After the release of BUBD+ here comes BRED- for calling the tops.
6 indicators are tested for the presence of any bearish Divergences and are plotted on chart as soon as they are.
Note - Price can move up after bearish divergence as well so its not foolproof. However multiple bearish divergences signify that bulls are losing power and price might reverse...
This is an update to my script:
Stefan-Krecher-Jeddingen-Divergence/
The behaviour is exactly the same, I just added the option to create alerts based on this indicator
