OPEN-SOURCE SCRIPT

Pure Volume Divergence [NeoButane]

PVD: MACD with volume as source.

Options to configure:
  • OBV, PVT, or MFI as source
  • Display PVD or a faux zero-based oscillating CVD


snapshot
Centered OscillatorsMoving Average Convergence / Divergence (MACD)MFINBneobutaneOn Balance Volume (OBV)pvtVolume

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


My published indicators: tradingview.com/u/NeoButane/

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