ZenAlgo - Aggregated Delta

ZenAlgo - Aggregated Delta is a versatile indicator designed to provide a complete view of market sentiment by aggregating data from multiple exchanges and combining advanced analytical tools. With cumulative delta, divergence detection, moving averages, and dynamic temperature zones, this indicator helps traders identify trends, reversals, and market extremes with unprecedented clarity and efficiency.

By consolidating these features, ZenAlgo - Aggregated Delta reduces the need for juggling multiple indicators, saving time and enhancing the reliability of trading signals.


Features

• Multi-Exchange Aggregation: Aggregates buy and sell volumes from up to nine exchanges, including Binance, Bybit, and Coinbase. This feature provides a more accurate view of market sentiment by mitigating anomalies from individual exchanges.
  
• Cumulative Delta Analysis: Tracks the net difference between buy and sell volumes, giving insight into market sentiment and potential reversals.
  
• Divergence Detection: Regular and hidden divergences for cumulative delta, moving averages (MAs), and buy/sell volumes. Detects patterns that often signal reversals or trend continuations.
  
• Dynamic Temperature Zones: Identifies "Extreme Hot," "Hot," "Cold," and "Extreme Cold" zones using standard deviations of a slow moving average. These zones highlight market extremes for better decision-making.
  
• Moving Averages (MA): Includes three configurable MAs for trend analysis and identifying crossovers, offering additional confirmation of signals.
  
• Overbought/Oversold Levels: Utilizes configurable thresholds to detect overbought and oversold conditions with visual markers.
  
• Cumulative Volume Trends: Tracks and compares cumulative buy and sell volumes over configurable periods, identifying rising or falling trends for validation of market sentiment.
  
• Market State Assessment: Dynamically evaluates market states (e.g., "Full Bull," "Bearish") by combining cumulative delta, volume trends, and temperature zones.
  
• Customizable Alerts and Visualization: Offers real-time alerts for divergence, crossovers, and extreme zones, alongside visual customization for themes, labels, and markers.
  

Added Value: Why Is This Indicator Original?

ZenAlgo - Aggregated Delta stands out by integrating advanced analytics into a single, cohesive tool:

• True Multi-Exchange Support: Aggregates data from multiple exchanges to provide a holistic market view, reducing inaccuracies caused by single-source data.
  
• Synergy of Features: Combines cumulative delta, divergences, temperature zones, and MAs, creating a unified framework that reveals patterns not visible with standalone indicators.
  
• Customizable and Comprehensive: Eliminates the need for complex setups by offering pre-built synergies and visualization tools.
  
• Real-Time Market Analysis: Dynamic alerts and markers enable users to act quickly, saving valuable time compared to managing multiple indicators.
  

How It Works

1. Volume Aggregation: Buy and sell volumes are computed based on price action and aggregated from up to nine exchanges. Invalid or missing data is handled gracefully to ensure reliable metrics.
   
2. Cumulative Delta: The net delta (buy - sell) is calculated and accumulated to track shifts in market sentiment.
   
3. Temperature Zones: The third moving average's mean and standard deviation are used to define dynamic thresholds for identifying extreme market conditions.
   
4. Divergences: Cumulative delta and MAs are analyzed for regular and hidden divergences using fractal-based logic. Volume divergences highlight discrepancies between buy and sell pressures, providing additional signals.
   
5. Overbought/Oversold Levels: Configurable thresholds (wt1 and wt2) signal when the market is overbought or oversold, with visual markers for clarity.
   
6. Market State: The indicator evaluates volume trends, temperature zones, and cumulative delta to assign states like "Full Bull" or "Bearish," simplifying complex market analysis.
   
7. Customizable Alerts: Alerts are triggered for divergences, crossovers, extreme zones, and more, allowing real-time decision-making.
   

Usage Examples

1. Spotting Reversals: Use divergences in cumulative delta near "Extreme Hot" or "Cold" zones to identify potential reversals.
   
2. Trend Confirmation: Combine MA crossovers with cumulative delta to confirm bullish or bearish trends.
   
3. Market Sentiment Validation: Monitor rising or falling cumulative buy/sell volumes to validate sentiment shifts before entering trades.
   
4. Overbought/Oversold Signals: Watch for overbought/oversold markers (wt1 and wt2) to time entries and exits effectively.
   
5. Dynamic Market Analysis: Assess temperature zones to identify extreme conditions and adjust trading strategies accordingly.
   
6. Multi-Exchange Advantage: Compare cumulative delta trends across aggregated exchanges for more robust decision-making.
   

Settings

• Theme Settings: Choose between ZenAlgo or default themes for visual customization.
  
• Exchange Selection: Enable or disable up to nine exchanges for aggregation.
  
• Temperature Settings: Configure multipliers for "Extreme Hot," "Hot," and other zones.
  
• Divergence Settings: Toggle divergence detection for cumulative delta, MAs, and volumes.
  
• Moving Average Settings: Configure up to three MAs with customizable types and lengths.
  
• Volume Settings: Adjust lookback periods and thresholds for cumulative volume trends.
  
• Visualization Options: Customize labels, alerts, and table positioning for enhanced usability.
  

Important Notes

• This indicator is a technical analysis tool and does not guarantee trading success. Use it alongside other indicators and fundamental analysis for a comprehensive trading strategy.
  
• Exchange Data Dependency: Accuracy relies on the integrity of data from selected exchanges.
  
• Volatility Risks: Extreme market volatility may cause false signals, particularly with divergences.
  
• Illiquid Markets: Signals may be less reliable in illiquid conditions due to inconsistent volume data.