The Cumulative Delta indicator provides a real-time view of buying and selling pressure by analyzing the difference between aggressive buyers (market buys) and aggressive sellers (market sells). It calculates the delta as the difference between bid volume and ask volume, then accumulates this difference over time to give a running total — the Cumulative Delta.
Key Features:
Real-Time Analysis: Tracks the net flow of volume at each tick, bar, or session to visualize market sentiment.
Directional Bias: Helps traders identify hidden accumulation/distribution, divergence, and trend confirmation.
Common Uses:
Divergence Detection: Spot bullish or bearish divergences between price and delta.
Breakout Confirmation: Confirm breakouts with strong delta support.
Volume Analysis: Visualize whether price moves are supported by aggressive buying/selling.
This indicator is ideal for order flow traders, scalpers, and day traders looking to gain deeper insight into the internal structure of the market.
