OPEN-SOURCE SCRIPT
Updated [JL] Stochastic Divergence Alert
Compare two cross area:
k is increasing, low is lower and previous k is less than bottom level then it is bottom divergence
k is decrease, high is higher and previous k is more than top level then it is top divergence
With long term moving average(400), seems that Stochastic Divergence is more accurate than RSI Divergence on 1m chart.
k is increasing, low is lower and previous k is less than bottom level then it is bottom divergence
k is decrease, high is higher and previous k is more than top level then it is top divergence
With long term moving average(400), seems that Stochastic Divergence is more accurate than RSI Divergence on 1m chart.
Release Notes
Combine with my other script Stoch Candle looks betterOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
遁一子交易入道 jesselau.com/
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
遁一子交易入道 jesselau.com/
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.