Delta longs-shorts. BITFINEX:BTCUSDFor any timeframe. Use for the BTC/USD pair. It is calculated by the formula: longs - shorts. Used data from Bitfinex. To smooth the values, you can use the EMA embedded in the indicator.
Delta
Monster Cumulative Delta OpenAfter a few requests, the MonsterDelta is is now available with open source.
As mentioned before, it uses an approximation of Up and Down Volume (because they are not kept by Tradingview/not accessible by Pinescript).
The approximation is:
The "up path" on the "up" candle can be approximated by (High-Low).
The "down path" on the "up" candle can be approximated by (High-Close)+(Open-Low).
(and similar for the down candle, like in the 1st post.)
Total path=up path + down path.
Up volume = Tick volume * up path/total path
Down volume = Tick volume * down path/total path
Cheers,
kprsa
IO_EMA_Delta_OscillatorThis is a EMA Delta Oscillator: An attempt to show ranging markets based on the slope of the EMA.
Green = Bullish Market
Blue = Ranging Market
Red = Bearish Market
The EMA Slope is normalized to make it work like an oscillator with values between 0 and 1.
Bar colors show the oscillator colors, bar borders show the actual candle colors.
- Invsto
(sarangab)
Moving Average Delta Indicator by KIVANC fr3762Description:
MAD stands for Moving Average Delta, it calculates the difference between moving average and price. The curve shows the difference in Pips.
By calculating the delta between two points we can see more small changes in the direction of the moving average curve which are normally hard to see. You can see the MAD curve as look through the microscope at a simple moving average curve. It may help predicting a trend change before it happens, the sample shows a beginning trend change from long to short.
Interpretation:
If the MAD curve is bigger than 0, the moving average is above the price
conversely;
If the MAD curve is smaller than 0, the moving average is below the price
Before a trend change, the moving average gets flatter, the MAD curve points to towards the zero
We can see what is the maximum rising/falling of the difference and predict an upcomming trend change
Usage:
Drop a simple moving average to a chart and set the period in a way that it best fits the movements. There is no "magic" settings for the moving average period, you may double click the MA line to set it to a different period.
Drop the MAD indicator to the cart and give it the same period as your simple moving average .
DAPD - Daily Average Price Delta This indicator is similar to Bollinger Bands. It based on DAPD - Daily
Average Price Delta. DAPD is based upon a summation for each of the
highs (hod) for the 21 days prior to today minus the summation for
each of the lows (lod) for the last 21 days prior to today. The result
of this calculation would then be divided by 21.
