Oscillator Workbench — Chart plots a configurable blend of two built-in oscillators and an optional external oscillator on the price chart. It draws a weighted oscillator line and a reference moving average, coloring both by successive up or down states. Users
Indicator · Pine Script v4 · On the chart
Combined Indicators Fixed
This indicator calculates regular and hidden divergences across multiple momentum and volume oscillators, including MACD, RSI, Stochastic, CCI, Momentum, OBV, VW-MACD, CMF, and MFI, as well as an optional external input.
GitHub stars1on the repository
Pine versionv4older, still runs
Lines of code708
Settings40inputs
LicenceNone stated
Last update9 months ago10 Jan 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Combined Indicators Fixed scans for pivot highs and lows using configurable lookback periods and compares price swings against oscillator values. Divergence lines, indicator count labels, and optional 50 and 200 simple moving averages are plotted directly on the price chart. Users can customize pivot parameters, filter divergence types, and set minimum divergence count thresholds.
- Multi-oscillator divergence detection across up to ten indicators
- Regular and hidden divergence identification
- Customizable pivot detection lookback and source
- Optional 50 and 200 simple moving average overlays
- Configurable on-chart divergence lines and label formatting
Details
Published by
webcrack4 on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Divergence, Oscillators & momentum, Moving averages, Volume
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Pivot Period | int | 5 | prd |
| Source for Pivot Points | string | Close | source |
| Divergence Type | string | Regular | searchdiv |
| Show Indicator Names | string | Full | showindis |
| Minimum Number of Divergence | int | 1 | showlimit |
| Maximum Pivot Points to Check | int | 10 | maxpp |
| Maximum Bars to Check | int | 100 | maxbars |
| Show Divergence Number | bool | true | shownum |
| Show Only Last Divergence | bool | false | showlast |
| Don't Wait for Confirmation | bool | true | dontconfirm |
| Show Divergence Lines | bool | true | showlines |
| Show Pivot Points | bool | false | showpivot |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| MACD | bool | true | calcmacd |
| MACD Histogram | bool | true | calcmacda |
| RSI | bool | true | calcrsi |
| Stochastic | bool | true | calcstoc |
| CCI | bool | true | calccci |
| Momentum | bool | true | calcmom |
| OBV | bool | true | calcobv |
| VWmacd | bool | true | calcvwmacd |
| Chaikin Money Flow | bool | true | calccmf |
| Money Flow Index | bool | true | calcmfi |
| Check External Indicator | bool | false | calcext |
| External Indicator | source | close | externalindi |
| Positive Regular | color | color.yellow | pos_reg_div_col |
| Negative Regular | color | color.navy | neg_reg_div_col |
| Positive Hidden | color | color.lime | pos_hid_div_col |
| Negative Hidden | color | color.red | neg_hid_div_col |
| Pos Text Color | color | color.black | pos_div_text_col |
| Neg Text Color | color | color.white | neg_div_text_col |
| Regular Line Style | string | Solid | reg_div_l_style_ |
| Hidden Line Style | string | Dashed | hid_div_l_style_ |
| Regular Width | int | 2 | reg_div_l_width |
| Hidden Width | int | 1 | hid_div_l_width |
| Show MAs 50 & 200 | bool | false | showmas |
| cma1col | color | color.lime | cma1col |
| cma2col | color | color.red | cma2col |
| ATR Period ST | int | 10 | stPeriods |
| ATR Multiplier ST | float | 3.0 | stMultiplier |
| Change ATR Calc? | bool | true | stChangeATR |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
Similar Pine Scripts
This indicator combines the Relative Strength Index (RSI) and Money Flow Index (MFI) into a single hybrid oscillator in a separate pane. Users can adjust the relative weighting of price momentum and volume flow to create a custom hybrid value bounded between 0
This overlay indicator marks call and put setups from EMAs, RSI, MACD, and a SPY volume ratio. A call needs higher highs, RSI above its minimum, rising MACD, above-average proxy volume, and a rising trend EMA; a put reverses those tests. Early markers use an E
LiqSpikeBounceLong Feb2026 is an indicator designed to identify long bounce entries following high-volume liquidation cascades in bearish market contexts. It checks if price is below an exponential moving average, then detects large single-bar drops exceeding
This indicator detects regular and hidden divergences across multiple technical factors plotted directly on the price chart. It evaluates price highs and lows against peaks and troughs identified by a five-bar fractal mechanism on RSI, RSI Stochastic, MACD, re
This indicator marks RSI divergences only when price trades beyond daily VWAP standard-deviation bands. It compares recent RSI extremes with price highs and lows over a lookback window, and it treats a divergence as valid only while RSI stays beyond overbought
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers