OPEN-SOURCE SCRIPT

CVD [able0.1]

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# CVD Overlay iOS Style [able] - Complete User Guide

## 📖 Table of Contents
1. [What is CVD?](#what-is-cvd)
2. [Installation Guide](#installation-guide)
3. [Understanding the Display](#understanding-the-display)
4. [Reading the Info Table](#reading-the-info-table)
5. [Settings & Customization](#settings--customization)
6. [Trading Strategies](#trading-strategies)
7. [Common Mistakes to Avoid](#common-mistakes-to-avoid)

---

## 🎯 What is CVD?

**CVD (Cumulative Volume Delta)** tracks the **difference between buying and selling pressure** over time.

### Simple Explanation:
- **Positive CVD** (Orange) = More buying than selling = Bulls winning
- **Negative CVD** (Gray) = More selling than buying = Bears winning
- **Rising CVD** = Increasing buying pressure = Potential uptrend
- **Falling CVD** = Increasing selling pressure = Potential downtrend

### Why It Matters:
CVD helps you see **who's really in control** of the market - not just price movement, but actual buying/selling volume.

---

## 🚀 Installation Guide

### Step 1: Open Pine Editor
1. Go to TradingView
2. Click the **"Pine Editor"** tab at the bottom of the screen
3. Click **"New"** or open an existing script

### Step 2: Copy & Paste the Code
1. Select all existing code (Ctrl+A / Cmd+A)
2. Delete it
3. Copy the entire CVD iOS Style code
4. Paste it into Pine Editor

### Step 3: Add to Chart
1. Click **"Save"** button (or Ctrl+S / Cmd+S)
2. Click **"Add to Chart"** button
3. The indicator will appear on your chart!

### Step 4: Initial Setup
- The indicator appears as an **overlay** on your price chart
- You'll see an **orange/gray line** following price
- An **info table** appears in the top-right corner

---

## 📊 Understanding the Display

### Main Chart Elements:

#### 1. **CVD Line** (Orange/Gray)
- **Orange Line** = Positive CVD (buying pressure)
- **Gray Line** = Negative CVD (selling pressure)
- This line moves with your price chart but shows volume delta

#### 2. **CVD Zone** (Shaded Area)
- Light shaded box around the CVD line
- Shows the "range" of CVD movement
- Helps visualize CVD boundaries

#### 3. **Center Line** (Dotted)
- Gray dotted line in the middle of the zone
- Represents the "neutral" point
- CVD crossing this = shift in market control

#### 4. **Reference Asset Line** (Light Gray)
- Shows Bitcoin (BTC) price movement for comparison
- Helps you see if your asset moves with or against BTC
- Can be changed to any asset you want

#### 5. **CVD Label**
- Shows current CVD value
- Positioned above/below zone to avoid overlap
- Updates in real-time

#### 6. **Reset Background** (Very Light Gray)
- Appears when CVD resets
- Indicates a new calculation period

---

## 📋 Reading the Info Table

The info table (top-right) shows **8 key metrics**:

### Row 1: **Header**
```
╔═ CVD able ═╗ | 15m | ████████ | able
```
- **CVD able** = Indicator name + creator
- **15m** = Current timeframe
- **████████** = Visual decoration
- **able** = Creator signature

### Row 2: **CVD Value**
```
CVD▲ | 7.39K | ████████ | █


```
- **CVD▲** = CVD with trend arrow
- ▲ = CVD increasing
- ▼ = CVD decreasing
- ► = CVD unchanged
- **7.39K** = Actual CVD number
- **Progress Bar** = Visual strength (darker = stronger)
- **Vertical Bars** = Height shows intensity

### Row 3: **Delta**
```
◆DELTA | -1.274K | ████░░░░ | ░

```
- **Delta** = Volume change THIS BAR ONLY
- **Negative** = More selling this bar
- **Positive** = More buying this bar
- Shows **immediate** pressure (not cumulative)

### Row 4: **UP Volume**
```
UP↑ | -1.263K | ████████ | █


```
- Total **buying volume** this bar
- Higher = Stronger buying pressure
- Green/Orange vertical bars = Bullish strength

