Better Volume Indicator, Cluster Delta

Learn to interpret Better Volume and Cluster Delta indicators across all timeframes for Forex. Identify order blocks, market manipulations, and trend reversals.

Published · Updated · Methodology: Technical Indicators

Part of: Volume Analysis

  • Methodology: Technical Indicators
  • Content type: indicator
  • Timeframes: All timeframes (reliable in practically all time planes), 30 minutes, 5 minutes
  • Markets: Forex, EUR/USD, CAD/JPY

Indicators used

  • Better Volume
  • Cluster Delta

Source video

Decoded from: ▷Indicador Forex⚡️Volumen Real⚡️para MT4 (tics) GRATIS! by Trading Forex TV — watch the original

Key timestamps:

  • 0:00 - Introduction to Better Volume Indicator
  • 2:55 - How to download the indicator
  • 4:00 - Difference between real volume vs. tick volume
  • 7:25 - How the indicator works
  • 17:54 - Identifying Order Blocks with Volume
  • 22:00 - Manipulations

Strategy overview

Volume analysis asks whether a price move is backed by participation or is happening on thin activity. What makes this entry distinctive is that its two named components answer that question with different data: Better Volume, a free MT4 indicator, and Cluster Delta, a paid external service for futures volume. The source video — "▷Indicador Forex⚡️Volumen Real⚡️para MT4 (tics) GRATIS!" from Trading Forex TV — carries the tension in its own title, promising real volume on a platform whose parenthetical already says tics, and gives a dedicated chapter at 4:00 to the difference.

That difference is the premise of the whole entry. Spot forex has no central exchange and therefore no consolidated record of traded size, so what MT4 plots as volume is a tick count: the number of quote updates arriving from one broker's feed during the bar. It measures how busy the quote stream was, not how much changed hands — and because each broker distributes its own feed, the same bar can carry a different number on a different server. Delta, the buy/sell split that names the second tool, needs trades classified against bid and ask, which a quote count cannot supply; that is why it appears as a separate paid product sourced from futures rather than a second MT4 indicator. Read that way, the pairing is the video's own answer to where traded volume actually lives.

The recording's shape is worth noting too: after the download and comparison chapters, most of the runtime goes to reading the tool, then extends to order blocks at 17:54 and manipulations at 22:00 — moving from a display of activity toward claims about intent, a step the data does not make on its own. No rules were extracted for this entry, so this page covers the concept and the source rather than a rule set, and the stated timeframe range — reliable in "practically all time planes", listed alongside 30-minute and 5-minute — is a claim about generality rather than a specification, since with a tick count the bar interval decides what a single bar's number is counting.

Topics

better volume indicator · cluster delta · forex strategy · eur/usd strategy · cad/jpy strategy · technical indicators · tradingview strategy · pine script strategy · trading strategy · price action · swing trading · day trading · order blocks · market manipulation

Frequently asked questions

What is the difference between real volume and tick volume?

Real volume is the quantity actually traded, reported by a centralized venue such as a futures exchange. Tick volume counts how many times the quote was updated during a bar. Spot forex is decentralized and publishes no consolidated traded size, so MT4 charts tick volume as an activity proxy.

Why can two brokers show different volume on the same forex pair?

Because tick volume counts updates from the broker's own feed. Two brokers with different liquidity providers and different quote update frequencies will produce different tick counts for the same bar on the same pair, so the indicator's readings are relative to the feed, not absolute.

Why does delta require a separate paid service instead of an MT4 indicator?

Delta splits volume into buyer- and seller-initiated activity, which requires individual trades classified against the bid and ask. A tick count carries neither size nor side, so delta data has to come from a venue that publishes a trade record — typically futures — which is why it is offered as an external subscription service rather than a platform add-on.

Does this page include the strategy's rules?

No rules were extracted for this entry, so the page documents the concept and the video source rather than a rule set. Strategy Decoder records what each source presents and states plainly what could not be extracted, instead of filling the gaps.

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

Strategy Decoder catalogs 2,229 decoded strategies. Each one is extracted with confidence scoring, cross-linked to the indicators it uses, and kept up to date as new videos are processed daily. Load this page with JavaScript enabled to use the interactive tools, or start from the strategy explorer to filter by methodology, market and timeframe.

Other versions of this strategy

More decoded strategies