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JustUncleL

[STRATEGY][UL]Price Divergence Strategy v1.0

JustUncleL Wizard Updated   
Oscillators Donchian Channels (DC) strategy Divergence trendtrading
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oscillator donchianchannels strategy divergence trendtrading
Created by Request: This is a trend trading strategy that uses Price Divergence detection signals that are confirmed by the "Murrey's Math Oscillator" (Donchanin Channel based).

Strategy Code Based on:
  • Price Divergence Detector V2 by RicardoSantos
  • UCS_Murrey's Math Oscillator by Ucsgears
Strategy Risk Management Based on:
  • Strategy Code Example by JayRogers
Information on Divergence Trading:


*** USE AT YOUR OWN RISK ***
Release Notes:
Converted to Pinescript v4
JustUncleL
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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