OPEN-SOURCE SCRIPT
Cumulative Volume Delta (CVD) (Candle)
A lightweight Cumulative Volume Delta (CVD) indicator with ATAS-style candle visualization.
This script estimates buying and selling pressure from price action and volume, then accumulates the delta into a clear CVD structure. Supports both CVD Candles and Line modes, with flexible reset options (Session, Day, Week, Month, or Never).
Designed to help traders visualize market pressure, absorption, divergence, and momentum shifts in a clean and simple way.
This script estimates buying and selling pressure from price action and volume, then accumulates the delta into a clear CVD structure. Supports both CVD Candles and Line modes, with flexible reset options (Session, Day, Week, Month, or Never).
Designed to help traders visualize market pressure, absorption, divergence, and momentum shifts in a clean and simple way.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.