OPEN-SOURCE SCRIPT

CVD [able0.1]

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# CVD Overlay iOS Style [able] - Complete User Guide

## 📖 Table of Contents
1. [What is CVD?](#what-is-cvd)
2. [Installation Guide](#installation-guide)
3. [Understanding the Display](#understanding-the-display)
4. [Reading the Info Table](#reading-the-info-table)
5. [Settings & Customization](#settings--customization)
6. [Trading Strategies](#trading-strategies)
7. [Common Mistakes to Avoid](#common-mistakes-to-avoid)

---

## 🎯 What is CVD?

**CVD (Cumulative Volume Delta)** tracks the **difference between buying and selling pressure** over time.

### Simple Explanation:
- **Positive CVD** (Orange) = More buying than selling = Bulls winning
- **Negative CVD** (Gray) = More selling than buying = Bears winning
- **Rising CVD** = Increasing buying pressure = Potential uptrend
- **Falling CVD** = Increasing selling pressure = Potential downtrend

### Why It Matters:
CVD helps you see **who's really in control** of the market - not just price movement, but actual buying/selling volume.

---

## 🚀 Installation Guide

### Step 1: Open Pine Editor
1. Go to TradingView
2. Click the **"Pine Editor"** tab at the bottom of the screen
3. Click **"New"** or open an existing script

### Step 2: Copy & Paste the Code
1. Select all existing code (Ctrl+A / Cmd+A)
2. Delete it
3. Copy the entire CVD iOS Style code
4. Paste it into Pine Editor

### Step 3: Add to Chart
1. Click **"Save"** button (or Ctrl+S / Cmd+S)
2. Click **"Add to Chart"** button
3. The indicator will appear on your chart!

### Step 4: Initial Setup
- The indicator appears as an **overlay** on your price chart
- You'll see an **orange/gray line** following price
- An **info table** appears in the top-right corner

---

## 📊 Understanding the Display

### Main Chart Elements:

#### 1. **CVD Line** (Orange/Gray)
- **Orange Line** = Positive CVD (buying pressure)
- **Gray Line** = Negative CVD (selling pressure)
- This line moves with your price chart but shows volume delta

#### 2. **CVD Zone** (Shaded Area)
- Light shaded box around the CVD line
- Shows the "range" of CVD movement
- Helps visualize CVD boundaries

#### 3. **Center Line** (Dotted)
- Gray dotted line in the middle of the zone
- Represents the "neutral" point
- CVD crossing this = shift in market control

#### 4. **Reference Asset Line** (Light Gray)
- Shows Bitcoin (BTC) price movement for comparison
- Helps you see if your asset moves with or against BTC
- Can be changed to any asset you want

#### 5. **CVD Label**
- Shows current CVD value
- Positioned above/below zone to avoid overlap
- Updates in real-time

#### 6. **Reset Background** (Very Light Gray)
- Appears when CVD resets
- Indicates a new calculation period

---

## 📋 Reading the Info Table

The info table (top-right) shows **8 key metrics**:

### Row 1: **Header**
```
╔═ CVD able ═╗ | 15m | ████████ | able
```
- **CVD able** = Indicator name + creator
- **15m** = Current timeframe
- **████████** = Visual decoration
- **able** = Creator signature

### Row 2: **CVD Value**
```
CVD▲ | 7.39K | ████████ | █


```
- **CVD▲** = CVD with trend arrow
- ▲ = CVD increasing
- ▼ = CVD decreasing
- ► = CVD unchanged
- **7.39K** = Actual CVD number
- **Progress Bar** = Visual strength (darker = stronger)
- **Vertical Bars** = Height shows intensity

### Row 3: **Delta**
```
◆DELTA | -1.274K | ████░░░░ | ░

```
- **Delta** = Volume change THIS BAR ONLY
- **Negative** = More selling this bar
- **Positive** = More buying this bar
- Shows **immediate** pressure (not cumulative)

### Row 4: **UP Volume**
```
UP↑ | -1.263K | ████████ | █


```
- Total **buying volume** this bar
- Higher = Stronger buying pressure
- Green/Orange vertical bars = Bullish strength

