Delta Text On Bar

Delta Text On Bar

Draws the delta on each bar to help to find divergences on the price

Categories: Indicators
Platforms: Sierra Chart



Delta Text on Bar Indicator

Draws the delta on each bar to help to find divergences on the price

  • If the price goes up and the delta it's negative we have a price divergence that indicates a possible change in the trend
  • If the price goes down and the delta it's positive we have a price divergence that indicates a possible change in the trend

Example 1:

 

Example 2: