Cumulative Volume Delta

This Cumulative Volume Delta (CVD) indicator analyzes intra-bar volume dynamics. It introduces a periodic reset mechanism, anchoring the accumulation to a user-defined timeframe (e.g., daily, weekly) for cyclical analysis.

Key Features:

Dual CVD Calculation: The indicator computes two CVD values simultaneously:

Periodic CVD: Resets on the user-defined 'Anchor Timeframe'. This is plotted as "Delta Candles".

Continuous CVD: Accumulates volume continuously (non-resetting) and is used as the source for divergence detection.

Intra-Bar Delta Analysis: Uses a lower timeframe ('Intra-Bar Timeframe') to calculate buy/sell pressure based on the direction of the intra-bar candles.

"Delta Candle" Visualization: The periodic CVD is shown as a candle, where:

Open: The CVD value at the start of the period (or zero).

High/Low: Represent the peak buying (CVD High) and selling (CVD Low) pressure within that period.

Close: The final net delta value for that period.

Full Divergence Suite (Class A, B, C): A built-in engine automatically detects and plots Regular (A), Hidden (B), and Exaggerated (C) divergences between price and the continuous CVD line.

Dynamic Divergence Plotting: Divergence markers are plotted relative to the periodic (candle) CVD. They automatically adjust their vertical position after a reset to remain visually aligned with the plotted candles.

Note on Confirmation (Lag): Divergence signals rely on a pivot confirmation method to ensure they do not repaint.

The Start of a- divergence is only detected after the confirming pivot is fully formed (a delay based on Pivot Right Bars).

The End of a divergence is detected either instantly (if the signal is invalidated by price action) or with a delay (when a new, non-divergent pivot is confirmed).

Multi-Timeframe (MTF) Capability:

MTF Output: The entire dual-CVD analysis can be run on a higher timeframe (using the Timeframe input), with standard options to handle gaps (Fill Gaps) and prevent repainting (Wait for...).

Limitation: The Divergence detection engine (pivDiv) is disabled if a Higher Timeframe (HTF) is selected.

Integrated Alerts: Includes 18 comprehensive alerts for:

The start and end of all 6 divergence types.

The periodic CVD crossing the zero line.

Conditions of agreement or disagreement between the delta and the main bar's direction.

Caution: Real-Time Data Behavior (Intra-Bar Repainting) This indicator uses high-resolution intra-bar data. As a result, the values on the current, unclosed bar (the real-time bar) will update dynamically as new intra-bar data arrives. This behavior is normal and necessary for this type of analysis. Signals should only be considered final after the main chart bar has closed.

DISCLAIMER

For Informational/Educational Use Only: This indicator is provided for informational and educational purposes only. It does not constitute financial, investment, or trading advice, nor is it a recommendation to buy or sell any asset.

Use at Your Own Risk: All trading decisions you make based on the information or signals generated by this indicator are made solely at your own risk.

No Guarantee of Performance: Past performance is not an indicator of future results. The author makes no guarantee regarding the accuracy of the signals or future profitability.

No Liability: The author shall not be held liable for any financial losses or damages incurred directly or indirectly from the use of this indicator.

Signals Are Not Recommendations: The alerts and visual signals (e.g., crossovers) generated by this tool are not direct recommendations to buy or sell. They are technical observations for your own analysis and consideration.