The CVD Ai is a sophisticated trading indicator for cTrader that combines Volume Spread Analysis (VSA), Cumulative Volume Delta (CVD), and key Support/Resistance levels to identify high-probability reversal setups.
Version 5.0 introduces Pivot Points into the "A+ Setup" logic, making the filtering of trades even more precise by combining market structure with volume flow.
Key Features
1. Cumulative Volume Delta (CVD)
- Calculation: Measures the difference between buying volume and selling volume candle-by-candle.
- Visuals: - Histograms: Green (Bullish Delta) and Red (Bearish Delta).
- Yellow Line: The cumulative CVD line.
- Blue Line: An EMA signal line applied to the CVD.
- Purpose: Identifies the underlying buying or selling pressure that may not be visible in price action alone.
2. Divergence Detection
The indicator automatically detects reversals using a "Lookback" period:
- Bullish Divergence: Price makes a lower low, but CVD makes a higher low (momentum is shifting up).
- Bearish Divergence: Price makes a higher high, but CVD makes a lower high (momentum is shifting down).
3. The "A+" Filter Strategy
This is the core of the indicator. It filters out weak signals by requiring price to be at a "Key Level" when a divergence occurs.
- Key Levels Used: - Previous Day High (PDH) & Low (PDL).
- NEW: Daily Pivot Points (PP), Resistance 1 (R1), and Support 1 (S1).
- Logic: If
Use A+ Setup Filteris enabled, a Buy signal will only appear if the price is near a Support level (PDL, S1, or PP) while in a divergence.
4. Trend Filtering
- Uses a Trend EMA (default 50-period) to determine the overall market direction.
- A+ Logic: You can choose to require both the Trend alignment AND the S/R proximity, or just one of them.
5. Session Filtering
Allows you to ignore signals during specific market hours:
- Asia, London, New York: Toggle on/off to trade only during high-volatility sessions.
Signal Logic Breakdown
Buy Signal (Blue Dot)
- Divergence: A Bullish Divergence is detected.
- CVD Cross: The CVD line is above its Signal EMA.
- Volume: Current volume is higher than average (optional).
- A+ Filter (if enabled): - Price is near Support (PDL, S1, or PP).
- Price is above the Trend EMA (optional/configurable).
Sell Signal (Red Dot)
- Divergence: A Bearish Divergence is detected.
- CVD Cross: The CVD line is below its Signal EMA.
- Volume: Current volume is higher than average (optional).
- A+ Filter (if enabled):
- Price is near Resistance (PDH, R1, or PP).
- Price is below the Trend EMA (optional/configurable).
Parameter Explanations
General Settings
- Reset Period: Resets the CVD calculation every X bars (0 = continuous).
- CVD EMA Period: Smoothness of the signal line for CVD crossovers (Default: 10).
- Trend EMA Period: Moving average used to determine the main trend (Default: 50).
Divergence Settings
- Divergence Lookback: How many bars back to check for highs/lows (Default: 5).
- Min Price/CVD Move: Thresholds to ignore insignificant small movements.
A+ Strategy Settings
- Use A+ Setup Filter: Turn this ON to filter trades based on Support/Resistance.
- A+ Require Both: -
True: Signal must be WITH Trend AND AT Support/Resistance. (Very strict). False: Signal can be valid if it satisfies Trend OR Support/Resistance.
- S/R Proximity (Pips): How close (in pips) price must be to a Pivot or PDH/L to be considered "at the level" (Default: 5).
New Pivot Settings
- Show Previous Day H/L: Toggles the visibility of grey dotted lines for yesterday's range.
- Show Daily Pivots: Toggles visibility of White (PP), Red (R1), and Green (S1) lines.
- Use Pivots in Filter: If true, the A+ logic considers S1, R1, and PP as valid zones for taking trades.
Visual Legend
- Green/Red Histograms: Buying vs Selling Volume per bar.
- Lime/Magenta Dots: Raw Divergence points (Potential reversals).
- Blue/Red Dots: Confirmed Entry Signals (Filtered).
- Orange/Gold Dots: Exit signals (based on CVD crossing back over EMA).
- Horizontal Lines: - Grey: Previous Day High/Low.
- White: Daily Pivot (PP).
- Tomato: Resistance 1 (R1).
- LightGreen: Support 1 (S1).
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