### Row 5: **DOWN Volume**
```
DN↓ | 2.643K | ████████ | ░


```
- Total **selling volume** this bar
- Higher = Stronger selling pressure
- Gray vertical bars = Bearish strength

### Row 6-7: **Reference Asset** (if enabled)
```
══ REF ══ | ══════ | ████████ | █

PRICE▲ | 4130.300 | ████████ | █

```
- **REF** = Reference asset header
- **PRICE▲** = Reference price with trend
- Shows if BTC (or chosen asset) is rising/falling
- Compare with your chart to see correlation

### Row 8: **Market Status**
```
◄STATUS► | NEUT | ████░░░░ | ▒

```
- **BULL** = CVD positive + Delta positive = Strong buying
- **BEAR** = CVD negative + Delta negative = Strong selling
- **NEUT** = Mixed signals = Wait for clarity

**Status Colors:**
- **Orange background** = Bullish (good for long)
- **Gray background** = Bearish (good for short)
- **White background** = Neutral (no clear signal)

---

## ⚙️ Settings & Customization

### Main Settings (⚙️)

#### **CVD Reset**
- **None** = CVD never resets (from beginning of data)
- **On Higher Timeframe** = Resets when HTF candle closes
- 15m chart → Resets hourly
- 1h chart → Resets daily
- Recommended for most traders
- **On Session Start** = Resets at market open
- **On Visible Chart** = Resets from leftmost visible bar

#### **Precision**
- **Low (Fast)** = Uses 1m data, faster but less accurate
- **Medium** = Uses 5m data, balanced (recommended)
- **High** = Uses 15m data, most accurate but slower

#### **Cumulative**
- ✅ On = CVD accumulates over time (recommended)
- ❌ Off = Shows only current bar delta

#### **Show Labels**
- ✅ On = Shows CVD value label on chart
- ❌ Off = Cleaner chart, no label

#### **Show Info Table**
- ✅ On = Shows info table (recommended for beginners)
- ❌ Off = Hide table for minimalist view

---

### 🎨 iOS Style Colors

You can customize **every color** to match your chart theme:

#### **Primary Colors**
- **Primary (Orange)** = Main bullish color (#FF9500)
- **Secondary (Gray)** = Main bearish color (#8E8E93)
- **Background** = Table background (#FFFFFF)
- **Text** = Text color (#1C1C1E)

#### **Bullish/Bearish**
- **Bullish (Orange)** = Positive CVD color
- **Bearish (Gray)** = Negative CVD color
- **Opacity** = Zone transparency (0-100%)
- **Show Zone** = Enable/disable shaded area

#### **Table Colors** (📋)
- **Header Background** = Top row background
- **Header Text** = Top row text color
- **Cell Background** = Data cells background
- **Cell Text** = Data cells text color
- **Border** = Table border color
- **Accent Background** = Special rows background
- **Alert Background** = Warning/status background

---

### 📊 Reference Asset Settings

#### **Enable**
- ✅ On = Shows reference asset line
- ❌ Off = Hide reference asset

#### **Symbol**
- Default: `BINANCE:BTCUSDT`
- Can change to any asset:
- `BINANCE:ETHUSDT` (Ethereum)
- `SPX` (S&P 500)
- `DXY` (US Dollar Index)
- Any ticker symbol

#### **Color & Width**
- Customize line appearance
- Width: 1-4 (thickness)

---

## 💡 Trading Strategies

### Strategy 1: CVD Divergence (Beginner-Friendly)

**What to Look For:**
- Price making **higher highs** but CVD making **lower highs** = Bearish divergence
- Price making **lower lows** but CVD making **higher lows** = Bullish divergence

**How to Trade:**
1. Wait for divergence to form
2. Look for confirmation (price reversal, candlestick pattern)
3. Enter trade in divergence direction
4. Stop loss beyond recent high/low

**Example:**
```
Price: /\ /\ /\ (higher highs)
CVD: /\ / \/ (lower highs) = Bearish signal
```

### Strategy 2: CVD Trend Following (Intermediate)

**What to Look For:**
- **Strongly rising CVD** + **rising price** = Strong uptrend
- **Strongly falling CVD** + **falling price** = Strong downtrend