### Row 5: **DOWN Volume**
```
DN↓ | 2.643K | ████████ | ░


```
- Total **selling volume** this bar
- Higher = Stronger selling pressure
- Gray vertical bars = Bearish strength

### Row 6-7: **Reference Asset** (if enabled)
```
══ REF ══ | ══════ | ████████ | █

PRICE▲ | 4130.300 | ████████ | █

```
- **REF** = Reference asset header
- **PRICE▲** = Reference price with trend
- Shows if BTC (or chosen asset) is rising/falling
- Compare with your chart to see correlation

### Row 8: **Market Status**
```
◄STATUS► | NEUT | ████░░░░ | ▒

```
- **BULL** = CVD positive + Delta positive = Strong buying
- **BEAR** = CVD negative + Delta negative = Strong selling
- **NEUT** = Mixed signals = Wait for clarity

**Status Colors:**
- **Orange background** = Bullish (good for long)
- **Gray background** = Bearish (good for short)
- **White background** = Neutral (no clear signal)

---

## ⚙️ Settings & Customization

### Main Settings (⚙️)

#### **CVD Reset**
- **None** = CVD never resets (from beginning of data)
- **On Higher Timeframe** = Resets when HTF candle closes
- 15m chart → Resets hourly
- 1h chart → Resets daily
- Recommended for most traders
- **On Session Start** = Resets at market open
- **On Visible Chart** = Resets from leftmost visible bar

#### **Precision**
- **Low (Fast)** = Uses 1m data, faster but less accurate
- **Medium** = Uses 5m data, balanced (recommended)
- **High** = Uses 15m data, most accurate but slower

#### **Cumulative**
- ✅ On = CVD accumulates over time (recommended)
- ❌ Off = Shows only current bar delta

#### **Show Labels**
- ✅ On = Shows CVD value label on chart
- ❌ Off = Cleaner chart, no label

#### **Show Info Table**
- ✅ On = Shows info table (recommended for beginners)
- ❌ Off = Hide table for minimalist view

---

### 🎨 iOS Style Colors

You can customize **every color** to match your chart theme:

#### **Primary Colors**
- **Primary (Orange)** = Main bullish color (#FF9500)
- **Secondary (Gray)** = Main bearish color (#8E8E93)
- **Background** = Table background (#FFFFFF)
- **Text** = Text color (#1C1C1E)

#### **Bullish/Bearish**
- **Bullish (Orange)** = Positive CVD color
- **Bearish (Gray)** = Negative CVD color
- **Opacity** = Zone transparency (0-100%)
- **Show Zone** = Enable/disable shaded area

#### **Table Colors** (📋)
- **Header Background** = Top row background
- **Header Text** = Top row text color
- **Cell Background** = Data cells background
- **Cell Text** = Data cells text color
- **Border** = Table border color
- **Accent Background** = Special rows background
- **Alert Background** = Warning/status background

---

### 📊 Reference Asset Settings

#### **Enable**
- ✅ On = Shows reference asset line
- ❌ Off = Hide reference asset

#### **Symbol**
- Default: `BINANCE:BTCUSDT`
- Can change to any asset:
- `BINANCE:ETHUSDT` (Ethereum)
- `SPX` (S&P 500)
- `DXY` (US Dollar Index)
- Any ticker symbol

#### **Color & Width**
- Customize line appearance
- Width: 1-4 (thickness)

---

## 💡 Trading Strategies

### Strategy 1: CVD Divergence (Beginner-Friendly)

**What to Look For:**
- Price making **higher highs** but CVD making **lower highs** = Bearish divergence
- Price making **lower lows** but CVD making **higher lows** = Bullish divergence

**How to Trade:**
1. Wait for divergence to form
2. Look for confirmation (price reversal, candlestick pattern)
3. Enter trade in divergence direction
4. Stop loss beyond recent high/low

**Example:**
```
Price: /\ /\ /\ (higher highs)
CVD: /\ / \/ (lower highs) = Bearish signal
```

### Strategy 2: CVD Trend Following (Intermediate)

**What to Look For:**
- **Strongly rising CVD** + **rising price** = Strong uptrend
- **Strongly falling CVD** + **falling price** = Strong downtrend

