CVD Divergence Background By HKOverview This indicator visualizes Delta Divergences (also known as Absorption) directly on your main chart. It highlights candles where the price direction contradicts the underlying net volume flow (CVD). This is a powerful method to spot "traps," limit order absorption, and potential reversals.
How it Works The script calculates the Intrabar Volume Delta based on price action relative to the candle's range. It then compares this Delta with the candle's color (Open vs. Close).
Bearish Divergence (Absorption Top):
Scenario: The candle is GREEN (Price closed higher), but the Volume Delta is NEGATIVE (Net Selling).
Visual: Red Background.
Meaning: Sellers are aggressively absorbing the buying pressure via limit orders. Price struggled to rise despite the volume.
Bullish Divergence (Absorption Bottom):
Scenario: The candle is RED (Price closed lower), but the Volume Delta is POSITIVE (Net Buying).
Visual: Green Background.
Meaning: Buyers are aggressively absorbing the selling pressure via limit orders. Price struggled to fall despite the volume.
Features
Background Highlighting: Instantly spot divergences without checking a separate oscillator window.
Seamless Integration: Works perfectly behind your price candles and other indicators (like Big Trade detectors).
Customizable: You can adjust the colors and transparency to fit your chart theme.
Use Case Use this to identify exhausted moves. If you see a green candle with a red background at a resistance level, it suggests that buyers are running into a wall of sellers, increasing the probability of a reversal.
Cerca negli script per "Divergence"
CDC DivergencesA handy little indicator to help identify different kinds of convergences/divergences
The indicator compares price movements with the momentum and volume movements, Hidden divergences are left out, at least in the first version, because I wanted this indicator to be as simple as possible.
The divergences are shown with labels, user can change the momentum/volume indicator used to identify divergences in the settings.
BEST Currency Strength Indicator DivergenceHello traders
Hope you had a great Thanksgiving
Now it's my turn to give and all I ask in return is you to be thankful (did I get the "Thanksgiving" thing right?)
The Currency Strength Indicator plots an average of the selected FX pairs in the indicator.
Someone asked me if I could develop an alternative of that script adding a divergence component.
The script evaluates the divergences between the average of the selected RSI(FOREX pairs) and the RSI(FOREX pair) displayed on the chart.
This version includes new features such as:
- the RSI length can now be selected
- we can select the 6 pairs used for the divergence calculations
All the BEST my aspiring traders and quants
See you tomorrow for another script
Dave
OBV Divergence +This study Plots Divergences for OBV along with 2 MA's
Choose between standard type of OBV and OBV Accumulation / Distribution thanks to spacetrader which seems to be a truer reading
Divergence Alerts are provided so that you dont have to stare at your screen all day
MA Divergence 2060Show the divergence between two moving averages.
If there is a cross between 20 and 60, it is a significant short-term trend change.
Look at the color of the area.
I can see the main trend at the moment.
The center of the change is the intersection of the two MA
Double Stochastic DivergenceSame as my protected script but you can now see the code
This Study plots divergences and overlays a second %K as a fractal and changes the color of %D for the non fractal
Option to use Stochastic RSI for Fractal
Background Shading according to trend
Feel Free to change the indicator values to suit your style / system
The divergence script is thanks to @RicardoSantos, I've just adjusted it to suite my indicator
Remember that divergences work best when traded with the trend or very late in a trend when going against the trend
Common value for %K is 5, I have chosen 3 as it gives faster entries when using multiple time frames
If you are not using a momentum indicator as a trailing stop and using only cycle indicator
then I would recommended %K be 4 for exits
BUBD+ - Bats Ultimate Bullish Divergence DetectorBUBD checks for price divergence from oscillators across 6 different oscillators - MACD, CCI (Vol. weighted), RSI, Stochastic RSI, Money Flow and Relative Vigor index. Use it to find good entry spots for longs and also to find downtrend reversals. If this gets popular I will release a Bearish divergence indicator as well.
Please check your stock/crypto across all time frames to get a hint of any developing "Bullish" divergences.
In case you get mixed signals -
Blue - RSI
Purple - RVI
Yellow - CCI
Green - MACD
Lime light green - MFI
Orange - Stoch RSI
Dont get confused by signals appearing on top and bottom all are bullish indicators. If you see a signal go to the respective oscillator to check the developing trend.
