Description
📊 Fib Volume Delta Indicator (FREE)
Fibonacci, Projection & Real Volume Delta for cTrader
🆓 Fib Volume Delta Indicator is a free professional indicator for cTrader, designed to help traders analyze Fibonacci retracements, market structure, and real volume delta in a clean and intuitive way.
This indicator is the foundation of the Fib Volume Delta Bot, providing the same logic in a manual, visual form.
📌 For the Indicator (Manual Analysis)
Related Tool Notice
This indicator is the analytical foundation of the Fib Volume Delta Bot, an automated trading solution built on the same Fibonacci and volume delta logic.While the indicator is designed for manual analysis and decision support, the cBot transforms this logic into a fully automated strategy with advanced risk and trade management. https://ctrader.com/it/products//3006/?u=Labot
🔍 WHAT THE INDICATOR DOES
The indicator automatically:
✅ Detects swing high & swing low
✅ Draws key Fibonacci levels
✅ Calculates real volume delta (bull vs bear tick volume)
✅ Projects potential price targets using Fibonacci projection
✅ Works on Forex, Crypto, Indices
No repaint.
No simulated volume.
No clutter.
🧮 CORE FEATURES
📐 Fibonacci Structure
- Automatic detection of the current price range
- Fibonacci levels drawn dynamically:
- 23.6%
- 38.2%
- 50.0%
- 61.8%
- 78.6%
- Bullish or bearish logic based on swing order
🔮 Fibonacci Projection
- Optional projection line to estimate future price targets
- Uses the same swing range
- Ideal for:
- take profit planning
- risk/reward evaluation
- scenario analysis
📊 Real Volume Delta
- Calculates bullish vs bearish tick volume
- Displays:
- Bull volume
- Bear volume
- Delta (Bull − Bear)
- Helps identify:
- absorption
- divergence
- strength or weakness behind moves
⚠️ Uses real tick volume, not simulated data.
⚙️ PARAMETER EXPLANATION
🧭 Swing Detection
- 🔢 Swing Period
- Number of bars used to detect the swing high and swing low
- Higher value = more stable structure
- Lower value = more reactive structure
📊 Volume Delta
- 👁 Show Volume Delta
- Enable / disable the volume delta text on chart
🔮 Projection
- 📈 Show Projection
- Enable / disable Fibonacci projection
- 📐 Projection Fib Level
🧠 HOW TO USE IT
✔ Identify key retracement zones
✔ Confirm entries with volume delta
✔ Project realistic targets
✔ Combine with price action or trend filters
✔ Perfect for manual trading or semi-automated workflows
🤖 INDICATOR + BOT WORKFLOW
This indicator is the visual and analytical base of the Fib Volume Delta Bot:
- 📊 Indicator → analysis & confirmation
- ⚙️ cBot → execution, risk management & automation
You can:
- use the indicator alone (manual trading)
- or pair it with the cBot for full automation
🆓 FREE & TRANSPARENT
✔ Completely FREE
✔ No locked features
✔ No external dependencies
✔ Designed for professional traders
⚠️ DISCLAIMER
This indicator does not generate signals by itself.
It is a decision-support tool, meant to be used with proper risk management and market context.
Summary
Key features include dynamic Fibonacci level drawing based on current price ranges, real tick volume data (not simulated), and a clean, non-repainting interface. Users can customize swing detection sensitivity, toggle volume delta display, and enable or disable projection lines with selectable Fibonacci extension levels.
This indicator serves as the analytical foundation for the Fib Volume Delta Bot, an automated trading solution that applies the same logic for trade execution and risk management. It is intended as a decision-support tool to identify retracement zones, confirm entries with volume delta, and project realistic targets, suitable for manual or semi-automated trading workflows.
