Hiddendivergence
One divergence indicator to rule them allGreetings Traders,
We are continuing with our (mini) series in which we break down the (seemingly endless) features of The Divergent indicator.
Today we are going to discuss the various oscillators The Divergent supports detecting divergences on.
In contrast to other divergence indicators on TradingView, The Divergent comes with oscillators built-in. This means you won't have to add it on top of other indicators on your chart; it is completely standalone. Why is that a good thing? It is because The Divergent respects your indicator quota - it will only use up a single slot on your chart.
The Divergent ships with the following oscillators:
MACD (Moving Average Convergence Divergence)
RSI (Relative Strength Index)
CMF (Chaikin Money Flow)
Stochastic RSI
MFI (Money Flow Index)
TCI (Trading Channel Index, aka. WaveTrend)
Balance of Power
CCI (Commodity Channel Index)
Awesome Oscillator
Each oscillator is fully customisable, allowing you to tweak them the way you desire. To choose another oscillator, simply open The Divergent 's settings panel, and select a different one from the list.
A further benefit of having the oscillators built into the indicator, is that it opens up the possibility to apply various filters to the detected divergences. For example, if you have the RSI selected, you can configure The Divergent to only signal those RSI divergences, that manifest under the oversold or above the overbought areas. These filters will be introduced in detail in future articles.
To learn more about The Divergent , please see the related ideas linked at the bottom.
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If you have any questions, please feel free to ask in the comments section below.
Thank you for your attention!
Wed 2nd Mar 2022 AUD/NZD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/NZD Buy. You will notice that there are also two previous trades on, so this may get interesting. Enjoy the day all. Cheers. Jim
🌳BTC has a Great Bullish Chance !🔵🟡Chart is speaking it self!
Bitcoin / U.S. Dollar
-BTC Is in a Broadening wedge.
-The Price can range in this pattern as long as there is no Break out.
-Right now The Price is at The Bottom of the Pattern
-(+HD) on Both MACD & RSI
-The Odds of A Great Bullish Movement Is High!
- The chart is in Weekly Time Frame
-Mid Term Target 72K!
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Thank you for seeing idea .
Have a nice day and Good luck
NAS100 again bearish?
Hey,
• We tried to see Fibonacci help and BX + help nas100 pair as sell!
• We expect Fibonacci market movement to start descending from 23.60 level.
• We expecting LL (Also you can tell HL level! ) 161.80% scale value.
• Here you see two white horizontal line drawings. This horizontal line means the price can bounce back from here (small, mid or large!) possiblity!
• And RSI same place hidden divergence create possible (our opinion).
⚠️ Waring! Don't forget war situation & we don't here trying news, war...etc base market analysis create. This analysis based on Technical matters! ⚠️
👩💻 If you impress our idea,, so like & share your opinion in below comment box 🙌
BNB's Bullish PredictionHi every one
BINANCE COIN / TETHERUS
BNB has some serious bullish signs! As you can see the price is in a symmetrical Triangle. This means that BNB can go bullish or bearish depending on the break out which is gonna happen soon! But since there are multiple Bullish Signs! We bet on the Bullish one! As you can see there is a Expected bullish Cross about to happen.(MACD line is gonna cross the Signal line upwardly).another sign is a Hidden Bullish Divergence (+HD) which is pretty visible on MACD. so due to these signs we expect the price to do a bullish break out & Increase as much as the measured price movement (AB=CD)
Summary:
-BNB is in a symmetrical Triangle
-Bullish signs are Clearly visible
-(+HD) on MACD
-Bullish cross about to happen on MACD
-Can Increase as much as the measured price movement (AB=CD)
-no break out yet.
🔴This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Bitcoin BTC at volume support and breakout level from Feb 7thBitcoin at volume support and breakout level from February 7th...
Will bulls be able to defend this price level?
Still hidden bullish divergence combined with bullish divergence (dotted lines) may play out for BTC.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
ATOM can reach 85$ in mid Term🟡Chart is speaking it self!
COSMOS/TETHERUS
🌳What Is Cosmos (ATOM)?
In a nutshell, Cosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain industry. It aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains.
The project’s other goals include making blockchain technology less complex and difficult for developers thanks to a modular framework that demystifies decentralized apps. Last but not least, an Interblockchain Communication protocol makes it easier for blockchain networks to communicate with each other — preventing fragmentation in the industry.
