Introduction Heyo guys, here is a new adaptive fisherized indicator of me. I applied Inverse Fisher Transform, Ehlers dominant cycle analysis, smoothing and divergence analysis on the Know Sure Thing (KST) indicator. Moreover, the indicator doesn't repaint. Usage I didn't backtest the indicator, but I recommend the 5–15 min timeframe. It can be also used on...
I present to you an indicator capable of determining the divergence and convergence points for any indicator you choose. It will also determine Pivot points. All you need to do is add the indicator to your favorites and call it. Next, you need a second indicator for which you want to find divergences or pivots. Next you need choise 'Oscillator Source' section in...
This Price Divergence Indicator indicator modifies the standard Divergence Indicator to look for price divergences between the current chart and any other selected TradingView chart. The thesis that this indicator is built upon: Prices on assets or indices that are normally correlated move in lock step. Where there are deviations between the confirmed highs or...
Still experimental. Extending further on the divergence backtest results - in this script we try to project next 2 pivots (including one unconfirmed pivot) 🎲 Previous experiments 1. Divergence-Backtester 2. Divergence-Backtester-V2 🎲 Additions Apart from collecting the stats on number of occurrences of HH, HL, LH, LL - this script also keeps track of...
Multi-timeframe Commodity Channel Index (CCI) + Realtime Divergences + Alerts This version of the CCI includes the following features: - Optional 2x sets of triple-timeframe overbought and oversold signals with fully configurable timeframes and overbought and oversold thresholds, can indicate where 3 selected timeframes are all overbought or all oversold at the...
█ OVERVIEW This indicator is a divergence finder, designed to be overlayed on top of any oscillator. By utilizing an Exponential Moving Average, rather than built-in pivot functions, this allows for insignificant pivots of the oscillator to be filtered out. Additionally, by sampling more than just the previous oscillator pivot, this allows for divergences to be...
Relative Strength Index (RSI) + Realtime Divergences This version of the RSI indicator includes the following features: - Optional divergence lines drawn directly onto the oscillator in realtime. - Configurable alerts to notify you when divergences occur. - Configurable lookback periods to fine tune the divergences drawn in order to suit different trading...
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Here is a new screener for everyone. I have applied my Better Divergence On Any Indicator logic to scan 3 different indicators and up to 6 different assets at one time. Shoutout to LonesomeTheBlue and QuantNomad for their respective work on divergence and scanner scripts. I've implemented similar logic to put together this scanner. So far, I have added...
There is n number of possible ways in which we can backtest divergence and this is just a start :) In this script, we are trying to count how many times the pivots made HH, HL, LH, LL after a particular divergence state. An example of using data is as below: The script keeps track of each pivot sentiment and resulting next pivot state. As mentioned in the...
This is my SQueezeVergence indicator. It fires Buy and Sell signals based on squeeze momentum and trend. **It also creates Bull and Bear signals based on MACD divergence which should only be used as areas of support and resistance being as these signals repaint based on a 5 candle look back of pivots.** All settings are editable for better use. The default...
Divergence for Many Panel (D4MP+) This Divergence for Many Panel indicator is built upon the realtme divergence drawing code originally authored by LonesomeTheBlue, now in the form of a panel indicator. The available oscillators, hand picked for their ability to identify high quality divergences currently include: - Ultimate Oscillator (UO) - True Strength...
Money Flow Index (MFI) + Realtime Divergences + Alerts This version of the MFI indicator adds the following 5 additional features to the stock MFI: - Optional divergence lines drawn directly onto the oscillator in realtime. - Configurable alerts to notify you when divergences occur. - Configurable lookback periods to fine tune the divergences drawn in order to...
RF+ Divergence Scalping System + Custom Signals + Alerts. This chart overlay indicator has been developed for the low timeframe divergence scalper. Built upon the realtime divergence drawing code from the Divergence for Many indicator originally authored by Lonsometheblue, this chart overlay indicator bundles several additional unique features and modifications...
Multi-timeframe Stochastic RSI + Realtime Divergences + Alerts + Pivot lookback periods. This version of the Stochastic RSI adds the following additional features to the stock UO by Tradingview: - Optional 3 x Multiple-timeframe overbought and oversold signals, indicating where 3 selected timeframes are all overbought (>80) or all oversold (<20) at the same...
Overview: One-stop shop for all your divergence needs, including: (1) A single metric for divergence strength across multiple indicators. (2) Labels that make it easy to spot where the truly strong divergence is by showing the overall divergence strength value along with the number of divergent indicators. Hovering over the label shows a breakdown of each...
'Divergence Cheat Sheet' helps in understanding what to look for when identifying divergences between price and an indicator. The strength of a divergence can be strong, medium, or weak. Divergences are always most effective when references prior peaks and on higher time frames. The most common indicators to identify divergences with are the Relative Strength...
Library "TA" General technical analysis functions div_bull(pS, iS, cp_length_after, cp_length_before, pivot_length, lookback, no_broken, pW, iW, hidW, regW) Test for bullish divergence Parameters: pS : Price series (float) iS : Indicator series (float) cp_length_after : Bars after current (divergent) pivot low to be considered a valid...