Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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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
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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
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Needed to publish it on a new chart layout and forgot.
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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
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Removed other indicators from chart so it doesn't get flagged.
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Release Notes:
Added a group label for algorithm inputs
Added a group and inputs for changing fill colors.
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Release Notes:
Updated chart picture.
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Removed lack luster signal generation. Will revise in the future.