🔵 Introduction The Cumulative Volume Delta (CVD) is a powerful tool in technical analysis that is derived from market volume or trading activity. The Cumulative Volume Delta Divergence Detector Indicator helps traders identify Cumulative Volume Delta Divergences (CVD Divergence), which can provide reliable trading signals. These divergences, such as bullish...
🔵 Introduction To fully grasp the concept of Cumulative Volume Delta (CVD), it's essential first to understand Volume Delta. In trading and technical analysis, the term "Delta" typically refers to the difference between two values or the rate of change between two data points. Volume Delta represents the difference between buying and selling pressure,...
// A Price/ATR oscillator with cumulative waves. // Based on Cumulative Volume Delta, but using price movement alone. // Public Domain // By Jolly Wizard
This script is based on the work originally done by kprsa for the Monster Cumulative Delta indicator, but adds Bollinger Bands and upgrades it to version 4 from version 1. It is an approximation of the Cumulative Delta Volume that is usually based on volume differences between market and limit orders, but because that data is not available, this indicator...
Hello Traders, This is Cumulative Delta Volume script. Delta refers to the difference between buying and selling volume at each price level. Cumulative Delta builds upon this concept by recording a cumulative tally of these differences in buying vs selling volume. The Cumulative Delta indicator plots as candlesticks or line. One of the main uses of Cumulative...
MARKET DELTA INDICATOR v0.5 beta Market Delta is suitable for daytrading on intraday timeframes, is a volume based indicator which allows to see the UP VOLUME vs the DOWN VOLUME, the DELTA (difference) and the CUMULATIVE DELTA (cumulative sum of difference) between them This indicator is based on contracts volume (data avaiable), not in ask/bid volume (data...