On-chart Wavetrend Divergence with PivotsThis is an OnChart WaveTrend Divergence Indicator with Pivots and Alerts
LazyBears WaveTrend Indicator or also known as "Market Cipher" is an Indicator that is based on Moving Averages, therefore its an "lagging indicator". Lagging indicators are best used in combination with leading indicators. In this script the "leading indicator" component are Daily, Weekly or Monthly Pivots. These Pivots can be used as dynamic Support and Resistance, Stoploss, Take Profit etc.
This indicator combination is best used in larger timeframes. For lower timeframes you might need to change settings to your liking.
What are those circles?
-These are the WaveTrend Divergences. Red for Regular-Bearish. Orange for Hidden-Bearish. Green for Regular-Bullish. Aqua for Hidden-Bullish.
Please keep in mind that this indicator is a tool and not a strategy, do not blindly trade signals, do your own research first! Use this indicator in conjunction with other indicators to get multiple confirmations.
[fikira] Divergences (RSI)This script can be used with candlesticks, accompanied with " RSI + Divergences"
The calculation is different than my "Divergences (Pivots)"
Thank you!
Effort-Result Divergence [Interakktive]The Effort-Result Divergence (ERD) measures whether volume effort is producing proportional price result. It quantifies the classic Wyckoff principle: when price moves easily, momentum is real; when price struggles despite heavy volume, absorption is occurring.
Think of ERD as "energy efficiency" for price movement — green means price is gliding, red means price is grinding.
█ WHAT IT DOES
• Measures volume EFFORT relative to average volume
• Measures price RESULT relative to ATR-normalized movement
• Computes ERD = Result minus Effort (each scaled 0-100)
• Flags statistical divergences via Z-score analysis
• Absorption events: high effort, low result (negative ERD)
• Vacuum events: low effort, high result (positive ERD)
█ WHAT IT DOES NOT DO
• NO buy/sell signals
• NO entry/exit recommendations
• NO alerts (v1 is educational only)
• NO performance claims or guarantees
This is a context tool for understanding market participation quality.
█ HOW IT WORKS
The ERD analyzes two dimensions of market activity and compares them.
EFFORT (Volume Intensity)
Compares current volume to a moving average baseline:
Effort Ratio = Volume ÷ SMA(Volume, Length)
Effort Score = clamp(100 × Effort Ratio ÷ Effort Cap)
High effort means above-average volume participation.
Low effort means below-average volume participation.
RESULT (Price Efficiency)
Measures how much price moved relative to expected volatility:
Result Ratio = |Close − Previous Close| ÷ ATR
Result Score = clamp(100 × Result Ratio ÷ Result Cap)
High result means price moved significantly for the volatility regime.
Low result means price barely moved despite market activity.
ERD SCORE
ERD = Result − Effort
• Positive ERD: Result exceeds effort → price moved easily (vacuum/thin liquidity)
• Negative ERD: Effort exceeds result → price struggled (absorption/accumulation)
• Near zero: Balanced effort-to-result relationship
STATISTICAL DIVERGENCE DETECTION
Z-score analysis identifies statistically significant extremes:
Z = (ERD − Mean) ÷ StdDev
• Absorption Event: Z ≤ −threshold (extreme negative ERD)
• Vacuum Event: Z ≥ +threshold (extreme positive ERD)
█ INTERPRETATION
GREEN BARS (Positive ERD)
Price moved with relatively little volume effort. This suggests:
• Thin liquidity / low resistance
• Strong directional interest
• Momentum is "real" — not forced
RED BARS (Negative ERD)
Heavy volume was used but price barely moved. This suggests:
• Absorption / accumulation occurring
• Large players opposing the move
• Inefficiency — someone is working hard for little result
THE KEY INSIGHT
When you see:
• Down moves = high effort (red spikes)
• Up moves = low effort (green bars)
This means: It's easier for price to go up than down.
That is asymmetric strength — classic bullish pressure.
The reverse (red on up moves, green on down moves) signals bearish pressure.
