UnknownUnicorn1178563

Bats Bearish Divergence Detector (BRED-)

After the release of BUBD+ here comes BRED- for calling the tops.
6 indicators are tested for the presence of any bearish Divergences and are plotted on chart as soon as they are.

Note - Price can move up after bearish divergence as well so its not foolproof. However multiple bearish divergences signify that bulls are losing power and price might reverse downwards.

Instead of blindly trusting the divergence on this indicator I suggest that you use this as a tracking mechanism instead. Once you spot a bearish divergence here, go to the oscillator that was called by the indicator and see the strength of the divergence involved.

This way you dont have to look at the indicators for divergence all the time, just only when the indicator calls for it. (Note that different timeframes will have different divergences so make sure you watch most of them. Higher timeframes indicate larger potential reversals)

Colour -
MACD- Aqua blue
RSI - Red
Stoch RSI - pink
CCI - Orange
MFI - Teal (Blue)
RVI - Silver

If you want to change the number of indicators you can do so from the bottom and remove the indicators you dont want to see by commenting them out.
發布通知:
Colour coding has been changed to facilitate use with Bullish divergence script. Bearish colours are dark.
MACD- Blue
RVI - Maroon
SRSI - Blue navy
MFI - Prussian blue
CCI - Gray
RSI - Red
發布通知:
Code and symbols changed.
發布通知:
stoch mfi changed to MFI
發布通知:
MFI made more sensitive to lower changes now.
開源腳本

本著真正的TradingView精神,該腳本的作者將其開源發布,以便交易者可以理解和驗證它。為作者喝彩吧!您可以免費使用它,但在出版物中重複使用此代碼受網站規則的約束。 您可以收藏它以在圖表上使用。

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。

想在圖表上使用此腳本?