PROTECTED SOURCE SCRIPT
CVD, VWAP, MFI - By Trading With Kyo
VWAP + CVD Divergence with MFI Signal
This custom indicator combines three powerful components for short-term trend analysis and potential reversal detection:
• VWAP (Volume-Weighted Average Price) – used as a dynamic support/resistance and trend anchor.
• CVD (Cumulative Volume Delta) – measures the difference between buying and selling pressure.
• MFI (Money Flow Index) – momentum oscillator that combines price and volume.
The indicator detects bullish and bearish divergences between CVD and MFI, signaling when price may be weakening or preparing to reverse.
Optional arrows or labels appear when divergence conditions align with VWAP positioning, making it useful for scalping or precision entries.
Suitable for intraday traders, scalpers, and volume-based strategists.
This custom indicator combines three powerful components for short-term trend analysis and potential reversal detection:
• VWAP (Volume-Weighted Average Price) – used as a dynamic support/resistance and trend anchor.
• CVD (Cumulative Volume Delta) – measures the difference between buying and selling pressure.
• MFI (Money Flow Index) – momentum oscillator that combines price and volume.
The indicator detects bullish and bearish divergences between CVD and MFI, signaling when price may be weakening or preparing to reverse.
Optional arrows or labels appear when divergence conditions align with VWAP positioning, making it useful for scalping or precision entries.
Suitable for intraday traders, scalpers, and volume-based strategists.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.