Cosmos’ origins can be dated back to 2014, when Tendermint, a core contributor to the network, was founded. In 2016, a white paper for Cosmos was published — and a token sale was held the following year. ATOM tokens are earned through a hybrid proof-of-stake algorithm, and they help to keep the Cosmos Hub, the project’s flagship blockchain, secure. This cryptocurrency also has a role in the network’s governance.
Cardano is still in a downslide Not a whole lot of support at these levels. Possible that we could reach .64 cents for Cardano. Unlikely .30 cents but this market is very fragile right now. I personally see possible support around .70 cents. Anything can happen. I drew possible support and resistance lines as a guide only.
Bullish Divergence for BTCIt looks like BTCUSD is showing some signs of reversal from the current downward trend.
On the daily chart (left side), you can see that the price of bitcoin has migrated into a small downward channel that began at the beginning of December potentially forming a bull flag. This can further be seen as a bullish sign of reversal based on reversal bullish divergence showing on MACD (dotted yellow lines) as well as the fact that the price is approaching the 78.6% Fibonacci retracement line from the dip back in May (I generally consider the 78.6% Fibonacci level to be a "reversal level").
Furthermore, on the weekly chart (right side), the uptrend looks to still be in play, showing bullish continuation divergence on RSI (dotted yellow lines) as well as a potential ascending triangle forming if a bounce occurs here (dashed blue lines).
However, I must note that I am somewhat optimistic in this chart based on the fact that I started to draw out this channel and the trend about a month and a half ago after the recovery from the dip in early December and was a result of my noting how reminiscent this dip is of the previous dips we have seen in the upward trends from the past year. That being said, I have drawn two pitch forks on the daily chart showing that the price looks to be slightly outside of the upward trend right now and potentially could head into a downward trend. If that does occur, I caution everyone that the price could head into the downward channel back to near 27K and potentially to 16-22K afterward.
Either way, it looks to be like a key moment is approaching, with a short term potential to continue to dip near 36-37K, but a potential for some price positivity on the horizon soon.
That being said, as always, this is solely my opinion and not in any way meant as financial advice, but please like and comment if you agree or have any thoughts!
How to spot and use MACD DivergencesOscillators
Oscillators are any bits of information or data moving back and forth between two points. It is usually used as a signal for a buy or a sell on either side of the range it is moving in. The Relative Strength index which you might hear of is an example of an oscillator, however I will not be going into detail about it as we do not personally do not use it for my trading. When there is a change in momentum, this often signals weakness in a trend. The indicators are designed to signal a possible trend reversal.
The only oscillator we use in our trading is the MACD. Moving Average Convergence Divergence. Feel free to look into other indicators, however, we believe that the MACD has been our favourite to use.
DIVERGENCE
Divergence is simply when we will be looking at the difference in price action against an indicator such as MACD, RSI, Stochastic.
The simplest way to put it, when the price is making higher highs the indicator should also be making higher highs, and lower lows then vice versa. If the price is making higher highs but the indicator is not, then the two are diverting from each other and we have divergence. This is a great sign for a weakening trend and a potential shift in momentum.
The two types include regular and hidden.
Regular divergence
When the price is making lower lows (LL), and the oscillator is making higher lows (HL), then we have what we call regular bullish divergence which usually appears at the end of a downtrend.
If the price makes a higher high (HH) but the oscillator makes a lower high (LH), then we have regular bearish divergence. This usually occurs at the end of an uptrend.
Hidden Divergence
Divergence does not necessarily have to show when the trend will reverse, it can show trend continuation, and since we try to avoid trading against the trend this can be of great help.
When the price makes a higher high, but the oscillator makes a lower low, we have what we call hidden bullish divergence.
When the price goes to make a lower high but the oscillator makes a higher high, this is what we call hidden bearish divergence.
Always remember that in conjunction with these signals, we need other signs in order for us to enter the trade. We cannot solely base our analysis on oscillator divergence, otherwise we can find ourselves on the wrong side of the trade.
Wait for the crossovers of the indicators to be sure, this can happen after the price has begun to move, however it can be an assurance that the divergence observed is correct.
Always remember if the market is moving sideways, there are no clear indications of divergence so do not force it. Always connect the latest in the price action, meaning if the price is bullish and is retracing, you are looking at higher highs. Focus on the highs and lows of the indicators and ignore any small minor movements in between. Wherever lines are drawn on the price, they have to line up with the oscillator and that is where the line will also have to be drawn, everything has to line up.
