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.
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.
My own interpretation indicator which i call multi time frame moving averages momentum with NO LAG EMA support (Optional).
The indicator is calculated by subtracting the long-term EMA from the short-term EMA .
This pretty much resembles the MACD moving averages calculation but without the smoothing of the histogram.
Can also be used to find divergences.
Its an MACD indicator which highlights places where macd and signal line cross and hidden divergence ocures.
Logic behind it is to check if we have hidden divergence when crossing of that two lines and if above EMA200 (signal for BUY - green) or if below EMA200 (signal for SELL - red).
You can change lenght of EMA but i think 200 is a simpliest trend indicator.
No matter how much I like PineScript, there are still things missing in the language. One of the most annoying issues is that you cannot set dynamic length value for highest/lowest functions. This length must be fixed integer. But it doesn't make sense in a lot of cases, when you'd like to know what was the highest/lowest value of a series SINCE EVENT in the past,...
This revision of this indicator is an Open Public release. The indicator alert based on JayRogers "Open Close Cross Strategy R2" and is used in conjunction with the revised "Open Close Cross Strategy R5".
This indicator alert created for TradingView alarm sub-system (via the alertcondition() function, which currently does not work in a ...
This is the Strategy version of the Study I published. It is a Moving Average that can be applied to any plot to plot divergences on any oscillator, as well as perform backtesting. You'll need a REALLY good oscillator to perform live trades using this alone, but I think it is a valuable tool and had the Strategy hanging around and for some reason didn't upload it...
This study is based on the work of TV user Beasley Savage ( ) and all credit goes to them.
Changes I've made:
1. Added a visual symbol of an overbought/oversold threshold cross in the form of a red/green circle, respectively. Sometimes it can be hard to see when a cross actually...
This is a new version of my "Divergences"
Compared to my "Divergences (Pivots)", this is calculated totally different
There are 3 options:
- Stoch RSI
Since this script is very heavy in calculation it is limited in time (= inspired from a script of "Che_Trader")
Also it uses "max_bars_back" (=1000)
Make 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...
A gift from me to all.
This script is developed to find Divergences for many indicators. it analyses divergences and then draws line on the graph. red for negatif, lime for positive divergences.
Currently script checks divergence for RSI, MACD, MACD Histogram, Stochastic, CCI, Momentum, OBV, Diosc, VWMACD and CMF indicators. You can use some or all of these...
BUY & SELL PRICE TO VOLUME PRESSURE
By Ricardo M Arjona @XeL_Arjona
The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
The embedded code and ideas within this...
I hope you're all hanging on at home with what's going on these days...
The good news is.... it gives us more time to trade ^^.... #positive #attitude
I - Concept
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...
This is an revised Open Public version of Vdub Bollinger Band %B reversal indicator. This version includes optional Divergence Finder with selectable channel width, optional Market Session time highlighting and optional Binary Option expiry markers.
Oscillators are widely used in technical analysis and can return a large amount of information to the trader depending on their design. It is common to use oscillators to detect divergences with the price, divergences occur when the tops/bottoms made by the oscillator and price are negatively correlated.
The following oscillator is based on the momentum of a...
Beta divergence indicator, you can exchange the Price Percentage Oscillator (PPO) for any oscillator. You can play around with the look-back period if you want to use long term divergences.
Because its impossible to make the look-back period of the lowest/highest functions dynamic, the indicator can plot divergences sometimes at places where there are...
Created by Request: This is a trend trading strategy that uses Price Divergence detection signals that are confirmed by the "Murrey's Math Oscillator" (Donchanin Channel based).
Strategy Code Based on:
Price Divergence Detector V2 by RicardoSantos
UCS_Murrey's Math Oscillator by Ucsgears
Strategy Risk Management Based on:
Strategy Code Example by...