DeltaPrint Singularity is a method of bringing a previous DeltaPrint Candles with less granularity but greater historical reference. The advantages is the ease of use with existing charts and indicators without adjusting for low tf chart for UI Space this is all handled on the same timeframe using intrabar data.
The benefit of such candles is providing users additional data as to location of potentially trapped traders via late entry into positions e.g. late longing a range high or VAH. Or to provide credence to traders who look for momentum plays seeing momentum drop off likely leading to a period of consolidation or pull back. The logic used here is different to the previous rendition of the indicator but works well with any and all charts that allow some reference to volume.
This indicator aims to provide users the insight into how traders are positioning and where they are positioning. The indicator comes with a few initial features:
Singular Coloring
Delta Coloring
POC Highlighting
Singular Coloring is useful by providing a minimalist view into volume execution points. Delta Coloring breaks this down further by providing an estimate into ask:bid (although delta print will be stronger at this) POC highlighting provides only the volume POC and not Delta POC.
New Granularity Toggle When disabled, the granularity will decrease for data, however this will increase historical lookback!
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NPOCS ADDED
ToDo: New feature coming soon, greater control over level coverage
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Default Singular colour updated
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3 New Features
Ticksize Control
Aggregate Data (work in progress)
Manual weighting
Ticksize Control
Tick Auto
Aggregate Data can be toggled, to ingest data from multiple exchanges in order to estimate a better representation of crypto flow as a whole. Manual weighting, base the candles weighting of POC and deltas on a custom input, (use only if you are certain it is what you need). Can be useful for highlighting areas that pass a threshold making all other candles less relevant.
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Updated a setting title
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Now compatible with the LTF All timeframes under 30m have more data, Can be used on 1min!
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POC Only Toggle Request by user to hide all display besides POC
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