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Topic 21: Delta Summary (Delta)
Summary
Delta is recommended as an extra confluence tool alongside trading. Two forms discussed in the course: bar delta and cumulative delta.
Delta Types Reference
- Delta — for a single bar
- Max Delta — maximum within bar
- Min Delta — minimum within bar
- Cum. Delta — cumulative for the day
- Cum. Delta/Volume — cumulative divided by volume
- Volume — for the bar
- Cum. Volume — cumulative for the day
Recommendation
Use delta as extra confluence — makes trading significantly more profitable.