Volume Analysis Tool is a technique to simulate tick volume data to get Buying volume and Selling Volume in each bar to any asset .
*** Features
* Delta Volume Mode .
* Detailed Volume mode - Buying and selling for each candle .
* Better understanding to the Accumulation and Distribution using volume analysis easily .
*** Usage
* Turn only one Mode(Delta or Detailed ) ON to let the indicator Shows you its magic .
* Volume Search : by default it's 1 MIN . Note : if you want to change the value understand that the lower the value the better the Accuracy .
// As a rule of thump use 1 MIN Volume Search for these time frames ( from 5 min to 4 hours ) and 5 min Volume Search for Daily time frame .
Versionshinweise
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Cumulative Delta has been added to the tool now .
What is Cumulative Delta?
Delta refers to the net difference between buying and selling volume at each price level. Cumulative Delta builds upon this concept by recording a cumulative tally of these differences in buying vs selling volume.
*Using the Cumulative Delta Indicator
The Cumulative Delta indicator plots as candlesticks in a panel below the price at time information. One of the main uses of Cumulative Delta is to confirm or deny market trends.
Versionshinweise
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This version has been updated its algorithm to calculate Whales aggressive buy and Whales agressive sellers , Whales are the reason for any action than normal buying and selling .