BB %B Divergence Pointer — Indicator by tesla80

bollingerbands bb divergence divergences divergencetrading divergenceconvergence

This script points regular and optionally hidden types of bullish and bearish Bollinger Band %B divergences on the chart by drawing the divergence lines and optionally labels.

Hidden divergence is disabled by default, it can be enabled over settings window.

Regular divergence is enabled by default, it can be disabled over settings window.

There is an options to display the price channel , bollinger band , Oversold and overbought levels additionally.

Supports alerts for all types of divergences.

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.

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.

Want to use this script on a chart?