The indicator is called the "Awesome Cumulative Volume Oscillator" (ACVO), which analyzes the cumulative trading volume of the underlying asset.
The indicator also plots the deviation of the cumulative trading volume from the first SMA value, which is referred to as the "Cumulative Volume Deviation". The zero-line is plotted as a reference point.
If the...
Cumulative TICK Indicator, shown as the bottom indicator, is a robust tool designed to provide traders with insights into market trends using TICK data. This indicator visualizes the cumulative TICK trend in the form of colored columns on a separate chart below the main price chart.
Here's an overview of the key features of the Cumulative TICK Indicator:
1....
At the start of each trading day (0930 EST), this indicator calculates the intraday price difference between open and close for the eight largest market cap stocks (AAPL, AMZN, GOOGLE, META, MSFT, NFLX, NVDA, and TSLA), assigns a +/-1 for each, and then plots the cumulative change. An EMA has been added for smoothing purposes that is set to 5 but can be changed. ...
We took the original script Cumulative delta volume from LonesomeTheBlue, here is the link:
To understand the CDV you can watch traders reality master class about CDV.
This indicator show the ratio of vector color and the ratio of the cumulative delta volume from vector color.
First you select a date range on the chart. Then it calculate all candles in that...
Volume, Cumulative Delta Volume and Open Interest are great indications of strength and sentiment in the market. Until now they have required separate indicators, but this indicator can show them all.
With a clean and aesthetic plot, this indicator has the option to choose the data source:
- Volume - the total volume of transactions, buys and sells
- Up Volume -...
This is a Real time volume Delta indicator which has to run real time on the chart to capture observation.
Start it when the session starts and log the data and observe. It plots histograms as well as candlesticks of the the cumulative volume delta, from the style switch whichever you want.
It is done based on real time tick and not based on candlesticks, so the...
This scripts calculates the cumulative volume delta within the current day.
Options allow you to change the display type of this data (3 different configurations are given in the chart above)
The following options are available:
Colors selection
Reset cumulative delta everyday (can be disable to keep a continuous calculation of the delta over days)
Show...
Who to use?
This indicator is for Long Term Investors or for Position trading and not for Day traders.
What time-frame to use?
• Daily, Weekly or Monthly
What is Blue line?
• Blue line is Cumulative Moving Average. It is cumulative sum of closing price.
• It is a trend reversal level.
• It is a strong support level.
• If price is below Blue line better not...
This plots the combined volume of the subsectors of the SPY using (open+close)/2, both per bar (narrow candles) and cumulative (wide faded candles).
This aims to use dollar volume and weights each sector individually in dollar amounts. NOT with the weighting used in the SPY index. This indicator is NOT equally weighted., it is weighted according to each...
The Balance of Power is an indicator that measures the strength of buyers versus that of sellers in the market, and needs to be smoothed by a moving average to be of much practical use (come to think of it, most indicators are smoothed by a moving average; this is why the RSI lookback mostly commonly used is 14, and not 1, but I digress...). I suppose it is...
Net Volume, or NV in short, is a cumulative volume indicator similar to OBV and A/D. Though it might look similar to these two indicators (especially A/D), rest assured it's better and more accurate than both. What it basically does, is dividing the volume session into buyers and sellers volumes; then subtracts former from the latter and adds the result to...
Some symbols in trading view are cumulative - meaning they increment continuously throughout the trading day and are reset to 0 at the new trading day.
For example USI:CVOLM (Call Volume in Miami).
This script subtracts the current cumulative value from the prior cumulative value, so the change/delta in the cumulative value can be determined bar-by-bar.
Cumulative Delta Volume is one of the key analysis in figuring out the Volume Price Action dependencies
Its very Intuitive in nature,
The below image shows how it is computed!
Enjoy
Hi everyone
The today's script was suggested by a follower.
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1 minute of Knowledge
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Many traders look at volume as a pre-signal that a move may happen.
In trading, some say that "the volume precedes the movement".
This simply means that often volume will increase before a significant...
Here is a light piece of code, The Indicator Integrator. It sums up a function (like an integral for you calculus folks). Unlike the 'cum' function that does a million bars of look back you can change the look back period, like limits of integration.
Built in is a difference of the close from an SMA. And there is an ROC. By changing what is summed up in the loop...
![SPY: Cumulative TICK [Pt]](https://s3.tradingview.com/h/h8gUCab1_mid.png "Cumulative TICK [Pt]")
![EURUSD: [RS]Historic Average Standard Price Deviation V0](https://s3.tradingview.com/b/BLZ8sLzP_mid.png "[RS]Historic Average Standard Price Deviation V0")
![GBPUSD: [RS]Cumulative Average Price Grid](https://s3.tradingview.com/h/HqKc1pfO_mid.png "[RS]Cumulative Average Price Grid")