OPEN-SOURCE SCRIPT
Updated Time Segmented Volume with divergence and Kumo cloud background

This is a Time Segmented Volume (TSV) indicator with added divergence hunter, crossing signals, Kumo cloud background and alert functions
Please keep in mind that this indicator is a tool and not a strategy, do not blindly trade signals, do your own research first!
Please keep in mind that this indicator is a tool and not a strategy, do not blindly trade signals, do your own research first!
Release Notes
Added more SignalsRelease Notes
You can now select your favorite Moving Average method. Also changed some settings for better and more reliable divergence detection. If you feel that the divergence hunter is repainting or lagging too much, try to reduce the Pivot Lookback to Left and Right.Release Notes
Cosmetic changes, you can now pick the color of the oscillator when its above or under the 0-lineRelease Notes
update to pinescript 5 and minor bugfixes along the wayOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.