OPEN-SOURCE SCRIPT
True Net Delta Under Candle
TRUE NET DELTA UNDER CANDLE
True Net Delta Under Candle is a clean and minimal order-flow tool designed for traders who want to see the actual net delta value for each candle without the clutter of a full footprint display.
Instead of filling the chart with stacked bid/ask numbers, this indicator prints a single net delta number directly below each candle, making it easier to read buying and selling pressure at a glance.
The value shown under each bar is:
Buyers - Sellers = Net Delta
A positive number means aggressive buying dominated that candle.
A negative number means aggressive selling dominated that candle.
This indicator is especially useful for traders who like footprint-style information but prefer a much cleaner visual layout on the chart.
What this indicator shows
The true net delta for each candle
Green text for positive delta
Red text for negative delta
Gray text for neutral delta
A simple number below the candle instead of a full footprint ladder
Why use it
Many traders want order-flow information, but full footprint charts can become visually overwhelming very quickly. This script helps solve that problem by displaying only the most important footprint statistic for each bar: the net result of aggressive buyers versus aggressive sellers.
This makes it useful for:
spotting strong participation candles
identifying imbalance quickly
confirming breakout strength
comparing price movement versus actual buying/selling pressure
keeping charts clean while still using delta-based analysis
Inputs
Ticks per footprint row
Controls the footprint row size used in the native footprint request.
Value Area %
Sets the value area percentage used by the footprint engine.
Show labels on last N bars
Limits how many recent candles display delta values to keep the chart clean.
Minimum absolute delta to show
Filters out smaller readings so only meaningful delta values are displayed.
Show zero delta
Allows neutral bars to be shown if desired.
Offset below candle (ticks)
Controls how far below the candle the delta value is printed.
Text size
Choose from:
tiny
small
normal
large
huge
Best use cases: It may be a game changer to spot the reversals at key levels or to spot the trend continuation or trend reversals at POC in the Volume Profile.
This indicator works well for:
futures traders
scalpers
intraday traders
breakout traders
pullback traders
traders who use volume footprint concepts but want a simplified chart
It can be used alongside:
VWAP
opening range
support and resistance
liquidity sweeps
fair value gaps
volume profile
session highs and lows
Important note
This script uses native footprint data, so availability depends on your TradingView plan and symbol data support. It is intended for traders who want a simplified footprint-style delta readout without displaying the full footprint inside each candle.
Simple interpretation
Large positive delta: buyers were aggressive on that candle
Large negative delta: sellers were aggressive on that candle
Price up + strong positive delta: healthy bullish participation
Price up + weak/negative delta: possible caution or absorption
Price down + strong negative delta: healthy bearish participation
Price down + positive delta: possible trap, absorption, or failed selling
SUMMARY
If you like using delta but dislike cluttered footprint charts, True Net Delta Under Candle gives you a clean way to read order flow directly from the chart, one candle at a time.
True Net Delta Under Candle displays the actual net delta value below each candle using native footprint data. It is built for traders who want clean order-flow insight without the clutter of a full footprint chart. Positive delta is shown in green, negative delta in red, and neutral delta in gray. With adjustable filtering, bar limits, offset, and text sizing up to huge, this tool helps traders quickly read aggressive buying and selling pressure while keeping the chart simple and easy to follow.
True Net Delta Under Candle is a clean and minimal order-flow tool designed for traders who want to see the actual net delta value for each candle without the clutter of a full footprint display.
Instead of filling the chart with stacked bid/ask numbers, this indicator prints a single net delta number directly below each candle, making it easier to read buying and selling pressure at a glance.
The value shown under each bar is:
Buyers - Sellers = Net Delta
A positive number means aggressive buying dominated that candle.
A negative number means aggressive selling dominated that candle.
This indicator is especially useful for traders who like footprint-style information but prefer a much cleaner visual layout on the chart.
What this indicator shows
The true net delta for each candle
Green text for positive delta
Red text for negative delta
Gray text for neutral delta
A simple number below the candle instead of a full footprint ladder
Why use it
Many traders want order-flow information, but full footprint charts can become visually overwhelming very quickly. This script helps solve that problem by displaying only the most important footprint statistic for each bar: the net result of aggressive buyers versus aggressive sellers.
This makes it useful for:
spotting strong participation candles
identifying imbalance quickly
confirming breakout strength
comparing price movement versus actual buying/selling pressure
keeping charts clean while still using delta-based analysis
Inputs
Ticks per footprint row
Controls the footprint row size used in the native footprint request.
Value Area %
Sets the value area percentage used by the footprint engine.
Show labels on last N bars
Limits how many recent candles display delta values to keep the chart clean.
Minimum absolute delta to show
Filters out smaller readings so only meaningful delta values are displayed.
Show zero delta
Allows neutral bars to be shown if desired.
Offset below candle (ticks)
Controls how far below the candle the delta value is printed.
Text size
Choose from:
tiny
small
normal
large
huge
Best use cases: It may be a game changer to spot the reversals at key levels or to spot the trend continuation or trend reversals at POC in the Volume Profile.
This indicator works well for:
futures traders
scalpers
intraday traders
breakout traders
pullback traders
traders who use volume footprint concepts but want a simplified chart
It can be used alongside:
VWAP
opening range
support and resistance
liquidity sweeps
fair value gaps
volume profile
session highs and lows
Important note
This script uses native footprint data, so availability depends on your TradingView plan and symbol data support. It is intended for traders who want a simplified footprint-style delta readout without displaying the full footprint inside each candle.
Simple interpretation
Large positive delta: buyers were aggressive on that candle
Large negative delta: sellers were aggressive on that candle
Price up + strong positive delta: healthy bullish participation
Price up + weak/negative delta: possible caution or absorption
Price down + strong negative delta: healthy bearish participation
Price down + positive delta: possible trap, absorption, or failed selling
SUMMARY
If you like using delta but dislike cluttered footprint charts, True Net Delta Under Candle gives you a clean way to read order flow directly from the chart, one candle at a time.
True Net Delta Under Candle displays the actual net delta value below each candle using native footprint data. It is built for traders who want clean order-flow insight without the clutter of a full footprint chart. Positive delta is shown in green, negative delta in red, and neutral delta in gray. With adjustable filtering, bar limits, offset, and text sizing up to huge, this tool helps traders quickly read aggressive buying and selling pressure while keeping the chart simple and easy to follow.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.