Cuban's VWAP Divergences

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.

Release Notes

Quick aesthetic fix

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact cubantobacco directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Warning: please read our guide for invite-only scripts before requesting access.

cubantobacco

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