PRACTICAL RULES
Without any other indicators:
• Avoid shorting when ERD is mostly green and red spikes appear only on down candles
• Be cautious buying when ERD turns red on up candles (signals absorption of buying pressure)
• Vacuum events (extreme green) often precede continuation or pause — not violent reversal
• Absorption events (extreme red) often precede reversals or range formation
█ VOLUME DATA NOTE
This indicator uses the volume variable which represents:
• Exchange volume on stocks and futures
• Tick volume on Forex and CFD instruments
Tick volume is a proxy for activity, not actual exchange volume. The indicator remains useful on Forex as relative volume comparisons are still meaningful, but interpretation should account for this limitation.
█ INPUTS
Core Settings
• Volume Average Length: Baseline period for effort calculation (default: 20)
• ATR Length: Volatility normalization period (default: 14)
• Effort Cap: Volume ratio that maps to 100% effort (default: 3.0)
• Result Cap: ATR multiple that maps to 100% result (default: 1.0)
Divergence Detection
• Z-Score Lookback: Statistical analysis window (default: 100)
• Z-Score Threshold: Standard deviations for event flags (default: 2.0)
Visual Settings
• Show ERD Histogram: Toggle main display
• Show Zero Line: Toggle reference line
• Show Divergence Markers: Toggle event circles
• Show Effort/Result Lines: Display component breakdown
█ ORIGINALITY
While Wyckoff's effort-versus-result principle is well-established, existing implementations are typically:
• Purely visual with no quantification
• Pattern-based requiring subjective interpretation
• Not statistically normalized for comparison across instruments
ERD is original because it:
1. Normalizes both effort and result to 0-100 scales for direct comparison
2. Uses ATR for result normalization (adapts to volatility regime)
3. Applies statistical Z-score for objective divergence detection
4. Provides quantified output suitable for systematic analysis
█ DATA WINDOW EXPORTS
When enabled, the following values are exported:
• Effort (0-100)
• Result (0-100)
• ERD Score
• Z-Score
• Absorption Event (1/0)
• Vacuum Event (1/0)
█ SUITABLE MARKETS
Works on: Stocks, Futures, Forex, Crypto
Best on: Instruments with reliable volume data (stocks, futures, crypto)
Timeframes: All timeframes — interpretation adapts accordingly
█ RELATED
• Market Efficiency Ratio — measures price path efficiency
• Wyckoff Volume Spread Analysis — conceptual foundation
█ DISCLAIMER
This indicator is for educational purposes only. It does not constitute financial advice. Past performance does not guarantee future results. Always conduct your own analysis before making trading decisions.
SCOTTGO - RSI Divergence IndicatorRSI Divergence Indicator
This indicator combines the Relative Strength Index (RSI) with an automatic divergence detection system.
It is designed to help traders spot potential trend changes by:
Color-Coded RSI: The main RSI line dynamically changes color (e.g., green/red) above and below a user-defined threshold (default 50) to highlight strong or weak momentum instantly.
Divergence Signals: It automatically identifies and plots four types of RSI divergences (Regular Bullish, Hidden Bullish, Regular Bearish, and Hidden Bearish) between the price and the oscillator.
Custom Alerts: Includes alerts for all divergence types so you can be notified when a new signal is found.
This tool helps visualize momentum shifts and potential reversals in the market.
RSI Multi Length With Divergence Alert [Skiploss]This is a modified indicator base code from RSI Multi Length and we will add some of functions by finding a classic/hidden divergence and alert.
The indicator returns information over RSI using multiple periods and calculates the percentage of overbought and oversold by overbought divided by oversold.
To find the divergence and hidden divergence we use base code from platform (Divergence Indicator) but change the input from normal to the average (RSI Multi Length).
RSI Settings
Maximum Length is maximum period.
Minimum Length is minimum period.
Overbought Level is value of the overbought level .
Oversold Level is value of the oversold level.
Source is input source of the indicator.
Divergence Settings
Pivot Right is value look back to the right side.
Pivot Left is value look back to the left side.
Max Range is maximum range value.
Min Range is minimum range value.
Alert Settings
It will be part of display of Divergence and Hidden Divergence.
Style Settings
Color of overbought/oversold/Bullish/Bearish which you can change as you wish.
MACD DivergencesUpdate of MACD indicator which shows the most recent, and developing, price action divergences with the histogram.
