b00ts

INDICATOR-BIG_MAMA-V6-OVERLAY-PUBLIC

---------------------------------------
-- INDICATOR-BIG_MAMA-V6-OVERLAY-PUBLIC
---------------------------------------

This one combines divergences + Ichimoku X + macd X + pumps/dumps + ATH/ATL + MA X

-- GENERAL --
- Red label is a negative/sell signal
- Green label is a positive/buy signal


-- DIVERGENCES --
- Divergences include RSI + Stochastics + MACD Oscillator + Stochastic-RSI Oscillator + Awesome Oscillator
- Any number in a label denotes more than one divergent signal on one candle

H? = Hidden divergences
R? = Regular/normal divergences

H:SR = Hidden:Stochastic-RSI Oscillator", series=v_bull_hidden_div_counter == 1 and v_stoch_rsi_div_bull_hidden? -1 : na , color=green, style=shape.labelup,
H:M=Hidden:MACD Oscillator
H:R=Hidden:RSI
H:S=Hidden:Stochastics
H2=Hidden x2
H3=Hidden x3
H4=Hidden x4
H5=Hidden x5

R:SR=Regular Stochastic-RSI
R:M=Regular:MACD Oscillator
R:A=Regular:Awesome Oscillator
R:R=Regular:RSI
R:S=Regular:Stochastics
R2=Regular x2
R3=Regular x3
R4=Regular x4
R5=Regular x5


-- ALL TIME PRICES --
ATL=All Time Low (if price lower than ATL from last 2 months)
ATH=All Time High (if price higher than ATH from last 2 months)

-- VOLUME --
DUMP
PUMP

-- MA CROSS OVER/UNDER --
DX=DEATH CROSS
GX=GOLDEN CROSS

-- ICHIMOKU --
X:I=ICHX CROSS

-- HINT --
Works well on Daily and 4 Hour Charts. Lower timeframes show more false signals.

-- WARNING --
Can only work out divergences from most recent high or low so don't expect it to be omnipotent.

-- NOTE --
Improves on previous version called "INDICATOR-BIG_MAMA-DIVERGENCE-OVERLAY-PUBLIC"

Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?