stelaraX - Volume Delta

stelaraX – Volume Delta

stelaraX – Volume Delta is a volume-flow indicator designed to estimate buying and selling pressure within each candle and visualize the resulting imbalance. By approximating how much volume is associated with upward versus downward price movement, it helps traders gauge short-term order flow bias and momentum strength.

This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
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Core logic

The script estimates buy and sell volume based on the closing price’s position within the candle range and derives a delta value representing net pressure.

Key principles:

* buy volume is estimated proportionally when price closes closer to the high
* sell volume is estimated proportionally when price closes closer to the low
* delta equals estimated buy volume minus estimated sell volume
* positive delta indicates net buying pressure
* negative delta indicates net selling pressure
* a moving average of delta smooths short-term fluctuations
* cumulative delta tracks aggregated pressure over time

This approach provides a simplified proxy for order flow when true bid/ask data is unavailable.

Visualization

The script plots:

* a histogram of volume delta in a separate indicator pane
* green bars for positive delta (buying pressure)
* red bars for negative delta (selling pressure)
* a moving average line of delta for smoothing and trend context
* a zero reference line for balance visualization

This clean layout makes shifts in short-term volume dominance easy to interpret.

Use case

This indicator is intended for:

* identifying short-term buying or selling dominance
* confirming breakouts with volume-backed pressure
* spotting divergence between price and delta flow
* filtering entries using volume momentum context
* supporting order-flow-inspired and structure-based trading approaches

It is particularly useful when combined with structure tools, trend filters, and AI-assisted chart evaluation to improve trade timing and confidence.

Disclaimer

This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.