Typically to help you Inderstanding it. When you see a green bar when negative delta, it means that aggressive sellers were so many and sold market to passive buyer but the price didnt get any lower. And that's because the sells were totally absorbed. Meanwhile meaning less market buys pushed price up and got backed up by support. Sounds a complexed process, you need high frequency of treating data
For cumulative delta can we come EOD cumulative delta value with EOD cumulative delta of next day and see the changes to come to some conclusions ? Or is it only for intraday ?
Solid, reliable content well presented worth learning from. Can’t wait until I can afford NT and improved orderflow 6. Thanks Michael.
Great explanation...Cum.delta+price is great when used right. God bless for the time and effort to educate .
Where I can get Delta candles,,I have indicator but it's not working on my system
So positive delta with red candle absorbtion of buyers?
And negative delta with green candle absororbtion of sellers? In a nut shell
Hi Mike, can you change your numbers to red for sellers and green for buyers, thanks Joe
Very informative! Thank you for putting this information out there. This is very helpful. I look forward to seeing your other videos!
Why is a green bar formed when sellers are high in delta @13:14?
Typically to help you Inderstanding it. When you see a green bar when negative delta, it means that aggressive sellers were so many and sold market to passive buyer but the price didnt get any lower. And that's because the sells were totally absorbed. Meanwhile meaning less market buys pushed price up and got backed up by support.
Sounds a complexed process, you need high frequency of treating data
For cumulative delta can we come EOD cumulative delta value with EOD cumulative delta of next day and see the changes to come to some conclusions ? Or is it only for intraday ?
YOu dont need to add this confusion in your trading to be a successful trader. Just something to keep in mind if you feel overwhelmed .
I wouldn’t say it’s confusing, it is complex, and it does give you an edge as well especially for large contract traders
Sir are there any free software I downloaded jinja trader and wanted to learn unknow like a simulation that i can learn they were asking for money
The name f the indicator uh r using???
It's a paid indicator,
What?
put RSI there and watch if it is making h/l while price is making l/l before pushing buy button
Good Content
ok enough about the pin bars
More NQ videos please