CVD (Cumulative Volume Delta)
Settings
Total Volume Reset: Total volume traded at bid + ask before the CVD resets
Alert CVD % >= 150: % that the alert will trigger, in this case it will trigger when buy or sell CVD is 150% higher than the other side
Buy/Sell Line color: Bookmap Indicator Color for Buy/Sell lines
Buy/Sell Alert Line Style: Bookmap Indicator Line Style
Sound enable: allow audio alerts
Min Vol Range(%): Min % of the interval that an alert can be triggered (e.g. with 1000 as total volume reset, it wont fire an alert if we are < 10% of the total volume allowed)
Max Vol Range(%): Max % of the interval that an alert can be triggered (e.g. with 1000 as total volume reset, it wont fire an alert if we are > 80% of the total volume allowed)
Sample settings for ES which should give a good starting point
Total Volume Reset: 1000
Alert CVD % >= 150 Min Vol Range (%): 10 Max Vol Range(%): 80Dependinng on your market liquidity you have to adjust the parameters
Indicator on Heatmap