OVERVIEW
ScalperIQ Delta Flow is a technical indicator designed for analyzing intraday order flow dynamics. It highlights changes in buying and selling pressure through the visualization of delta shifts, allowing traders to identify momentum reversals, absorption zones, and key transitions in market control. The tool provides structured visual data intended to support timely, informed decision-making.
This study is currently available for use on MotiveWave and EdgeProX platforms. Support for additional trading platforms is planned for future releases.
WHAT IS DELTA?
Delta measures the difference between aggressive market orders executed at the ask and bid prices. When more orders are executed at the ask, delta is positive, indicating buying pressure. Conversely, when more orders are executed at the bid, delta is negative, reflecting selling pressure. Delta analysis can help identify short-term imbalances and shifts in control between buyers and sellers.
HOW IT WORKS
ScalperIQ Delta Flow calculates bar-level delta values and visualizes them through candle coloring, delta pivot markers, and adaptive zone overlays. These elements reflect the intensity and direction of market aggression and provide insight into areas where sentiment may be shifting. All components are configurable to suit various styles of trading, with options to optimize both performance and visual clarity.
SETTINGS PANEL
CANDLE COLORS & AVERAGING PERIOD
These parameters configure the core logic of delta measurement and visualization.
Positive Delta Color: Defines the color used when delta is positive. This color represents buying aggression and may be overridden by the selected custom theme.
Negative Delta Color: Defines the color used when delta is negative. This represents selling aggression and may be overridden by the selected custom theme.
Enable Candle Coloring: When enabled, candles are color-coded based on the bar’s delta value. This highlights whether the bar exhibited net buying or selling aggression.
Averaging Period (Bars): Sets the number of bars used to calculate an average of delta. Short periods are more responsive, while longer periods reduce noise.
Delta Threshold: Influences how aggressively candles are colored. Candles are always rendered with some degree of color, but higher thresholds emphasize stronger delta values, while lower thresholds produce less of a gradient and a sharper split between buying and selling colors.
ZONE SETTINGS
Controls the rendering of delta zones—areas where notable buying or selling pressure has occurred.
Enable Zone Drawing: Toggles the display of delta zones on the chart.
Zone Opacity: Adjusts the transparency of the drawn zones.
Custom Zone Threshold: Sets a custom minimum threshold required to form a zone. Lower values produce more zones while higher values produce less.
DELTA PIVOT SETTINGS
Delta pivots indicate locations where buying and selling aggression has flipped with intensity. These are not trade signals, but rather objective markers showing potential shifts in control.
Draw Delta Pivots: Enables the display of delta pivot markers.
Minimum Delta Pivot Intensity: Sets the minimum delta deviation required to qualify a pivot.
Delta Pivot Color (Buying → Selling): Color used to mark transitions from buying to selling aggression.
Delta Pivot Color (Selling → Buying): Color used to mark transitions from selling to buying aggression.
Delta Pivot Marker Size: Controls the size of the pivot marker symbol.
SESSION TIME SETTINGS
Configures whether analysis is limited to Regular Trading Hours (RTH).
Use RTH Data Only: Restricts analysis to RTH if enabled; includes full-session data when disabled.
SMART MODE
In Smart Mode, Delta Zones and Delta Pivots are added and removed automatically based on their intensity values. This mode is for traders who prefer tweaking less settings and having a less cluttered chart. If a Delta Zone or Delta Pivot disappears during a trading session when Smart Mode is enabled it is because a newer zone or pivot is stronger than a previous one. Smart Mode is useful in high-frequency environments where too many signals may obscure meaningful activity.
Max # of Delta Pivots: Sets the upper limit of pivot markers per session.
Max # of Delta Zones: Caps the number of delta zones drawn per session.
PERFORMANCE SETTINGS
Manages how much historical data is processed.
Max Bars to Process: Defines the number of historical bars to analyze.
