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Divergence Sniper (Acc/Dist/Vol/MF @iam516)

Volume + Money Flow + Accumulation Distribution Divergence Formula
1. Layer on top of price
2. Disable 'Hide Pivots'
3. Use Blue stripes (pivots) to identify areas of reversals. These are combined vol/mf/acc/dist divergences and points of exhaustion for either side. When the peaks are at the top, a blue pivot would indicate overbought, at the bottom oversold.
Green and Red stripes indicate areas of confirmed divergences / main areas of pivots, however, the blue stripes are more precise for scalping and work near perfectly. In strong trends, sometimes you will get 2 or even 3 pivots in a row before the price reverses, so I wouldn't suggest using the very first availble pivot to enter a position in a strong trend. In accumulative/range type scenarios, 1st blue pivots usually give you the perfect entry. In strong trend / impulsive move scenarios, I would wait for either a 2-drive or a 3-drive divergence (2nd or 3rd blue stripe to appear) to snipe an entry.
4. I suggest enabling all kinds of custom time frames: 1,2,3,4,5,6,7,8,9,10 minutes, 15 minutes, 20 minutes, 25 minutes. For medium time frames, I suggest adding 4 hours, 6 hours, 8 hours, 10 hours. For high time frames, add 4 day, 5 day, 6 day. For anything above, add 2 months and 5 months besides monthly and quarterly.
5. Default colors of peaks are green, you can customize them to make them match your chart's color scheme. I prefer light grey on top of black.
Good luck, let me know if you have any questions
1. Layer on top of price
2. Disable 'Hide Pivots'
3. Use Blue stripes (pivots) to identify areas of reversals. These are combined vol/mf/acc/dist divergences and points of exhaustion for either side. When the peaks are at the top, a blue pivot would indicate overbought, at the bottom oversold.
Green and Red stripes indicate areas of confirmed divergences / main areas of pivots, however, the blue stripes are more precise for scalping and work near perfectly. In strong trends, sometimes you will get 2 or even 3 pivots in a row before the price reverses, so I wouldn't suggest using the very first availble pivot to enter a position in a strong trend. In accumulative/range type scenarios, 1st blue pivots usually give you the perfect entry. In strong trend / impulsive move scenarios, I would wait for either a 2-drive or a 3-drive divergence (2nd or 3rd blue stripe to appear) to snipe an entry.
4. I suggest enabling all kinds of custom time frames: 1,2,3,4,5,6,7,8,9,10 minutes, 15 minutes, 20 minutes, 25 minutes. For medium time frames, I suggest adding 4 hours, 6 hours, 8 hours, 10 hours. For high time frames, add 4 day, 5 day, 6 day. For anything above, add 2 months and 5 months besides monthly and quarterly.
5. Default colors of peaks are green, you can customize them to make them match your chart's color scheme. I prefer light grey on top of black.
Good luck, let me know if you have any questions
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受保護腳本
此腳本以閉源形式發佈。 不過,您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。
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。