RSI (Relative Strength Index) is a commonly used technical indicator in trading that helps identify overbought and oversold conditions in the market. It measures the strength and speed of price movements and provides traders with valuable insights into potential trend reversals. When analyzing RSI, three types of divergences can be observed: regular, hidden, and...
Finding regular divergences is an easy thing especially when you're using the heiken Ashi algo oscillator but finding hidden divergences can be a little bit more complex. So in today's video I'm going to show you how to find hidden divergences and what you should do with them.
Obviously step number one is go to the community scripts on tradingview and search for...
Greetings Traders,
We are continuing with our (mini) series in which we break down the (seemingly endless) features of The Divergent indicator.
Today we are going to discuss the various oscillators The Divergent supports detecting divergences on.
In contrast to other divergence indicators on TradingView, The Divergent comes with oscillators built-in....
Oscillators
Oscillators are any bits of information or data moving back and forth between two points. It is usually used as a signal for a buy or a sell on either side of the range it is moving in. The Relative Strength index which you might hear of is an example of an oscillator, however I will not be going into detail about it as we do not personally do not use...
- Do you have a Discord server set up for your own trading community?
- Do you use divergences as part of your trading strategy?
- Would you like to send automated notifications to your Discord server whenever a divergence appears on any chart?
If you have answered yes to all 3 questions above, please keep on reading.
The easiest way to receive automated...
Detecting divergences in a Pine indicator / strategy is easy.
You simply have to compare the pivot lows and the pivot highs on the price and the oscillator, and if you can identify a difference between the last & previous pivots made on the price and the oscillator, you have likely found a divergence.
Using this theory, here is an example how you would detect a...
Hi every one
So in this post we want to talk about a thing that If you've been following us you would've see a lot of it !
we wanna talk about Divergences! and how to use them to our advantage!
there 4 kind of divergences in total which we will describe one by one!
1-regular Bearish Divergence (-RD)
2-regular Bullish Divergence (+RD)
3-Hidden Bearish...
Stock price is lower low, but indicator is higher low. The price touches the support trend line.
Tips:
This is index, not a stock. But the tips should apply as well.
2013 dec 13, price and stochastic have divergence.
Stochastic is to value price momentum.
The divergence is a regular divergence. Means the price will bouce back. Here is for price...
Hello, traders!
This is a cheat sheet for divergences defining between the price and oscillator. As the oscillator the RSI, Stochastic, MFI, CCI, MACD and other indicators can be used.
Regular Bullish Divergence
The price shows lower lows, oscillator - higher lows. This is the sign of downtrend weakness and potential reverse to the uptrend.
Regular Bearish...
In this guide I will walk you through the three main different kind of divergences and explain to you how you can spot them.
I also show you the extreme power RSI divergences have by looking at BTC/USD and mark them on the chart. It's quite special to see all these three kinds immediately after another, and it's really nice to see them all working out here as...
DXY can go either way, it does not show a clear trend as to where it is going to move next.
One view is that - It can go down considering the hidden divergence on the 1-hour timeframe.
Hello traders,
A unique indicator displaying many oscillators with a multi-timeframes and regular/hidden divergences options for all oscillators below
1. MACD
2. MACD ZERO LAG
3. RSI
4. DMI/ADX
5. ATR
6. STOCHASTIC RSI
7. TRUE STRENGTH INDEX
8. CANDLE MOMENTUM OSCILLATOR
9. VORTEX INDICATOR
10. COMMODITY CHANNEL INDEX
11. RATE OF CHANGE
☔ Safe crossing mode...
I don't post often, only to point out stuff that sticks out as obvious to me. Red line indicates hidden bearish divergence with higher highs on MACD and lower highs on price. Chart pattern is currently forming a Bear pennant with a target of 148. I've sold and set my buys accordingly.
While there seems to be some drama regarding Parity, as far as I can tell,...
We covered regular divergences in the previous lesson, now let’s discuss what hidden divergences are.
Divergences not only signal a potential trend reversal; they can also be used as a possible sign for a trend continuation (price continues to move in its current direction).
Always remember, the trend is your friend, so whenever you can get a signal that the...
DIVERGENCES are used to forecast an upcoming Price Reversal or Continuation.
There are 4 different types of Divergences and the first ones are Regular Bullish and Regular Bearish Divergences.
What are they?
Regular Divergences are when the price movement is contrary to the indicator movement. Signal for an upcoming Price Reversal, trend is about to change.
Then...