**How to Trade:**
1. Wait for CVD and price moving in same direction
2. Enter on pullbacks to support/resistance
3. Stay in trade while CVD trend continues
4. Exit when CVD trend breaks

**Signals:**
- CVD ▲▲▲ + Price ↑ = Go LONG
- CVD ▼▼▼ + Price ↓ = Go SHORT

### Strategy 3: CVD + Reference Asset (Advanced)

**What to Look For:**
- Your asset **rising** but BTC (reference) **falling** = Relative strength
- Your asset **falling** but BTC (reference) **rising** = Relative weakness

**How to Trade:**
1. Compare CVD movement with BTC
2. If your CVD rises faster than BTC = Buy signal
3. If your CVD falls faster than BTC = Sell signal
4. Use for **pair trading** or **asset selection**

### Strategy 4: Volume Delta Confirmation

**What to Look For:**
- **Large positive Delta** = Strong buying this bar
- **Large negative Delta** = Strong selling this bar

**How to Trade:**
1. Price breaks resistance + Large positive Delta = Confirmed breakout
2. Price breaks support + Large negative Delta = Confirmed breakdown
3. Use Delta to **confirm** price moves, not predict them

**Rules:**
- Delta > 2x average = Very strong pressure
- Delta near zero at key level = Weak move, likely false breakout

---

## 🎓 Reading Real Scenarios

### Scenario 1: Strong Buying Pressure
```
Table Shows:
CVD▲ | 12.5K | ████████ | ████ (CVD rising)
◆DELTA | +2.8K | ████████ | ▲ (Positive delta)
UP↑ | 3.1K | ████████ | ████ (High buy volume)
DN↓ | 0.3K | ██░░░░░░ | ░ (Low sell volume)
◄STATUS► | BULL | ████████ | ████ (Orange background)
```
**Interpretation:** Strong buying, good for LONG trades

### Scenario 2: Distribution (Hidden Selling)
```
Table Shows:
CVD► | 8.2K | ████░░░░ | ▒▒ (CVD flat)
◆DELTA | -1.5K | ████████ | ▼ (Negative delta)
UP↑ | 0.8K | ███░░░░░ | ░ (Low buy volume)
DN↓ | 2.3K | ████████ | ████ (High sell volume)
◄STATUS► | BEAR | ████████ | ░░░░ (Gray background)
```
**Interpretation:** Price may look stable, but selling increasing = Prepare for drop

### Scenario 3: Neutral/Choppy Market
```
Table Shows:
CVD► | 5.1K | ████░░░░ | ▒ (CVD sideways)
◆DELTA | +0.2K | ██░░░░░░ | ─ (Small delta)
UP↑ | 1.2K | ████░░░░ | ▒ (Medium buy)
DN↓ | 1.0K | ████░░░░ | ▒ (Medium sell)
◄STATUS► | NEUT | ████░░░░ | ▒▒ (White background)
```
**Interpretation:** No clear direction = Stay out or reduce position size

---

## ⚠️ Common Mistakes to Avoid

### Mistake 1: Trading on CVD Alone
- ❌ **Wrong:** "CVD is rising, I'll buy immediately"
- ✅ **Right:** "CVD is rising, let me check price structure, support/resistance, and wait for confirmation"

### Mistake 2: Ignoring Delta
- ❌ **Wrong:** Looking only at cumulative CVD
- ✅ **Right:** Watch both CVD (trend) and Delta (momentum)
- Delta shows **immediate** pressure changes

### Mistake 3: Wrong Timeframe
- ❌ **Wrong:** Using 1m chart with High Precision (too slow)
- ✅ **Right:** Match precision to timeframe:
- 1m-5m → Low Precision
- 15m-1h → Medium Precision
- 4h+ → High Precision

### Mistake 4: Not Using Reset
- ❌ **Wrong:** Using "None" reset for intraday trading
- ✅ **Right:** Use "On Higher Timeframe" to see fresh CVD each session

### Mistake 5: Overtrading Neutral Status
- ❌ **Wrong:** Forcing trades when STATUS = NEUT
- ✅ **Right:** Only trade clear BULL or BEAR status

