Mawreez' Aggregated Divergences
Automatically detect regular and hidden divergences in multiple oscillators and visualize them through creative use of the histogram plot. I've open-sourced the code behind the indicator so that any user or their tech-savvy friend may easily add more oscillators of their choice.
Known bugs:
Planned features:
Known bugs:
- When two divergences occur within the same lookback period, only the first one is found.
- There is some overhead when searching for tops and bottoms.
- The oscillator and price source are still allowed to cross the trendline connecting their respective tops and bottoms.
Planned features:
- Some mechanism to warn for divergences which are still awaiting confirmation.
- More sophisticated method for finding tops and bottoms.