PROTECTED SOURCE SCRIPT

Pivot TrendLine with Divergence

24 448
█ OVERVIEW

Automatically draws divergence trends on your charts.

█ CONCEPTS

Key features
 • The script would find all pivot points using built-in functions.
 • Then it would calculate the RSI/MACD level at those pivot bars.
 • At last we're using RSI/MACD divergence as a filter to plot marks on your chart.

█ NOTICE

This script would REPAINT based on the pivot length settings. Indicators are just simple tools to demonstrate price trends, they can not predict trends.

Please keep that in mind.

Use at your own risk.

═════════════════════════════════════════════════════════════════════════

Feel free to leave comments below, this is still an experimental script.

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.