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Order Blocks (OBs) with Cumulative Volume Delta (CVD)

Order Blocks (OBs) represent areas on the chart where a significant concentration of limit orders was previously placed. These zones often act as potential support or resistance, reflecting underlying supply or demand imbalances in the market. They can signal key turning points or trend continuations, making them critical areas of interest for traders. For instance, a bullish OB is typically defined as the last bearish candle before a substantial upward move, indicating a zone where buyers overcame sellers, potentially fueling further price appreciation.

Price Action Suite

Key Features​

  • Standard OBs: Highlight inefficiencies in the market and potential price magnets.
  • Cumulative Volume Delta (CVD): Adds depth to FVG analysis by incorporating buy/sell volume data for confirmation and momentum analysis.
  • Multi-Timeframe Integration: Visualize FVGs, Order Blocks, and Volume Imbalances from multiple higher time frames.

The Power of Cumulative Volume Delta (CVD) in OBs​

By integrating Cumulative Volume Delta (CVD) into the analysis of OBs, traders gain valuable insight into the strength and intent behind these zones. CVD measures the net difference between buying and selling volume, adding depth to OB interpretation. On each OB, the indicator displays two bars on the left side to represent cumulative buying volume in green and cumulative selling volume in red, while the ratio on the right side highlights the relative balance of buying and selling pressure. A ratio above 1 suggests a market favoring buyers, while a ratio below 1 indicates selling dominance. These details help traders confirm the validity of an OB and anticipate potential price movements with greater accuracy.

Higher Time Frame OBs​

The indicator enhances analysis by allowing traders to visualize OBs from higher time frames, which include cumulative buy/sell volume. You can configure these time frames directly in the settings:

  • Timeframe 1: Set this to your first higher time frame (e.g., 4H).
  • Timeframe 2: Set this to your second higher time frame (e.g., 1D).

For instance, if you are trading on a 5-minute chart and want to see OBs from a 4-hour and daily chart, you can configure Timeframe 1 to 4H and Timeframe 2 to 1D.