OPEN-SOURCE SCRIPT
ThomasLadz CVD + Weighted CVD
Simple CVD + Weighted CVD Plot
Cumulative Volume Delta (CVD) Indicator tracks the difference between buying and selling volume over time. It's often used to spot divergences between price and volume activity.
Cumulative Volume Delta (CVD) Indicator tracks the difference between buying and selling volume over time. It's often used to spot divergences between price and volume activity.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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