The delta rise signal is a 3 bar signal (custom value ) and is indicated with the letter 'S' and/or a vertical stripe on chart. The signal alerts when there is a sudden increase in the delta and when the delta is getting stronger. This is often a tell that buyers (or sellers) are in control and the market is/might be starting to trend.
RULES:
3 consecutive bars ( or custom value ) with increasing delta
EXAMPLE:
Here you can see an example of a delta rise signal. The first bar has a negative delta of -461, then in the next bars we see the delta increase to positive 119->429->620 So in 4 bars, we went from -461to +620 where each bar is getting a higher positive delta. When that happens the delta rise signal will be plotted
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In review
💡 Feature Request
About 1 year ago

nookie
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In review
💡 Feature Request
About 1 year ago

nookie
Get notified by email when there are changes.