DELTA7 Histogram is placement of the DELTA7 core functionality script into a centered oscilator show up 3-layered waves. (this is not a signal bot. It's meant for analysis as toolkit for DELTA7 Suit traders)
Each wave are the reperesentation of the DELTA7 on-chart overlay trends plotted into a centered oscilator.
The Delta Lead is ploted as the baseline and the difference between Delta Lead, Delta-Price and Price Average from each wave.
This indicator will allow the trader/analyst to make observations around how extended are the trends against each other as well as serving as basis for divergence and trendline studies plotted manually by the analyst. The oscilator turn green/red (default color-scheme) as observable the main chart overlay.
This offer a horizontal plotted view of the same on-chart DELTA7 trends while making divergences or hyperbolic rallies more evident.
It also has the same DELTA7 scoring ploted into the baseline that match the default settings on DELTA7 ot alternatively user chan check in options for one of the available 7 scorings.
Furthermore, script has 7 available color-scheme themes (4 for dark background and 3 for light backgrounds)
DELTA7: DELTA7 RSI :
This script is optional and meant to be used in combo with DELTA7 Suit main scripts. Traders interested in this suit need to get in touch via DM or contact provided in signture.
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• Visibility fix
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• Length replaced with 4 Base Length options "Normal, 1/2, 2x and 4x".
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• Script Simplification
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• Upgraded Histogram to optionally choose between DK or Kurutoga Clouds present in DELTA7
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• Quick Fix
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• Kurutoga Fix • Adjusted some transparencies on both modes
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• Quick Fix
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• Added "Darwin" Theme to all 4 scripts of the Suite
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• Added new dark theme "Mate"
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• Re-work of Histogram in line with DK Cloud in two distinct options: Delta Lead and K Lead.
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• Update to DELTA7 Scoring
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• Quick fix to candle source and simplified script
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• Updated short name to "D7 Hist"
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Rework of this script in order to provide more useful information in combination with rest of the D7 Suite. • Now show a 3-layered Histogram with calculation based on Delta Lead and Delta MA
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• Major update to bring more actionable utility inline with other scripts of the suite.
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• Added two new Themes: "Mono", "Sudo" • Shifted "Half" Base Length as the new "Normal". Former "Normal" is now 2x and so on. • Removed "Half" Option for simplicity (users should lower timeframes instead)
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• Changed base settings to reflect update to the D7 main script changes including cloud and the D7 MA basis.
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• Conversion to Pinescript 5 • Small Bug Fix in Flags.
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- Changed D7 MA from line to an histogram layer - Added extra optional base length multipliers. - Removed Flags
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Fixed visual bug affecting how down pressure was being emphasised when there was stronger momentum on the RED side of the histogram.