My way to fight this situation is to stay productive. Hope some of my scripts will help you out as most of us are locked-down at home, hence have more time for trading - and preparing ourselves when the sun will shine on us again
I - Concept
This is an upgrade of this script which captured only the regular divergences
This screener detects whether the regular RSI divergences based on the TradingView Divergence built-in indicator (made by the gentleman @everget I believe) With this screener, you can see in 1 view which of your favorite cryptos/stocks/forex pairs/etc. showing strong regular and hidden divergences
The gentlemen (and demoiselles) traders can play with the lookback/ranges inputs to adjust the divergences based on what they think is best of their trading/timeframe/instrument/life
On that script screenshot, I'm showing the BYBIT:BTCUSD part of the screener matching with the divergences on the chart
II - How did I set the screener
The visual signals are as follow:
- square: whenever a regular or hidden divergence is detected
Then the colors are:
- green when there is bullish divergence - red when there is bearish divergence
🔔🔔 I also added the alerts for capturing those bullish/bearish divergences
Is it possible @Daveatt to have the script alert if any of the conditions are met for any of the pairs listed in it? Plus, does it use the
AnkurDani
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This is amazing work for identifying hidden and regular divergences!!!
I would like to know how to apply it for a list of 10 stocks at a time.
Help would be highly appreciated.
And then replicate (understand copy/paste) lines 107 to 136 adding your variables sec00 to sec09
Cheers
dipen06754
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@Daveatt, it is working as expected ...great work. Is it possible to scan for all S&p 500 and NASDAQ 100 stocks without adding individual stocks (I am able to scan hand pick stocks from above suggestion) ... Thanks?
Daveatt
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@dipen06754, unfortunately for now, it's impossible technically with pinescript. We can't use pinescript to screen tons of assets
ManhDN
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@Daveatt, what did you use offset for? it looks like repainting man ;)
Daveatt
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@ManhDN, of course, it's repainting, it's based on fractals As fractals are calculated with delay, I did offset to the left the signals
ManhDN
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@Daveatt, so can you please offer a profitable strategy to work with this sir?
trendingpip
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@AnkurDani, Hey, were you able to implement the solution @Daveatt gave?
I am not a coder and really struggling with the same issue as you. I would really appreciate if you would assist. Thank you in advance and thank you @Daveatt for such a brilliant tool.
Shark_C
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Hi Daveatt.
It's really a good indicator. Thx a lot.
Can you explain what is :"Pivot Lookback Right" and "Pivot Lookback Left"? Changing this, it will change the divergence that are showed, but I'm not sure to really understand it.
There is some divergence that I would like to see, bit that are not showed on your indicator.
Thx a lot
Ippo
Plus, does it use the