dep0tyoxxx

Bull Bear Divergence Indicator

For Constance Brown-like analysis with divergence signals between price and indicator (i.e. stock close / RSI divergence)
Using two different lines: an indicator high line for bearish , and an indi low line for bullish divergences
For your individual studies, choose your indicator and replace rsi in line 10 with it, any thing else is auto. Script bottom: optional comparison linse addable
Note1: The script only shows divergences to recent pivots , not between actual pivot and one "a few pivots ago"
Note2: Though reversal predictions with the example of SPLK here are quite good, in general better results are obtained with un-normalized indicators.
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?

Kommentare

Excellent work my friend. Rendering divergences like this (as a line across time) is far more useful and applicable.

I'm looking forward to seeing more of your work. Keep it up!
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dep0tyoxxx chrysopoetics
@chrysopoetics, thx for the flowers! (Your Pic from a Hitchcock movie?)
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chrysopoetics dep0tyoxxx
@dep0tyoxxx, not too sure to be honest. I do know that it's a print by a woman called Eugenia Loli and that the title of the piece is called "Gold Digger".

And you're welcome!
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dep0tyoxxx chrysopoetics
@chrysopoetics, i t is the kiss at the mission in vertigo by hitchcock: https://www.youtube.com/watch?v=aXbH2XnZusY
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chrysopoetics dep0tyoxxx
@dep0tyoxxx, You're a legend my friend. I'll most definitely be watching that this evening.
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dep0tyoxxx chrysopoetics
@chrysopoetics, thx a V2.0 with added positive and negative reversals is in the pipeline!
Have you seen my Confluence zones already?
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Excellent my Friend
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