Hidden Bullish Divergence? [SHORTTERM]Bitcoin is maybe forming a Hidden Bullish Divergence on the 4 Hourly Chart. For the Divergence to "confirm" the Price needs to stabilize on the Levels it is by now.
A further breakdown could also lead to an Exaggerated Divergence. For this to happen, the Price of Bitcoin would need to dip to 48'025$ but not below and the RSI should still move downwards. A break below 48'025$ would invalidate the Divergences.
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This Analysis is not intended to be investment advice. Always DYOR.
Near is Stuck in a Bearish Trend! Might reach 5$!!Hello every one
NEAR is In a Bearish trend Right now, you might not Be able to see It in The First look, But if you Take a Closer Look, You can See NEAR was Not able to Break 12$ Resistance Multiple Times (3 Rejections!) if we Draw The Resistance Line and The Dynamic Support on The chart we can come To a Understanding That The Price is in a Broadening Wedge Pattern! This Means The Price can Range For a Lot of Time Before The Break out happens! So now The Price is near The Top of The Said Pattern. There is a (-HD) On MACD which Can be Considered as a Confirmation for The Expected Bearish Movement Up to the Bottom of The Broadening Wedge Pattern. The Expected Price for NEAR for now Is 5$.
Summery:
-NEAR Couldn't Break the 12$ Resistance Multiple Times!
-It is In a Broadening Wedge Pattern.
-(-HD) on MACD
-It can Reach 5$!
🔴This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
How to send Divergence signals to your Discord server- Do you have a Discord server set up for your own trading community?
- Do you use divergences as part of your trading strategy?
- Would you like to send automated notifications to your Discord server whenever a divergence appears on any chart?
If you have answered yes to all 3 questions above, please keep on reading.
The easiest way to receive automated Divergence alerts to your Discord server, is to combine the alert messages from "The Divergent" divergence indicator on TradingView with a Webhook endpoint on your Discord server.
Step 1: Open Discord, and go to Server Settings
Step 2: Go to Integrations and create a new Webhook
Step 3 (optional): Rename your Webhook to "The Divergent (Divergence indicator)"
Step 4: Select the channel you wish to receive the divergence signals to (i.e. #divergence-signals)
Step 5: Save your Webhook
Step 6: Copy your Webhook URL to your clipboard and head over to TradingView
Step 7: Apply "The Divergent" or "The Divergent (Pro)" indicator to your chart and configure it as you prefer (The free version of The Divergent can signal Regular Divergences only, while the Pro version can signal both Regular and Hidden Divergences)
Step 8: Create a new alert, select "The Divergent" from the top drop down and select one of the Divergence signals (i.e. Regular Bullish)
Step 9: Use the Webhook URL from your clipboard as the Webhook URL of the alert
Step 10: Use the following alert message:
{"content": "The Divergent detected a Regular Bearish Divergence (RSI) on {{exchange}}:{{ticker}} ({{interval}}) @TradingView #divergence $BTC "}
Sample message delivered on Discord:
"The Divergent detected a Regular Bearish Divergence (RSI) on BINANCE:BTCUSDT (60) @TradingView #divergence $BTC"
Feel free to change the content to match your chart / type of divergence you are signalling in the alert.
Note : It is important that you format your alert message as a JSON string, and that you key the message with "content". If you have never used JSON before, it is a good idea to validate your message via jsonlint.com to make sure it is a valid JSON string.
Repeat the same steps for other charts / divergences. Create as many alerts, as many markets / divergences you want to signal to your Discord server.
If you have any questions, please feel free to post it in the comments section below.
If this tutorial was helpful to you, please consider giving it a thumbs up!
Thank you!
BTC.D Analyze Daily time Frame
1)
The trend returns from the 61.8 fib area to upwards.(20%)
2)
A & B:
Move the trend towards the two lower support areas.(80%)
notice:
-There is a Hidden Divergence Bearish (Stoch Indicator).
-A support area is also seen in the Stoch Indicator.
+Disclaimer
This is not financial advice.
The content of this analysis is subject to change at any time without notice.
BCRX Bullish Hammer Candle and MACD + ADX DivergencesMy favorite long term bio setting up for a bullish move.
Price bounced off support with a bullish hammer candle on higher relative volume, with bullish divergences on both the MACD and ADX.
Possible long setup in the short term.
Entry: 11,30 area
Short Term Target: 12,80 area
Stop loss: 10,50 area
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Fundamentally I expect this to go $100+ by 2025.