🔵 Introduction 🟣 Understanding Divergence As mentioned, divergence occurs in technical analysis when a stock's price behaves contrary to indicators on the price chart. Divergence can signify either a reversal of the stock's trend or a continuation of the previous trend correction. Divergences can act as reversal patterns or continuation patterns. Moreover,...
Hello Traders, Here is my new year gift for the community, Digergence for Many Indicators v4 . I tried to make it modular and readable as much as I can. Thanks to Pine Team for improving Pine Platform all the time! How it works? - On each candle it checks divergences between current and any of last 16 Pivot Points for the indicators. - it search divergence...
Hello traders My way to fight this situation is to stay productive. Hope some of my scripts will help you out as most of us are locked-down at home, hence have more time for trading - and preparing ourselves when the sun will shine on us again I - Concept This is an upgrade of this script which captured only the regular divergences This screener detects...
Hello traders I hope you're all hanging on at home with what's going on these days... The good news is.... it gives us more time to trade ^^.... #positive #attitude I - Concept This screener detects whether the regular RSI divergences based on the TradingView Divergence built-in indicator (made by the gentleman @everget I believe) With this screener, you can...
Hello traders Hope you had a great Thanksgiving Now it's my turn to give and all I ask in return is you to be thankful (did I get the "Thanksgiving" thing right?) The Currency Strength Indicator plots an average of the selected FX pairs in the indicator. Someone asked me if I could develop an alternative of that script adding a divergence component. The...
A gift from me to all. This script is developed to find Divergences for many indicators. it analyses divergences and then draws line on the graph. red for negatif, lime for positive divergences. Currently script checks divergence for RSI, MACD, MACD Histogram, Stochastic, CCI, Momentum, OBV, Diosc, VWMACD and CMF indicators. You can use some or all of these...
This is a revised version of the original "Price Divergence Detector by RicardoSantos". Description: Price Divergence detection for various methods : RSI, MACD, STOCH, VOLUME, ACC-DIST, FISHER, CCI, BB %B and Ehlers IdealRSI. Both Hidden and Regular Divergences are detected. Mofidifications: Revision 3.0 by JustUncleL Added option to disable/enable...