Glossary of terms and concepts

Cumulative delta

Cumulative difference

Cumulative – (lat. Cumulatio increase, accumulation)

Delta is the difference between market (non-limit) orders executed at the ASK price and the BID price.

Any transaction on the exchange takes place in the order of turn due to a counter order (limit order).

Counting transactions executed by a market order at the ASK price and at the BID price gives us the formula:

  • BID – ASK = Delta

Displayed as a line below the graph.

If it grows, then market orders are buying more than selling. Performing someone’s limit sales.

If it falls, it means market sales, perform limit purchases.

Resonance Trading Technology crypto terminal cluster analysis cumulative delta

Loaded some range. And from the bottom line is immediately built. Each new tick changes the delta value.

At the beginning of the loaded range, the delta value is always small.

Resonance Trading Technology crypto terminal cluster analysis cumulative delta

On the next candlestick, the delta value will change in a positive or negative direction. Depending on who prevails, market buyers or sellers.

The value of the delta in the current candlestick takes into account the value of the delta in all previous candles.

Resonance Trading Technology crypto terminal cluster analysis cumulative delta