CVD Divergence
CVD divergence: cumulative volume delta compared at price swings, marking where price and aggressive flow disagree.
How to read it
- Bearish: a higher price high with a lower CVD high. Bullish: a lower price low with a higher CVD low.
- Dots mark the swings in the CVD pane; a dotted line joins them on the price chart.
- Hidden divergences (optional) point to trend continuation.
Key settings
- Swing bars 5, max 60 bars between swings.
- Hidden divergences off; price lines on.
Good to know
- Drawn in its own pane below the chart. Links are also drawn on the price chart.
- A swing is confirmed a few bars after it forms.