ZenAlgo - Detector
ZenAlgo Detector is an advanced TradingView indicator that brings together volume analytics, delta analysis, divergences, and momentum overlays—all in one unified view. Its main strength lies in the ability to aggregate and compare Total vs. Perpetual (Perp) market activity across multiple exchanges and highlight sudden shifts or subtle divergences in buy/sell pressure.
This guide explains how to interpret each visual symbol, color, and overlay you see when using the Detector script, using the image above as a reference.
Chart Elements Overview
The Detector indicator adds the following visuals to your TradingView chart:
- Buy/Sell volume lines
- Delta histogram (with specialized color coding)
- Delta Dots (sudden changes in buy/sell pressure)
- Divergence lines and fractal markers
- Delta MA line (momentum of net delta)
- Diamonds 💎 (bullish/bearish confluence markers)
- Dynamic background coloring
- On-chart Total/Perp comparison table
Each is explained in detail below.
Table: Total vs Perpetual Volumes
Location: Bottom right of the chart (can be configured)
The on-chart table gives you at-a-glance numbers for:
- Buy Volume and Sell Volume — summed for Total and Perp.
- Delta — the difference between buy and sell volume.
- Percentage columns for buy/sell sides.
How to use it:
Check the table on the most recent bar to see which market segment (Total or Perp) is dominating.
Line Plots: Buy & Sell Volumes
- Cyan Line: Total aggregated Buy Volume (positive axis)
- Purple Line: Total aggregated Sell Volume (plotted negative for symmetry)
- Gray Zero Line: Reference
How to use it:
Look for spikes or trends in buy or sell lines, which may foreshadow directional price moves.
A sustained increase in buy (cyan) or sell (purple) volume lines can often foreshadow bigger moves or trend changes. Pay attention to divergence between these lines and the actual price action.
Histogram: Total Delta (PVSRA Colors)
The thick, color-coded histogram is the Total Delta (Buy Volume minus Sell Volume).
- Color meanings (PVSRA-style):
- Lime Green: "Climax Up" (very high bullish volume)
- Red: "Climax Down" (very high bearish volume)
- Blue: Above-average bullish volume
- Fuchsia: Above-average bearish volume
- Cyan/Purple: Normal up/down bars (ZenAlgo theme)
How to use it:
Watch for lime/red bars, which often cluster near turning points, breakouts, or exhaustion moves.
When you see a cluster of lime or red bars, be alert for possible exhaustion or reversal—these are typically areas where "something is about to change."
Delta Dots (Circles)
Small, semi-transparent circles above/below candles indicate sudden increases in delta (buy/sell pressure), sized and colored by intensity.
- Location:
- Above bar = Bullish jump ⬆️
- Below bar = Bearish jump ⬇️
- Size indicates magnitude:
- Tiny, Small, Large, Extra
- Color follows PVSRA (lime/blue/cyan for bullish, red/fuchsia/purple for bearish)
How to use it:
- Large/extra dots are rare and signal outsized aggression by buyers or sellers.
- Multiple dots in a row can suggest an acceleration phase or even exhaustion.
Delta Dots are great for spotting "surprise" moves by larger players. A series of dots can reveal momentum phases that aren't obvious from price alone.
Don't use Delta Dots as a standalone entry/exit signal! Always cross-check with other context from the chart.
Fractal & Divergence Lines
Lines and labels connecting pivot highs/lows on volume and delta curves.
- Red/green lines and "R"/"H" labels:
- Red lines (top, "R"/"H"): Bearish divergences on the Delta MA (price makes a new high but delta momentum does not, or vice versa)
- Green lines (bottom, "R"/"H"): Bullish divergences
How to use it:
Divergences often precede reversals or slowdowns; lines help spot where volume momentum disagrees with price action.
Treat divergences as an early warning, not a timing tool. Wait for further price confirmation before acting!
Divergence markers can repaint if pivots are not fully confirmed—always wait for the bar to close to trust a new divergence.
Delta MA Curve
Thick, smooth line (scaled x4 for visibility).
- Color:
- Blue: Rising delta MA (bullish momentum)
- Orange: Falling delta MA (bearish momentum)
- Gray: Flat
How to use it:
The direction and color of this line help identify longer-term volume momentum. Compare crossovers or trend shifts with price movement.
The Delta MA is most powerful when its slope changes direction—watch for color flips and compare to recent price pivots.
Diamond Markers
Green and red diamonds (bottom = bullish, top = bearish) mark areas of multi-factor confluence:
- Green Diamonds (bottom): All of the following are true:
- Bullish delta momentum
- Price above both EMA13 and EMA21
- RSI+MFI rising
- Volume and delta align bullishly
- Red Diamonds (top): Opposite conditions (bearish confluence)
- Size:
- Normal: Stronger signal (RSI+MFI > 0 for green, < 0 for red)
- Tiny: Weaker signal
"Hardcore Mode":
Tiny diamonds highlight rare "contradictory" conditions—useful for advanced users.
How to use it:
Diamonds highlight zones where several technical factors agree. They are not trade signals but useful context markers for potential reversals or continuations.
Watch for clusters of diamonds—these are often zones of heightened confluence and can precede strong directional moves.
A diamond does NOT mean "buy" or "sell" on its own. It means "be alert, many things line up here."
Background Color Zones
Shaded vertical stripes alternate between light/dark cyan/purple.
- Represents:
- Volume dominance and delta direction, dynamically shaded for visual grouping.
- Stronger color = greater imbalance between buy/sell pressure
How to use it:
- Quickly locate periods of strong bullish/bearish dominance.
- Combine with diamond markers and delta dots for context.
When background colors flip or become more intense, it often coincides with regime shifts in the market.
Legend and Practical Reading
| Symbol/Color | Meaning |
|---|---|
| Cyan Line | Buy Volume (total) |
| Purple Line | Sell Volume (total, negative axis) |
| Thick Histogram | Delta (PVSRA colors, see above) |
| Circle Dots | Sudden delta spikes (size = intensity) |
| Green Diamond | Bullish confluence (bottom) |
| Red Diamond | Bearish confluence (top) |
| Background | Volume/delta dominance |
| Table | Total/Perp Volumes and Delta |
| Divergence Lines | Price/volume or delta MA disagreement |
- Use the table to see whether Total or Perp is driving price action.
- Lime/red histogram bars often coincide with reversal or breakout zones.
- Delta dots highlight "surprise" aggression by buyers/sellers.
- Watch for clusters of diamonds for potential pivot areas.
- Divergences suggest caution if trading with the prevailing price move.
Cautions & Limitations
- Volume is aggregated across exchanges, but data availability and liquidity can differ.
- Buy/sell split is an approximation based on candle structure—not true order flow.
- Divergence signals are analytical aids—not always leading, and may repaint after new bars.
- All visuals are contextual—combine with broader analysis and risk management for best results.
- Hardcore mode is for experienced users; it highlights rare "contradictory" events.
Summary
The ZenAlgo Detector is a multi-exchange, multi-market volume analyzer that visually aggregates and clarifies complex volume flows and momentum. Each marker and color helps you build a more complete picture of buyer/seller aggression, key divergences, and confluence zones, all at a glance.
Use this guide as a legend and reference whenever interpreting the indicator's visuals!