RSI (Relative Strength Index) is a commonly used technical indicator in trading that helps identify overbought and oversold conditions in the market. It measures the strength and speed of price movements and provides traders with valuable insights into potential trend reversals. When analyzing RSI, three types of divergences can be observed: regular, hidden, and...
A study on regular divergence and how profitable it can be. Again I use the RSI and Stochastic RSI (Other oscillators are also good as long as you can identify HIDDEN or REGULAR divergences).
Here on the 1hr it was a tell tale signal that the markets would pull back. This is a simple but powerful tool that you should practice to become proficient
at it. Once...
Greetings Traders,
We are continuing with our (mini) series in which we break down the (seemingly endless) features of The Divergent indicator.
Today we are going to discuss the various oscillators The Divergent supports detecting divergences on.
In contrast to other divergence indicators on TradingView, The Divergent comes with oscillators built-in....
Oscillators
Oscillators are any bits of information or data moving back and forth between two points. It is usually used as a signal for a buy or a sell on either side of the range it is moving in. The Relative Strength index which you might hear of is an example of an oscillator, however I will not be going into detail about it as we do not personally do not use...
- Do you have a Discord server set up for your own trading community?
- Do you use divergences as part of your trading strategy?
- Would you like to send automated notifications to your Discord server whenever a divergence appears on any chart?
If you have answered yes to all 3 questions above, please keep on reading.
The easiest way to receive automated...
Detecting divergences in a Pine indicator / strategy is easy.
You simply have to compare the pivot lows and the pivot highs on the price and the oscillator, and if you can identify a difference between the last & previous pivots made on the price and the oscillator, you have likely found a divergence.
Using this theory, here is an example how you would detect a...
Hi every one
So in this post we want to talk about a thing that If you've been following us you would've see a lot of it !
we wanna talk about Divergences! and how to use them to our advantage!
there 4 kind of divergences in total which we will describe one by one!
1-regular Bearish Divergence (-RD)
2-regular Bullish Divergence (+RD)
3-Hidden Bearish...
Hello traders,
A unique indicator displaying many oscillators with a multi-timeframes and regular/hidden divergences options for all oscillators below
1. MACD
2. MACD ZERO LAG
3. RSI
4. DMI/ADX
5. ATR
6. STOCHASTIC RSI
7. TRUE STRENGTH INDEX
8. CANDLE MOMENTUM OSCILLATOR
9. VORTEX INDICATOR
10. COMMODITY CHANNEL INDEX
11. RATE OF CHANGE
☔ Safe crossing mode...
DIVERGENCES are used to forecast an upcoming Price Reversal or Continuation.
There are 4 different types of Divergences and the first ones are Regular Bullish and Regular Bearish Divergences.
What are they?
Regular Divergences are when the price movement is contrary to the indicator movement. Signal for an upcoming Price Reversal, trend is about to change.
Then...
