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Pajinko Divergence

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PJK DIVERGENCE is a custom indicator designed to detect market divergence with high precision by combining multiple key market metrics.
It analyzes the relationship between Price Action and key momentum/trend indicators such as RSI, MACD, ADX, and Volume to highlight potential reversal or trend continuation opportunities.

This multi-layer approach allows traders to:

Spot bullish divergence (when price makes lower lows but momentum makes higher lows).

Spot bearish divergence (when price makes higher highs but momentum makes lower highs).

Filter out weak signals by confirming with trend strength (ADX) and volume activity.

How It Works

The script continuously compares price swings with momentum oscillators to identify divergence.

Bullish signals appear when momentum shows strength despite falling prices.

Bearish signals appear when momentum weakens despite rising prices.

ADX is used to confirm trend conditions, and Volume is analyzed to validate market participation.

How to Use

Apply PJK DIVERGENCE to your chart.

Look for bullish or bearish divergence markers and confirm with trend/volume conditions.

Use divergence signals as an early warning for possible trend reversals or as confirmation for existing trade setups.

For best results, combine with the Semi-Auto EA “Cyborg” to manage entries, exits, and risk.

Example Use Cases

Swing Trading: Spot reversal zones before major price movements.

Trend Following: Use divergence to identify potential pullbacks within a trend.

Breakout Trading: Confirm breakout strength by checking for the absence of bearish divergence.
Информация о релизе
PJK DIVERGENCE is a custom indicator designed to detect market divergence with high precision by combining multiple key market metrics.
It analyzes the relationship between Price Action and key momentum/trend indicators such as RSI, MACD, ADX, and Volume to highlight potential reversal or trend continuation opportunities.

This multi-layer approach allows traders to:

Spot bullish divergence (when price makes lower lows but momentum makes higher lows).

Spot bearish divergence (when price makes higher highs but momentum makes lower highs).

Filter out weak signals by confirming with trend strength (ADX) and volume activity.

How It Works

The script continuously compares price swings with momentum oscillators to identify divergence.

Bullish signals appear when momentum shows strength despite falling prices.

Bearish signals appear when momentum weakens despite rising prices.

ADX is used to confirm trend conditions, and Volume is analyzed to validate market participation.

How to Use

Apply PJK DIVERGENCE to your chart.

Look for bullish or bearish divergence markers and confirm with trend/volume conditions.

Use divergence signals as an early warning for possible trend reversals or as confirmation for existing trade setups.

For best results, combine with the Semi-Auto EA “Cyborg” to manage entries, exits, and risk.

Example Use Cases

Swing Trading: Spot reversal zones before major price movements.

Trend Following: Use divergence to identify potential pullbacks within a trend.

Breakout Trading: Confirm breakout strength by checking for the absence of bearish divergence.
Информация о релизе
Pajinko Divergence

Indicator Type: Overlay / Oscillator Combination
Concept: Detects Bullish and Bearish Divergence between price and RSI to highlight potential reversal or trend-weakening zones.

Features

RSI Divergence Detection
Finds Higher Highs / Lower Lows in price that are not confirmed by RSI.

Advanced Filters

Adjustable lookback range (min/max).

Optional filter to detect only in overbought/oversold zones.

Visual Display

Divergence lines plotted directly on chart.

Small “Di” labels at confirmed points.

Toggle display options as needed.

How to Use

Choose your timeframe (e.g., M15, H1, Daily).

Bullish Divergence → Price makes LL but RSI forms HL.

Bearish Divergence → Price makes HH but RSI forms LH.

Combine with Support/Resistance, EMA, ATR Bands or other systems for confirmation.

Use as confirmation, not as a standalone entry signal.

Alerts

Bullish Divergence detected.

Bearish Divergence detected.

Divergence confirmed by swing break.

Notes

For educational purposes only, not financial advice.

Divergences may appear frequently — always confirm with other tools.

Backtest and demo test before using in live trading.

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