PROTECTED SOURCE SCRIPT
Volume convergence divergence(VCD)

The indicator is MACD(14,9) of 14 day average of total positive and negative volume. The signals are not to be studied similar to price MACD(buy and sell based on line-crossover); instead it shows the overall buyer and seller sentiments.
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This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.