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Cuban's VWAP Divergences

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After using many different divergence scripts, I struggled to find one that didn't indiscriminately signal a constant divergence while the price was trending.

This study attempts to solve this issue, along with filtering out false signals. I have found it to print less signals and to be more accurate.

It also gives you a confluence level between high probability reversals (labels) and lower probability reversals (crosses), and some clever trade logic in the candle colouring -- to signal when to take the trade.

I have added a night mode for aesthetic label colouring and an option to minimise labels all together.

I recommend using this study in conjunction with one of my other scripts; Cuban's LTF Trend Oscillator.

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Sürüm Notları
  • Quick aesthetic fix

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.