Multi-TF Volume Delta Confluence

pure volume-delta momentum/participation tool. It computes a normalized (z-score style) volume delta oscillator (zΔ) on your chart and compares it to a higher-timeframe “bias” zΔ. When both timeframes agree, the histogram changes color and the script prints clear entry/exit markers.

Core concepts

zΔ Chart (histogram): fast participation on your current chart.

zΔ Bias (line): higher timeframe control / directional filter.

Confluence: when chart + bias are both bullish or both bearish.

Visual language

Teal histogram: bullish confluence (bias bullish + chart bullish)

Red histogram: bearish confluence (bias bearish + chart bearish)

Gray histogram: mixed/no confluence (avoid or reduce size)

Optional mismatch shading highlights disagreement between timeframes.

Signals (how it triggers)

Entries

0-Cross Entry (optional): triggers when zΔ crosses the zero line and the bias agrees.

Confluence-Edge Entry (optional): triggers the moment confluence turns ON (handles “either order” alignment).

Same-bar flip (optional): allows an exit + new entry on the same bar when flow reverses.

Arming (optional): if a valid trigger happens while you’re in a trade, it can “arm” the next entry to avoid missed flips.

Exits

Instant Flip: exit on the opposite 0-cross.

Confirm Flip: exit only after N confirming bars in the opposite direction (reduces chop).

Optional exit on bias flip if you want faster protection when higher timeframe control reverses.

Optional “No-Trade” filter

A simple quality gate: if |zΔ| is below a threshold, the script can mark conditions as NO-TRADE to reduce low-participation chop.