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Date/Time: Thu, 16 May 2024 17:13:17 +0000

Post From: SPY - CVD Study - Miscalculation****

[2024-03-10 23:09:05] Link To Thread - Link To Post [Go To First Post]
User677437 - Posts: 15
There can be a misunderstanding. With Trading view CVD indicator, I know it's a continuous contract. The numbers of the CVD is irrelevant to me, because of the number of days in the lookback period, and so what I have been relying is the relative difference between candle stick bars. From bar to bar the difference will stay the same regardless of the lookback period, which just accumulates are larger positive or negative number. And so I was shocked to see such a difference in the price to CVD divergence. And yes there is a difference between SPY-NQTV, and 'SPY'. You'll have to excuse me, the platform has a learning curve. But even in that case of puling up the consolidated tape. There are differences between the volume study and Cumulative Delta. I can easily compare differences in color. Something doesn't add up between volume and CVD. The Trading View CVD shape/trend is correct (Don't care about continuous contract), and that better correlates with the SC volume study. The SC volume study better correlates to increasing and decreasing price more so than CVD. I'm saying it's impossible to have this massive divergence between selling SPY ETF stock, and the actual price increasing for over an hour.


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