This indicator calculates momentum setups based on the Relative Strength Index (RSI) and plots in a separate pane. It offers multiple scanning modes such as Continuous Break, Continuous Retracement, Flip Break, Flip Retracement, and both regular and hidden div
Indicator · Pine Script v6 · Own pane
Divergence Screener [Trendoscope]
The Divergence Screener by Trendoscope identifies regular and hidden bullish and bearish divergences between price action and technical oscillators in a separate pane.
Repaints
GitHub stars3on the repository
Pine versionv6current
Lines of code260
Settings14inputs
LicenceNone stated
Last update12 months ago31 Oct 2025
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 Screener [Trendoscope] supports multiple oscillators including RSI, CCI, CMO, and COG, as well as custom external inputs. Trend structure is evaluated using configurable methods such as Zigzag pivot detection or moving average filters. Users can adjust oscillator lengths, trend settings, and select specific divergence alerts. Because signal evaluation relies on Zigzag pivots and includes an explicit repaint setting, signals can adjust on live bars.
- Multiple oscillator options including RSI, CCI, CMO, and COG
- Regular and hidden divergence detection
- Zigzag and moving average trend filters
- Configurable alerts for bullish and bearish divergences
Details
Published by
IAMATOMIC001 on GitHub
Code credit
Trendoscope, as written in the script's header
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Divergence, Oscillators & momentum
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Oscillator | string | rsi | oscillatorType |
| length | int | 14 | length |
| Use External Oscillator | bool | false | useExternalOscillator |
| externalOscillator | source | close | externalOscillator |
| Trend Detection Method | string | Zigzag | trendMethod |
| MA Filter | enum | eta.CustomSeries.SMA | maType |
| maLength | int | 200 | maLength |
| External Trend Signal | source | close | externalTrendSignal |
| Length | int | 13 | zigzagLength |
| Repaint | bool | true | repaint |
| Bullish Divergence | bool | true | bullishDivergenceAlert |
| Bullish Hidden Divergence | bool | true | bullishHiddenDivergenceAlert |
Show all 14 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Bearish Divergence | bool | true | bearishDivergenceAlert |
| Bearish Hidden Divergence | bool | true | bearishHiddenDivergenceAlert |
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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