jdlim

Oscillator Divergence Histogram

Identify Divergences on 6 oscillators simultaneously.
From the bottom up.
0 to 1 (black): MACD
1 to 2 (green): Elders Force Index
2 to 3 (blue): RSI
3 to 4 (purple): Awesome Oscillator
4 to 5 (red): Commodity channel index
5 to 6 (orange): Stochastic

You can change the identification of the divergence in the settings and use the Oscillator Divergences indicator to visually see them when testing.

This detects the following divergences between price and the oscillator.
Regular Bullish Divergence: Price lower low | Oscillator higher low
Regular Bearish Divergence: Price higher high | Oscillator lower high
Hidden Bullish Divergence: Price higher low | Oscillator lower low
Hidden Bearish Divergence: Price lower high | Oscillator higher high

Early warning alert system. This identifies a developing divergence and can be used to set alerts.


Colors
Bearish: Maroon
Bullish: Green
Hidden Bearish: Light brown
Hidden Bullish: Light green

Developing early warning are lighter shades of the above.
Release Notes: V1.01
Minor code fix
Video on use
Release Notes: V1.02
-Fixed missing alerts
-Added possibility to alert if more than X number of oscillators have a similar divergence

Video on how to set up alerts

  • Hidden Bearish Divergence on any Selected Oscillator
  • Hidden Bearish Divergence Developing on any Selected Oscillator
  • Regular Bearish Divergence on any Selected Oscillator
  • Regular Bearish Divergence Developing on any Selected Oscillator
  • Regular Bullish Divergence on any Selected Oscillator
  • Regular Bullish Divergence Developing on any Selected Oscillator
  • Hidden Bullish Divergence on any Selected Oscillator
  • Hidden Bullish Divergence Developing on any Selected Oscillator
  • Hidden Bearish Divergence on multiple oscillators >= value in input 'Alert Options 1)'
  • Hidden Bearish Divergence Developing on multiple oscillators >= value in input 'Alert Options 1)'
  • Regular Bearish Divergence on multiple oscillators >= value in input 'Alert Options 1)'
  • Regular Bearish Divergence Developing on multiple oscillators >= value in input 'Alert Options 1)'
  • Regular Bullish Divergence on multiple oscillators >= value in input 'Alert Options 1)'
  • Regular Bullish Divergence Developing on multiple oscillators >= value in input 'Alert Options 1)'
  • Hidden Bullish Divergence on multiple oscillators >= value in input 'Alert Options 1)'
  • Hidden Bullish Divergence Developing on multiple oscillators >= value in input 'Alert Options 1)'


Link to sister indicator

Setup video
Early warning alerts
Release Notes: V1.03
-Added new label color for dark theme.
Release Notes: Links to my other indicators
TD sequential indicator


TD sequential indicator screener


Oscillator Divergences


Swing Points and Swing Failure Patterns


Swing Points and Swing Failure Patterns Screener


TD alternatives


RSI with a horizontal line


Plot MAs



Average directional index with directional movement indicator


Market Hours


Referral Links
Bitmex 10% fee discount for 6 months
https://www.bitmex.com/register/Ilzb0e
TradingView (50% off after trial period ends)
https://tradingview.go2cloud.org/SH2Hg

Tip Jar
BTC: 1FgEeDDMF7QKydQPJVCDjp7ypjREp8XG6c
LTC: LM9KsXz7GUxCN9g9EjTC8ayviDEmBK14rw
Release Notes: V1.05
Major code clean
Release Notes: V1.06
I add an option (X) to require candle close for plots and alerts (this is mainly useful for the alerts)
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Looks good, keen to give it a run, thanks.
Reply
Amazing, can i have access please?
Thanks
Reply
Hello I’d like to try this out thank you
Reply
Hi,

could i kindly ask you for acces to this very promising indicator?
Would be much apreciated.

Thanks in advance

Robert
+1 Reply
Hello I’d like to try this out thank you
Reply
Hiya Jdlim, any chance i can get access to try it out? Thanks
Reply
Hi, Can i use it, please get an access.thanks..
+1 Reply
Hi, Jim
May I get the access to your indicators?
Many thanks for your work.
I owe you some of litecoin.
+1 Reply
Would you please grant me access?
+2 Reply
Hello mate, please give access . Thanks.
+1 Reply