RSI Divergence Tops + BottomsRSI Indicator which plots local peaks and troughs in divergence.
Divergence is specified as:
- A higher price, with reduced RSI --> Potential Sell Point
- A lower price, with higher RSI --> Potential Buy Point
RSI Divergence should be used in combination with other indicators. This indicator identifies local tops and bottoms, with potential for macro trend shifts.
Read more about trading RSI Divergence on Investopedia here: www.investopedia.com
Komut dosyalarını "Divergence" için ara
MACD Divergence MultiTimeFrame [FantasticFox]This is a MACD divergence on 3 time-frames, 1h, 4h and 1D.
Please insert the indicator into a 1h chart, otherwise change the lengths' inputs.
you will see H1,H2, H3, R1, R2 and R3 in green and maroon colors.
H means hidden divergence, 1 regards to 1h, 2 to 4h, and 3 to 1D. If the color is green, its bullish, and if its maroon the divergence is bearish.
Gray circles on 4h macd is for those traders who want to check the confirmation on Elliott wave changes.
*Thanks to RicardoSantos MACD divergence.
TICK Divergence + Heikin Ashi [Pt]This indicator identifies divergence between NYSE TICK and price, displays TICK in line, bar, or Heikin Ashi format, calculates various types of moving average lines and shows moving average crossovers.
What is TICK
NYSE TICK, also known as the TICK index, is a technical analysis indicator that shows the number of stocks on the New York Stock Exchange (NYSE) that are trading on an uptick or a downtick in a particular period of time. The TICK index is calculated by subtracting the number of stocks trading on a downtick from the number of stocks trading on an uptick. A reading of +1000 on the TICK index, for example, would indicate that there are 1000 more stocks trading on an uptick than on a downtick. The TICK index is often used as a measure of market sentiment, as it can provide insight into whether there is more buying or selling pressure in the market at a given time. A high TICK index reading may suggest that there is strong buying pressure, while a low TICK index reading may indicate that there is more selling pressure in the market.
The TICK index is usually very volatile, so this indicator is best suited for lower timeframes, such as 1 to 5 min charts.
Features
1) Shows bullish, bearish, hidden bullish and hidden bearish divergences
2) Three display modes for TICK data: Line, Bar, Heikin-Ashi
3) Plot various moving average lines and crossovers. Overall background
4) Configurable significant zones. Background colors will change based on closing TICK value.
Price Convergence DivergenceSimple Price convergence divergence. Current close minus past or in other words lagging price.
RSI Overbought Divergence Indicator with AlertsThis indicator alerts you only if there are divergences after price was oversold or overbought
Uber Oscillator with DivergencesThis is a simple mod of the Uber Oscillator with more periods added to the mix and combined with a the Tradingview Divergence spotter.
Compare it to the standard Ultimate Oscillator and see the difference. Good to even overlay them even.
It basically just adds more detail. You won't always need it but sometimes it can catch big drops/peaks earlier then the standard AO while still retaining relative relaxedness during other periods.
Volume Divergence by MMIt's a simply volume indicator. You should watch for breaks on both volume uptrend and volume downtrend. It uses fibonacci numbers to build smoothed moving average of volume.
Also you can check divergences for trend reversal and momentum loss.
WaveTrend Oscillator + Divergence + Direction Detection +AlertsMake this version of the famous WaveTrend indicator has the following characteristics:
- WaveTrend direction detection
- Customizable overbought and oversold level (set by default just like the original version)
- Possibility to modify the length of the channel (set by default same as the original version)
- Possibility of modifying mobile period (set by default same as the original version)
- Show ONLY overbought sales.
- Show all sales.
- Show ONLY purchases in oversold.
- Show all purchases.
- See histogram.
- See half signal.
- Paint Bars.
- Modification of colors.
Alerts:
The indicator has the following alerts:
- Sales in oversold
- All Sales
- Purchases in oversold
- All Purchases
- Purchases / Overbought sales / Sales
- All Sales / Purchases
- Change WT Direction
NOTE: This single indicator should not be taken as a trading strategy is only a tool for the trader that gives a sense of depth market and potential opportunities for purchase / sale which must be evaluated in the context generally used this indicator to look for positions in areas of overbought / sell, also for detecting differences, other aspects such as the direction of Wavetrend, levels, histogram, etc, also provide useful information.
Release Notes: Add a field to change reaction and color change direction WT, is set to 1 as fast (default), better greater number address filter but is slower.
Release Notes: Add a Hidden Divergences detector and Regulars (bulls and the bears), from setup can activate them, also can turn off the labels and leave only the lines, configure it to your liking.
NOTE: SCRIPT IN SPANISH
InfoPanel Divergence IndicatorThis 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
Other members of TV community (I cannot remember the source and inspiration of all snipets)
Please use comment section for any feedback.
bitFlyer DivergencebitFlyer Divergence.
