TDI Divergence — Indicator by majky

oscillator volatility movingaverage tdi divergence

Script looks for divergencies on TDI. Divergencies are created by fast MA. First divergence leg has to be outside of volatility bands. After that, fast MA has to cross middle of volatility bands and then create second leg. When second leg is created, there have to be two candles with the same color in the direction of divergence.

Alerts are supported.

Release Notes:

There have been added background colors on 1 and 2 candle in the direction of divergence when the divergence is found.

Protected script

This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

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