PROTECTED SOURCE SCRIPT

Anthony CVD SMT

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CVD SMT indicator helps visualize the relationship between price swings and Cumulative Volume Delta (CVD) swings to identify potential momentum divergences.

Overview

This script compares recent swing highs and lows in price against corresponding swings in the CVD to highlight where price action and volume flow may differ.
It draws lines between swing points and optionally displays simple text labels for context.

Features

Adjustable swing length for sensitivity control

Optional custom lower-timeframe aggregation for CVD calculation

User-defined bullish and bearish line colors and line width

Option to enable or disable text labels

Automatic daily reset to maintain chart performance

How to Interpret

When price and CVD form different swing structures, the indicator highlights the divergence visually.
It is intended as a contextual analysis tool and should be used together with your broader technical or volume-based analysis.
This script does not generate buy or sell signals and is designed solely for chart visualization and study purposes.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.