CVD (Cumulative Volume Delta)

Cumulative Volume Delta based on a user defined executed volume quantity with a reset threshold using % Imbalance alerts and indicator markers. This addon will alert with a directional arrow when there is an imbalance of Buy vs Sell, it is completely customizable

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(%): 80

Dependinng on your market liquidity you have to adjust the parameters


Indicator on Heatmap

Demo video on ES

Last modified June 9, 2021