I made a custom indicator.
Divergences with stochastique and price are really strong signals.
About the indicator
A bullish divergence happens when the stoch K makes a higher low and is depicted by a green triangle up.
A bearish divergence happens when the stoch K makes a lower high and is depicted by a red triangle down.
This script is the base for my...
This is an accumulation of small buy orders and a complete sell order strategy, that can be used for manual trading or for a trading bot. The strategy is based on stockastic divergences ( an indicator that I made myself and is published on my profile earlier ), and I added my personnal touch of course. Note that the bullish and bearish stochastic divergences are...
My indicator detects divergence above 80 and below 20 .
Easy to use.
So that there is no confusion is the indicator at the bottom, oblique red or green lines are to demonstrate more visual the indicator does not make oblique lines, is the indicator on the bottom.
Green vertical line is bullish divergence and red is bearish divergence.
indicator on the...