Cumulative Delta with Price Indicator for MT5 - Download - [TradingFinder]

The Cumulative Delta with Price Indicator is a practical technical analysis tool that calculates the cumulative difference between buy orders (Ask) and sell orders (Bid) and visualizes it as a delta curve displayed in yellow.

In the MetaTrader 5 platform, this curve is shown alongside a volume histogram to allow simultaneous analysis of price movements, order flow, divergences, and convergences.

Cumulative Delta with Price Specifications Table 

The table below presents the features and specifications of the Cumulative Delta with Price Indicator:

Indicator Overview

The Cumulative Delta with Price Indicator calculates the cumulative difference in trade volume and effectively analyzes fake breakouts and price reactions around support and resistance levels.

In addition, the indicator helps pinpoint trend reversal zones by detecting positive and negative divergences between the delta curve and the price chart.

Uptrend Conditions

The chart below shows the EUR/CHF currency pair on the 1-hour timeframe. An upward alignment between price and the delta curve within the oscillator indicates buying pressure and an influx of strong buy orders.

This positive divergence serves as confirmation of bullish trend strength.

Downtrend Conditions

The following price chart displays XAUUSD (Gold) on the 30-minute timeframe. When both the price and the Cumulative Delta with Price curve move downward in sync, this reflects selling pressure in the market.

 A simultaneous drop in price and delta indicates weak demand (buyers) during a bearish trend.

Cumulative Delta with Price Indicator Settings

You can view the configuration and settings panel of the Cumulative Delta with Price Indicator in the image below:

• Style of indicator: Display style of the indicator
• Period: Calculation period
• Range: Delta range
• Price: Input price

Conclusion

The Cumulative Delta with Price Indicator aggregates the difference between buy and sell trade volumes, providing a clear picture of order flow structure.

This trading tool is highly useful for detecting divergence, identifying false breakouts, and analyzing volume at key levels. It offers a well-rounded insight into market supply and demand.