Coppock Curve with Pivot Points and Divergence The Coppock Curve is a long-term price momentum indicator used primarily to recognize major downturns and upturns in a stock market index. It is calculated as a 10-month weighted moving average of the sum of the 14-month rate of change and the 11-month rate of change for the index. It is also known as the "Coppock Guide."
The Coppock formula was introduced in Barron's in 1962 by Edwin Coppock.
The Coppock Curve is a technical indicator that provides long-term buy and sell signals for major stock indexes and related ETFs based on shifts in momentum.
What Does the Coppock Curve Tell You?
The Coppock Curve was originally implemented as a long-term buy and sell indicator for major indices such as the S&P 500 and the Wilshire 5000. Often, it is used with long-term time series such as a candlestick chart, but where each candle contains a month's worth of price information.
The Difference Between the Coppock Curve and Rate of Relative Strength Index (RSI)?
The relative strength index looks at how the current price compares to prior prices, though it is calculated differently than the rate of change (ROC) indicator used in the Coppock Curve calculation. Therefore, these indicators will provide different trade signals and information.
What are those circles?
-These are Divergences. Red for Regular-Bearish. Orange for Hidden-Bearish. Green for Regular-Bullish. Aqua for Hidden-Bullish.
What are those triangles?
- These are Pivots . They show when the VPT oscillator might reverse, this is important to know because many times the price action follows this move.
Please keep in mind that this indicator is a tool and not a strategy, do not blindly trade signals, do your own research first! Use this indicator in conjunction with other indicators to get multiple confirmations.
Zigzag Trend/Divergence DetectorPullbacks are always hardest part of the trade and when it happen, we struggle to make decision on whether to continue the trade and wait for recovery or cut losses. Similarly, when an instrument is trending well, it is often difficult decision to make if we want to take some profit off the table. This indicator is aimed to make these decisions easier by providing a combined opinion of sentiment based on trend and possible divergence.
⬜ Process
▶ Use any indicator to find trend bias. Here we are using simple supertrend
▶ Use any oscillator. I have added few inbuilt oscillators as option. Default used is RSI.
▶ Find divergence by using zigzag to detect pivot high/low of price and observing indicator movement difference between subsequent pivots in the same direction.
▶ Combine divregence type, divergence bias and trend bias to derive overall sentiment.
Complete details of all the possible combinations are present here along with table legend
⬜Chart Legend
C - Continuation
D - Divergence
H - Hidden Divergence
I - Indeterminate
⬜ Settings
▶ Zigzag parameters : These let you chose zigzag properties. If you check "Use confirmed pivots", then unconfirmed pivot will be ignored in the table and in the chart
▶ Oscillator parameters : Lets you select different oscillators and settings. Available oscillators involve
CCI - Commodity Channel Index
CMO - Chande Momentum Oscillator
COG - Center Of Gravity
DMI - Directional Movement Index (Only ADX is used here)
MACD - Moving average convergence divergence (Can chose either histogram or MACD line)
MFI - Money Flow Index
MOM - Momentum oscillator
ROC - Rate Of Change
RSI - Relative Strength Index
TSI - Total Strength Index
WPR - William Percent R
BB - Bollinger Percent B
KC - Keltner Channel Percent K
DC - Donchian Channel Percent D
ADC - Adoptive Donchian Channel Percent D ( Adoptive-Donchian-Channel )
▶ Trend bias : Supertrend is used for trend bias. Coloring option color candles in the direction of supertrend. More option for trend bias can be added in future.
▶ Stats : Enables you to display history in tabular format.
Overview of settings present here:
⬜ Notes
Trend detection is done only with respect to previous pivot in the same direction. Hence, if chart has too many zigzags in short period, try increasing the zigzag length or chart timeframe. Similarly, if there is a steep trend, use lower timeframe charts to dig further.
Oscillators does not always make pivots at same bar as price. Due to this some the divergence calculation may not be correct. Hence visual inspection is always recommended.
⬜ Possible future enhancements
More options for trend bias
Enhance divergence calculation. Possible options include using oscillator based zigzag as primary or using close prices based zigzag instead of high/low.
Multi level zigzag option - Can be messy to include more than one zigzag. Option can be added to chose either Level1 or Level2 zigzags.
