Trading Edge Resources – Delta Slingshot & FADE & ABS Triggers for Sierra Chart

Detect high-probability delta-based slingshot reversals and exhaustion fades — all in real time.

Delta Slingshot & FADE & ABS Triggers is a professional-grade ACSIL study for Sierra Chart, engineered for advanced orderflow traders who seek to capture reversal momentum bursts and exhaustion fades using the interaction between Delta, VWAP standard deviations, and Bollinger bands on delta.

What You’ll Learn In Delta Slingshot & FADE & ABS Triggers for Sierra Chart

The study identifies three distinct classes of setups:

• Slingshot Triggers (2-Bar & 3-Bar): Detect sudden delta-based reversals caused by trapped momentum traders. These are fast-reacting setups that often precede aggressive follow-through candles.
• FADE Triggers (Long/Short): Identify exhaustion points near VWAP ±2σ deviations, confirming when order flow exhaustion meets contextual overextension.
• ABS (Absorption): Micro-structural exhaustion detection using Volume at Price analysis. Identifies finished business at price extremes combined with consecutive absorption patterns across multiple price levels. Catches reversal points where one side runs completely dry and the other side takes control.
• Key Distinction: While FADE triggers identify exhaustion near VWAP deviations, ABS triggers detect micro-structural exhaustion at the extremes using VAP analysis.

The logic combines multiple advanced elements:

• Delta Bollinger Bands (dynamic extremes)
• VWAP and VWAP STD
• Heiken Ashi optional smoothing for FADE filtering
• Configurable minimum consecutive candles for fade confirmation

More courses from the same author: Trading Edge Resources