Price Correlation
Detects divergences between Price and Volume. The line will become blue when the price becomes indecisive / detects divergences between the price and volume. When this happens the line will drop / jump between the moving price S/R levels. Usually a good indication on when to buy / sell given the current trend
- Upgraded color scheme
- Added Dema for a bit more confirmation on trend flips
- Still tweaking around with the values in general but this seems to be pretty solid so far
- Needed to publish it on a new chart layout and forgot.
- Line bounds are now removed by default
- Only the spaces in between bands now show
- Removed other indicators from chart so it doesn't get flagged.
- Added a group label for algorithm inputs
- Added a group and inputs for changing fill colors.
- Updated chart picture.
- Removed lack luster signal generation. Will revise in the future.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact TheKaoticS directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact TheKaoticS directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.