Delta Force Indicator

Delta Force Indicator

The Delta Force indicator for MT5 displays extreme zones in the market that suggest a potential trend reversal.

The Delta Force indicator for MetaTrader 5 is a volatility indicator designed to detect potential trend reversal zones in a financial trading instrument. The indicator’s algorithms track previous extremes at which the price reversed due to low market volatility.

Therefore, the indicator displays extreme price zones with a histogram of red and green bars. Thus, long histogram bars indicate that the market is overextended, suggesting a potential trend reversal.

The longer the histogram bars, the higher the likelihood of a trend reversal due to excessive market expansion.

How to Trade with the Delta Force Indicator for MT5
The EURUSD chart below shows the various extreme zones identified by the indicator.

Green histogram bars indicate that the bullish trend has reached its potential limit and is thus ready for a possible reversal to the downside. Likewise, red bars also indicate the potential exhaustion of a bearish move, which could likely lead to a trend reversal.

So, for example, you can look for an opportunity to sell/short an asset when the indicator prints green histogram bars. However, the indicator signal is most beneficial in a trending market. This means that in an uptrend it is most reliable, for example, to identify buying opportunities after a minor recovery.

Conclusion
The Delta Force Indicator for MT5 is a technical trading tool that is sensitive to price elastic limits, which is useful for identifying trend reversal opportunities. In addition, the indicator is recommended for scalpers and day/intraday Forex traders.