VuManChu B Divergences: 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

VuManChu B Divergences automatically identifies regular and hidden bullish and bearish divergences, plotting signal circles and divergence triangles for overbought or oversold conditions. Plotted in a separate window, it provides visual cues for potential trend reversals and momentum shifts. Inputs allow users to adjust WaveTrend smoothing lengths, overbought and oversold threshold levels, MFI period, and divergence sensitivity parameters.

WaveTrend oscillator with fast VWAP crossover tracking
Money Flow Index area and RSI momentum overlay
Automatic regular and hidden divergence detection
Customizable overbought and oversold threshold markers

Details

Published by

matlaenousse on GitHub

Type

Indicator, Pine Script v4

Draws

Separate pane below the 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

root/raw_indicators/VumanchuCypherBReplica/VumanchuCypherBReplica.pine

Repository

github.com/matlaenousse/-PineScript--Strategy-indicator. 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
Show WaveTrend	`bool`	`true`	`wtShow`
Show Buy dots	`bool`	`true`	`wtBuyShow`
Show Gold dots	`bool`	`true`	`wtGoldShow`
Show Sell dots	`bool`	`true`	`wtSellShow`
Show Div. dots	`bool`	`true`	`wtDivShow`
Show Fast WT	`bool`	`true`	`vwapShow`
WT Channel Length	`int`	`9`	`wtChannelLen`
WT Average Length	`int`	`12`	`wtAverageLen`
WT MA Source	`source`	`hlc3`	`wtMASource`
WT MA Length	`int`	`3`	`wtMALen`
WT Overbought Level 1	`int`	`53`	`obLevel`
WT Overbought Level 2	`int`	`60`	`obLevel2`

Show all 40 settings

Setting	Type	Default	Variable
WT Overbought Level 3	`int`	`100`	`obLevel3`
WT Oversold Level 1	`int`	`-53`	`osLevel`
WT Oversold Level 2	`int`	`-60`	`osLevel2`
WT Oversold Level 3	`int`	`-75`	`osLevel3`
Show WT Regular Divergences	`bool`	`true`	`wtShowDiv`
Show WT Hidden Divergences	`bool`	`false`	`wtShowHiddenDiv`
Not apply OB/OS Limits on Hidden Divergences	`bool`	`true`	`showHiddenDiv_nl`
WT Bearish Divergence min	`int`	`45`	`wtDivOBLevel`
WT Bullish Divergence min	`int`	`-65`	`wtDivOSLevel`
Show 2nd WT Regular Divergences	`bool`	`true`	`wtDivOBLevel_addshow`
WT 2nd Bearish Divergence	`int`	`15`	`wtDivOBLevel_add`
WT 2nd Bullish Divergence 15 min	`int`	`-40`	`wtDivOSLevel_add`
Show MFI	`bool`	`true`	`rsiMFIShow`
MFI Period	`int`	`60`	`rsiMFIperiod`
MFI Area multiplier	`float`	`150`	`rsiMFIMultiplier`
MFI Area Y Pos	`float`	`2.5`	`rsiMFIPosY`
Show RSI	`bool`	`true`	`rsiShow`
RSI Source	`source`	`close`	`rsiSRC`
RSI Length	`int`	`14`	`rsiLen`
RSI Oversold	`int`	`30`	`rsiOversold`
RSI Overbought	`int`	`60`	`rsiOverbought`
Show RSI Regular Divergences	`bool`	`false`	`rsiShowDiv`
Show RSI Hidden Divergences	`bool`	`false`	`rsiShowHiddenDiv`
RSI Bearish Divergence min	`int`	`60`	`rsiDivOBLevel`
RSI Bullish Divergence min	`int`	`30`	`rsiDivOSLevel`
Show Stochastic RSI	`bool`	`true`	`stochShow`
Use Log?	`bool`	`true`	`stochUseLog`
Use Average of both K & D	`bool`	`false`	`stochAvg`

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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