Meet the New Volume Delta Indicators: Tutorial

Рет қаралды 24,799

Ай бұрын

Traders from all over the world will enjoy these two new indicators, now added to our suite of indicators, built specifically for our trading community.
The two new indicators are Volume Delta and Cumulative Volume Delta.
These indicators showcase the changes in buying volume and selling volume so that traders may determine the intent of trading volume and analyze sentiment between buyers and sellers.
Please let us know what you think of these two new indicators in the comments below! As always, be sure to subscribe.
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Пікірлер: 55

@pradeepbj12 Ай бұрын

This indicator doesn't reflect the buying pressure at market orders & selling pressure at market orders which shows in order flow data

@Sharat711 Ай бұрын

Very good indicator, was looking at CRM chart, earnings next day it sold off red candle on the chart but the volume delta was GREEN, and Cum Delta was also GREEN for the week. Next day it ripped. Again for the Beginners, All indicators are just reference points, do not take trades just based on indicators, Understand the Price Action and Market Sentiment.

@TradingView 23 күн бұрын

Thanks for sharing your usage! Please keep the feedback coming

@xuphan Ай бұрын

you guys rocks! I have a small question. Is there a series of indicators similar to this one, but with volume replaced by money/capital, meaning volume multiplied by price? maybe more advanced and diverse than the MFI. I saw this type of data called "capital trend" on a trading platform of a brokerage firm and found it very useful. Anyway, thank you for your excellent work!

@loinguyen87 Ай бұрын

Does it work on low time frame? like 1m chart, thanks for sharing

@ashwinjaipurkar59 Ай бұрын

I have been waiting since long for these indicators. Thanks trading view for introducing these indicators

@TradingView 23 күн бұрын

Glad you like them!

@Yukiioz 9 күн бұрын

@@TradingView Would be better if you didn't steal them and/or credited the original author. Right?

@maximos963 Ай бұрын

Is allow to use hotkeys and buttons keys when Trading view is used with any of the brokers ex IB?

@specialmindset Ай бұрын

Actually i found a simple loopwhole around this problem. If you set the anchor period to 1 year wich is the maximum you have a OBV indicator that works for that period. You should edit the period to be indefinite and thus you could have an infine anchor time turning it into a regular OBV. I just don't have a setting for a longer (infine) anchor period than 1 years

@TradingView 23 күн бұрын

Thanks for sharing this!

@specialmindset 23 күн бұрын

@@TradingView no problem. I want you to create the best tools out there. If you want a name for it i think you might just call it Delta OBV. If that sounds good.

@alirezaamini285 Ай бұрын

Hello, I had a question. Why does this indicator show a red candle, but in the premium version that I have, the volume foot print of the delta candle is green?

@MrsujitTrader Ай бұрын

whats about open interest indicator..cvd +open interest i need

@SiddharthaRay007 Ай бұрын

I'm coding one open interest indicator for Indian markets. Hope to upload it soon to the tradingview library. Stay tuned.

@TradingView 23 күн бұрын

Great idea! Code it in Pine Script

@THEFOREXTRENDS Ай бұрын

really interesting

@TradingView 23 күн бұрын

Thanks! Be sure to give it a try and let us know how you like it.

@clerinreji7239 13 күн бұрын

Does it repaint?

@prasundam3036 Ай бұрын

How to interpret these indicators.. and what is the wick value giving us.. I didn't get it

@ashwinjaipurkar59 Ай бұрын

If I am not wrong these indicators are a part of Order flow analysis study. These are very valuable indicators. Do check on google or youtube about these indicators in context of order flow analysis to learn their interpretations. These indicators are not buy / sell indicators. They need to be analyzed and interpreted along with price movement.

@amitkumar-cb2ob Ай бұрын

Good

@TradingView 23 күн бұрын

Thanks! Let us know if you have additional feedback

@shaunsensei6948 Ай бұрын

Pls make a video on how to create your own chart using your own personal data

@TradingView 23 күн бұрын

Please check out Pine Seeds and we'll make a video about different data sources

@shaunsensei6948 23 күн бұрын

@@TradingView can you link it

@specialmindset Ай бұрын

Interesting. Why don't you use the volume delta and make a New updated version of the OBV just like you did with the cumulative delta volume. You almost got there but stopped in the middle of the work 😂. If it cumulates and then subtracts it each time it closes in red then you have a on balance volume with Wicks! That would be cool! To have wicks on On balance volume. So please do try it, you're almost there!

@olegdemin1398 Ай бұрын

CVD врет скорее всего. У меня программа кластерного анализа. Там данные другие по кумулятивной дельте. Пример. Для BTC на Binance давление покупателя началось с 25.12.23 принятие ETF. А по CVD 28.07.23. Тоже самое можно увидеть на Resonance (сайт кластерного анализа)

@vijaybhilwade3194 Ай бұрын

How to take trade based on this?

@vijaybhilwade3194 Ай бұрын

@@christophervvallace Thanks for replying .

@ashwinjaipurkar59 Ай бұрын

@ashwinjaipurkar59 0 seconds ago If I am not wrong these indicators are a part of Order flow analysis study. These are very valuable indicators. Do check on google or youtube about these indicators in context of order flow analysis to learn their interpretations. These indicators are not buy / sell indicators. They need to be analyzed and interpreted along with price movement.

@TradingView 23 күн бұрын

Thanks for helping to answer this question

@vijaykumarmylswamy8927 Ай бұрын

Is this for paid?

@anuvind6958 Ай бұрын

No for free too

@alexm8453 21 күн бұрын

NVDA Volume pressure indicator for May 29 2024 = 557M total volume, out of which 80M sell, so the buy side would be 477M for that day, therefore your new volume delta indicator only shows negative 8, it doesn't make any sense

@giovannilouis7947 Ай бұрын

What about whenever a new indicator come out to let the paying members try it for free?

@TradingView 23 күн бұрын

You can try this right now!

@infinity-ok2ij Ай бұрын

Vume delay is old indicatotor iam using

@momomadi2 Ай бұрын

noice

@TradingView 23 күн бұрын

Thanks! Let us know if you have additional feedback

@alieskicirak3163 Ай бұрын

Türkçe Altyazı desteği de getirin lütfen

@TradingView 23 күн бұрын

We will look into some subtitle features but please keep in mind that KZfaq has the capability to translate videos using the settings buttons at the bottom right of the video.

@kushbhimani8755 Ай бұрын

Jeff?

@TradingView 23 күн бұрын

Stef

@Yukiioz 10 күн бұрын

WTF they stole my CVD indicator I made 5 years ago and didn't even give me credit. You're not even respecting your own House rules, nor the license that should oblige you to give me credit as the original author. If you guys have any question don't ask tradingview, ask ME, as i'm the one who created that script. They could've asked me 5 years ago to make the script adapted to a broader audience and you guys would've gotten it 5 years ago...

@Yukiioz 10 күн бұрын

And as I said in my script, it's not a real CVD since we don't have the separate Bid/Ask volume. That's also why my indicator is called "Not really a CVD", because you cannot make one on tradingview. So calling it a CVD is pure lie...