OPEN-SOURCE SCRIPT
Diupdate

[Mad] Volume Delta

This is a volume indicator that splits purchases and sales into 2 separate columns.

In addition, I added some POW factors to scale the volume to a more compact or expanded picture.

The SMA draws the red line indicating the volume of purchases and sales, also with POW factor customizable, so it is possible to scale it within the volume bars

what to do with this information: it is very easy to find rotation points when the selling volume and the buying volume are equal, this is where possible rotation phases occur

have fun
Catatan Rilis
overlay true -> overlay false
Catatan Rilis
Volume Compressor added to the script
thx gorx1 for the math
Catatan Rilis
extension with "in candle delta"
addition of a dev-cloud
changed standard colors from
color.rgb(000, 255, 255, 000) and color.rgb(255, 255, 000, 000) to
color.rgb(000, 255, 000, 000) and color.rgb(255, 000, 000, 000)
Catatan Rilis
cleanup pass
Catatan Rilis
Vector-Candle coloring and Ui cleanup
Catatan Rilis
typo...
Catatan Rilis
Code cleanup and sorting the options into a more organiced way
Catatan Rilis
middleline color selectable and moved in the background behind all plots
Catatan Rilis
Lower timeframe added,
Cleanup of inputs,
New Presentation of singular volume

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