SIGMABASIS: Cumulative Delta Volume Waves (sCVDW v1.5)

SCVD Waves is a unique oscillator for determining bottoming and topping signals based on divergence in delta volume versus RSI . It is a smoothed time derivative of the RSI , plotted as a histogram, and used as a momentum indicator . In addition to providing a better tradeoff between variance and lag, the tool minimizes false or premature buy / sell signals. You can adjust it based on any timeframe and use it for positions and intraday trades.

How to use it?

--Confirm Bullish or Bearish Bias
--Price above zero = Bullish
--Price below zero = Bearish
--Detect Regular and Hidden Divergences.