INVITE-ONLY SCRIPT
已更新

Cynotronic_Divergence tool_v1

613
This tool was developed to accurately capture divergences. Back-testing has shown it's relatively more accurate in detecting all types of divergences (both hidden and regular).

The tool is NOT to be used in isolation; it's best used in conjunction with moving averages (preferably the 20 MA);

1. The indicator background indicates bullish (green background color) or bearish (red background color) sentiments;
2. Indicator reversal is most bullish when price action is above MA;
3. Indicator reversal + Green background + price above MA is extremely Bullish;
4. Indicator reversal + Green background + price below MA is indicative of an incoming distribution phase;
5. Indicator reversal + Red background + price above MA is slightly bullish;
6. Indicator reversal + Red background + price above MA is indicative of an incoming accumulation period.

Development/improvement is a continuous thing!
發行說明
Script renamed and changed to pine version 4

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。