We’ve added a Standardised Cumulative Delta indicator for cTrader that takes inter-market sentiment tracking to the next level. Instead of focusing on a single symbol, this tool standardises price-based deltas across multiple instruments, revealing where markets are moving together or diverging. It converts each symbol’s candle delta (Close minus Open) into z-scores, normalising volatility and creating a clear view of bullish and bearish pressure across markets.
What It Does
- Calculates per-symbol deltas from price data (not broker volume) and converts them into standardised z-scores.
- Aggregates positive and negative deltas into Bullish Density and Bearish Density histograms.
- Supports Average Mode (mean-based) and Envelope Mode (extreme-based) density calculations.
- Displays an on-chart dashboard showing live standardised values per symbol and last update time.
Why Use This Instead of a Normal Cumulative Delta
Traditional cumulative delta indicators only show one market and can’t compare volatility differences.
This version solves that by using statistical normalisation, putting all symbols on the same scale.
It means EURUSD, GBPUSD, XAUUSD, and others can be compared directly, revealing synchronised trends and sentiment shifts that standard deltas miss.
How to Use It
- Add up to ten symbols in the input parameters.
- Watch the histograms: strong green bars signal broad buying pressure, red bars signal broad selling.
- Use Average Mode for a smoother market-wide sentiment view, or Envelope Mode to highlight the strongest movers.
- Combine it with trend indicators like LWMA or SDMA, and momentum tools like RSI or MACD for higher accuracy.
- Beginners can start by tracking three correlated symbols and observing density changes during news events.
Inputs at a Glance
- Lookback mode (Auto or Manual).
- Manual lookback bars (default 500).
- Density mode (Average or Envelope).
- EMA smoothing period.
- Toggle bullish/bearish density visibility.
- Enable or disable dynamic colour mode.
- Dashboard corner, offsets, colours, and text style.
- Up to ten symbols with custom colours.
Best Paired With
- RSI or MACD – confirms underlying momentum.
- Moving Averages (LWMA/SDMA) – aligns signals with trend direction.
- Volume Surprise Indicator – highlights when large participation supports a density change.
👉 [Learn more and download it at https://clickalgo.com/cumulative-delta
