This indicator comes with multiple functions:
▪ Better Volume - Total Volume, Buy Volume, Sell Volume
This mode shows the traded volume during each interval in a more detailed way.
The advantage is that you can see both sides of the market: the Buy Volume and the Sell Volume.
You have the option to see the traded volume per interval:
- on a 0 centered y-axis,...
Cumulative Volume Delta or simply CVD is the accumulation of the Total Volume Delta .
It starts accumulating from the beginning of the available volume data.
It only shows meaningful information for symbols with volume data.
It does not change its shape when changing timeframes.
How to use it:
You can start using it by searching for divergences with the price.