OPEN-SOURCE SCRIPT

Volume Cross ━ (For Volume Crop) [whvntr]

Updated
This fulfills a request from user: iTibu to make an oscillator to go along with one of my indicators named: "Volume Crop ━ Hidden Volume Divergence [whvntr]". It essentially does the same thing, without the Midline Tool, so you can better understand where the crosses are happening. Again, the hidden MACD Divergence circles formula originated from TheLark. I converted these values to volume instead of price.

Disclaimer: using this indicator, or any indicator anywhere, involves risk when trading and isn't a guarantee of 100% accurate results.
Release Notes
Inputs color update
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Keyword update
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Inputs menu update
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Added an Upper line & Lower line
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Updated cover to reflect new features
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Sizing photo
Release Notes
MACD lengths updated to 7 & 5 from 26 & 12. If you wish to keep the original settings, you may adjust them in the Inputs menu.
Moving Average Convergence / Divergence (MACD)macdivergenceOscillatorsvolumedivergenceVolumewhvntr

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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Disclaimer