📥 Cumulative Volume Delta Indicator in TradingView - Free Download - [TFlab]

The video discusses the Commodity Volume Delta Indicator available on TradingView, highlighting its utility for volume-based traders. The main financial strategies and methodologies presented include:

Key Strategies and Features:

• Indicator Access: Instructions on how to find and add the Commodity Volume Delta Indicator on TradingView.
• Indicator Functionality:
  • Identifies bullish and bearish trends based on trading volume.
  • Spotting price divergences relative to volume, indicating potential price movements.
• Settings Customization:
  • Cumulative Mode Options: Three modes available - Total, Periodic, and EMA (Exponential Moving Average).
  • Volume Calculation: The total mode collects volume from start to end, while periodic and EMA options provide different calculations.
  • Delta Period Setting: Default is set to 21, which can be adjusted.
  • Market Specification: Ensures accurate data by specifying the market type (Forex or crypto).
• Volume Display Types: Options for how volume data is visually represented on the chart.

Methodology:

• Access the indicator on TradingView and add it to favorites.
• Customize settings under the input section to adjust cumulative modes and volume calculations.
• Monitor price trends and divergences using the indicator for trading decisions.

Presenters/Sources:

• TFlab (YouTube channel)