Sep 9, 2022Liked by Smashelito

Hi smash,

you’re showing daily volume profiles across from the daily market profiles. The volume profiles are grey but some bars are blue and some are reddish. What do the colors signify? Volume spikes? How do you determine the colors?

Many thanks,


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Hey Martin,

That is a Delta profile, which represents the Delta distribution over a time frame on the price scale.

Delta = Net difference between aggressive buyers and sellers at a given price level.

Pink = Negative Delta

Blue = Positive Delta

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