NX/CD

NX/CD is a market structure visualization indicator designed to provide insight beyond standard single or multi-moving-average overlays.

While traditional MA tools (including 4-MA or 6-MA setups) rely on comparing multiple smoothed lines, NX/CD represents price behavior through layered adaptive bands that function as a unified structure. This band-based approach makes structural expansion, compression, and transition phases more visible than line-based averaging.

The CD component focuses on multi-layer price–momentum divergence analysis, tracking how price movement and underlying momentum evolve across successive structural segments. By evaluating repeated and reinforcing divergence conditions, CD helps highlight bullish and bearish structural events that reflect changes in internal market dynamics rather than simple MA alignment.

By combining band-based structure (NX) with divergence-driven internal state analysis (CD), NX/CD provides a contextual view of how short- and medium-term price behavior develops across different market environments.