First proposed by Giorgos E. Siligardos, "Leader" leads normal , especially when significant trend changes are about to take place. This has the following features:
- It is similar to in smoothness.
- It can be plotted along with in the same window using the same scaling.
- It has the ability to lead at critical situations
For detailed discussion on the various divergence patterns, refer to the PDF here: https://drive.google.com/file/d/1Nr7kfZJ...
This script provide an option to plot and leader signal on the same pane. You can enable/disable them how you want via options page. It also has the option to change to different MA types.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.