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Yes, I use it sometimes to get a good read on buying and selling.
I find it best used on the longer time frames. For smaller time frames, DOM and Order Flow are a much better thing to look at for scalping price action, in my opinion.
I use Cumulative Delta all the time(cumulative delta charts at the bottom)....but it comes with NT8 Life Time License.....if you dont have that...maybe GOM would work...in fact before I had it in NT8 I would use the GOMI indicator....in NT7 the Gomi only worked in real time...in NT8 you can get a History as well....and I use it for Scalping thats the way I trade....you have to look at it....works well with NQ, ES, CL and GC....but not with 6E, or RTY...in the quicker time frames....I use 233 Tick and 377Tick and 500 Volume charts...here is an example. the left most chart is 1 minute just for comparison...when cumulative delta breaks out of the bollinger...theres your entry......
