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Volume-Price Divergence Indicator V3

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Description:

This indicator helps you identify volume-price divergences and potential trend weakness across any specified timeframe.

Features:

Volume bars with moving average – green for bullish, red for bearish, with orange SMA to detect low-volume situations.

Custom OBV calculation with divergence detection – highlights when price makes new highs/lows but OBV does not.

VWAP deviation alerts – signals when price moves far from VWAP while volume remains low, indicating potential fake breakouts.

Fully configurable – select any reference timeframe, adjust volume MA, OBV period, and VWAP deviation threshold.

Visual markers – easily spot bullish/bearish divergences and volume-price mismatches directly on your chart.

Use case:

Spot early trend exhaustion points.

Identify fake breakouts or weak rallies/drops.

Combine with your existing trading strategy for more informed entries and exits.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.