> ## Documentation Index
> Fetch the complete documentation index at: https://terminal.incrypto.ru/llms.txt
> Use this file to discover all available pages before exploring further.

# CVD

> Cumulative Volume Delta — running total of buy minus sell volume.

## Overview

**Cumulative Volume Delta (CVD)** is a running sum of the difference between buy volume and sell volume across all bars. Unlike per-bar delta, CVD accumulates over time, producing a continuous line that reveals the underlying buying or selling pressure driving price action.

* **Rising CVD** means buyers are consistently dominating — more volume is being executed at the ask.
* **Falling CVD** means sellers are in control — more volume is hitting the bid.

CVD is one of the most widely used order-flow indicators because it strips away noise and shows the net commitment of market participants over time.

## How It Works

Each bar contributes its delta (buy volume minus sell volume) to a running total:

```
CVD[n] = CVD[n-1] + (buyVolume[n] - sellVolume[n])
```

The result is plotted as a continuous series in a subchart below price. The slope and direction of CVD tell you whether aggressive buyers or sellers are winning over time.

## Chart Type

| Property    | Value                               |
| ----------- | ----------------------------------- |
| Type        | Subchart                            |
| Position    | Below main chart                    |
| Data source | Trade-level buy/sell classification |

## Settings

| Parameter          | Description                                 | Default   |
| ------------------ | ------------------------------------------- | --------- |
| color              | Line color                                  | `#22d3ee` |
| lineWidth          | Line thickness                              | `1.5`     |
| displayMode        | Rendering style                             | `line`    |
| highlightAnomalies | Flag statistical outliers                   | `false`   |
| anomalyThreshold   | Standard deviation multiplier for anomalies | `2.0`     |
| anomalyPeriod      | Lookback period for anomaly calculation     | `50`      |
| gradientIntensity  | Fill gradient strength (0-1)                | `0`       |
| positiveColor      | Color when CVD is rising                    | `#22c55e` |
| negativeColor      | Color when CVD is falling                   | `#ef4444` |

### Display Modes

| Mode      | Description                                                          |
| --------- | -------------------------------------------------------------------- |
| `line`    | Continuous line (default). Best for trend reading.                   |
| `columns` | Per-bar columns showing cumulative value.                            |
| `candles` | OHLC-style candles of CVD itself. Useful for spotting CVD reversals. |

## Interpretation

### CVD Confirms Price

When CVD moves in the same direction as price, the trend has genuine order-flow backing. Buyers are lifting offers on rallies, or sellers are hitting bids on drops.

### CVD Diverges from Price

This is the primary signal. When price makes a new high but CVD does not (bearish divergence), it suggests that the rally is not supported by aggressive buying. The reverse applies for bullish divergences.

<Tip>
  CVD diverging from price is one of the most powerful signals in order-flow analysis. A rising price paired with falling CVD indicates hidden selling — large participants distributing into the rally.
</Tip>

### Anomaly Detection

When `highlightAnomalies` is enabled, bars where the CVD change exceeds the rolling mean by more than `anomalyThreshold` standard deviations are flagged. These often correspond to institutional activity or news-driven bursts.

## Practical Examples

* **Trend confirmation**: Price trending up with CVD making higher highs — strong trend, stay with it.
* **Exhaustion**: Price pushes to a new high, CVD flattens or drops — buyers are thinning out.
* **Accumulation**: Price consolidating while CVD steadily rises — hidden buying before a breakout.

<Note>
  CVD is cumulative and unbounded. Its absolute value matters less than its slope and divergences relative to price.
</Note>

## Related Indicators

* [Delta Volume](/en/indicators/metrics/delta-volume) — the per-bar (non-cumulative) version
* [Active Buy/Sell Volume](/en/indicators/metrics/active-buy-sell-volume) — separated buy and sell with anomaly detection