OPEN-SOURCE SCRIPT
Cập nhật

Cumulative Delta Volume Wave

6 493
Introducing an Enhanced Version of the CDV by LonesomeTheBlue

For the original version and description check this link:
Cumulative Delta Volume


What Makes This Version Different than the original?

This enhanced version of the CDV indicator incorporates advanced signal processing techniques to bring new depth to market analysis.

Standard Deviation Bands and EMAs: These additions to the CDV offer a visual representation of significant market movements—highlighting major pumps and dumps, as well as identifying potential support and resistance levels.

Color-Coded Insights: The standard deviation bands utilize color coding based on signal processing principles. This feature becomes increasingly useful the more you zoom out, making it easier to observe and interpret market waves.

Market Maker Activity: By examining fluctuations within the standard deviation bands, traders can gauge when Market Makers are actively maneuvering to establish their long and short positions, often at the expense of retail traders.

EMA Support and Resistance: The embedded Exponential Moving Averages (EMAs) serve as dynamic support and resistance levels. Analyzing these can help traders determine the continuing strength of a market move, whether bullish or bearish.

Visual Guide to the Basics

For a clearer understanding of what this enhanced indicator can show, please refer to the image below:
ảnh chụp nhanh

And in addition to all the above one can detect relevant W and M structures way easier with this indicator ;)
Phát hành các Ghi chú
Some small typo fixes.
Phát hành các Ghi chú
Added Mono/Multi color EMA mode setting and some defaults changed.

Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.