Indicator Name: ClusterDelta CumDelta, ClusterDelta CumD Chart
The cumulative delta indicator shows the dynamics of delta changes over time, i.e. this indicator shows the sum of deltas from the beginning of the selected period to the current moment in cumulative mode.
You should know that the delta indicator shows the difference between the ASK volume and the BID volume. This indicator shows how the delta changes over time, so it shows the accumulation of delta values.
The data appears as a cumulative delta curve or as an OHLC delta plot in a separate window. In the highly liquid markets the accumulative delta practically repeats the price chart, but sometimes divergences can occur, which are a sign of a change in the price trend
CLUSTERDELTA CUMDELTA INPUTS DESCRIPTION
Panel is the indicator location. The Bookmap indicator works with the "Panel" value only
GUI show or hides the CumDelta Panel
Instrument - select a futures from the dropdown list as the source for data. Value AUTO causes automatic detection of the instrument using the cTrader ticker.
Break Time UTC ('Hour:Minute', hour in [0..23]) is the time when to reset the cumulative delta value to zero
Reverse Data is an option for reverse the Bookmap data for reversed currency pairs except those that have name "USDJPY", "USDCAD", "USDCHF", "USDMXN". This option was added for compatibility, but in 99.9% of cTrader cases leave it "No".
Bull Candle (CumD Chart indicator) is the color for the Bull candle (CumDelta value on the bar open time is smaller than on the bar close time)
Bear Candle (CumD Chart indicator) is the color for the Bear candle (CumDelta value on the bar open time is larger than on the bar close time)
Cumulate / MinMax Delta (CumD Chart indicator) is the option whether which type of output to use, CumDelta Chart or Delta Candles with Min/Max Delta wicks.
This is an example between the CumD Chart and CumDelta indicators. You can find that Cumulative Delta Chart in general repeats the main chart.
This chart shows CumD Chart indicator with option "Cumulate / MinMax Delta"" set to "Min/Max Delta"