**How to Trade:**
1. Wait for CVD and price moving in same direction
2. Enter on pullbacks to support/resistance
3. Stay in trade while CVD trend continues
4. Exit when CVD trend breaks

**Signals:**
- CVD ▲▲▲ + Price ↑ = Go LONG
- CVD ▼▼▼ + Price ↓ = Go SHORT

### Strategy 3: CVD + Reference Asset (Advanced)

**What to Look For:**
- Your asset **rising** but BTC (reference) **falling** = Relative strength
- Your asset **falling** but BTC (reference) **rising** = Relative weakness

**How to Trade:**
1. Compare CVD movement with BTC
2. If your CVD rises faster than BTC = Buy signal
3. If your CVD falls faster than BTC = Sell signal
4. Use for **pair trading** or **asset selection**

### Strategy 4: Volume Delta Confirmation

**What to Look For:**
- **Large positive Delta** = Strong buying this bar
- **Large negative Delta** = Strong selling this bar

**How to Trade:**
1. Price breaks resistance + Large positive Delta = Confirmed breakout
2. Price breaks support + Large negative Delta = Confirmed breakdown
3. Use Delta to **confirm** price moves, not predict them

**Rules:**
- Delta > 2x average = Very strong pressure
- Delta near zero at key level = Weak move, likely false breakout

---

## 🎓 Reading Real Scenarios

### Scenario 1: Strong Buying Pressure
```
Table Shows:
CVD▲ | 12.5K | ████████ | ████ (CVD rising)
◆DELTA | +2.8K | ████████ | ▲ (Positive delta)
UP↑ | 3.1K | ████████ | ████ (High buy volume)
DN↓ | 0.3K | ██░░░░░░ | ░ (Low sell volume)
◄STATUS► | BULL | ████████ | ████ (Orange background)
```
**Interpretation:** Strong buying, good for LONG trades

### Scenario 2: Distribution (Hidden Selling)
```
Table Shows:
CVD► | 8.2K | ████░░░░ | ▒▒ (CVD flat)
◆DELTA | -1.5K | ████████ | ▼ (Negative delta)
UP↑ | 0.8K | ███░░░░░ | ░ (Low buy volume)
DN↓ | 2.3K | ████████ | ████ (High sell volume)
◄STATUS► | BEAR | ████████ | ░░░░ (Gray background)
```
**Interpretation:** Price may look stable, but selling increasing = Prepare for drop

### Scenario 3: Neutral/Choppy Market
```
Table Shows:
CVD► | 5.1K | ████░░░░ | ▒ (CVD sideways)
◆DELTA | +0.2K | ██░░░░░░ | ─ (Small delta)
UP↑ | 1.2K | ████░░░░ | ▒ (Medium buy)
DN↓ | 1.0K | ████░░░░ | ▒ (Medium sell)
◄STATUS► | NEUT | ████░░░░ | ▒▒ (White background)
```
**Interpretation:** No clear direction = Stay out or reduce position size

---

## ⚠️ Common Mistakes to Avoid

### Mistake 1: Trading on CVD Alone
- ❌ **Wrong:** "CVD is rising, I'll buy immediately"
- ✅ **Right:** "CVD is rising, let me check price structure, support/resistance, and wait for confirmation"

### Mistake 2: Ignoring Delta
- ❌ **Wrong:** Looking only at cumulative CVD
- ✅ **Right:** Watch both CVD (trend) and Delta (momentum)
- Delta shows **immediate** pressure changes

### Mistake 3: Wrong Timeframe
- ❌ **Wrong:** Using 1m chart with High Precision (too slow)
- ✅ **Right:** Match precision to timeframe:
- 1m-5m → Low Precision
- 15m-1h → Medium Precision
- 4h+ → High Precision

### Mistake 4: Not Using Reset
- ❌ **Wrong:** Using "None" reset for intraday trading
- ✅ **Right:** Use "On Higher Timeframe" to see fresh CVD each session

### Mistake 5: Overtrading Neutral Status
- ❌ **Wrong:** Forcing trades when STATUS = NEUT
- ✅ **Right:** Only trade clear BULL or BEAR status

