Cumulative Volume Delta [Aggregated]

The Cumulative Volume Delta [Aggregated] indicator provides a comprehensive view of market sentiment by tracking the total difference between buying and selling pressure across multiple exchanges. This tool utilizes intrabar analysis to calculate volume delta with high precision, making it an essential resource for identifying trends and reversals in cryptocurrency markets.

Usage

The Cumulative Volume Delta [Aggregated] indicator is used to identify buying and selling exhaustion or aggressive market participation. Traders can monitor the cumulative value to spot divergences between price and volume flow.

• Aggregated vs. Single Data: Users can choose to aggregate volume data from Binance, Bybit, OKX, Delta, and WooNetwork for a macro view (specifically for BTC pairs) or use "Single Data" to reflect the volume delta of the current chart's instrument.
• Visual Modes: The script supports multiple plotting styles including Candle, Line, and RSI. The Candle mode allows for traditional OHLC analysis of delta, while the RSI mode helps identify overbought or oversold conditions in the cumulative volume flow.
• Automatic Switching: If the current chart is not a BTC pair, the tool automatically reverts to "Single Data" mode to ensure accurate reporting.

Details

This script employs intrabar analysis via request.security_lower_tf on the 1-minute timeframe to reconstruct historical volume delta. This method is used to bridge the gap when historical tick data is unavailable, providing the most accurate historical delta representation possible on TradingView. The "Aggregated" feature pulls data from multiple perpetual futures symbols and combines them into a single metric to provide a "market-wide" delta for Bitcoin.

Settings

Main Settings

• Data Type: Select between "Single Data" (current chart) or "Aggregated Data" (multiple exchanges).
• Plot Type: Choose how the CVD is visualized: Line, Candle, or RSI.

Aggregated Data

• Symbol Toggles: Enable or disable specific exchange data (Binance, Bybit, OKX, Delta, WooNetwork) to be included in the aggregation.
• Symbol Inputs: Customize the specific ticker used for each exchange source.

Candle Color Settings

• Body/Borders/Wick: Toggle and customize colors for positive and negative delta candles.

RSI Plot Settings

• RSI Length: Adjust the lookback period for the RSI calculation applied to the CVD.
• Upper/Lower Line Threshold: Set the levels for horizontal threshold lines in RSI mode.

FAQ

How do I use the aggregated feature for assets other than BTC?

Currently, the aggregated data feature is optimized for BTC pairs. If you use the script on other assets, it will automatically switch to Single Data mode to reflect the volume delta of your active chart.

What is the advantage of Intrabar Analysis?

Intrabar analysis allows the script to look "inside" a higher timeframe candle using 1-minute data, resulting in a much more accurate calculation of buying vs. selling volume than standard candle close comparisons.

How can I access this tool?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.