Cuban's VWAP Divergences

2019년 6월 15일

After using many different divergence scripts, I struggled to find one that didn't indiscriminately signal a constant divergence while the price was trending.

This study attempts to solve this issue, along with filtering out false signals. I have found it to print less signals and to be more accurate.

It also gives you a confluence level between high probability reversals (labels) and lower probability reversals (crosses), and some clever trade logic in the candle colouring -- to signal when to take the trade.

I have added a night mode for aesthetic label colouring and an option to minimise labels all together.

I recommend using this study in conjunction with one of my other scripts; Cuban's LTF Trend Oscillator.

2019년 6월 15일

릴리즈 노트

• Quick aesthetic fix