Divergence Volatility Mapping

Divergence Volatility Mapping

This indicator detects divergences between a main symbol and its mapped counterpart symbol.
It is designed to help traders identify potential turning points or confirmation signals when the two series behave differently.

How it works:
- Automatically maps the active chart symbol to its correlated counterpart.
- Compares directional changes between the two series to detect divergence conditions.
- When a divergence is detected, the script highlights the event with boxes, lines and optional labels.
- Supports one or two higher timeframes (configurable by the user).
- Alerts are available for bullish and bearish divergence signals.

How to use:
- Apply on supported symbols that have a mapped counterpart.
- Divergences may highlight potential reversal or continuation zones depending on context.
- Use the first HTF as your main timeframe and optionally enable a second HTF for confirmation.

Notes:
- This indicator only works on supported symbols with a mapped counterpart.
- This is an invite-only script. Access must be requested from the author.