Price Correlation

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

Versionshinweise:

• 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
  

Versionshinweise:

• Needed to publish it on a new chart layout and forgot.
  

Versionshinweise:

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
  

Versionshinweise:

• Removed other indicators from chart so it doesn't get flagged.
  

Versionshinweise:

Release Notes:

• Added a group label for algorithm inputs
  
• Added a group and inputs for changing fill colors.
  

Versionshinweise:

Release Notes:

• Updated chart picture.
  

Versionshinweise:

• Removed lack luster signal generation. Will revise in the future.