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Hello traders
My way to fight this situation is to stay productive.
Hope some of my scripts will help you out as most of us are locked-down at home, hence have more time for trading - and preparing ourselves when the sun will shine on us again
I - Concept
This is an upgrade of this script which captured only the regular divergences
This screener detects whether the regular RSI divergences based on the TradingView Divergence built-in indicator (made by the gentleman @everget I believe)
With this screener, you can see in 1 view which of your favorite cryptos/stocks/forex pairs/etc. showing strong regular and hidden divergences
The gentlemen (and demoiselles) traders can play with the lookback/ranges inputs to adjust the divergences based on what they think is best of their trading/timeframe/instrument/life
On that script screenshot, I'm showing the BYBIT:BTCUSD part of the screener matching with the divergences on the chart
II - How did I set the screener
The visual signals are as follow:
- square: whenever a regular or hidden divergence is detected
Then the colors are:
- green when there is bullish divergence
- red when there is bearish divergence
🔔🔔 I also added the alerts for capturing those bullish / bearish divergences
III - Does it repaint?
It should not :)
Best regards
Dave
My way to fight this situation is to stay productive.
Hope some of my scripts will help you out as most of us are locked-down at home, hence have more time for trading - and preparing ourselves when the sun will shine on us again
I - Concept
This is an upgrade of this script which captured only the regular divergences
This screener detects whether the regular RSI divergences based on the TradingView Divergence built-in indicator (made by the gentleman @everget I believe)
With this screener, you can see in 1 view which of your favorite cryptos/stocks/forex pairs/etc. showing strong regular and hidden divergences
The gentlemen (and demoiselles) traders can play with the lookback/ranges inputs to adjust the divergences based on what they think is best of their trading/timeframe/instrument/life
On that script screenshot, I'm showing the BYBIT:BTCUSD part of the screener matching with the divergences on the chart
II - How did I set the screener
The visual signals are as follow:
- square: whenever a regular or hidden divergence is detected
Then the colors are:
- green when there is bullish divergence
- red when there is bearish divergence
🔔🔔 I also added the alerts for capturing those bullish / bearish divergences
III - Does it repaint?
It should not :)
Best regards
Dave
💰 Results/Blogs: https://bit.ly/2ULUtjo
⏩ Signals/Pricing: https://best-trading-indicator.com/pages/pricing
🐦 Twitter: https://twitter.com/bti_trading
👉 Get a $30 discount on TradingView: https://bit.ly/2UM5OA0
📺 Youtube: https://bit.ly/3bKvnZu
⏩ Signals/Pricing: https://best-trading-indicator.com/pages/pricing
🐦 Twitter: https://twitter.com/bti_trading
👉 Get a $30 discount on TradingView: https://bit.ly/2UM5OA0
📺 Youtube: https://bit.ly/3bKvnZu
Комментарии
I would like to know how to apply it for a list of 10 stocks at a time.
Help would be highly appreciated.
You have to declare 6 or 7 more lines like this one at the top
And then replicate (understand copy/paste) lines 107 to 136 adding your variables sec00 to sec09
Cheers
It's really a good indicator. Thx a lot.
Can you explain what is :"Pivot Lookback Right" and "Pivot Lookback Left"? Changing this, it will change the divergence that are showed, but I'm not sure to really understand it.
There is some divergence that I would like to see, bit that are not showed on your indicator.
Thx a lot
Ippo
This is why I don't like them very much
So to estimate retroactively why a divergence happens, we look at how the price behaved with X candles to the right and X candles to the left
From there we estimate the divergence - Generally, this triggers a 1 or sometimes 2 candles delay as it's a retroactive calcul
You can get it by creating a new indicator clicking on New from the pine Editor > select Divergence indicator
just a query.....i can add only maximum of 6 scripts.What to do to add more scripts??
https://www.tradingview.com/gopro/?share_your_love=Daveatt