Cot low 70% of delta

Description:

This indicator combines Orderflow Delta and COT (Commitment of Traders) Low data to identify potential exhaustion or reversal points based on orderflow imbalances.

It highlights instances where both the Delta and COT Low values turn negative and the COT magnitude is significantly strong relative to Delta, suggesting potential short-term accumulation or reversal behavior.

⚙️ How It Works

Delta Source: Measures net buyer vs seller pressure within each bar.

COT Low Source: Captures the low-side trader positioning.

Trigger Condition:

Delta < 0

COT Low < 0

|COT Low| ≥ |Delta| × 0.6

When these align, a green triangle appears below the bar, and an alert is triggered.

🧠 Use Case

Designed for orderflow traders seeking early reversal or imbalance confirmation.

Useful for identifying exhaustion in sell pressure or areas of hidden accumulatio