Identify Divergences on 6 oscillators simultaneously. From the bottom up. 0 to 1 (black): MACD 1 to 2 (green): Elders Force Index 2 to 3 (blue): RSI 3 to 4 (purple): Awesome Oscillator 4 to 5 (red): Commodity channel index 5 to 6 (orange): Stochastic
You can change the identification of the divergence in the settings and use the Oscillator Divergences indicator to visually see them when testing.
This detects the following divergences between price and the oscillator. Regular Bullish Divergence: Price lower low | Oscillator higher low Regular Bearish Divergence: Price higher high | Oscillator lower high Hidden Bullish Divergence: Price higher low | Oscillator lower low Hidden Bearish Divergence: Price lower high | Oscillator higher high
Early warning alert system. This identifies a developing divergence and can be used to set alerts.
Colors Bearish: Maroon Bullish: Green Hidden Bearish: Light brown Hidden Bullish: Light green
Developing early warning are lighter shades of the above.