๐ Delta Visualizer
A smart Cumulative Volume Delta (CVD) overlay that adapts to price action.
๐ Overview
Standard CVD indicators often drift endlessly away from price, making them hard to read on the main chart. TJ Cumulative Delta Percent solves this by calculating "Relative Delta" (Delta รท Volume) and using a drift-control algorithm to keep the sentiment line relevant to the price scale.
โจ Key Features
- Relative Calculation: Visualizes Delta Percentage rather than raw contract counts. This normalizes the data across low and high volume periods.
- Auto-Center: Gently pulls the CVD line towards price over time to prevent "drift," allowing you to overlay it directly on your candlesticks.
- Divergence Detection: Perfect for spotting when Price is making a Higher High but Delta is making a Lower High (Exhaustion).
โ๏ธ Settings Guide
- Sensitivity: Multiplier for the line movement. Higher values make the line more volatile.
- Auto-Center: Enables the drift control logic.
- Centering Factor: Controls how strongly the line is pulled back to price.
0.01: Very subtle correction.0.1: Strong correction (keeps line tight to price).