CALCULATION!!! THEREFORE THIS INDICATOR HAS NO PREDICTIVE VALUE BASED ON VOLUME AS IT STATES!!!

Don’t understand why this index got favorable reviews and remarks. Maybe buddies remarked here or unexperienced traders.

4xNewGuy January 20, 2021 5:06 am
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First index I have purchased, and most likely the last one I’ll need.
Accurately predicted the current surge in the USD/CAD, and also the drop int the GBP/JPY (then sudden, random fall that occurred).
I’ve been attempting to figure out a means to gauge the momentum in the forex markets, in terms of entries. This one eliminates all of that guess work.

Fantastic indicator. Will likely pay for itself on a micro account within a month.

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