OPEN-SOURCE SCRIPT

Cumulative Delta Divergence [forexobroker]

Cumulative Delta Divergence detects exhaustion patterns where price extends but cumulative tick-rule signed volume does not follow. The z-scores of cumulative delta and price over the same window are differenced; sustained gaps mark institutional positioning against the current move. Signals fire on EMA cross in the resolution direction.

🔶 ALGORITHM

1. signed_vol = volume * sign(close - close[1]).
2. cum_delta = sum(signed_vol, N).
3. delta_z = cum_delta / (stdev(signed_vol, N) * sqrt(N)).
4. price_z = (close - sma(close, N)) / stdev(close, N).
5. divergence = price_z - delta_z. Bear divergence when divergence >= threshold; bull when <= -threshold.

🔶 SIGNAL LOGIC

- Buy: bull divergence AND close crosses EMA up AND not already long AND cooldown elapsed AND barstate.isconfirmed.
- Sell: bear divergence AND close crosses EMA down.
- Position-lock state machine.

🔶 INPUTS

- Cumulative Window (default 40)
- Pullback EMA Length (default 8)
- Min Divergence Z (default 0.30)
- Cooldown Bars (default 4)
- Visual: dashboard, glow, EMA toggle, buy / sell colors

🔶 ALERTS

CDD Buy, CDD Sell, CDD Any Signal, CDD Bull Div On, CDD Bear Div On, CDD Strong Bear, CDD Strong Bull, CDD EMA Up, CDD Webhook JSON.

🔶 LIMITATIONS

- Tick-rule signed volume (sign of close - close[1]) is a proxy; true bid / ask delta requires order-book data not available in Pine.
- Forex broker volumes vary; instruments with consistent volume reporting produce cleaner divergences.
- Window N = 40 is the practical balance; shorter windows fire more but flag false divergences.
- Divergence resolution timing varies; some divergences last many bars before resolving.

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.

forexobroker

🔵Gain access to our powerful tools : kestutisbalciunas.com/tradingview/

🔵Join our free telegram for updates : t.me/algotradingedge

All scripts & content provided by Forexobroker are for informational & educational purposes only.

Juga di:

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.

Skrip open-source

forexobroker

Juga di: