This panel spots divergences of some well knonw indicators. It may be usefull because you have all indicators in one panel only. Also, you can check on chart which indicator gives better results of each pair on stock or index or crypto. TO DO: to add custom indicators. thanks to: RicardoSantos for his script of panel coding Tradingview scripts ...
Hi everyone! I wrote this indicator for intraday trading and it cannot be use only by itself you need to at least draw some S/R lines to make it useful. It is based at MACD histogram and gives signal when it sees divergence on MACD/RSI/MACD's Histogram (or all at once - settings) when macd's histogram switchs trend. Im using it to playing with a trend most of the...
Hi everyone! I wrote this indicator for intraday trading and it cannot be use only by itself you need to at least draw some S/R lines to make it useful. It is based at MACD histogram and gives signal when it sees divergence on MACD's Histogram when macd's histogram switchs trend. Im using it to playing with a trend most of the time looking. It highlights candles...
Hey guys! BabyWhale here! I will open source my scripts, so everyone can use them and update. In this RSI Divergence script I added Hidden Divergence (beta) as well. This script will show you: Bullish Divergence (green triangle) Hidden Bullish Divergence (green circle) Bearish Divergence (red triangle) Hidden Bearish Divergence (red circle) You can set the...
This is the MACD of a stochastic OBV movement indicator, Squeeze Momentum Indicator, and addition coloring for Market Direction Indicator . It is good (right) to work with both price and volume. In this version we've moved the divergence highlighting to symbols at the ends of the histograms. Same coloring scheme as previous, yellow is divergence of either OBV or...
Extremely popular indicator MACD (Moving Average Convergence/Divergence) Same design of my previous indicators Show Cross Line for a better visualization ``` Setting recommended for BTC "Fast Length" = 21 "Slow Length" = 55 "Signal Smoothing" = 14 Other markets try "Fast Length" = 12 "Slow Length" = 26 "Signal Smoothing" = 9 ``` -- El MACD...
This is a further development of the last two posts on aggregated signal generation. It shows how to implement the idea in conjunction with another indicator. In this case general rule for long and short entry: the aggregated curve (gray) must cross the mid-line. Colored columns serve as an early warning. Settings were tested with EURUSD in 5m, 30m and 1H TFs.
This is a price percentage divergence ( PPO ) indicator. It may as well be called a turning points indicator.)
Shows RSI divergences in real time (as soon as bar closes in divergence instead of waiting for an RSI pivot). There are alerts included on these events so you are immediately made aware of divergence. Adjustement: It works by detecting a break of a previous high or low and then comparing the RSI value at the last break to the current break. Therefore, by...
Stochastic Divergence Plain simple way of calculating divergences We all have times when we want to see just the divergences and nothning else This script is minimalised to visualize that references : // stochastic // divergence // stoch //
This script implements price divergence module using signals from several factors like: RSI, RSI Stochastic, MACD, Volume MA, Accumulation/Distribution, Fisher Transform and CCI
English: An expansion of the Advance Decline Line of the NASDAQ. It can be interesting to compare the Advance Decline Line with the corresponding benchmark index. I therefore made a ranking (0 to 100) based on the performance over the last days (default: 21 days). The difference is the target figure and ranges between -100 (bearish divergence) to +100 (bullish...
English: An expansion of the Advance Decline Line of the NYSE. It can be interesting to compare the Advance Decline Line with the corresponding benchmark index. I therefore made a ranking (0 to 100) based on the performance over the last days (default: 21 days). The difference is the target figure and ranges between -100 (bearish divergence) to +100 (bullish...
Here's an updated version of our Vortex Trend Tracker indicator. Here's the link to the original if anyone wants to read more about the Vortex or see the first version: We've added in 4 rsi's of varying lengths for this second version(2 fast and 2 slow) that create the background color effect.
Though it may sound complex, the Vortex Indicator is essentially an uptrend line and a downtrend line. The vortex indicator can be used for a variety of purposes, including tracking the strength of trends, identifying/anticipating reversals, and generating entry/exit signals. It’s calculation is shown in the open-source code below. To reduce the number of...