OPEN-SOURCE SCRIPT

Cumulative Volume Delta - Line

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A simple tweak to the CVD indicator from TradingView for better readability.

Use it to spot absorption and exhaustion at key levels.

For example,

Price is making higher highs while CVD is making lower highs - possible exhaustion of buyers

Price is making lower highs while CVD is making higher highs - possible absorption of buyers

Price is making lower lows while CVD is making higher lows - possible exhaustion of sellers

Price is making higher lows while CVD is making lower lows - possible absorption of sellers

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