PROTECTED SOURCE SCRIPT
Anthony CVD SMT
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.
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.
نص برمجي محمي
تم نشر هذا النص البرمجي كمصدر مغلق. However, you can use it freely and without any limitations – learn more here.
إخلاء المسؤولية
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.
نص برمجي محمي
تم نشر هذا النص البرمجي كمصدر مغلق. However, you can use it freely and without any limitations – learn more here.
إخلاء المسؤولية
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.