Automated divergence detection with unparalleled customizability for any market on TradingView.
This is the Basic (Free) version of The Divergent - Advanced Divergence Indicator.
Features:
1. Divergence detection for any market & any timeframe
Bitcoin? Tesla? Gold? You name it. The Divergent will spot divergences for you on any market and any timeframe.
2. Choose from 2 built-in oscillators
The Basic version of The Divergent comes with 2 built-in oscillators: MACD and RSI
3. Automated detection of Regular Bullish and Regular Bearish divergences
The Basic version of The Divergent can detect two types of divergences: Regular Bullish and Regular Bearish
4. Complete control over every aspect of divergence detection
The Divergent exposes over 40 different settings to allow you fine tune the divergence detection algorithm.
- Oscillator (MACD / RSI) - Detect Regular Bullish Divergences - Detect Regular Bearish Divergences - Pivot Detection Source (Price / Oscillator) - Source smoothing - Candle Pivot Detection Mode (Bodies / Wicks) - Pivot Lookback Right - Pivot Lookback Left - Divergence Max. Length - Divergence Min. Length - Number of Historic Pivots to Compare - Pivot Correction - Restrict Starting Pivot to a Single Divergence - Allow Early Detection of Divergences - Line of Sight filter - Minimum Pivot Change filter - Pivot Candle Color filter - Moving Average Filter - MACD settings - RSI settings
5. Divergence statistics
6. Fully documented
The Divergent has each and every of its inputs documented via tooltips inside the settings panel. Simply hover your mouse over the ( i ) icon next each the input field to learn more about the purpose of the configuration.
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Notes de version
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Version: 2022.03.04-r10
Fix "calculation takes too long to execute" issue
Notes de version
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Version: 2022.04.01-r11
Fixed an error that prevented the indicator from loading on the chart
This is a fine indicator and nicely documentet. I played around with it for a while today. My thoughts: I think you wouldn't need the peak correction feature (which would make readout a lot simpler to look for the beginner) if you used the bodies detection by default (which you do) BUT instead of using open/close just use the close value. then it lines up more perfect automatically (esp. with using RSI on close ofc, which is my favorite way to trade).
As someone coding on his own dvergence indicator, I'm a little bit sad that this isn't OSS, but I totally understand the amount of work that has been put into this. Keep up the good work!
WhiteboxSoftware
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As someone coding on his own dvergence indicator, I'm a little bit sad that this isn't OSS, but I totally understand the amount of work that has been put into this. Keep up the good work!