Delta (order flow)
Market buy volume minus market sell volume; the net pressure of the aggressive side. A price-delta divergence is watched as a reversal signal.
Positive delta shows buyers are more aggressive with market orders. If price makes a new high but delta doesn't, buying strength is fading; if price falls while delta is positive, the selling is being absorbed (absorption).
Cumulative delta (CVD) tracks net flow through the day. Delta alone doesn't guarantee direction; large limit orders can absorb aggressive flow.
Related terms
Where it appears in the guides
Guides whose text uses this term; most frequent first.
- Footprint grafikleri: delta, imbalance ve absorptionOrder flow & market microstructure
- Kümülatif delta ile teyitOrder flow & market microstructure
- Likidite havuzları ve stop avıOrder flow & market microstructure
- Vadeli platformları: NinjaTrader, Tradovate ve RithmicPlatforms & tools
- Endeks vadelileri: NQ, ES, YM ve DAXMarkets
- Hacim ve hacim profili temelleriTechnical analysis