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Cumulative Delta Short Term V1

Note: If you find bugs, have feature requests, or anything else, post in THIS thread.

This indicator will show the Cumulative Delta totals over the last 4, 5 and 6 bars as well as the delta for the current bar.

It can be used standalone but it was created primarily so that I could see "Trapped Traders" inside the congestion boxes of my Congestion Box indicator which is HERE.

Display Options:

Fixed Text in the Upper Right corner for the Cum Del totals for the last 4/5/6 bars and live for the current bar
Cum Del totals bar by bar with the last 4,5 and 6 bars totals below each bar and with the delta of the current bar showing above the bar
Both 1 and 2 together

Pick your display choices from the properties section. If you choose Fixed Text then give your right side margin a value of at least 88.

As mentioned this can be used in conjunction with my Congestion Box (CBox) indicator to identify potentially Trapped Traders in a congestion box. If the cumulative delta of the CBox is significantly out of balance with longs or shorts then those traders may begin to get nervous as the price approaches the outer ranges of the CBox.

Images on the left will show this indicator used in a standalone manner and also with my CBox indicator. Additional images also show how it can be used to identify imbalances within congestion boxes. All of the images are from Friday March 26, 2021 (ES 06-21 / 1 minute) in the morning after the RTH open.

If you make changes to the indicator or to it's chart the indicator will reset and start from scratch.

With Congestion Box Indicator

Congestion Box Delta Imbalance

Delta Transition

Category NinjaTrader 8 Indicators and More

Details: Cumulative Delta Short Term V1
Category: NinjaTrader 8 Indicators and More

April 7th, 2021
Size: 3.44 KB
Downloaded: 1292 times

Comments/ratings

alazif April 7th, 2021 10:28 AM

No Comment

romus April 7th, 2021 11:05 PM

Great!

schroedray April 8th, 2021 10:25 AM

Great job as always love trapped traders.

devro April 19th, 2021 03:38 PM

Thanks for building this indicator Les, and especially for tweaking it for me. Much appreciated!!

ForJL April 22nd, 2021 12:24 PM

Nice ... Thanks A lot!

kalalex June 11th, 2021 04:12 PM

No Comment

futuros June 21st, 2021 12:47 PM

Excellent indicator!

ndakotan May 15th, 2022 09:39 AM

awesome indicator

SheriDi August 20th, 2023 11:34 AM

Great indicator. Thanks for sharing!