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OBTrendDelta Volume Delta & Order Block Suite

OB Trend Delta V1 - Order Block & Volume Delta Indicator
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📊 OVERVIEW
OB Trend Delta V1 is a technical indicator that combines Order Blocks analysis (institutional support/resistance zones) with Volume Delta (buying vs selling pressure) to provide insights on setup quality and market dynamics.
The indicator visually displays zones of interest, volume pressure, and a quality scoring system to assist in technical analysis of any market.
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🎯 CORE CONCEPT
▸ ORDER BLOCKS
Order Blocks are price zones where large institutions executed significant operations. These areas tend to act as support (Bull OB) or resistance (Bear OB) when price returns to them.
How to interpret:
▸ VOLUME DELTA
Volume Delta measures the difference between buying and selling volume in each candle, revealing which side of the market is dominating.
How to interpret:
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📈 WHAT THE INDICATOR SHOWS
1️⃣ TREND DETECTION
The indicator identifies the main market direction using moving averages and trend strength analysis (ADX), visually highlighting when the market is in:
2️⃣ SETUP QUALITY SYSTEM
Each trading opportunity is evaluated on 6 independent criteria:
Setup Quality Score: 0 to 6 points
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🔧 VISUAL COMPONENTS IN THE INDICATOR
▸ VOLUME DELTA HISTOGRAM
▸ ORDER BLOCK ZONES
▸ SETUP QUALITY SIGNALS
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💡 HOW TO INTERPRET THE INFORMATION
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📊 TECHNICAL CHARACTERISTICS
▸ RECOMMENDED TIMEFRAMES
▸ COMPATIBLE MARKETS
⚠️ Requirement: Volume data is necessary for Volume Delta calculation
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⚠️ IMPORTANT WARNINGS
▸ EDUCATIONAL USE
▸ RISK MANAGEMENT
▸ LIMITATIONS
▸ DISCLAIMER
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📚 ADVANCED CONCEPTS
▸ WHAT ARE ORDER BLOCKS?
Order Blocks represent zones where "smart money" (institutions, whales) accumulated or distributed positions. When price returns to these zones, there is high probability of reaction due to:
▸ VOLUME DELTA VS NORMAL VOLUME
Normal volume shows only QUANTITY of trades.
Volume Delta shows DIRECTION (who is winning the battle):
▸ MARKET REGIME (ADX)
ADX measures TREND STRENGTH:
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✅ BEFORE USING THIS INDICATOR
Make sure you:
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📊 USE AS AN ANALYSIS TOOL, NOT AS AN AUTOMATIC DECISION SYSTEM!
The indicator provides information. You make the decisions.
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Version: 1.0 | Type: Order Block + Volume Delta + Trend Analysis | Update: October 2024
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📊 OVERVIEW
OB Trend Delta V1 is a technical indicator that combines Order Blocks analysis (institutional support/resistance zones) with Volume Delta (buying vs selling pressure) to provide insights on setup quality and market dynamics.
The indicator visually displays zones of interest, volume pressure, and a quality scoring system to assist in technical analysis of any market.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🎯 CORE CONCEPT
▸ ORDER BLOCKS
Order Blocks are price zones where large institutions executed significant operations. These areas tend to act as support (Bull OB) or resistance (Bear OB) when price returns to them.
How to interpret:
- 🟢 Bull Order Block: Green zone where institutional buyers entered strongly → Potential support
- 🔴 Bear Order Block: Red zone where institutional sellers entered strongly → Potential resistance
▸ VOLUME DELTA
Volume Delta measures the difference between buying and selling volume in each candle, revealing which side of the market is dominating.
