electricalLlam3847

CRYPTO DIVERGENCE FINDER

This indicator allows you to easily compare any ticker you're looking at with the ones I've found to work best over many years of studying the crypto market. For these reasons, the code of the script is hidden because that is exactly what makes it unique.

You can choose any cryptocurrency, but I recommend using only perpetuals on 'BINANCE' exchange.

If the comparison mode is enabled, the current ticker you are viewing is divided by the ticker selected in the indicator.

For example, if you are watching "SOLUSDT.P" you should open the settings of the indicator and write "SOLUSDT.P" in the ticker field. Then you will get the SOLUSDT.P correlation index with other crypto and currency pairs that are correlated (like I already said this is something that is product of many years of studying this market and this is exactly what is unique about the code so the source of the script have to stay protected).

If you are a beginer, you can just apply simple trend-breakout strategy after you spot the divergence.
For advanced traders, you can use this together with ICT's and SMC concepts as a confirmation upon your entry.





Release Notes:
This indicator allows you to easily compare any ticker you're looking at with the ones I've found to work best over many years of studying the crypto market. For these reasons, the code of the script is hidden because that is exactly what makes it unique.

You can choose any cryptocurrency, but I recommend using only perpetuals contracts on 'BINANCE' exchange.

If the comparison mode is enabled, the current ticker you are viewing is divided by the ticker selected in the indicator.

For example, if you are watching "SOLUSDT.P", then you will get the SOLUSDT.P correlation index with other crypto, currency pairs and indexes that are correlated (like I already said this is something that is product of many years of studying this market and this is exactly what is unique about the code so the source of the script have to stay protected).

If you are a beginner, you can just apply simple trendline-break strategy after you spot the divergence.
For advanced traders, you can use this together with ICT's and SMC concepts as a confirmation upon your entry (like OB-s, FVG-s etc.).

Be aware, you have to find the divergences by yourself!!! (the indicator won't draw it for you)

v2.0 - This script is different from the previous one because it automatically shows you the chart you are watching.
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact electricalLlam3847 for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

You can send me a PM or contact me on tg @Leccryptokec

Want to use this script on a chart?

Warning: please read before requesting access.