PROTECTED SOURCE SCRIPT
AM - Normalized CVD Delta
How to Use Normalized CVD
Concept:
CVD = the cumulative sum of (buy volume – sell volume) over time.
“Normalized” = CVD scaled into a percentage for easier comparison between order size groups.
Benefits:
Shows order flow by size groups (whales, retail, etc.).
Makes it easy to see which group is buying or selling more aggressively.
Enables comparison across different time periods and groups.
How to Use:
Watch each line for different order size groups → near 100% = strong buying, near 0% = strong selling.
Compare with the Order Book heatmap to confirm support/resistance zones.
Concept:
CVD = the cumulative sum of (buy volume – sell volume) over time.
“Normalized” = CVD scaled into a percentage for easier comparison between order size groups.
Benefits:
Shows order flow by size groups (whales, retail, etc.).
Makes it easy to see which group is buying or selling more aggressively.
Enables comparison across different time periods and groups.
How to Use:
Watch each line for different order size groups → near 100% = strong buying, near 0% = strong selling.
Compare with the Order Book heatmap to confirm support/resistance zones.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.