This setting only affects the initial historical data load when the study is first applied. For example, if set to 8,000 bars, the study will load and analyze 8,000 historical bars upon initialization. As new bars are added in real-time, they will be included in the display, increasing the visible total beyond the configured maximum. However, modifying a setting such as the averaging period or restarting the platform will reset the calculation to process the most recent 8,000 bars from the current bar backward. Lower values improve performance, while higher values allow for deeper context.
ADVANCED SETTINGS
Provides options to extend zone behavior across sessions and preserve historical visuals.
Extend Zones Across Sessions: Allows delta zones to persist beyond the session in which they were formed.
Preserve Historical Zones in Smart Mode: Retains previously drawn zones when Smart Mode is active. To keep charts from being too cluttered, it is recommended to use this setting with a low Max Zone count. Zones will fade out over time to prevent the chart from becoming too cluttered when this setting is enabled.
Extend Zones Across Sessions (number of sessions): Specifies the number of sessions over which a zone may extend. For example - a setting of "1" will extend the previous sessions zones into the current one. A setting of "2" will extend the last two sessions zones into the current one etc.
CUSTOM THEMES
Custom themes apply a consistent color scheme to candle and marker rendering. When enabled, manual customization of individual color parameters is disabled.
Use Custom Color Theme: Enables use of a predefined theme.
Bar Color Theme: Selects a theme from available options:
Super Hero
Sunset Glow
Electric Shock
Frostbite
LICENSING
License validation is required to unlock functionality of the indicator.
License Key: Enter the license key you received when you signed up.
Email Address You Signed Up With: Enter the email you signed up with.
For both - make sure you do not have extra spaces before or after.
HOW TO INTERPRET SIGNALS
Scalper X Delta Flow highlights delta shifts that reflect underlying changes in order flow. Signals include color-coded candles, directional pivot markers, and adaptive delta zones.
CANDLE COLORS
Candles are colored based on delta values. This allows for quick visual assessment of whether a bar was dominated by buyers or sellers.
Positive Delta Candles: Reflect net buying pressure.
Negative Delta Candles: Reflect net selling pressure.
DELTA PIVOTS
Delta pivots identify moments where aggressive market control changes hands. These are not entry or exit signals, but rather context markers to help traders assess the underlying order flow activity.
Buying to Selling Pivots: Indicates a dramatic shift from net buying to selling.
Selling to Buying Pivots: Indicates a dramatic shift from net selling to buying.
DELTA ZONES
Zones are drawn where delta intensity has reached a significant threshold. These zones often serve as areas of interest for potential support, resistance, or price reversion. It is important to note that when a zone formed from aggressive selling is later reclaimed by buyers (i.e., price moves above the zone), it may subsequently act as support, and vice versa for a buy zone reclaimed by sellers. These contextual shifts can offer additional insight into the evolving balance of market pressure.
ScalperIQ Delta Flow supports a variety of short-term and intraday strategies. The indicator is best used in conjunction with other price action or volume-based tools.
Trend Confirmation: Persistent delta alignment with price movement helps confirm trend direction. Strong positive delta in a rising market suggests sustained buyer control.
Reversal Awareness: Aggressive shifts in delta (e.g., through pivots) may precede price reversals. These shifts are especially relevant when they occur at technical levels or after exhaustion moves.
Entry Timing for Scalping: Scalpers may use delta pivots and high-intensity delta zones to identify precise moments of temporary imbalance that provide edge for short-duration trades.
Breakout Validation: Breakouts supported by strong directional delta are generally more reliable. Weak delta on a breakout may indicate a potential fakeout or lack of participation.
Support/Resistance Refinement: Delta zones allow for refined intraday support and resistance analysis based on aggressive order activity rather than static levels.
USE CASES
SUPPORTED BAR TYPES
ScalperIQ Delta Flow is designed to work with the following bar types:
Tick
Constant Volume
Range
Renko
Hybrid Renko
NT Renko
Point & Figure
Reversal
**Other bar types, such as Linear Bars, are currently not supported.
ScalperIQ Delta Flow is currently available for use on the MotiveWave and EdgeProX platforms. If you have platform-specific questions unrelated to ScalperIQ regarding installation, chart settings, or general usage, please refer to the respective platform documentation:
MotiveWave Official Website: https://motivewave.com/
MotiveWave Documentation: https://docs.motivewave.com/
EdgeProX Official Website: https://edgeclear.com/
Support for additional trading platforms is planned for future releases.
