Delta Volume Histogram with Filters and Alerts

13 Feb

Описание (Russian):
Индикатор "Delta Volume Histogram" определяет дельту объёма и отображает её в виде гистограммы. Он показывает разницу между объёмами покупок и продаж, с возможностью фильтрации значений и вызова алертов.
Функции:
Фильтр для отображения только значений выше заданного порога.
Режим отображения всех значений выше нуля.
Алерт при появлении дельты, превышающей установленный фильтр.


Description (English):
The "Delta Volume Histogram" indicator calculates volume delta and displays it as a histogram. It highlights the difference between buy and sell volumes, with options for filtering values and triggering alerts.
Features:
Filter to display only values above a specified threshold.
**Features (continued):**
- Mode to display both positive and negative delta values above the zero line for better visualization.
- Alert functionality that notifies you when the delta volume exceeds the specified filter value.
This indicator is ideal for traders who want to track buying and selling pressure in the market, helping to identify strong movements and potential reversals based on volume delta analysis.

kelmarin

Nota Keluaran

📊 Delta (with Filters and Alerts)
This indicator visualizes Volume Delta using a unified positive scale while providing advanced filtering and alerting features. It helps traders detect significant buying or selling pressure by analyzing the difference between aggressive market buys and sells, retrieved from lower timeframe data.

🔍 Key Features
Unified Delta Visualization:
All delta values are plotted as positive columns, making it easy to compare strength regardless of direction. Color-coding shows the side of aggression:
🟩 Green/Lime = Buyer delta
🟥 Red/Orange = Seller delta

Dual Filtering System:
You can choose between two powerful filter modes to isolate only the most meaningful delta spikes:

Standard Deviation Mode – Highlights deltas that exceed the average by a customizable multiple of standard deviation.

Manual Threshold Mode – Highlights deltas that exceed a fixed user-defined threshold (e.g. 25,000 contracts/coins).

Clean Visualization Option:
Enable the setting "Show only strong deltas" to hide all weak bars and focus only on significant signals.

Built-in Alerts:
The script includes 3 alert conditions:

💚 Buyer Signal – Strong positive delta

❤️ Seller Signal – Strong negative delta

🔔 Any Signal – Strong delta in either direction

⚙️ How It Works
The indicator collects volume delta data using a lower timeframe.

It calculates the absolute value of each delta and applies filters based on the selected mode.

Filtered deltas are plotted using color-coded columns:

Green/Lime for strong buyers

Red/Orange for strong sellers

Optional smoothing with moving average and deviation bands is available in deviation mode.

Only the filtered deltas are displayed when the "Show only strong deltas" option is enabled.

📌 Ideal For:
Spotting aggressive buyers or sellers entering the market

Identifying hidden accumulation/distribution zones

Building confirmation logic for breakouts, reversals, or trend continuation

Clean volume delta filtering without visual clutter

🧠 Notes:
Requires a TradingView plan with access to volume delta data.

Works best on high-liquidity assets and lower timeframes (e.g., 1-minute, 5-minute).