The analysis of the above charts shows that traders with large capital seem to trade more profitably as they act according to the trend. However, the price and large volumes move in sync, and it is precisely the large volumes that influence the price movement.
Traders with small working volumes often act against the trend, making wrong decisions. Consider trading against the direction indicated by the cumulative delta line based on small volumes as a way to implement a Contrarian Trading strategy.
The ATAS platform enables you to take a snapshot of trader activity with different capitalizations using the Cumulative Volume Delta (CVD) Pro and Cumulative Volume Delta Pro (Multi) indicators with built-in filters.
By configuring the filters effectively, you can categorize traders based on their capitalization. As the examples above show, this will help you make more informed trading decisions.
We should also mention the Market Replay simulator of the ATAS platform, which allows you to save time on trading education without risking your capital. For instance, you can develop and test your own trading strategy based on the CVD Pro indicator in an environment that closely simulates real-market conditions.
Download Free Trial ATAS. It is free. During the trial period, you will get full access to the platform’s tools to experiment with the CVD Pro indicator and others. Moreover, you can continue using the program for free even after the 14-day trial period is over, whether it is for cryptocurrency trading or volume analysis.
That ATAS platform:
- enables you to download tick history from the futures, stocks, and crypto markets so that you can get a detailed picture of the market;
- provides many benefits for traders who want to combine bounce trading with user-friendly cluster charts and useful indicators.
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