Indicator name: ClusterDelta Volume Overlay Data
The current indicator is designed to see Volume/Delta/Ask/Bid values and their relations of the absolute values in a histogram mode. So, the Volumes are at the background and Ask/Bid, Delta are above it.
ClusterDelta Volume Overlay Data is most often used as a combination of Volumes/Delta/AskBid indicators to see when the Delta value (Ask or Bid) has a significant size compared to the Volumes values. This means that traders of a certain type are dominating here with their actions (buy or sell)
By default, volumes use blue color, the next layer, Ask or Bid (higher value only) uses red or green colors, and then the Delta layer uses light green and pink.
CLUSTERDELTA VOLUME OVERLAY DATA INPUTS DESCRIPTION
Panel is the cTrader technical option of the indicator location. This indicator correctly works in the Panel mode (a subwindow in the footer of the main chart).
GUI is a small graphical panel containing current access status (click to open the Authorizer), name of the indicator, ticker name of the data source and the alert icon
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.
Volume Layer is the option whether to show Volumes histogram
Ask/Bid Layer is the option whether to show Ask/Bid histogram
Delta Layer is the option whether to show Delta histogram
Reverse Data is an option for reverse the Ask/Bid histogram 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".
The default settings in cTrader display the indicator name on the chart, including all indicator values, and this makes tooltips really hard to read, so ClusterDelta's Indicators for cTrader use a little trick by putting general information in the variable names rather than their values. http://cde.lt is an official alias of https://clusterdelta.com for shortening urls
Help Url section is the URL to get the full documentation about indicator
Social Networks are the links to join our Discord and follow us in the Instagram