Alerts - Alerts can only be added for confirmed pivots - otherwise it will generate too many unwanted alerts. Will think about it :)
If I get time, I will try to make a video.
TRY Me - Turkish Lira Quote Currency DivergencesThis is a conceptual indicator that converts the main chart series' quote currency from U.S. dollar to Turkish Lira. Should only be used with USD pairs unless you change the 'Pair' input.
Divergences are created by the difference in price due to the incredible changes in TRY value. The candle colors turn to grey when the forex exchange is closed; this is done to show you that the quote currency value won't change.
Support and resistance levels are also possible to be drawn.
Options to configure are changing the quote pair, colors, and turning the divergences on or off.
OBV with Volume/Momentum DivergenceCredits go to vyperphi696 and LazyBear for the original OBV with Divergence script.
This indicator has the new option to check for momentum divergence, which I have done by adding RSI and MACD data.
Hence the indicator allows combined testing of volume and momentum divergence. This feature aims to improve trend reversal detection by reducing false positives.
In summary, 3 divergence categories are shown by default as lines:
Volume + RSI + MACD (dark green/red)
Volume + RSI / Volume + MACD (light green/red)
Volume (gray)
Line colors can be adjusted via plot settings. Therefore it is also possible to distinguish Volume + RSI and Volume + MACD divergence if necessary.
Lastly, I edited the indicator scaling mechanism when changing from one timeframe to another; the transitions are smoother now. This only applies when auto-scaling is off.
Cipher & DivergenceFor a long time I've been using complicated script with too much informations in it.
In this one I try to have just the bare minimum information to be able to analyse and find a potential reversal zone.
It is inspired from different wave trend / cipher script but has been tuned after months of backtest.
Extending the usage of the wave trend oscillator, which can be used with overbuy & oversell zone it might be better to wait for a confirmation of the movement. This confirmation can be identified by a pull back of the wave trend & price.
We can even confort ourself by waiting for reversal indicators.
Reversal may occurs after a divergence, wait for it, a cross of zero line followed by a PB to find your entry.
You can setup alert on bear / bull divergence but also when the wave trend cross the zero line to never miss a potential trade.
Huge thanks to LazyBear for his wave trend
And thanks vumanchu for his huge cipher script which was very useful for divergence finder
Divergence RSI-OBVDivergence detector on RSI of On Balance Volume. Using a modified script from XaviZ(RSI-VWAP) but instead of VWAP as a source in this script source is OBV, for divergence detector is a script from Libertus. In this version, results are filtered using STOCH oversold or overbought filter from matt_b script MFI Divergence v2.
An indicator for entry in choppy markets, signals for entry in trending market to follow the trend work well. A good way to spot if there is a weakness in a trend but gives too many false positives for spot reversal, so only good for scalping with tight stops if betting against the trend. Multiple divergences in combination with indicator hitting the overbought or oversold should give good places for entry.
OBV with DivergenceAll I did was combine the logic from LazyBear for his OBV Oscillator to regular RSI divergence logic (where I replaced the RSI input to use LazyBear's OBV).
I didn't use any original code! Neither OBV (written by LazyBear) nor DIvergence (author unknown) was written by me. I merely modified the sytax a little to combine them.
Very useful for spotting divergences with OBV oscillator.
MACD Divergence Tops + BottomsMACD Indicator which plots local peaks and troughs in divergence.
"Classic" Divergence is specified as:
- A higher price, with reduced MACD high --> Potential Sell Point
- A lower price, with higher MACD low --> Potential Buy Point
"Alternative" Divergence is specified as:
- A higher MACD high, with reduced price --> Potential Sell Point
- A lower MACD low, with higher price --> Potential Buy Point
MACD Divergence should be used in combination with other indicators. This indicator identifies local tops and bottoms, with potential for macro trend shifts.
RSI Divergence Tops + BottomsRSI Indicator which plots local peaks and troughs in divergence.
Divergence is specified as:
- A higher price, with reduced RSI --> Potential Sell Point
- A lower price, with higher RSI --> Potential Buy Point
RSI Divergence should be used in combination with other indicators. This indicator identifies local tops and bottoms, with potential for macro trend shifts.
Read more about trading RSI Divergence on Investopedia here: www.investopedia.com
