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Volume Divergence

WMA
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It's a simply volume indicator. You should watch for breaks on both volume uptrend and volume downtrend. It uses fibonacci numbers to build smoothed moving average of volume .

Also you can check divergences for trend reversal and momentum loss.

backtest

img

Source
Pine
/*backtest
start: 2022-04-25 00:00:00
end: 2022-05-24 23:59:00
period: 30m
basePeriod: 15m
exchanges: [{"eid":"Futures_Binance","currency":"BTC_USDT"}]
*/

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © baymucuk

//@version=4
Strategy parameters
Strategy parameters
First Moving Average length
Second Moving Average length
Pivot Lookback Right
Pivot Lookback Left
Max of Lookback Range
Min of Lookback Range
Plot Bullish
Plot Hidden Bullish
Plot Bearish
Plot Hidden Bearish
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