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SemiQuant
Sep 20, 2018 5:39 PM

Oscillator Divergence Histogram 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

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




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

Release Notes

V1.02
-Fixed missing alerts
-Added possibility to alert if more than X number of oscillators have a similar divergence



  • 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


Release Notes

V1.03
-Added new label color for dark theme.

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)
Comments
Algo_Killer
Would you please grant me access?
odin8888
Awesome! May I try it? thank you much!
RobSep
Hi,

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

Thanks in advance

Robert
rajanverma
Hi, Can i use it, please get an access.thanks..
ndovgaluk
Hi, Jim
May I get the access to your indicators?
Many thanks for your work.
I owe you some of litecoin.
Arpi2018
Hello mate, please give access . Thanks.
BullPOC
Hello, could you please grant me access? Thank you!
schlomo232
Could you please grant me access. Thank you!
Rfklm45
Hi, can you please grant me access ? Thank you
wimwaman
Hi, can you please give me access to this script? Would love to try it out!
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