Update code to pinescript version3. Added filtering options, divergences that are within parameters will be marked with a F label, price change is a absolute value.
Release Notes
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fixed some erroneous calculations on how the divergences were detected and filtered.
Great work Ricardo! I am using the RSI divergence using your tool on a 5-min chart, and have noticed that the signal appears after the 3rd candle. Is it possible to get the divergence signal at the time when the divergence takes place? Thanks again!
WonderTones
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Hi! Could you please describe what your script do and how it helps to trade?
MDicko123
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Looks great. Is there any way to add alerts at all? Would appreciate your help, thanks
sriharshapadmanabha
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Sir is there any way to get this indicator for MT4...
ANSARI-FX
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I saw this indicator showing divergence after 1 candle.
The interesting thing for me is that whenever it show divergence if we take long or short position on divergence canlde close and assume its low or top stop loss with reward 1:1.
it give always that.
but after 1 candle sometimes we can't get entry or if we take entry the stop loss will be bigger.
can you tell the calculation , if we do that manually can we get divergence on just candle close ? not to late after 1 candle.
ramkirshnavarma
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Ricardo,
I am testing Divergence detector version 2. It seems indicator is not detecting all the divergence. In the image(path), please check the arrow mark. Is there any solution to fix this. I have given oscillator length as 7 and Method 0.