πWhat is CVD?
Cumulative Volume Delta (CVD) is a trading indicator that shows the difference between the volume of buys and sells in a given time period.
β’ Traders use CVD to identify which side of the market is more aggressive.
β’ If the CVD is positive, it suggests that buyers are more aggressive, possibly indicating upward price momentum.
β’ Conversely, a negative CVD implies that sellers are dominating, potentially signaling a downward price movement.