OPEN-SOURCE SCRIPT
Divergence/Convergence v1.0 [LonesomeTheBlue]
The script is developed to find Divergence/Convergence for various indicators
it counts number of Divergence/Convergence and draws arrow
Arrow length changes according to number of Divergence/Convergence
that means if there is Divergence/Convergence on one indicator then arrow length = 1
if there is Divergence/Convergence on two indicator then arrow length = 2 etc.
Currently script checks Divergence/Convergence for RSI, MACD, MACD Histogram, Momentum, CMF indicators
You can add/remove many other indicators to check if there is Divergence/Convergence
it counts number of Divergence/Convergence and draws arrow
Arrow length changes according to number of Divergence/Convergence
that means if there is Divergence/Convergence on one indicator then arrow length = 1
if there is Divergence/Convergence on two indicator then arrow length = 2 etc.
Currently script checks Divergence/Convergence for RSI, MACD, MACD Histogram, Momentum, CMF indicators
You can add/remove many other indicators to check if there is Divergence/Convergence
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