Compared to my "Divergences ( )", this is calculated totally different
There are 3 options:
Since this script is very heavy in calculation it is limited in time (= inspired from a script of "Che_Trader")
Also it uses "max_bars_back" (=1000)
For and there is a "custom Divergences Period", which compares more then 7 ,
the higher the number, the less reliable, it is not necessary to use this, but it is there,
also you can change the "leftbars" and "rightbars", again, it is not necessary to change, but you can...
Linewidth and style of the Divergences lines can be changed
Everything for free! (I would like to ask for a small donation, but that isn't allowed here,
so the many hours I've put in can only be supported by using my script or giving a "like" :-) )
I've added the option "Just show Arrows (No Lines)"
It is now set default as true, so standard NO LINES are shown
This makes it a bit lighter, you can make the lines visible by enabling the
"Just show Arrows (No Lines)" button, just wait a bit until it deploys.
When the message "Calculation timed out.Remove the indicator and reapply it to the chart" is visible,
try to refresh or pick another TimeFrame (and return to the previous TF), normally it will work then.
Since it still is a heavy script, in the near future I will add 3 separate "RSI", "Stoch RSI" and "MACD"
scripts with Divergences to see if it is lighter and faster in use,
Thank you very much!
possibly could still be a bit slower than the separate MACD, RSI, RSI + Stoch + DIV scripts,
it is what you prefer,
Thank you very much!
do you have that service?
Or can you make an improved one?
Or what you want being improved?
If you had any better, I would like to acquire it for my use.
perhaps I can improve it ;-)
Well, first, it works only with the RSI
Second, it was the intention to minimise false lines,
if there are higher/lower points in between, it skips it.
The 'margin' gives more space for false lines, BUT it also can give more right lines :-)
Hope this helps!
Although I tried to make the script lighter, I guess it still is heavy on the server.
You can choose another TF and return or refresh to fix it.
I will see if the option "removing lines" will make it lighter,
I also will see if making a separate "RSI", "MACD", "Stoch RSI" helps as well,
will let you know!