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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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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。