OPEN-SOURCE SCRIPT
Stochastic Divergence BTC
Stochastic Oscillator with Enhanced Divergence Detection
This indicator enhances the classic Stochastic Oscillator by incorporating divergence detection, helping traders identify potential reversals more effectively.
Features:
Customizable Stochastic Settings:
%K Length, %D Length, and smoothing parameters can be adjusted for precision.
Divergence Detection:
Identifies both Bullish Divergences (potential reversal to the upside) and Bearish Divergences (potential reversal to the downside).
Divergences are marked with labels for easy visualization.
Signal Filtering:
Filters out weaker signals to reduce noise, focusing on significant divergences.
Conditions ensure divergence is detected only in overbought/oversold regions or above a threshold.
Alerts:
Custom alerts for overbought, oversold, bullish divergence, and bearish divergence signals.
How to Use:
Look for Bullish Divergence signals in oversold regions to anticipate upward reversals.
Look for Bearish Divergence signals in overbought regions to anticipate downward reversals.
Combine with price action or other indicators for better confirmation.
Ideal For:
Intraday and swing traders who want to spot market reversals early.
Anyone looking to enhance their trading strategies with divergence analysis.
This indicator enhances the classic Stochastic Oscillator by incorporating divergence detection, helping traders identify potential reversals more effectively.
Features:
Customizable Stochastic Settings:
%K Length, %D Length, and smoothing parameters can be adjusted for precision.
Divergence Detection:
Identifies both Bullish Divergences (potential reversal to the upside) and Bearish Divergences (potential reversal to the downside).
Divergences are marked with labels for easy visualization.
Signal Filtering:
Filters out weaker signals to reduce noise, focusing on significant divergences.
Conditions ensure divergence is detected only in overbought/oversold regions or above a threshold.
Alerts:
Custom alerts for overbought, oversold, bullish divergence, and bearish divergence signals.
How to Use:
Look for Bullish Divergence signals in oversold regions to anticipate upward reversals.
Look for Bearish Divergence signals in overbought regions to anticipate downward reversals.
Combine with price action or other indicators for better confirmation.
Ideal For:
Intraday and swing traders who want to spot market reversals early.
Anyone looking to enhance their trading strategies with divergence analysis.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.
Möchten Sie dieses Skript auf einem Chart verwenden?
Haftungsausschluss
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