TheKaoticS

Price Correlation

TheKaoticS Updated   
Price Volume correlation script.

Detects divergences between Price and Volume. The line will become blue when the price becomes indecisive / detects divergences between the price and volume. When this happens the line will drop / jump between the moving price S/R levels. Usually a good indication on when to buy / sell given the current trend
Release Notes:
  • Upgraded color scheme
  • Added Dema for a bit more confirmation on trend flips
  • Still tweaking around with the values in general but this seems to be pretty solid so far
Release Notes:
  • Needed to publish it on a new chart layout and forgot.
Release Notes:
Update the default look to what i've been using the past few months

  • Line bounds are now removed by default
  • Only the spaces in between bands now show
Release Notes:
  • Removed other indicators from chart so it doesn't get flagged.
Release Notes:
Release Notes:
  • Added a group label for algorithm inputs
  • Added a group and inputs for changing fill colors.
Release Notes:
Release Notes:
  • Updated chart picture.
Release Notes:
  • Removed lack luster signal generation. Will revise in the future.

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