OPEN-SOURCE SCRIPT
Elite CVD: context-aware volume delta with divergences
WHAT IT DOES
A cumulative volume delta pane that estimates who is actually in control. Instead of splitting every bar's volume 50/50, the context-aware proxy weights wick volume directionally from candle structure, so a strong-bodied bar with a rejected wick reads the way it traded.
HOW IT WORKS
- Three proxy models: Context-Aware (recommended), Blended, and Classic High-Low — switch and compare.
- CVD resets per session by default (fixed-length and running modes available), so today's line reflects today's flow.
- RVOL weighting amplifies delta on genuinely heavy bars via square-root scaling; spike bars get a dot on the line.
- A four-tier histogram colors per-bar delta by acceleration: bright when pressure is building, dim when it fades.
- Pivot-based divergence detection flags price highs on weakening demand and price lows on weakening supply. Honest note: divergences confirm only after the pivot's right-side bars complete, so the marker appears with that lag, placed on the pivot bar.
HOW TO USE IT
Built for ES/NQ scalping on intraday charts, works anywhere volume is meaningful. Read the line's slope for control, the histogram for urgency, and treat divergences as a warning to tighten up, not an entry by themselves.
WHAT IT CAN'T DO
All volume delta from OHLC data is an estimate — this is a well-built proxy, not tick data. On thin symbols the estimate degrades with the volume.
SETTINGS
Proxy model, reset mode, signal line, display mode, RVOL weighting and spike threshold, divergence pivots, info table, colors.
Open source. Free. If it helps you stop fading real pressure, that's the job.
A cumulative volume delta pane that estimates who is actually in control. Instead of splitting every bar's volume 50/50, the context-aware proxy weights wick volume directionally from candle structure, so a strong-bodied bar with a rejected wick reads the way it traded.
HOW IT WORKS
- Three proxy models: Context-Aware (recommended), Blended, and Classic High-Low — switch and compare.
- CVD resets per session by default (fixed-length and running modes available), so today's line reflects today's flow.
- RVOL weighting amplifies delta on genuinely heavy bars via square-root scaling; spike bars get a dot on the line.
- A four-tier histogram colors per-bar delta by acceleration: bright when pressure is building, dim when it fades.
- Pivot-based divergence detection flags price highs on weakening demand and price lows on weakening supply. Honest note: divergences confirm only after the pivot's right-side bars complete, so the marker appears with that lag, placed on the pivot bar.
HOW TO USE IT
Built for ES/NQ scalping on intraday charts, works anywhere volume is meaningful. Read the line's slope for control, the histogram for urgency, and treat divergences as a warning to tighten up, not an entry by themselves.
WHAT IT CAN'T DO
All volume delta from OHLC data is an estimate — this is a well-built proxy, not tick data. On thin symbols the estimate degrades with the volume.
SETTINGS
Proxy model, reset mode, signal line, display mode, RVOL weighting and spike threshold, divergence pivots, info table, colors.
Open source. Free. If it helps you stop fading real pressure, that's the job.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.