I guess they are more or less similar in 5 min or higher TF charts. Am I correct? Can anyone post a quick comparison screenshot for me? I am interested in divergence between price and cumulative delta. Since Thinkorswim doesn't support cumulative delta, I am considering using OBV instead. Thanks!
I don't use that indicator, but a quick google search shows that it may be possible via Thinkscript. Hope it's of some help https://funwiththinkscript.com/indicators/cumulative-delta-volume/
A As far as I know, TDA's data feed has limited tick data and therefore cannot accurately represent cumulative delta volume information.......
Check out TT CVD (Cumulative Volume Delta). https://library.tradingtechnologies.com/trade/chrt-ti-tt-cumulative-volume-delta.html
Thank you again for the screenshot. When I applied 3 period of EMA to OBV for smoothing, it looks better....