How to interpret:
- ✅ Positive Delta (green histogram): Buyers dominating → Bullish pressure
- ❌ Negative Delta (red histogram): Sellers dominating → Bearish pressure
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📈 WHAT THE INDICATOR SHOWS
1️⃣ TREND DETECTION
The indicator identifies the main market direction using moving averages and trend strength analysis (ADX), visually highlighting when the market is in:
- Uptrend (Bullish Trend)
- Downtrend (Bearish Trend)
- Ranging (Sideways market/no clear trend)
2️⃣ SETUP QUALITY SYSTEM
Each trading opportunity is evaluated on 6 independent criteria:
- ✅ Price inside a valid Order Block
- ✅ Volume Delta confirming the direction
- ✅ Order Block is recent and "fresh"
- ✅ Few previous retests (OB still strong)
- ✅ Volume confirmation above average
- ✅ Favorable market regime
Setup Quality Score: 0 to 6 points
- Score 6: Perfect setup (all criteria met)
- Score 5: Excellent setup (5 of 6 criteria)
- Score 4: Good setup (4 of 6 criteria)
- Score 0-3: Weak setup or forming
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🔧 VISUAL COMPONENTS IN THE INDICATOR
▸ VOLUME DELTA HISTOGRAM
- 🟢 Green Bars: Buying volume > selling volume (bullish pressure)
- 🔴 Red Bars: Selling volume > buying volume (bearish pressure)
- 📊 Intensity: The larger the bar, the greater the pressure
▸ ORDER BLOCK ZONES
- 🟢 Green Boxes (Bull OB): Institutional support zones
- 🔴 Red Boxes (Bear OB): Institutional resistance zones
- 🔄 Projection: OBs are extended to the right until invalidated
▸ SETUP QUALITY SIGNALS
- 📊 Score Labels: Show setup quality (Q4, Q5, Q6)
• Q6: Perfect setup (all 6 criteria met)
• Q5: Excellent setup (5 of 6 criteria)
• Q4: Good setup (4 of 6 criteria)
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💡 HOW TO INTERPRET THE INFORMATION
- Observe trend direction (EMAs and ADX)
- Identify active Order Blocks:
• Bull OBs (green): Potential support zones
• Bear OBs (red): Potential resistance zones - Analyze Volume Delta:
• Green bars: Dominant buying pressure
• Red bars: Dominant selling pressure - Check Setup Quality Score:
• Q5-Q6: Setups with multiple confirmations
• Q4: Setup with moderate confirmations
• Q0-Q3: Few criteria met
⚠️ NOTE: The indicator provides technical information. Trading decisions are exclusively yours.
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📊 TECHNICAL CHARACTERISTICS
▸ RECOMMENDED TIMEFRAMES
- 5 minutes: Scalping / Fast day trading
- 15 minutes: Day trading
- 1 hour: Swing trading
- 4 hours: Medium-term positions
- Daily: Long-term analysis
▸ COMPATIBLE MARKETS
- ✅ Forex (all pairs)
- ✅ Cryptocurrencies (BTC, ETH, altcoins)
- ✅ Indices (S&P500, Nasdaq, etc)
- ✅ Commodities (Gold, Oil, etc)
- ✅ Stocks and CFDs
⚠️ Requirement: Volume data is necessary for Volume Delta calculation
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⚠️ IMPORTANT WARNINGS
▸ EDUCATIONAL USE
- 📊 This indicator is an educational technical analysis tool
- ⚠️ The indicator does NOT provide buy or sell signals
- ⚠️ The indicator does NOT guarantee results
- ⚠️ All trading decisions are your responsibility
▸ RISK MANAGEMENT
- ⚠️ Always use proper risk management
- ⚠️ Never trade with money you cannot afford to lose
- ⚠️ Test the indicator on a demo account before using real money
- ⚠️ Combine with your own analysis and strategy
▸ LIMITATIONS
- ❌ No indicator is 100% accurate
- ❌ Markets can behave unpredictably
- ❌ Requires confirmation with other analyses
- ❌ Volume Delta requires reliable volume data
▸ DISCLAIMER
📢 This indicator is educational and does not constitute investment advice.
- The indicator shows technical information, not trading signals
- Past results do not guarantee future results
- Trading involves risk of total capital loss
- You are 100% responsible for your trading decisions
- Consult a financial professional before investing
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📚 ADVANCED CONCEPTS
▸ WHAT ARE ORDER BLOCKS?
Order Blocks represent zones where "smart money" (institutions, whales) accumulated or distributed positions. When price returns to these zones, there is high probability of reaction due to:
- Pending limit orders
- Psychological levels
- Institutional value zones
▸ VOLUME DELTA VS NORMAL VOLUME
Normal volume shows only QUANTITY of trades.
Volume Delta shows DIRECTION (who is winning the battle):
- High volume + Positive delta = Strong accumulation 🚀
- High volume + Negative delta = Strong distribution 📉
▸ MARKET REGIME (ADX)
ADX measures TREND STRENGTH:
- ADX > 25: Strong trend (best time to trade)
- ADX < 20: Sideways/ranging market (avoid trades)
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✅ BEFORE USING THIS INDICATOR
Make sure you:
- ☑ Understand the Order Blocks concept
- ☑ Know how to interpret Volume Delta
- ☑ Understand trend analysis
- ☑ Have your own trading strategy
- ☑ Know risk management
- ☑ Understand the indicator does NOT provide buy/sell signals
- ☑ Are aware of trading risks
- ☑ Test on demo account before using real money
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📊 USE AS AN ANALYSIS TOOL, NOT AS AN AUTOMATIC DECISION SYSTEM!
The indicator provides information. You make the decisions.
Version: 1.0 | Type: Order Block + Volume Delta + Trend Analysis | Update: October 2024
Скрипт с защищённым кодом
Этот скрипт опубликован с закрытым исходным кодом. Однако вы можете использовать его свободно и без каких-либо ограничений — читайте подробнее здесь.
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.
Скрипт с защищённым кодом
Этот скрипт опубликован с закрытым исходным кодом. Однако вы можете использовать его свободно и без каких-либо ограничений — читайте подробнее здесь.
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.