MARKET DELTA BUBBLES
Market Delta Bubbles is a part of Pack 3 - LEDGER ( link)
Market Delta indicator:
- Market Delta represented by bubbles, uses level 1 data. This indicator is similar to a Big Trades indicator. Big Trades display the volume of trades, but the Market Delta displays the winning side of that trade by delta. The total volume of that trade can be large, but it is unable to move the price and does not indicate a stronger side.
Market Delta displays immediate results of interaction between orders on level 1 and level 2 - between aggressive and passive sides of the market as a delta (difference) in the moment of that transaction. The delta shows the stronger side of the market.
Market Delta can recalculate bubbles in real-time. As soon as you make chart adjustments, it adjusts its bubbles to the optimal size and view. There are two modes of recalculation, and this is an advanced feature of BestOrderFlow that is not available on any other "similar-looking" indicators.
Market Delta indicators are significant for visualizing absorption and multiple absorptions.
Market delta bubbles can be merged using two merging modes, allowing the chart to be fine-tuned for optimal readability and instant analysis.
INDICATORS INCLUDED IN PACK 3 LEDGER
Links for PACK 3 LEDGER Indicators open in a new window:
- Pack 3 LEDGER (what is LEDGER)
- Advanced HeatMap NT - level 2 data
- Market Delta bubbles - level 1 data
- PriceLinesNT - level 2 data
VIDEO + PDF MANUALS AND INSTRUCTIONS
Manuals / Instructions / Explainer about how to set up Heatmap, Heatmap Filters, Market Delta
Compare old Bookmap and new LEDGER from bestorderflow.com
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Video 1: Step By Step Tutorial - how to set up and tune Heatmap on any timeframe and any instruments.
Video 2:
Russian language Heatmap User Manual Play List link
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