OPEN-SOURCE SCRIPT

Volume Delta Pressure Tracker by GSK-VIZAG-AP-INDIA

981
📢 Title:
Volume Delta Pressure Tracker by GSK-VIZAG-AP-INDIA

📝 Short Description (for script title box):
Real-time volume pressure tracker with estimated Buy/Sell volumes and Delta visualization in an Indian-friendly format (K, L, Cr).

📃 Full Description
🔍 Overview:
This indicator estimates buy and sell volumes using candle structure (OHLC) and displays a real-time delta table for the last N candles. It provides traders with a quick view of volume imbalance (pressure) — often indicating strength behind price moves.

📊 Features:
📈 Buy/Sell Volume Estimation using the candle’s OHLC and Volume.

⚖️ Delta Calculation (Buy Vol - Sell Vol) to detect pressure zones.

📅 Time-stamped Table displaying:

Time (HH:MM)

Buy Volume (Green)

Sell Volume (Red)

Delta (Color-coded)

🔢 Indian Number Format (K = Thousands, L = Lakhs, Cr = Crores).

🧠 Fully auto-calculated — no need for tick-by-tick bid/ask feed.

📍 Neatly placed bottom-right table, customizable number of rows.

🛠️ Inputs:
Show Table: Toggle the table on/off

Number of Bars to Show: Choose how many recent candles to include (5–50)

🎯 Use Cases:
Identify hidden buyer/seller strength

Detect volume absorption or exhaustion


✅ Compatibility:
Works on any timeframe

Ideal for intraday instruments like NIFTY, BANKNIFTY, etc.


Ideal for volume-based strategy confirmation.

🖋️ Developed by:
GSK-VIZAG-AP-INDIA

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