Open Close Cross Alert R6 by JustUncleL — Indicator by JustUncleL

oscillator divergence open close crosses alerts

This revision of this indicator is an Open Public release. The indicator alert based on JayRogers "Open Close Cross Strategy R2" and is used in conjunction with the revised "Open Close Cross Strategy R5".

Description:
This indicator alert created for TradingView alarm sub-system (via the alertcondition() function, which currently does not work in a "Strategy" script). Also this indicator plots the Difference Factor between the Close and Open Moving Averages, this gives a good indication of strength of move. Also included in this release is optional Divergence finder with variable width channel.

Release Notes:

R6.2 By JustUncleL:

Minor updates for Pinescript Version 3 Compliance.
Modified Divergence to display only when in correct High/Low zone.

Release Notes:

...Bug Fix
Correction on SuperSmooth MA calculation.

JustUncleL

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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