Compare two cross area: k is increasing, low is lower and previous k is less than bottom level then it is bottom divergence k is decrease, high is higher and previous k is more than top level then it is top divergence
With long term moving average(400), seems that Stochastic Divergence is more accurate than RSI Divergence on 1m chart.
Note di rilascio
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Combine with my other script Stoch Candle looks better
Hi Jesse, Thank you for your good indicator, I test it actually and compared to other same type it seems pretty good to me. I read your explanation, but it is not understandable to me: ------------------------------ "Compare two cross area: k is increasing, low is lower and previous k is less than bottom level then it is bottom divergence k is decrease, high is higher and previous k is more than top level then it is top divergence" ------------------------------ It does not help me to understand anything. What are top orange lines and bottom green lines? Are Top orange lines Hidden Bearish Divergences and Bottom green lines Hidden Bullish Divergences?
Master-Y0da
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If you config with values K 5 , smooth 2 and D 3 ...gives a lot of bullish divergences plots that are wrong...it shows divergences where there are none
Master-Y0da
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Great indicator !! if you could add some buy & sell label at every divergence would be absolutely awesome!!
Thank you for your good indicator, I test it actually and compared to other same type it seems pretty good to me.
I read your explanation, but it is not understandable to me:
------------------------------
"Compare two cross area:
k is increasing, low is lower and previous k is less than bottom level then it is bottom divergence
k is decrease, high is higher and previous k is more than top level then it is top divergence"
------------------------------
It does not help me to understand anything.
What are top orange lines and bottom green lines?
Are Top orange lines Hidden Bearish Divergences and Bottom green lines Hidden Bullish Divergences?