ZenAlgo - Heavy Delta Indicator
Heavy Delta is an overlay toolkit for reading price structure, relative volume, delta disagreement, momentum, and value references in one chart. It is most useful for finding confluence: a symbol is stronger when it agrees with an order block, the moving-average structure, AVG/D VWAP direction, and the broader trend state.
How to read it
- Start with price location: order blocks, Daily Open, Monday Range, VWAP, and AVG show where price is trading relative to important value and structure.
- Read trend context: MA13, MA21, EMA50, and EMA200 show short-to-long-term direction. The status table condenses their direction and the other active filters.
- Use delta and momentum symbols as confirmation or warning, not as isolated entries.
- Give more weight to signals that agree with the
TREND,POSITION, andSIGNALcells in the table.
Heavy Delta contains many optional features, so it is usually better to begin with AVG, moving averages, order blocks, and the signal table. Add the more specialized symbols only after those references are familiar.
Lines, symbols, and table values
| Visual | Meaning |
|---|---|
| MA13 / MA21 / EMA50 / EMA200 | Trend structure from fast to slow; line thickness increases with length |
| AVG | Composite value/trend reference |
| VWAP / D VWAP | Volume-weighted value reference; D VWAP is also compared with AVG |
| Order-block boxes | Active supply/demand areas derived from volume and price structure |
| Rocket below / flag above | Bullish / bearish reaction from an order block |
| Green dot below bearish candle | Positive delta disagrees with candle direction |
| Magenta dot above bullish candle | Negative delta disagrees with candle direction |
| Blue diamond below / white diamond above | Positive delta in oversold WT1 / negative delta in overbought WT1 |
💠 / 🐋 | Bullish Take Off level 2 / level 3 |
🧨 / 🐘 | Bearish Bomb level 2 / level 3 |
| Tiny bull diamond / bear triangle | Full Bull / Full Bear while price is in an order block |
| Small bull diamond / bear triangle | Strongest Full Bull / Strongest Full Bear |
| Cyan / purple X | D VWAP crosses above / below AVG |
The signal table shows MA13, MA21, EMA50, EMA200, OB, DELTA, WAVE, FLOW, DIVERGENCE, RSI, D VWAP, AVG, POSITION, TREND, and final SIGNAL. Colors summarize direction; always read the text value as well.
Alerts
Heavy Delta provides these built-in alerts:
| Alert | Typical use |
|---|---|
| Full Bull Alert / Full Bear Alert | Monitor the broad full-direction condition |
| D VWAP crossed above AVG / below AVG | Detect a change in the relationship between daily value and AVG |
| Strongest Full Bull Signal / Strongest Full Bear Signal | Monitor the strictest final signal |
Rockets, flags, delta dots, Take Off/Bomb symbols, standard diamonds, Daily Open, Monday Range, and table state changes do not have their own built-in alert conditions.
Detailed features
Order Blocks
In Heavy Delta, an Order Block is a price zone derived from prior price and volume behavior. It marks an area where the market previously moved with enough force to make a later revisit worth watching.
Moving Averages (MA)
Heavy Delta includes four customizable moving averages. Together they show how short-, medium-, and longer-term price direction relate to one another.
PVSRA Candles
PVSRA Candlestick Coloring compares price movement, candle spread, and volume. Its purpose is to make unusually active candles easy to notice without opening a separate volume panel.
Flags and Rockets Symbols
Flags (🚩) and Rockets (🚀) mark bearish and bullish reactions around active Order Blocks. They help you find candles where the order-block logic and directional conditions agree.
Delta Symbols
Delta in trading measures the difference between buying volume and selling volume over a specific timeframe, indicating whether buyers or sellers were more aggressive during that period.
Blue and White Diamonds
The blue and white diamonds combine an opposing-delta condition with an extreme WaveTrend reading. They highlight moments where participation and momentum make a possible reversal worth inspecting.
Strong Symbols
Strong Symbols combine an opposing-delta anomaly, an extreme WaveTrend condition, and a bullish or bearish reaction from an order block. They are visual warnings or confirmations, not guaranteed entries.
AVG Indicator
The AVG line is an adaptive reference calculated with a K-Nearest Neighbors approach. It moves with the market and helps show whether price is trading above, below, or far away from its recent adaptive value.
Daily Open Indicator
The Daily Open marks the first price of the new day. It provides a simple baseline for judging whether the current session is trading above or below where it began.
Monday Range Indicator
The Monday Range records Monday's high and low and extends them through the rest of the week. It gives later price action a fixed weekly reference.
VWAP Indicator
Volume-Weighted Average Price (VWAP) is an average price weighted by traded volume. Unlike a simple moving average, periods with more activity have more influence on the line.