OPEN-SOURCE SCRIPT
ML Super Divergence + ADX Confirmation
The "ML Super Divergence + ADX Confirmation" indicator is a powerful tool designed for technical traders who want to combine machine learning-inspired divergence signals with the ADX (Average Directional Index) trend strength indicator for more reliable trade signals.
This script is written in Pine Script v6 and is suitable for use on TradingView charts. It visually highlights potential buy and sell opportunities and also generates alerts when conditions are met.
📈 Core Components:
1. ADX System (Average Directional Index):
Measures trend strength, not direction.
Calculated using a 14-period (user-configurable) setting.
DI+ (Positive Directional Index) and DI− (Negative Directional Index) are used to gauge bullish and bearish pressure.
Signals are only valid when ADX > threshold (e.g., 20), ensuring that the trend is strong enough to act upon.
2. Simulated ML Super Divergence Signal:
This is a placeholder for actual ML-based divergence detection.
For demonstration, it simulates:
Bullish divergence: when RSI crosses above 30 and OBV (On-Balance Volume) is rising.
Bearish divergence: when RSI crosses below 70 and OBV is falling.
This approximation helps visualize how real ML divergence signals could be integrated.
✅ Buy Signal Conditions:
A buy signal is plotted when:
A bullish divergence is detected.
DI+ is greater than DI− (i.e., bullish directional strength).
ADX is above the minimum threshold (confirming a strong trend).
📍 Visual cue: Green upward triangle below the price bar.
🔔 Alert Triggered: "Buy Signal: ML Super Divergence + DI+ + ADX Confirmation"
❌ Sell Signal Conditions:
A sell signal is plotted when:
A bearish divergence is detected.
DI− is greater than DI+ (i.e., bearish directional strength).
ADX is above the threshold.
📍 Visual cue: Red dot above the price bar.
🔔 Alert Triggered: "Sell Signal: ML Super Divergence + DI- + ADX Confirmation"
This script is written in Pine Script v6 and is suitable for use on TradingView charts. It visually highlights potential buy and sell opportunities and also generates alerts when conditions are met.
📈 Core Components:
1. ADX System (Average Directional Index):
Measures trend strength, not direction.
Calculated using a 14-period (user-configurable) setting.
DI+ (Positive Directional Index) and DI− (Negative Directional Index) are used to gauge bullish and bearish pressure.
Signals are only valid when ADX > threshold (e.g., 20), ensuring that the trend is strong enough to act upon.
2. Simulated ML Super Divergence Signal:
This is a placeholder for actual ML-based divergence detection.
For demonstration, it simulates:
Bullish divergence: when RSI crosses above 30 and OBV (On-Balance Volume) is rising.
Bearish divergence: when RSI crosses below 70 and OBV is falling.
This approximation helps visualize how real ML divergence signals could be integrated.
✅ Buy Signal Conditions:
A buy signal is plotted when:
A bullish divergence is detected.
DI+ is greater than DI− (i.e., bullish directional strength).
ADX is above the minimum threshold (confirming a strong trend).
📍 Visual cue: Green upward triangle below the price bar.
🔔 Alert Triggered: "Buy Signal: ML Super Divergence + DI+ + ADX Confirmation"
❌ Sell Signal Conditions:
A sell signal is plotted when:
A bearish divergence is detected.
DI− is greater than DI+ (i.e., bearish directional strength).
ADX is above the threshold.
📍 Visual cue: Red dot above the price bar.
🔔 Alert Triggered: "Sell Signal: ML Super Divergence + DI- + ADX Confirmation"
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
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。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
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。