Indicator · Pine Script v4 · On the chart

Divergence Scanner

by g-moe· code credited to goodgains

The Divergence Scanner is an indicator that detects divergences using the Hull Moving Average.

View on GitHub

GitHub stars3on the repository
Pine versionv4older, still runs
Lines of code104
Settings7inputs
LicenceNone stated
Last update5 months ago27 May 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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 Scanner calculates the high-low average price as the source and applies a Hull Moving Average with length 21 and a lookback of 2. Users can enable the display of Hull support and resistance lines, buy and sell arrows, divergence labels, and extension of those lines. The indicator draws on the price chart to signal potential trend reversals through divergences.

Details

Published by

g-moe on GitHub

Code credit

goodgains, as written in the script's header

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.

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Sourcesourcehl2price
HMA Lengthint21HMA_Length
lookbackint2lookback
ShowHullSup/ResLinesboolfalseShowHullSupResLines
ShowBuySellArrowsboolfalseShowBuySellArrows
ShowDivergenceLabelboolfalseShowDivergenceLabel
ExtendLocalSup/ResLinesboolfalseExtendSupResLines
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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