One-stop shop for all your divergence needs, including:
(1) A single metric for divergence strength across multiple indicators.
(2) Labels that make it easy to spot where the truly strong divergence is by showing the overall divergence strength value along with the number of divergent indicators. Hovering over the label shows a breakdown of each...
Reuploading as there was an issue with the description.
This indicator uses the popular Stochastic indicator as its base. I have included the ability to draw divergences on the indicator as they occur live. By default it will be off, select the settings for the indicator and about halfway down there will be a dropdown menu that says "Off". Select it and then...
Plain simple way of calculating divergences
We all have times when we want to see just the divergences and nothning else
This script is minimalised to visualize that
// stochastic // divergence // stoch //
The Adaptive Stochastic Indicator V1 was created by John Ehlers (Rocket Science For Traders pgs 233-234) and this indicator uses the same calculations to find a cycle period that is then used for both the creation of the stochastic indicator but also for the smoothing to create a double smoothed stochastic indicator. Because it is calculated this way, this...
>> How to use this indicator :
1. Set your teadingview theme to dark theme.
2. My indicator is valid for forex, stock and but more valid for crypto.
3. Use three timeframe for more validation (choose between those, that fit to your trading style) :
- Timeframe 1m, 5m, and 15m for Scalping
- Timeframe 30m, 1h and 4h for Intraday
- Timeframe 4h, 1D and 1W for...
Tradingview Built-in Divergence Indicator with RSI is extended for Price Divergence with
- Money Flow
- Demand Index
- Chaikin Money Flow
Thanks to tradingview for providing this unique indicator.
Since my " MACD & RSI+Stoch + Divergences" is a heavy script
I've split the script in 3 separate ones:
- Stoch RSI
Default settings are without lines (faster)
If you want to see the lines, enable the "Just show Arrows (No Lines)" button
When the message "Calculation timed out.Remove the indicator and reapply it to the chart" is...
Same 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...
📊 Apirine Stochastic MACD w/ MA Selection by Cryptorhythms
Had to re-release due to moderation.
This happens to be my first open source indicator, hope you all enjoy it!
This indicated is ported from November 2019 issue of TASC. “The Stochastic MACD Oscillator” in this issue, author Vitali Apirine introduces a new indicator created by...
The KDJ oscillator display consists of 3 lines (K, D and J - hence the name of the display) and 2 levels. K and D are the same lines you see when using the stochastic oscillator. The J line in turn represents the deviation of the D value from the K value. The convergence of these lines indicates new trading opportunities. Just like the...
(not sure why the text in the image above is messed up; it looked good before publishing. The oscillators above are (from top to bottom) StochOBV, OBVOSC (LazyBear), OBV)
Applies the Stochastic Oscillator to OBV the same way StochRSI applies the Stochastic Oscillator to RSI.
- Bounded between 0 and 100, so it may be used for overbought/oversold...
4 Stochastic indicator into 1.
Different lengths produce short-term and long-term indicators that can help with finding the trend and impulses within the trend.
It can also find reversal points when all 4 are at the extreme at the same time. Ex. All 4 Stoch are above 90 or under 10 !! This could signal a bottom or top is soon to happen. (This is not always true...
Custom Stochastic Oscillator with range plot. Can be used to better identify overbought/oversold conditions within a single bar. In addition to the default Stochastic:
%K line smoothing algorithm selection;
%D line smoothing algorithm selection;
%K line high/low plotting;
%K line high/low calculation factor (in bars, default 1).
The Litigator is an indicator that encapsulates the value delivered by the Relative Strength Index, Ultimate Oscillator, Stochastic and Money Flow Index algorithms to produce signals enabling users to enter positions in ideal market conditions. The Litigator integrates the value delivered by the above four algorithms into one script.
More colorful than the built-in Stochastic.
My suggestion is to use it for checking divergences between K line with the price only, so I hide the signal D line as default, as the crossover between K line and D line, and the overbought and oversold area are not so reliable.
Just a basic indicator I rigged up to help reduce screen real estate that ended up providing more insight than expected; overlays both the stochastic and stochastic RSI. While I initially made this to save space, I've begun to pick up on some interesting patterns in cryptocurrencies based on the divergence of stochastic from the stochastic RSI, and the comparison...