OPEN-SOURCE SCRIPT
(SVD+CVD) + Divergence
Combines multiple CVD indicators all into one. Infinitely useful for determining buyer/seller aggression.
Histogram shows both singular and an additive bar, white CVD line shows them cumulatively plotted, green and red lines show cumulative buy or sell with a vertical line to indicate the dropoff period.
I used some of JollyWizards code from his indicator, and tweaked a few things, along with adding some features.
Histogram shows both singular and an additive bar, white CVD line shows them cumulatively plotted, green and red lines show cumulative buy or sell with a vertical line to indicate the dropoff period.
I used some of JollyWizards code from his indicator, and tweaked a few things, along with adding some features.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.