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Inverse Divergence [HeWhoMustNotBeNamed]

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Experimental.

In regular scenario divergence calculation follows these procedure

  • Pivots on price are considered as primary source
  • They are compared with pivots on oscillators
  • Trend bias of price is used


This is an experimental version where
  • Pivots on oscillators are considered as primary source
  • They are compared with pivots on price
  • Trend bias of oscillator is used. Using percentrank to define oscillator trend


Caution: Not meant for trading :)
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Centered OscillatorsDivergenceexperimentalhewhomustnotbenamedOscillatorsTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Centered OscillatorsDivergenceexperimentalhewhomustnotbenamedOscillatorsTrend Analysis
Trendoscope
Wizard
Trial - trendoscope.com/trial
Subscribe - trendoscope.com/pricing
Blog - docs.trendoscope.com
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.