### Mistake 6: Ignoring Reference Asset
- ❌ **Wrong:** Trading altcoin without checking BTC
- ✅ **Right:** Always check if BTC CVD agrees with your asset

---

## 🔥 Pro Tips

### Tip 1: Multi-Timeframe Analysis
- Check CVD on **3 timeframes**:
- Lower TF (15m) = Entry timing
- Current TF (1h) = Trade direction
- Higher TF (4h) = Overall trend

### Tip 2: Volume Confirmation
- Big price move + Small Delta = **Weak move** (likely reversal)
- Small price move + Big Delta = **Strong accumulation** (continuation)

### Tip 3: CVD Reset Zones
- Pay attention to **reset backgrounds** (light gray)
- Often marks **session starts** = High volatility periods

### Tip 4: Divergence + Status
- Bearish divergence + STATUS = BEAR = **Strongest short signal**
- Bullish divergence + STATUS = BULL = **Strongest long signal**

### Tip 5: Color Psychology
- **Orange** (Bullish) is **warm** = Buying energy
- **Gray** (Bearish) is **cool** = Selling pressure
- Train your eye to read colors instantly

### Tip 6: Table as Quick Scan
- Glance at table without reading numbers:
- **All orange** = Bullish
- **All gray** = Bearish
- **Mixed** = Wait

---

## 📱 Quick Reference Card

| Signal | CVD | Delta | Status | Action |
|--------|-----|-------|--------|--------|
| **Strong Buy** | ▲▲ High | ++ Positive | BULL | Long Entry |
| **Strong Sell** | ▼▼ Low | -- Negative | BEAR | Short Entry |
| **Divergence Buy** | ▲ Rising | Price ▼ | → BULL | Long Setup |
| **Divergence Sell** | ▼ Falling | Price ▲ | → BEAR | Short Setup |
| **Neutral** | → Flat | ~0 Near Zero | NEUT | Stay Out |
| **Accumulation** | → Flat | ++ Positive | NEUT→BULL | Watch for Breakout |
| **Distribution** | → Flat | -- Negative | NEUT→BEAR | Watch for Breakdown |

---

## 🆘 Troubleshooting

### Issue: "Indicator not showing"
- **Solution:** Make sure overlay=true in code, re-add to chart

### Issue: "Table overlaps with price"
- **Solution:** Change table position in code or use TradingView's "Move" feature

### Issue: "CVD line too far from price"
- **Solution:** This is normal! CVD is volume-based, not price-based. Focus on CVD direction, not position

### Issue: "Too many lines on chart"
- **Solution:** Disable "Show Zone" and "Show Labels" in settings for cleaner view

### Issue: "Calculations too slow"
- **Solution:** Change Precision to "Low (Fast)" or use higher timeframe

### Issue: "Reference asset not showing"
- **Solution:** Check if "Enable" is ON and symbol is valid (e.g., BINANCE:BTCUSDT)

---

## 🎬 Getting Started Checklist

- [ ] Install indicator on TradingView
- [ ] Set precision to "Medium"
- [ ] Set reset to "On Higher Timeframe"
- [ ] Enable info table
- [ ] Add reference asset (BTC)
- [ ] Practice reading the table on demo account
- [ ] Test on different timeframes (15m, 1h, 4h)
- [ ] Compare CVD with your current strategy
- [ ] Paper trade for 1 week before going live
- [ ] Keep a trading journal of CVD signals

---

## 📚 Summary

**CVD shows WHO is winning: Buyers or Sellers**

**Key Points:**
1. **Orange/Rising CVD** = Buying pressure = Bullish
2. **Gray/Falling CVD** = Selling pressure = Bearish
3. **Delta** = Immediate momentum THIS BAR
4. **Status** = Overall market condition
5. **Always confirm** with price action & other indicators

**Remember:**
- CVD is a **tool**, not a crystal ball
- Use with proper risk management
- Practice makes perfect
- Stay disciplined!

---

**Created by: able**
**Version:** iOS Style v1.0
**Contact:** For questions, refer to TradingView community

Happy Trading! 🚀📈

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.