I hope you're all hanging on at home with what's going on these days... The good news is.... it gives us more time to trade ^^.... #positive #attitude
I - Concept
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 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 divergence is detected
Then the colors are:
- green when there is bullish regular divergence - red when there is bearish regular divergence
Hi man. Good work. You have done a very beautiful job.
How many scrip/stocks I can add in this screener?
CandleCrusher_
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Very cool concept, thank you so much!
Question, does it repaint?
Daveatt
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@mikedbafb400ccf14f96, thank you :) shouldn't be repainting
CandleCrusher_
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@Daveatt, I'm trying to use this today, and I noticed something. If I am viewing some pairs (specifically bybit pairs) it works great. If i'm looking at something like, Tesla, or gold, or something random, i'll get a green or red box on, say, BYBIT:BTCUSD. Then, I goto BYBIT:BTCUSD, but there's no red or green box on its own chart. What am I doing wrong?
Daveatt
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Hey @mikedbafb400ccf14f96, Not sure if I follow this part
"i'll get a green or red box on, say, BYBIT:BTCUSD. Then, I goto BYBIT:BTCUSD"
CandleCrusher_
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@Daveatt, Ok. I have this indicator up.
Time interval is 15m.
4 tickers I have loaded in the indicator are:
BYBIT:BTCUSD
BATS:UGAZ
BATS:NUGT
BATS:JNUG
Then I look at a chart on another asset, say right now i'm looking at "CGC".
I'm seeing that between 11:45 and 14:15, there are some bull and bear divergences on NUGT, UGAZ, and JNUG. So, I then navigate to another chart on something else ,say, XAUUSD, and I get a different set of boxes. The times are similar, but some boxes do appear, but in different places, and some divs appear here, but not in other tickers.
So, i'm assuming then, that the indicator will not print a box if the identical slice of time is not available in the current ticker you're viewing?
Daveatt
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Hey @mikedbafb400ccf14f96, in this scenario, once you load XAUUSD, see a mistake, then save the chart and refresh the page.
Do you still see the issue?
For clarity (for me ^^), feel free to share screenshots using this tool imgur.com/ Thanks a lot
maudelebowski
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so what is the exact buy point you use with this? when a green square indicates the divergence then that is the buy? Cool stuff man1
In your experience, what is best for alerts, on bar or on bar close?