I am no expert in CDV, but as I learn more about it I wanted to start a thread to discuss trade ideas. If you see me making mistakes in my analysis, by all means let me know.
Some basics:
CDV = Cumulative Delta Volume
Cumulative meaning growing or increasing over time. You could reset your CDV chart daily on a new session, but I believe the more useful approach is to let it run over multiple days.
Delta meaning measuring the difference between volume at bid vs volume at ask. The delta is the difference between the two. It is based on market orders, not limit orders.
FulcrumTrader did a cumulative delta webinar for us, check it out here:
Webinar: Cumulative Delta Volume Trading (