Marketplace Pitch (short)

Volume Delta & CVD — Read aggressive flow in real time. Flexible resets (Day/Week/Month), optional EMA smoothing, and non-repainting cumulative delta. Perfect for confirming breakouts and spotting divergences.

Volume Delta & CVD — Review & Parameter Guide

Tagline: Measure the buy/sell imbalance (Delta) and its cumulative flow (CVD) with flexible resets. Non-repainting.

Overview

Volume Delta & CVD for cTrader computes, per bar, the Delta (aggressive buying vs selling) and the CVD (Cumulative Volume Delta). It helps you read order-flow pressure, confirm breakouts, and spot divergences against price.

Note: The indicator uses TickVolume (cTrader standard) as the volume proxy.

Parameters (detailed)

Delta Method

Choose how the bar’s directional flow is estimated:

• CloseVsPrevClose
  Delta = ±TickVolume depending on Close[t] vs Close[t-1].
  Pros: very responsive; great for intraday regime shifts.
• CloseVsOpen
  Delta = ±TickVolume depending on Close vs Open of the same bar.
  Pros: highlights directional bars; reduces cross-bar noise.
• Money Flow Multiplier (MFM)
  MFM = ((Close−Low) − (High−Close)) / (High−Low) in [−1, +1]
  Delta = MFM × TickVolume
  Pros: intra-bar weighting; smooth/robust when ranges are wide.

CVD Reset

Controls when the cumulative counter re-starts:

• None: continuous from chart start.
• Day: resets at each new day (intraday bias).
• Week: resets at each new week (swing).
• Month: resets at each new month (higher-timeframe bias).

Delta EMA Period (0 = off)

• Applies an EMA to Delta to smooth the histogram and reveal regime changes.
• Suggestions: 5–9 scalping, 10–21 intraday, 21–34 swing.

Outputs / Buffers

• Delta Up (green histogram): positive Delta portion.
• Delta Down (red histogram): negative Delta portion.
• CVD (aqua line): cumulative sum of Delta with the chosen reset.
• Delta EMA (orange line, optional): smoothed Delta.
• Zero (grey line): baseline for quick comparison.

How to Read It

• Delta > 0 → aggressive buying dominance in the bar.
• Delta < 0 → aggressive selling dominance in the bar.
• Rising CVD → accumulation; falling CVD → distribution.
• Divergences
• • Price makes higher highs while CVD fails to confirm → potential buy-pressure exhaustion.
  • Price makes lower lows while CVD fails to confirm → potential sell-pressure exhaustion.

Practical Playbooks

• Breakout confirmation: prefer long breakouts when CVD accelerates and Delta EMA flips positive.
• Fading extensions: look for price vs CVD divergences at key levels (VWAP/Anchored VWAP, S/R).
• Session bias: with CVD Reset = Day, read the dominant intraday direction.

Quick Start

1. Attach the indicator.
2. Start with Delta Method = MFM, CVD Reset = Day, EMA = 10 (intraday).
3. On noisy charts, increase EMA or switch to CloseVsOpen.
4. Seek confluence with Anchored VWAP, static/dynamic S/R, or price-action patterns.

Performance & Compatibility

• Modern APIs (Bars.*, LineColor).
• Non-repainting calculations.
• Works on any symbol and timeframe.