5.1. Cumulative Volume Delta

The Cumulative Volume Delta (CVD) displays the cumulative volume changes based on the volume traded by sell aggressors versus buy aggressors and is displayed on the indicator and widget pane.

To display CVD, click the studies icon and check Cumulative Volume Delta. CVD settings are controlled from the right part of the CVD studies panel.

CVD Settings

The following settings are available:

• Add CVD indication: use the + sign to add more different CVD indications per symbol.

• Minimum accountable volume size CVD will take into account trades that are equal to or greater than the selected size.

• Maximum accountable volume size CVD will take into account trades that are smaller than a selected size.

• Indicator Range controls the data range referred to for calculation of CVD, either chart range or session based.

• Reference Points allows users to define reset time and reset frequencies. CVD will start accumulation from zero at these points in time. CVD can also be reset immediately by clicking the Reset Now button at the bottom of the window.

• Split Buyers / Sellers displays split CVD indications for buyers and sellers

• Colours set CVD colours for positive and negative values. The eye drop icon allows selection of any colour on the screen to apply to the relevant indication display.