GoldenJet - Cumulative Volume Delta

Cumulative Volume Delta (CVD) Indicator - Understand Market Sentiment

Overview

The Cumulative Volume Delta (CVD) indicator will help traders decode market sentiment through volume trends. It provides clear visuals and real-time metrics to reveal the strength and direction of market forces.

Benefits for Traders
Gauge Sentiment: CVD uses colored candlesticks to display buying or selling pressure, making it easy to identify bullish or bearish market moods.
Spot Momentum Shifts: Tracks changes in volume flow to highlight emerging trends or weakening momentum.
Flexible Timeframes: Adjust analysis periods (e.g., intraday or daily) to suit your trading approach.
Real-Time Insights: A table shows live volume flow and its changes, offering a quick view of market dynamics.

Key Features
Customizable Display: Set table position and size (small, medium, large) for a clear chart setup.
Intuitive Visuals: Green (buying) or red (selling) candles for instant sentiment recognition.
Trend Metrics: Indicates rising or falling volume trends and their speed for deeper context.

How to Use
Apply CVD to your TradingView chart for any asset.
Configure timeframe and table settings to match your analysis needs.
Interpret candle colors and table data to assess market sentiment.
Combine with other indicators to validate trend direction.

Why It Helps
CVD empowers traders by revealing volume-driven market sentiment, helping you understand whether buyers or sellers are in control. This insight supports better decision-making across various trading strategies.