Delta pt1

This indicator is a multi-functional orderflow analysis tool for visualizing delta, total volume, delta ratios, and high-low (range) filters, all toggleable with user inputs.

📘 Components:

🔹 Delta & Total Volume

delta = Buy Volume − Sell Volume (net aggression).

total = Buy Volume + Sell Volume (overall activity).

You can toggle these via checkboxes (togDelta, togTotal) and view them as histogram bars.

🔹 Delta Ratios

deltaRatBuy: Buy Volume / Total Volume — shows percentage of buyer dominance.

deltaRatSell: Sell Volume / Total Volume — shows percentage of seller dominance.

Plotted only if ratio exceeds a user-defined filter threshold (filter, default: 50%).

Toggleable with togDeltaRatBuy and togDeltaRatSell.

🔹 High-Low Range Filter

Computes the candle’s range (high - low).

If range exceeds hiloFilter (default 500), it highlights the background using hiloFilterCol.

Toggle with togHilo.

✅ Use Case:

Helps identify volume-driven candles with high delta activity.

Delta ratio filters show if buyers/sellers dominated disproportionately.

High-Low filter isolates significant candles with large price moves.