Classic indicators of volume analysis
Indicator appearance.
Volume delta is an indicator that displays the difference between the volume of purchases and the volume of sales, as well as calculates derived metrics - moving averages for purchases and sales and the standard deviation of the delta.
Cumulative volume delta is a classic volume analysis indicator that calculates the difference between the volume of purchases and sales of taker by cumulative total.
Volume delta has 2 display forms: candlestick chart and histogram.
Cumulative volume delta.
The indicator represents a candlestick chart, in which the values of opening, maximum, minimum and closing take the corresponding values of the cumulative volume delta.
Volume delta.
The indicator is a histogram showing the volume of buys and sells bar by bar.
Volume delta is a powerful tool of volume analysis on financial instruments markets. It provides traders with information about the difference between the volume of purchases and the volume of sales in a certain period of time. This indicator allows you to identify the dominant side of the market, as well as to track changes in the mood of traders
The main application patterns of the Volume Delta tool: