Charan_Volume Delta with EMA (Candles + Line)Charan Volume Delta with EMA (Candles + Line)
Charan_Volume Delta with EMA (CVD) is an order flow–based indicator that visualizes buying and selling pressure using Volume Delta logic. It combines CVD candles, optional delta line modes, and EMA smoothing to help traders understand who is in control — buyers or sellers.
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WHAT THIS INDICATOR SHOWS
CVD Candles
• Displays Volume Delta as candles (Open, High, Low, Close of delta)
• Teal = Buying pressure dominates
• Red = Selling pressure dominates
• Helps identify accumulation and distribution zones
CVD Line Modes
• Last Mode → Plots per-bar last delta (matches candle close)
• Cumulative Mode → Running total of delta (true cumulative volume delta)
• Fixed purple line for clean visibility
EMA of Delta
• Optional EMA applied on last delta
• Helps identify momentum shifts in buying/selling pressure
• Useful for trend continuation and reversal confirmation
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ADVANCED FEATURES
• Lower timeframe scanning for improved delta precision
• Custom anchor timeframe support (Daily by default)
• Automatic timeframe fallback logic
• Zero reference line for directional bias
• Built-in protection for symbols without volume data
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HOW TO USE
• Confirm breakouts with strong delta expansion
• Spot divergence between price and volume pressure
• Identify hidden accumulation/distribution
• Use EMA slope to confirm momentum direction
• Combine with structure, VWAP, or key levels for better accuracy
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BEST USED FOR
• Index Futures
• Crypto
• High-volume Stocks
• Intraday and Scalping strategies
• Order flow–based trading systems
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NOTE
Volume Delta is estimated using lower timeframe aggregation. Accuracy depends on available exchange volume data.
This tool is for educational and analytical purposes only. Not financial advice.
مؤشر Pine Script®






















