Complete Volume Breakdown indicator information along with preferences descriptions.

The VB Indicator is a way to track who is being more aggressive in the market and provide a way of tracking order flow with respect to volume.  It serves as a great way of following momentum in a market, especially for volatile instruments. We often refer to this number as the DELTA.

It breaks down the volume according to who is aggressively attempting to influence price to go their way in the market.  If volume occurs on the ask (offer), delta will be a positive number, indicating the buyers actions are aggressively attempting to influence offer to become bid.  If more volume occurs on the bid, MarketDelta will be a negative number, indicating the seller actions are aggressively attempting to influence the bid to become ask (offer).

1. To add this indicator to a traditional chart click the Add Indicator button 

           on the chart toolbar OR press the INSERT key on the keyboard to open the add indicator window.

    2. Choose Volume Breakdown Indicator from the list below.

Once applied, the indicator should look something like below, however there are many different ways this indicator can be applied, so play around with it and see how useful it can become.