BacktestRookies

ML - Super Divergence

This script has been published for customer acceptance and verification. Sorry this mean access will only be provided to the customer.

For open source scripts, please take a look at the Backtest-Rookies profile. Users who are interested in custom development services can visit the Backtest-Rookies (.com) website.

Super Divergence
A super indicator that looks at 4 different oscillators and highlights price to indicator divergences for each of them. It has the following features:
  • Select which oscillator to plot
  • Detection of divergences on all 4 indicators irrespective of which indicator is plotted.
  • Pivot/Swing Detection
  • Optional Pivot/Swing plotting
  • Options Signal plotting
  • Alerts for each divergence
Release Notes:
Updates

  • Removed Fills from M-Osc
  • Converted signals to circles
  • Combined all signals into one. Only triggers when all indicators are signaling a divergence.
  • Added logic to detect if 2,3 or 4 Osc's are signaling at the same time
  • Only display maker if at least two Osc's are showing a divergence
  • Alert conditions added for 2,3 and 4 Ocs Confluence
Release Notes:
Update:


  • Removed histogram from ML
  • Adjusted signals to offset so it appears on the line
  • Fixed plotting bug
Release Notes:
Fixed offset copy and paste error
Release Notes:
Switched from plotting shapes to plotting chars
Release Notes:
Update

  • Added new method of divergence detection (select-able)
  • Set signal plotting to default - Event signaling is no optional since it is only related to pivot based detection.
Release Notes:
Update

3rd method of divergence detection added.
Release Notes:
Updates

1. Remove the lookback divergence detection
2. Have checkboxes to display PPO and Pivots at the same time
3. Pivots will use green/red markers
4. PPO will use blue/Orange markers
5. PPO and Pivot plot stacking when they appear on the same bar.
6. Add a second set of pivots for longer term pivot detection
Release Notes:
Update

Added Options to use Heikinashi data for all Oscillators and divergence detection.
Release Notes:
Update

1. Huge code refactor - Code base cut in half
2. Plotting merging to save plots
3. Hidden divergences added
Release Notes:
Update

Bug fixes

- Missing Divergences
- Incorrect Coloring

New Feature

- Fixed stacking distance with input.
Release Notes:
Bug Fix

- More plot coloring fixes
Release Notes:
Updates

1. LT divergence updates
2. Revert to plotting bullish and bearish divs separately.
Release Notes:
Update to add new alerts
Release Notes:
New icons and alerts

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact BacktestRookies for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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?

Warning: please read before requesting access.