PLATFORM SUPPORT
FAQS & TROUBLESHOOTING
Why do positive delta candles sometimes appear in a downtrend, or negative delta candles in an uptrend?
This is due to the Averaging Period setting. A higher averaging period smooths out fluctuations, making delta values more stable but slower to react to changes. This can result in positive delta appearing even as price declines, or negative delta showing up as price rises. In contrast, a lower averaging period reacts more quickly to recent order flow changes but may introduce more noise. Traders should adjust this setting based on their preference for signal stability versus sensitivity and their chosen trading time frame.
I input my license key, but none of my candles are colored, and I don't see any markers or zones.
If your study is not displaying any visual elements after entering the license key, try the following troubleshooting steps:
Toggle a Setting: Adjust any setting within the study’s configuration panel and apply the changes to see if it resolves the issue.
Remove and Reapply the Study: Delete ScalperIQ Delta Flow from your chart and reapply it.
Verify Your License Key: Double-check that the license key was entered correctly without extra spaces or errors.
Restart the Platform: If the issue persists, restart MotiveWave or EdgeProX and reload the study.
Contact Us: If you’re still having trouble please email us at info@scalperIQ.com with “Troubleshooting” in the subject line.
Can I use this indicator on Linear Bars?
At this time, linear bars are not supported.
Why do delta zones and delta pivots change position when I modify the averaging period?
Changes to the averaging period setting affect how delta values are processed and visualized. Modifying this input alters the context used to evaluate what qualifies as a significant delta shift. As a result, the placement or presence of delta zones and pivots will adjust accordingly. This is expected behavior and reflects the recalculation of data under the new configuration.
I have Smart Mode enabled and see less zones/delta pivots than in my max settings. Why?
The setting specifies the maximum number of pivots/zones that may be displayed. If fewer pivots/zones appear, it means fewer qualifying areas were detected than the max setting.
Why aren’t my candles changing color?
Ensure "Enable Candle Coloring" is active and that delta values exceed the threshold. If a custom theme is selected, individual color overrides will be disabled.
Why don’t I see delta pivots?
Confirm that "Draw Delta Pivots" is enabled and consider lowering the "Minimum Delta Pivot Intensity" to include more subtle shifts if not in Smart Mode.
How do I reduce chart clutter?
Enable Smart Mode and adjust the maximum number of pivots and zones to be displayed per session.
Why is the indicator running slowly?
Decrease the "Max Bars to Process" value to limit the amount of historical data being analyzed.
Can I use this during pre-market or extended hours?
Yes. To include all trading hours, uncheck "Use RTH Data Only."
When I turn RTH Data Only on or off, my markers and zones change positions. Why?
This occurs because the calculation for delta zones and pivots is based on the data available. When "Use RTH Data Only" is enabled, calculations are performed using only regular trading hours, excluding pre-market and after-hours data. When disabled, the full session is included, which can impact where zones and pivots appear.
Why do I see different signals than another user on the same asset and timeframe?
Tick data is inherently noisy and can vary slightly between users due to differences in data feed timing or how local data is stored. Complete synchronization between users may not always be possible, especially if one user’s chart has been running longer than another's.
However, differences in alignment do not reduce the accuracy of signals. The indicator is designed to adapt to incoming data consistently, meaning that even if two users see slight variations, the signals themselves remain reliable and relevant for each user's setup.
If you notice a difference, you can try the following to attempt realignment:
Remove ScalperIQ from the chart.
Follow the instructions for your platform to clear local data.
Re-add ScalperIQ to the chart.
This process may or may not help to realign signals, but it ensures that your chart is loaded fresh from the most recent data available..
For all other questions please email info@scalperIQ.com