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DELTA7

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DELTA7 (Advanced Chart overlay)
DELTA7 System is a full-featured system with an advanced chart-overlay and an augmented RSI oscillator that doesn't require any further indicators.
It's a complete solution focused on being simple and minimal for a traders/investors that want to make decisions based on price, trend, momentum and market structure.
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DELTA7 System is a full-featured system with an advanced chart-overlay and an augmented RSI oscillator that doesn't require any further indicators.

It's a complete solution focused on being simple and minimal for a traders/investors that want to make decisions based on price, trend, momentum and market structure.

Showcase of some of the options enabled/disabled and avaiable starting color themes (4 dark, 3 light)

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• Replaced Trailling-MA Highlight with Delta-Lead Highlight. Better balanced Support/Resistance.
• Removed Price-Action Scoring with objective to consolidate more focus on DELTA7 Scoring between diff timeframes.
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In order to streamline script to be faster and more focused on Delta-Price and multi-timeframe use. Decided to:
• Remove 50/200 MA option (people can load 3rd party scripts)
• Remove Market Lead (A push to make chart cleaner and invite users to check higher timeframe DK Lead levels)

Need to re-emphasise that DELTA7 is meant to be used as trading-bot or signal-provider. It's purpose is to be tool that assist the trader with trend and momentum swing/macro opportunities while also outlining some important market S/R levels.


Risk, Emotions and Money Management are still most important part of being profitable in trading.

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• Choose Between DK Cloud (Good for Trends) or Kurutoga Cloud (Good for Support/Resistance Zones)

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• Performance improvement
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• Length replaced with 4 Base Length options "Normal, 1/2, 2x and 4x".
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• Update Default Settings
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• Update to DELTA7 and DELTA7 RSI Scoring
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• Improvement script menu options
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• Re-Introduced HTF PoC Levels
• Default Score Strategy set to "DELTA7 RSI"
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• Quick Fix
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• Added DELTA7 Score now have multi-display modes: Flags / Candles / Flag+Candles
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• Added "Darwin" Theme to all 4 scripts of the Suite
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• PoC Fix
• Options Menu reorg
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• Visual Fix on Delta MA
• Change of Default Settings
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• Added LDK Cloud (a lighter/leaner version of the DK Cloud)
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• Added "PoC Levels" to strategy selector
• Delta Lead and K Lead strategies will now print neutral flags when price trend against the dominant trend.
• Delta Lead is now default strategy (user need to manually switch to DELTA7 or DELTA7 RSI strategies for higher timeframes)

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• Change in DELTA7 RSI scoring
• Change in PoC scoring
• Default Settings Optimised


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• Update to DELTA RSI scoring strat to reflect recent change in DELTA RSI script.
• PoC levels now disabled by default
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• Fixed PoC strategy
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• Added new dark theme "Mate:

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• Removed non-core strategies
• Update to core strategies
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• Small change to Momentum background highlight
• DK and Delta Lead lines now thinner
• Delta MA/Price line also thinner
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• LDK Cloud fix
• LDK now visible by default.
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• Update to DELTA7 Scoring
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• Made adjustment to RSI Momentum background highlights to reflect recent changes made to DELTA7 RSI
• Change in Default visible cloud
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• Introduced Volume Relative Strength Background Highlights that blend with momentum highlights
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• fixed issue that was affecting tickers with no volume.
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• K-lead hidden by default
• Small visual fix to PoC and now is visible by default
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• Rename short tittle to D7
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• Major Update to D7 scoring and consolidation into 2 main strategies D7 and D7+ (less noisy) scorings.
• Removed LDK CLoud
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• Added DL Cloud
• organised options menu with new "Inline" settings
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• Strategy now working on smaller datasets. This is particularly on higher timeframes where we may not have long enough data.
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• Removed PoC in order to make script slightly faster.
• The PoC Levels now moved into a dedicated D7 Levels script which also include Daily, Weekly and Monthly Opens as options.
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• TV having some back-end issues that messed up script. Pushed work-around and script now working.
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• Quick but fix. Delta Lead was showing two lines.
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• Added small Score monitor to Bottom Left of chart.
It will display D7 and D7+ Scores and include count of bars in current last closed state.
It also add short label with classification of the trend and whether user should consider normal or reduced risk or staying flat.
this option can be disabled in the settings menus
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• Some slight visual improvements.
• Scoring Monitor update.
• Change in D7 RSI Overbought/Oversold bands also reflected internally for momentum background highlights.
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• Update Momentum and Volume highlights in conformity with changes made to D7 RSI.
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• Added Chikou S/R levels (can be disabled in options)
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• Phased Base Length options. Former Normal is now Half. Normal is now former 2x and so on.
• This change affect Chart Clouds and D7/D7+ Strategy Trend Scores
• With this change it remove some of the noise and also give space for Cloud levels to be retested without the need to change Daily timeframe to the 2D for example. It also put emphasis on the Neutral score/flags user can always make use of the "Half" Base Length setting.
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• Removed Chickou S/R
• Added option to make Scoring Monitor more simple

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• Added two new Themes: "Mono", "Sudo"
• Removed Momentum and Volume Background Highlights
• 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)
• Fixed Issue with score board
• Adjusted visibility of cloud layers.
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• Change of default cloud to 'DL Cloud'
• Adjusted visual layout of all 3 diff cloud types
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Major update
- Change of normal base length to become former 4x and everything else with.
- D7 MA is now more adaptable to lower timeframes.
- Scorings are not less noisy and allow flexibility usefulness in lower timeframes.
- Visible clouds now have reversed colour schemes for better visibility and order of priority
- DK cloud now also adjusted to the new D7 as basis
- Trailing Stop (TS1) suggestion now adapted to new D7 MA
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• Conversion to Pinescript 5
• Improvements into D7/D7+ scoring
• Cloud Visuals Update
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• Removed 2nd Layers of DK and DL Clouds in order to simply reading and improve chart readability.
• Increased transparency of the Clouds and D/K Leads Lines for more aesthetic and less overwhelming visuals.
• Scoring Monitor is now set "Minimal" by default
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Visual Fix
• K & D Lead lines now more visible.
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KL Cloud Improvement
• Brought back the 2nd Layer
• Better Visibility.
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• Updated D7 and D7+ scorings to refelct improved strategy
• Color Coded D7 Candles are now enabled by default
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Scoring changes.
- Improve D7 Scoring to detect earlier Neutral or Trend Divergences (as warning to look into LFT)
- Slight change in visual transparency of the clouds.
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  • Visibility improvements for all D7 MA and all Clouds
  • Added second layers to KL and DL Clouds.
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Few changes.
- Upgraded to new D7+ scoring in replacement of old mostly influenced by momentum of which often redundant as standard D7 scoring already have momentum embedded. (D7 remain candle default where user can choose to switch to D7+ in options)
- Scoring Monitor. Removed descriptive text and display can now also be placed at the bottom right or centre as well.
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