### Mistake 6: Ignoring Reference Asset
- ❌ **Wrong:** Trading altcoin without checking BTC
- ✅ **Right:** Always check if BTC CVD agrees with your asset

---

## 🔥 Pro Tips

### Tip 1: Multi-Timeframe Analysis
- Check CVD on **3 timeframes**:
- Lower TF (15m) = Entry timing
- Current TF (1h) = Trade direction
- Higher TF (4h) = Overall trend

### Tip 2: Volume Confirmation
- Big price move + Small Delta = **Weak move** (likely reversal)
- Small price move + Big Delta = **Strong accumulation** (continuation)

### Tip 3: CVD Reset Zones
- Pay attention to **reset backgrounds** (light gray)
- Often marks **session starts** = High volatility periods

### Tip 4: Divergence + Status
- Bearish divergence + STATUS = BEAR = **Strongest short signal**
- Bullish divergence + STATUS = BULL = **Strongest long signal**

### Tip 5: Color Psychology
- **Orange** (Bullish) is **warm** = Buying energy
- **Gray** (Bearish) is **cool** = Selling pressure
- Train your eye to read colors instantly

### Tip 6: Table as Quick Scan
- Glance at table without reading numbers:
- **All orange** = Bullish
- **All gray** = Bearish
- **Mixed** = Wait

---

## 📱 Quick Reference Card

| Signal | CVD | Delta | Status | Action |
|--------|-----|-------|--------|--------|
| **Strong Buy** | ▲▲ High | ++ Positive | BULL | Long Entry |
| **Strong Sell** | ▼▼ Low | -- Negative | BEAR | Short Entry |
| **Divergence Buy** | ▲ Rising | Price ▼ | → BULL | Long Setup |
| **Divergence Sell** | ▼ Falling | Price ▲ | → BEAR | Short Setup |
| **Neutral** | → Flat | ~0 Near Zero | NEUT | Stay Out |
| **Accumulation** | → Flat | ++ Positive | NEUT→BULL | Watch for Breakout |
| **Distribution** | → Flat | -- Negative | NEUT→BEAR | Watch for Breakdown |

---

## 🆘 Troubleshooting

### Issue: "Indicator not showing"
- **Solution:** Make sure overlay=true in code, re-add to chart

### Issue: "Table overlaps with price"
- **Solution:** Change table position in code or use TradingView's "Move" feature

### Issue: "CVD line too far from price"
- **Solution:** This is normal! CVD is volume-based, not price-based. Focus on CVD direction, not position

### Issue: "Too many lines on chart"
- **Solution:** Disable "Show Zone" and "Show Labels" in settings for cleaner view

### Issue: "Calculations too slow"
- **Solution:** Change Precision to "Low (Fast)" or use higher timeframe

### Issue: "Reference asset not showing"
- **Solution:** Check if "Enable" is ON and symbol is valid (e.g., BINANCE:BTCUSDT)

---

## 🎬 Getting Started Checklist

- [ ] Install indicator on TradingView
- [ ] Set precision to "Medium"
- [ ] Set reset to "On Higher Timeframe"
- [ ] Enable info table
- [ ] Add reference asset (BTC)
- [ ] Practice reading the table on demo account
- [ ] Test on different timeframes (15m, 1h, 4h)
- [ ] Compare CVD with your current strategy
- [ ] Paper trade for 1 week before going live
- [ ] Keep a trading journal of CVD signals

---

## 📚 Summary

**CVD shows WHO is winning: Buyers or Sellers**

**Key Points:**
1. **Orange/Rising CVD** = Buying pressure = Bullish
2. **Gray/Falling CVD** = Selling pressure = Bearish
3. **Delta** = Immediate momentum THIS BAR
4. **Status** = Overall market condition
5. **Always confirm** with price action & other indicators

**Remember:**
- CVD is a **tool**, not a crystal ball
- Use with proper risk management
- Practice makes perfect
- Stay disciplined!

---

**Created by: able**
**Version:** iOS Style v1.0
**Contact:** For questions, refer to TradingView community

Happy Trading! 🚀📈

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.