█ OVERVIEW
A fast and improved divergence finding algorithm that aims to be better than the built-in TradingView divergence algorithm.
█ CONCEPTS
Wolfpack
Wolfpack is an oscillator made popular by darrellfischer1 all the way back in 2017. Since then the Wolfpack oscillator has been utilized by a number of notable strategy/indicator creators. At some...
Context
WolfPack was originally published by @darrellfischer1. The indicator was then made popular as a useful companion to the famous Market Cipher (and other similar) oscillators.
Improvements
Inspired by the Bjorgum TSI I have gone ahead and applied a Exponential Moving Average to the original WolfPack plot. The color changes assist in anticipating trend...
Goethe B is an Indicator Package that contains multiple leading and lagging indicators.
The background is that shows the local trend is calculated by either two Moving Averages or by a Kumo Cloud. By default the Kumo Cloud calculation is used.
What is the main oscillator?
- The main oscillator is TSV, or time segmented volume. It is one of the more interesting...
Goethe A is an Indicator Package that contains multiple leading and lagging indicators.
The background is that shows the local trend is calculated by either two Moving Averages or by a Kumo Cloud. By default the Kumo Cloud calculation is used.
What are those circles?
-These are OBV (or VPT, can be set in the options) Divergences. Red for Regular-Bearish....
![BTCUSDT.P: Wolfpack Divergences [multigrain]](https://s3.tradingview.com/k/KkYYuPfe_mid.png "Wolfpack Divergences [multigrain]")
