order flow/delta volume indicator (PAID Indicator)
Hi All,
here is my gem which i generally dont talk a lot.. look at its performace.. green and red backgrounds are just positive and negative order flow.. 2 lines, black is vwap and blue is the main factor of this indicator i.e. delta volume, its not a support/resistance line. Its teh cumulative delta line,
it goes wtih trend, if i trend is bullish then it'll go up along with price/candle.. if bearish then down, but if it is going against the price then it clearly shows it can be a false move.. just check the same in chart and you'll get it. that way it can help in trapping moves.
here is my gem which i generally dont talk a lot.. look at its performace.. green and red backgrounds are just positive and negative order flow.. 2 lines, black is vwap and blue is the main factor of this indicator i.e. delta volume, its not a support/resistance line. Its teh cumulative delta line,
it goes wtih trend, if i trend is bullish then it'll go up along with price/candle.. if bearish then down, but if it is going against the price then it clearly shows it can be a false move.. just check the same in chart and you'll get it. that way it can help in trapping moves.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.