Calculated Values Study

Subgraphs

MarketWeaknessBullish MarketWeaknessBearish

Declining delta over 3 bars. For bearish, all 3 bars must be positive delta, for bullish all 3 bars must have negative delta. 3rd bar has opposite direction in the direction of the trade.

ExtremeDeltaVolumeThresholdBullish ExtremeDeltaVolumeThresholdBearish

Delta value divided by bar volume is greater than 25%.

PriceActionDivergenceBullish PriceActionDivergenceBearish

SmallMinDeltaBullish SmallMaxDeltaBearish

Value is configurable by input ‘Small Min Max Delta Threshold’. If Max or min delta is a small number then buyers or sellers were never in control in the bar.

ExtremeDeltaThresholdBullish ExtremeDeltaThresholdBearish

Delta value is within 95% of max or min bar delta.

DeltaDivergenceBullish DeltaDivergenceBearish

A new or equal high made with a red bar with negative delta. A new or equal low made with a green bar with positive delta.

RatioUp RatioDown

In a red bar, the top ask and 2nd slot ask price volume divided. In a green bar, the bottom bid and 2nd slot bid price volume divided. Only ratio values in a certain configurable range are displayed. Ratio Bounds high typically is market rejection while ratio bounds low is price defense. Swing high/lows are more poweful with ratios. A ratio number after a trend might signal the end.

DeltaTransitionBullish DeltaTransitionBearish

DeltaBreakoutBullish DeltaBreakoutBearish

An increase in delta from previous bar. Setting IN 14 Delta Breakout Threshold configures the amount of increase in delta.