CVD Sina

yesterday

this is delta cu and bolinger band
it has line and candel cvd mode
you can change bb setting too !!!!

21 hours ago

Release Notes

CVD SINA Indicator

The CVD SINA indicator is a custom-built tool designed to analyze Cumulative Volume Delta (CVD) and visualize market sentiment through various plots, including candlesticks, line charts, and Bollinger Bands. The indicator incorporates advanced volume analysis techniques to provide traders with insights into bullish and bearish pressures, aiding decision-making in volatile markets.

Features:

CVD Visualization:

Candlestick Representation: Plots CVD data as candlesticks, with teal and red colors indicating bullish and bearish momentum, respectively.
Line Representation: Option to display CVD as a continuous line for smoother trend visualization.
Bullish and Bearish Volume:

Separates bullish and bearish volume contributions to highlight market dynamics.
Visualized with green (bullish) and red (bearish) bars.
Delta Calculation:

Computes Delta as the difference between bullish and bearish volume, plotting it for real-time divergence and momentum analysis.
Bollinger Bands:

Provides optional Bollinger Bands based on the CVD data.
Configurable moving average type (SMA, EMA, WMA) and multiplier to suit different trading styles.
Displays upper and lower bands for identifying overbought/oversold conditions.
Inputs:
CVD Settings:
Enable/disable plotting of CVD candlesticks, line charts, bullish/bearish volume, and delta.
Bollinger Bands:
Enable/disable Bollinger Bands and their components (basis, upper, and lower bands).
Adjustable settings for Bollinger length, multiplier, and moving average type.
Calculations:
Bull & Bear Balance:

Derived from advanced price-action logic to quantify bullish and bearish power based on historical price movements.
Bull & Bear Volume:

Uses the computed power values to distribute volume proportionally, offering a granular view of market participation.
Delta & CVD:

Delta is calculated as the difference between bullish and bearish volume.
CVD accumulates the delta over time, providing a cumulative measure of buying/selling pressure.
Bollinger Bands:

Basis line calculated using the selected moving average type.
Standard deviation multiplied by a configurable factor to determine upper and lower bands.
Visualization:
Customizable Outputs:
Flexible plotting options for traders to focus on specific data points.
Distinct color schemes and widths ensure clarity in visualization.
Dynamic Candlestick Colors:
CVD candlesticks dynamically change color based on open and close values, enhancing visual readability.
Use Cases:
Trend Identification:
Use the CVD line and candlesticks to identify accumulation and distribution phases.
Momentum Analysis:
Observe delta and volume bars to gauge the strength of bullish/bearish sentiment.
Overbought/Oversold Conditions:
Employ Bollinger Bands to spot potential reversal zones.
Notes:
The indicator is highly customizable, enabling traders to adjust inputs based on their preferred analysis style.
Designed for use on any timeframe and instrument, making it versatile for various markets.
This indicator is ideal for traders seeking an advanced, comprehensive view of market volume dynamics. It integrates seamlessly with existing strategies and provides actionable insights for better trade execution.