We've just added another free indicator to the collection – the Cumulative Volume Index (CVI) for cTrader.
This tool helps you track the net flow of volume in the market by adding or subtracting volume depending on whether the price closes higher or lower. Over time, this builds a cumulative view of whether volume is supporting the trend or warning you of a possible reversal.
Use it to:
- Confirm price trends with volume support
- Spot early divergence between price and volume
- Detect a quiet accumulation or distribution.
- Filter out false breakouts.
It's simple to use, fully customizable and works on all symbols and timeframes.
👉 Download the indicator here: https://clickalgo.com/cumulative-volume-index
Let us know what you think or if you'd like to see an enhanced version with signal alerts or colour-coded histograms.