Divergence for Many Indicators yzz: Free TradingView Indicator (Pine Script)

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

Divergence for Many Indicators yzz plots divergence lines and text labels directly on the price chart based on pivot highs and lows. Settings allow filtering by divergence counts, adjusting pivot search parameters, toggling individual indicators, and displaying optional 50 and 200 moving averages across custom timeframes.

Multi-indicator divergence scanner
Regular and hidden divergence detection
Configurable pivot point periods
Customizable line styles and colors
Optional multi-timeframe moving averages

Details

Published by

webcrack4 on GitHub

Type

Indicator, Pine Script v4

Draws

On the price chart

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.

File

v4组合/V4_1+3+6.pine

Repository

github.com/webcrack4/pine-script-combine. See its other scripts in the library

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`	`false`	`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 Divergence	`color`	`color.yellow`	`pos_reg_div_col`
Negative Regular Divergence	`color`	`color.navy`	`neg_reg_div_col`
Positive Hidden Divergence	`color`	`color.lime`	`pos_hid_div_col`
Negative Hidden Divergence	`color`	`color.red`	`neg_hid_div_col`
Positive Divergence Text Color	`color`	`color.black`	`pos_div_text_col`
Negative Divergence Text Color	`color`	`color.white`	`neg_div_text_col`
Regular Divergence Line Style	`string`	`Solid`	`reg_div_l_style_`
Hdden Divergence Line Style	`string`	`Dashed`	`hid_div_l_style_`
Regular Divergence Line Width	`int`	`2`	`reg_div_l_width`
Hidden Divergence Line Width	`int`	`1`	`hid_div_l_width`
Show MAs 50 & 200	`bool`	`false`	`showmas`
cma1col	`color`	`color.lime`	`cma1col`
cma2col	`color`	`color.red`	`cma2col`
Price Source For The Moving Averages	`source`	`close`	`pricetype`
Use Current Timeframe As Resolution?	`bool`	`true`	`useCurrentRes`
Use Different Timeframe? Then Uncheck The Box Above	`timeframe`	`W`	`resCustom`

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.

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