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Volume Delta Divergence Candle Color

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This indicator identifies divergences between price action and volume delta, highlighting potential reversal or continuation signals by coloring candles when buyer/seller pressure conflicts with the candle's direction.

**How It Works:**

The indicator analyzes real-time up/down volume data to detect two types of divergences:

🟣 **Seller Divergence (Fuscia)** - Occurs when a candle closes bullish (green) but the volume delta is negative, indicating more selling pressure despite the upward price movement. This suggests weak buying or potential distribution.

🔵 **Buyer Divergence (Cyan)** - Occurs when a candle closes bearish (red) but the volume delta is positive, indicating more buying pressure despite the downward price movement. This suggests weak selling or potential accumulation.

**Features:**

✓ Colors only divergent candles - non-divergent candles maintain your chart's default colors
✓ Uses actual exchange volume delta data (works best with CME futures and other instruments with tick-level data)
✓ Optional triangle markers above/below divergent candles for quick visual identification
✓ Clean, minimal design that doesn't clutter your chart

**Best Used For:**

- Identifying potential reversals or continuations
- Spotting weak price movements that may not follow through
- Confirming price action with underlying volume pressure
- Works on any timeframe with available volume delta data

**Note:** This indicator requires volume data from exchanges that provide tick-level information (CME futures, cryptocurrency exchanges, etc.). Results may vary on instruments with limited volume data.
Информация о релизе
This indicator identifies divergences between price action and volume delta, highlighting potential reversal or continuation signals by coloring candles when buyer/seller pressure conflicts with the candle's direction.

**How It Works:**

The indicator analyzes real-time up/down volume data to detect two types of divergences:

🟣 **Seller Divergence (Fuscia)** - Occurs when a candle closes bullish (green) but the volume delta is negative, indicating more selling pressure despite the upward price movement. This suggests weak buying or potential distribution.

🔵 **Buyer Divergence (Cyan)** - Occurs when a candle closes bearish (red) but the volume delta is positive, indicating more buying pressure despite the downward price movement. This suggests weak selling or potential accumulation.

**Features:**

✓ Colors only divergent candles - non-divergent candles maintain your chart's default colors
✓ Uses actual exchange volume delta data (works best with CME futures and other instruments with tick-level data)
✓ Optional triangle markers above/below divergent candles for quick visual identification
✓ Clean, minimal design that doesn't clutter your chart

**Best Used For:**

- Identifying potential reversals or continuations
- Spotting weak price movements that may not follow through
- Confirming price action with underlying volume pressure
- Works on any timeframe with available volume delta data

**Note:** This indicator requires volume data from exchanges that provide tick-level information (CME futures, cryptocurrency exchanges, etc.). Results may vary on instruments with limited volume data.

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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.