OPEN-SOURCE SCRIPT
Divergence Histogram for Many Indicator
Atualizado
Hello Traders,
This script analyses divergences for 11 predefined indicators and then draws column on the graph. Red columns for negatif divergence (means prices may go down or trend reversal), Lime columns for positive divergences (means prices may go up or trend reversal)
The script uses Pivot Points and on each bar it checks divergence between last Pivot Point and current High/Low and if it finds any divergence then immediately draws column. There is no Latency/Lag.
There are predefined 11 indicators in the script, which are RSI , MACD , MACD Histogram, Stochastic , CCI , Momentum, OBV, Diosc, VWMACD, CMF and MFI.
Smaller Pivot Point Period check smaller areas and if you use smaller numbers it would be more sensitive and may give alerts very often. So you should set it accordingly.
There is "Check Cut-Through in indicators" option, I recomment you to enable it. it checks that there is cut-through in indicators or not, if no cut-through then it's shown as valid divergence.
You should see following one as well if you haven't yet:
Enjoy!
This script analyses divergences for 11 predefined indicators and then draws column on the graph. Red columns for negatif divergence (means prices may go down or trend reversal), Lime columns for positive divergences (means prices may go up or trend reversal)
The script uses Pivot Points and on each bar it checks divergence between last Pivot Point and current High/Low and if it finds any divergence then immediately draws column. There is no Latency/Lag.
There are predefined 11 indicators in the script, which are RSI , MACD , MACD Histogram, Stochastic , CCI , Momentum, OBV, Diosc, VWMACD, CMF and MFI.
Smaller Pivot Point Period check smaller areas and if you use smaller numbers it would be more sensitive and may give alerts very often. So you should set it accordingly.
There is "Check Cut-Through in indicators" option, I recomment you to enable it. it checks that there is cut-through in indicators or not, if no cut-through then it's shown as valid divergence.
You should see following one as well if you haven't yet:
Enjoy!
Notas de Lançamento
labels added for number of divergencesboth divergences show above 0 line with different colors (users request)
Script de código aberto
No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.
Aviso legal
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