See the net buying vs. selling pressure behind every move.
Cumulative Volume Delta signs each bar’s volume by direction and accumulates it — optionally re-anchored each session — so you can see whether a move is actually backed by order flow. On Tradovate it uses true bid/ask volume (offer − bid) for an exchange-accurate read; on TradingView it signs volume by candle direction.
Best for: Index & micro futures (ES/MES, NQ/MNQ, GC/MGC), 1–15 min intraday.
Open it, read it, edit it — it’s yours. © BuildLab Consulting.
How to use it
Read the pressure
Rising CVD = net buyers in control; falling CVD = net sellers. The slope matters more than the absolute number.
Hunt divergences
Price makes a new high but CVD does not (or vice-versa) → the move isn’t backed by order flow. This is the highest-value signal: it flags exhaustion and likely reversals.
Use the signal MA
CVD crossing above/below its moving average marks a shift in short-term pressure — a confirmation filter for entries.
Anchor to the session
Keep “reset each session” on for day trading so each day starts flat; turn it off for a continuous multi-day swing view.
Settings
- Delta source / True deltaUse bid/ask volume where available (Tradovate), otherwise candle polarity (close vs. open or prior close).
- Reset each sessionRe-anchor the cumulative delta to zero at the start of each trading day for clean intraday reads.
- Signal MA lengthLength of the moving average drawn over CVD to smooth it and flag pressure shifts.
Install
TradingView: open the Pine Editor, paste the .pine source, click Save, then “Add to chart.”
Tradovate: Chart ▸ Indicators ▸ “+” (Add Custom Indicator), paste the .js source, Save, then add it to the chart.
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