Divergence

LonesomeTheBlue

Hello Everyone. Almost one year later, with Pine version 4, I developed new version of the Divergence for many Indicator. It analyses divergences for 10 predefined indicators and then draws line on the graph. Red for negatif divergence (means prices may go down or trend reversal), Lime for positive divergences (means prices may go up or trend...

Peter_O

Divergences are well-known tool for finding trend reversals. Powerful, yet... unreliable. Sometimes they show up, sometimes they don't. Sometimes they really mean trend end, sometimes the trend continues. I've witnessed countless discussions about which indicator to hunt for divergences on. All pointless. Earlier today I found a very inspirational script by...

madoqa

Divergence screener for OBV RSI Regular Bullish: "D" navy label Hidden Bullish: "H" navy label Regular Bearish: "D" red label Hidden Bearish: "H" red label

Rexio

Another appoach to finding divergences at MACD. This time I think it is much smoother so I could check for divergences between two "peaks" at MACD. I added my SL line which is last peak +- 1xATR. And the second line is peak between two points of divergence and most of the time it acts like an SR line. If the higher timeframe trend backs up our divergence (for...

tista

Adapted from TradingView's RSI Divergences to instead use Stochastic RSI as the oscillator.

madoqa

Divergence screener for Stoch RSI Regular Bullish: "D" navy label Hidden Bullish: "H" navy label Regular Bearish: "D" red label Hidden Bearish: "H" red label

madoqa

Divergence screener for Awesome Oscillator Regular Bullish: "D" navy label Hidden Bullish: "H" navy label Regular Bearish: "D" red label Hidden Bearish: "H" red label

madoqa

Divergence screener for MACD Regular Bullish: "D" navy label Hidden Bullish: "H" navy label Regular Bearish: "D" red label Hidden Bearish: "H" red label

madoqa

Divergence screener for LinerRegressionSlope Regular Bullish: "D" navy label Hidden Bullish: "H" navy label Regular Bearish: "D" red label Hidden Bearish: "H" red label

madoqa

Divergence screener for RVI Regular Bullish: "D" navy label Hidden Bullish: "H" navy label Regular Bearish: "D" red label Hidden Bearish: "H" red label

madoqa

Divergence screener for MFI Regular Bullish: "D" navy label Hidden Bullish: "H" navy label Regular Bearish: "D" red label Hidden Bearish: "H" red label

tista

This CCI Divergences indicator uses the candle low values to find bullish divergences and candle high values to find bearish divergences.

madoqa

Divergence screener for CCI Regular Bullish: "D" navy label Hidden Bullish: "H" navy label Regular Bearish: "D" red label Hidden Bearish: "H" red label

madoqa

Divergence screener for KVO Regular Bullish: "D" navy label Hidden Bullish: "H" navy label Regular Bearish: "D" red label Hidden Bearish: "H" red label

ChuckBanger

This indicator is a modified version of a stochastic RSI oscillator. I want to share this because it is really good for analysis of divergence between price action and the oscillator. You can also use it to trade overbought and oversold conditions. To find out more what a divergences is when we talk about trading. Take a...

RaphaelVigneault

"What is the Commodity Channel Index (CCI)? Developed by Donald Lambert, the Commodity Channel Index (CCI) is a momentum-based oscillator used to help determine when an investment vehicle is reaching a condition of being overbought or oversold. It is also used to assess price trend direction and strength. This information allows traders to determine if they want...

Upland

OBV is the 'On Balance Volume' indicator and is part of the 'keeping it simple' series that have a similar color scheme. the OBV measures buying and selling pressure as a cumulative indicator, adding volume on up days and subtracting it on down days. The OBV can show divergences or confirm trend.

Upland

Stochie is the StochRSI indicator and is part of the ''keeping it simple' series that have a similar color scheme. The Stochastic RSI technical indicator applies the Stochastic Oscillator to values of the Relative Strength Index (RSI). The indicator thus produces two main plots FullK and FullD oscillating between oversold and overbought levels. The StochRSI can...