INVITE-ONLY SCRIPT

DBT MoMo Divergence Finder

This Indicator is an experimental Divergence Finder using the DBT MoMo formula. See DBT MoMo v.4 for details on the main script.

https://www.tradingview.com/script/t57XmNGo-DBT-MoMo-v-4/

It uses a slower version of the DBT MoMo Price Line to smooth out the trend and color codes the Price Line based on its trend.

Bullish Divergence is denoted by Blue Labels below the Price Line.
Bearish Divergence is denoted by Orange Labels above the Price Line.

Alerts can be setup in Tradingview for both Bullish and Bearish Divergence Signals.

This indicator is brand new and experimental, make sure to double check the Divergence Alerts before blindly trading them. There can be a mathematical divergence without there being a visual divergence, this will trigger a false alert.

Everyone with access to the DBT MoMo will have access to this indicator as well.

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact OasisTrading directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Warning: please read our guide for invite-only scripts before requesting access.

OasisTrading

Website

oasistrading.io

Meet the Team.

twitter.com/DejaBrewTrades
tradingview.com/u/gyromatical/

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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.