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Delta SH & Delta SL in Volumetric bar

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    Delta SH & Delta SL in Volumetric bar

    Dear all,

    Ihave read a lot articles and topics in the forum about Delta SH and Delta SL of the Volumetric bar indicator. However, I couldn't find a detailed explanation of these parameters and the utility behind them.

    Could you please give us a detailed explanation of delta SH and Delta SL? If you can give examples, it would be very instructive.

    Sincerely,

    #2
    Hello Candlerobot,

    Please see the link below.
    https://ninjatrader.com/support/help...s.htm#OrderFlo wVolumetricBarsDataSeries

    Delta SH
    The delta since last time price touched the high of the bar, usually negative

    Delta SL
    The delta since last time price touched the low of the bar, usually positive.


    It does not show delta for the entire price bar, but delta since market price touched the High or Low.

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