Indicator name: ClusterDelta Volumes
The volume indicator provides information on the total traded volumes for each bar. Volumes information provides the real situation of market trading by showing areas of increased demand for a market instrument.
Big volumes spike in market activity supposes the end of the current trend. An additional price rally (breakout of the previous peak) on smaller volumes can be a sign of a reversal, which visually can look like a divergence of price peaks and peaks of the volume histogram. This describes one of the options for how to use the indicator, but this is not the only description of using the volume indicator. Use it with VSA patterns as well.
CLUSTERDELTA VOLUMES 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.
AlertSize is the default Volume size level that triggers Alert. The non zero value automatically enables the Alert Mode.
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
Click the Alert icon to enable/disable alerts. When enabled, the lines appears as the alert level. The line can be moved by the user to change the alert level.
