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OPEN-SOURCE SCRIPT

Signals and pivot divergences

By mickes
Updated
Script that shows buy and sell signals for multiple indicators and divergences when there's a pivot in the price chart. The defaults are from my own laboration and don't hesitate to share your settings!

Best of trading luck!
Release Notes
Hi all!

Here's an update for this indicator. There's a bunch of things but I will try to list most of them below.

  • Add volume as possible divergence
  • Add a pivot on the 'end' (for simpler live trading) that doesn't require bars to the right to pivot (is therefore faster and can be more unreliable than 'real' pivots (but will be removed later))


I've also been noted that I credited LonesomeTheBlue (for some indicators) in the code but not in text, so here it is! Thank you!

Best of trading!
divergencespivotPivot Pointssignals

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 publication is governed by House rules. You can favorite it to use it on a chart.

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mickes

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