INVITE-ONLY SCRIPT
Ultimate Bullish Divergence for RSI OBV RVSI MFI w/ Buy Alerts
Updated
This Indicator detects Divergence based on multiple Pivot points instead of just one.
- You can detect divergence on these Oscillators:
- RSI, RVSI, MFI, TRIX RSI, OBV and more soon
You can detect bullish and hidden bullish divergence:
- bullish divergence: Oscillator makes a higher low while price is making a lower low
- hidden bullish divergence: Oscillator makes a lower low while price is making a higher low
ranges where it should look for Divergence:
- To reduce false positives you are able to define and combine the following ranges:
- Manual Ranges: you’re able to type in the ranges that you came up with your manual technical analysis
- Auto Fib Ranges: option to only look for divergence below/above/within multiple Fibonacci levels
- Oversold limit: option to only look for divergence below a certain Oscillator Level
- EMA Ranges: Only look for divergence if below/above/within certain EMA's
- VWAP Ranges: option to only look for divergence below/above/within VWAP levels
Multiple options of waiting for confirmation:
- Waiting for X candle closes
- Wait for a price bounce
- Wait for an Oscillator to Oscillator EMA cross
- Wait for EMA cross (coming soon)
- You can detect divergence on these Oscillators:
- RSI, RVSI, MFI, TRIX RSI, OBV and more soon
You can detect bullish and hidden bullish divergence:
- bullish divergence: Oscillator makes a higher low while price is making a lower low
- hidden bullish divergence: Oscillator makes a lower low while price is making a higher low
ranges where it should look for Divergence:
- To reduce false positives you are able to define and combine the following ranges:
- Manual Ranges: you’re able to type in the ranges that you came up with your manual technical analysis
- Auto Fib Ranges: option to only look for divergence below/above/within multiple Fibonacci levels
- Oversold limit: option to only look for divergence below a certain Oscillator Level
- EMA Ranges: Only look for divergence if below/above/within certain EMA's
- VWAP Ranges: option to only look for divergence below/above/within VWAP levels
Multiple options of waiting for confirmation:
- Waiting for X candle closes
- Wait for a price bounce
- Wait for an Oscillator to Oscillator EMA cross
- Wait for EMA cross (coming soon)
Release Notes
fixed a scaling bugRelease Notes
- cleaned up the UI a bit- fixed a few minor bugs
- added a new delay: moving average break
- added a new filter: only long in an uptrend
Release Notes
fixed the manual ranges, now its working as intendedRelease Notes
minor bug fix with plotting hidden bullish divergenceRelease Notes
new alert that allows you to paste your trading bot scriptInvite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact imal_max for more information, or follow the author's instructions below.
Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
Author's instructions
″To get access to the free 7 day trial, send me a pm and I’ll give you access
To get access to my nice indicator, sign up to bybit with my affiliate account:
https://www.bybit.com/en-US/invite?ref=NKMPVM
Send me a pm with your bybit UID
Want to use this script on a chart?
Warning: please read before requesting access.
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.