CVD Divergence indicator for MT5

This indicator estimates buying and selling pressure to spot **hidden trend reversals** (divergences) before price turns.

• Calculates Estimated Cumulative Volume Delta (CVD): Estimates whether buyers or sellers were in control during each candle based on where price closed relative to the candle's High-Low range.
• Displays a Dual-Color Histogram: Plots a histogram in a separate window below the chart—Green for positive volume delta (buying pressure) and Red for negative volume delta (selling pressure).
• Detects Divergences Automatically: Scans price swing points (fractals) against CVD levels:
• Bullish Divergence (`+RD`): Price drops to a lower low, but buying volume rises (higher low in CVD). Signals a potential upward reversal.
• Bearish Divergence (`-RD`): Price pushes to a higher high, but buying volume fades (lower high in CVD). Signals a potential downward reversal.

Draws lines Directly on Your Chart: When a divergence occurs, it automatically draws matching trendlines and text labels on both your main price chart and the indicator window.

Happy PiP$.

PS: If you require a version compiled in X64, please see here.