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CMF Divergence Indicator
💰 CMF Divergence Indicator
Hello everyone! I am thrilled to introduce the CMF Divergence Indicator, a precision-engineered tool designed to bridge the gap between price action and volume-weighted money flow. Whether you are hunting for major trend reversals or looking for hidden continuation signals, this indicator brings institutional-grade volume analysis directly to your charts.
👀 Overview:
The CMF Divergence Indicator identifies discrepancies between price peaks/troughs and the CMF oscillator.
✨ Key Features:
🎯Pivot-Based Detection: Uses a precise pivot lookback logic (Left/Right) to identify structural highs and lows.
🔄Dual Divergence Support: Detects both Regular (reversal) and Hidden (continuation) divergences.
🛠️ How to Use:
🐂 Regular Bullish (Bull): Price makes a lower low, but CMF makes a higher low. This suggests selling pressure is exhausting despite the price drop.
🐻 Regular Bearish (Bear): Price makes a higher high, but CMF makes a lower high. This indicates that the uptrend is losing its volume support.
🕵️♂️ Hidden Divergences: Useful for identifying trend continuations where the oscillator "over-corrects" relative to price.
Integrate this indicator into your strategies to boost your analytical power. Don't forget to boost and support if you find it helpful! I look forward to your comments and suggestions for future improvements. Safe trading! 📊📈
Hello everyone! I am thrilled to introduce the CMF Divergence Indicator, a precision-engineered tool designed to bridge the gap between price action and volume-weighted money flow. Whether you are hunting for major trend reversals or looking for hidden continuation signals, this indicator brings institutional-grade volume analysis directly to your charts.
👀 Overview:
The CMF Divergence Indicator identifies discrepancies between price peaks/troughs and the CMF oscillator.
✨ Key Features:
🎯Pivot-Based Detection: Uses a precise pivot lookback logic (Left/Right) to identify structural highs and lows.
🔄Dual Divergence Support: Detects both Regular (reversal) and Hidden (continuation) divergences.
🛠️ How to Use:
🐂 Regular Bullish (Bull): Price makes a lower low, but CMF makes a higher low. This suggests selling pressure is exhausting despite the price drop.
🐻 Regular Bearish (Bear): Price makes a higher high, but CMF makes a lower high. This indicates that the uptrend is losing its volume support.
🕵️♂️ Hidden Divergences: Useful for identifying trend continuations where the oscillator "over-corrects" relative to price.
Integrate this indicator into your strategies to boost your analytical power. Don't forget to boost and support if you find it helpful! I look forward to your comments and suggestions for future improvements. Safe trading! 📊📈
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。