Buy volume minus sell volume — the real conviction gauge.
Volume Delta measures the difference between market-buy (aggressive buying) and market-sell (aggressive selling) volume within each candle. Cumulative Volume Delta (CVD) sums this over time. When price makes a new high but CVD makes a lower high, smart money is distributing into retail buying — a bearish divergence. The opposite signals accumulation.
In the ICT framework, Volume Delta / CVD is produced by these upstream concepts:
Understanding Volume Delta / CVD is essential because it feeds into:
Open the Volume Delta & CVD interactive module — see Volume Delta / CVD on a real chart with step-by-step annotations.
🎯 Open in IMS App →