Basis is BitMEX:BXBT(converted into JPY).
*bitFlyer BTCJPY spot
*bitFlyer FXBTCJPY
Fuchsia(pink) = BTCJPY spot - BXBT
Teal(dark green) = FXBTCJPY - BTCJPY spot
Lime(light green) = BTCspot - BXBT
Stochastic RSI with DivergencesTook my other Log RSI script and plugged in Stochastic RSI to see how divergences play on an oscillator with two lines. Turns out divergences are good at predicting changes in the oscillator but that doesn't mean that the oscillator will always mimic price action.
Log vs. no log is virtually the same.
Credits to
@fskrypt for introducing geometric mean
Divergences by @RicardoSantos (@JustUncleL's edit)
KAMA Divergence [DW]This study is a simple experiment that expresses divergences between price and Kaufman's Adaptive Moving Average as a percentage. The result is then smoothed using KAMA to provide a signal line.
Dual Volume Divergence Index [DW]This is an experimental variation of Paul L. Dysart's Positive Volume Index and Negative Volume Index that tracks the divergences between the PVI and its EMA, and the NVI and its EMA, then plots both together for comparison.
This tool can be used to identify trending price activity.
MgGinley Dynamic Divergence [DW]This is an experimental study designed to visualize momentum and average range by expressing divergences between price and a McGinley Dynamic as a percentage.
Signals and pivot divergencesScript that shows buy and sell signals for multiple indicators and divergences when there's a pivot in the price chart. The defaults are from my own laboration and don't hesitate to share your settings!
Best of trading luck!
Relative Strength Index - Divergences - LibertusHello all,
To ease everyone's trading experience I made this script which colors RSI overbought and oversold conditions and as a bonus displays bullish or bearish divergences in last 50 candles (by default, you can change it).
Script is open source, part of code is from Trading View examples. If you have suggestions or you already made some improvements, please report in comment.
Happy trading and good luck!
RSI Divergence - Baby WhaleHey 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 RSI values.
I recommend 60 / 40 or 70 / 30.
Last but not least, you can set alarms when a Divergence or Hidden Divergence is found.
Feedback is always welcome!
Credits to @Libertus, I used his script as inspiration.
Good luck with trading!
BabyWhale
RSI Divergence Method█ OVERVIEW
This is a divergence indicator based on Relative Strength Index (RSI).
My attempt to make this indicator updated based on latest pine script features such as type, object and method.
█ FEATURES
1. Color of plot and label is based on contrast color of chart background. Able to customize color from style menu.
2. Big divergence (Regular Divergence) is based on lime / red color.
3. Small divergence (Hidden Divergence) is based on contrast color of chart background.
█ EXAMPLES / USAGES
[JL] Stochastic Divergence AlertCompare two cross area:
k is increasing, low is lower and previous k is less than bottom level then it is bottom divergence
k is decrease, high is higher and previous k is more than top level then it is top divergence
With long term moving average(400), seems that Stochastic Divergence is more accurate than RSI Divergence on 1m chart.
Macd Divergence + MTF EMA MACD Divergence + Multi Time Frame EMA
This Strategy uses 3 indicators: the Macd and two emas in different time frames
The configuration of the strategy is:
Macd standar configuration (12, 26, 9) in 1H resolution
10 periods ema, in 1H resolution
5 periods ema, in 15 minutes resolution
We use the two emas to filter for long and short positions.
If 15 minutes ema is above 1H ema, we look for long positions
If 15 minutes ema is below 1H ema, we look for short positions
We can use an aditional filter using a 100 days ema, so when the 15' and 1H emas are above the daily ema we take long positions
Using this filter improves the strategy
We wait for Macd indicator to form a divergence between histogram and price
If we have a bullish divergence, and 15 minutes ema is above 1H ema, we wait for macd line to cross above signal line and we open a long position
If we have a bearish divergence, and 15 minutes ema is below 1H ema, we wait for macd line to cross below signal line and we open a short position
We close both position after a cross in the oposite direction of macd line and signal line
Also we can configure a Take profit parameter and a trailing stop loss
Price Divergence AccumulatePrice divergence is a good indicator to detect a trend change.
But only check the divergence value is not enough, the time range of how long the trend continues also needs to be measured.
This indicator accumulated Price Divergence until it turns from plus to minus or minus to plus.
From this Accumulated Price Divergence
1. The upper-level (long term) trend should be supported by the lower-level (short term) trend.
if the peaks of the lower-level trend become lower and lower, it is indicating the upper-level trend might get an adjustment.
2. At the beginning of the upper-level trend
The 1st lower-level trend peak might exceed the upper-level trend. But often we see it will be corrected and 2nd lower-level trend will be underneath the upper-level trend.
