OPEN-SOURCE SCRIPT
Divergence of DecisionPoint Breadth Swenlin Trading [LazyBear]
// This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org/MPL/2.0/
// © 03.freeman
//This is indicator from LazyBear is very accurate for stocks and indexes.
//I added some code snippets for spot and draw divergences automatically
//
// Author LazyBear
//![DecisionPoint Breadth Swenlin Trading Oscillator [LazyBear]](https://s3.tradingview.com/t/tSiv4FOr_mid.png)
//
Best use with daily time frame.
Enter when a divergence is found (Bull or Bear label) and wait at least a couple of candles before exit.
Next improvement: alerts ready made for webhooks and screener for multiple tickers.
Please use comment section for any feedback.
// © 03.freeman
//This is indicator from LazyBear is very accurate for stocks and indexes.
//I added some code snippets for spot and draw divergences automatically
//
// Author LazyBear
//
//
Best use with daily time frame.
Enter when a divergence is found (Bull or Bear label) and wait at least a couple of candles before exit.
Next improvement: alerts ready made for webhooks and screener for multiple tickers.
Please use comment section for any feedback.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.