1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Adaptive Volume Delta Map requests an anchor timeframe, optionally at seconds or tick resolution, and splits volume into buy and sell sides using bid and ask data when that option is on. It maps volume across price rows, flags imbalance above a percentage threshold, and tracks a value area with point of control, value area high, and value area low. Main settings change row size, row count, calculation length, and the value-area percentage. It disables the map when more than fifty price levels appear.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Anchor period
timeframe
anchorInput
Use Seconds resolution
bool
false
use_seconds
Use Tick resolution
bool
false
use_tick
Use Bid Ask calculated
bool
true
use_bid_ask
Show volume distribution
bool
true
show_volume_map
Imbalance
int
300
imbalance
Ticks Per Row
int
40
tick_per_row
Auto
bool
true
auto_tick_per_row
count_rows_bar
int
10
count_rows_bar
Calc Bars Count
int
100000
calc_bars_count
Value area
int
70
value_area
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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