Indicator shows Ask / Bid / Delta values over Volumes Histogram - #AB_over_V | Indicators for MetaTrader 4/5

Indicator Name: ClusterDelta_#AB_over_V

This indicators provides information on the total traded volumes for each bar. Hovered layers may present the biggest value of Ask : Bid pair or the current Delta Value with different colors for the positive/negative values.

The main advantage of this indicator that user can see visual size of the partial values to the total value of Volume.

Volume layer is the number of total trades at Ask and Bid prices (Volume = Ask + Bid).

Delta layer is the difference of trades between orders at Ask prices and orders at Bid prices (Delta = Ask - Bid)

Ask / Bid layer shows the larger value of Ask or Bid orders.

Description of the indicator inputs:

  • HELP_URL - this is the URL where you can get the full description of the indicator.
  • Instrument as Data Source - select the desired instrument from the dropdown list as the source for the data to display. The AUTO value sends the MetaTrader ticker to the server for automatic detection of the instrument. If the data is not loaded, probably auto detection was failed and you are required to select the instrument manually.
  • MetaTrader_GMT - the GMT value of your Metatrader. In 95% of cases leave AUTO. Use only positive or negative values to set the proper value.
  • Comment_Layers - is just a comment describing the section below.
  • Volume_Layer shows or removes Volume Histogram from the indicator window
  • AskBid_Layer shows or removes AskBid Histogram from the indicator window
  • Delta_Layer shows or removes Delta Histogram from the indicator window. All histograms directed from zero value up to its absolute value but for Delta the positive/negative values have the different colors
  • Comment_History - is just a comment describing the section below.
  • Days_in_History (default value is "0") - this parameter defines the number of the history days for data downloading. By the "0" value , the server uses the optimized history length settings. Using too high values can cause to the terminal freezing on lower timeframes. It is recommended to use short periods and load more data from the chart using the button "Load More History"
  • Custom_Start_time, Custom_End_time (default value is "2021.01.01 00:00") - if Custom_Start_Time and Custom_End_Time differ from their default values, the server loads history for the period specified by these parameters
  • Rerverse_Settings - is just a comment describing the section below.
  • RerverseChartr is the option to swap ask/bid values and reverse delta values, which is required for Usd/xxx pairs. Do not set this option to the "true" values if your MetaTrader ticker has the following value: USD/JPY, USD/CAD, USD/CHF because the indicator will find them automatically. This option is required if you have ticker name like "Japanese Yen" instead of "USD/JPY".
  • Font_Size (default values is "8") - font size of current values of Ask and Bid histograms
  • GUI (default values is "true") - option indicates the need to draw a graphical user interface (control panel)
  • GUI_Hint is advices on how to use hot keys: press "Z" to hide / X to show the control panel

You can change the colors of the histograms on the Colors tab in the indicator properties.

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