Divergence for Many Indicators v4 由LonesomeTheBlue...

Hello Traders,


Here is my new year gift for the community, Digergence for Many Indicators v4. I tried to make it modular and readable as much as I can. Thanks to Pine Team for improving Pine Platform all the time!

How it works?
- On each candle it checks divergences between current and any of last 16 Pivot Points for the indicators.
- it search divergence on choisen indicators => RSI , MACD , MACD Histogram, Stochastic , CCI , Momentum, OBV, VWMACD, CMF and any External Indicator!
- it checks following divergences for 16 pivot points that is in last 100 bars for each Indicator.
--> Regular Positive Digergences
--> Regular Negative Digergences
--> Hidden Positive Digergences
--> Hidden Negative Digergences
- for positive divergences first it checks if closing price is higher than last closing price and indicator value is higher than perious value, then start searching divergence
- for negative divergences first it checks if closing price is lower than last closing price and indicator value is lower than perious value, then start searching divergence


Some Options:

Pivot Period: you set Pivot Period as you wish. you can see Pivot Points using 'Show Pivot Points' option
Source for Pivot Points: you can use Close or High/Low as source
Divergence Type: you can choose Divergence type to be shown => 'Regular', 'Hidden', 'Regular/Hidden'
Show Indicator Names: you have different options to show indicator names => 'Full', 'First Letter', 'Don't Show'
Show Divergence Number: option to see number of indicators which has Divergence
Show Only Last Divergence: if you enable this option then it shows only last Positive and Negative Divergences
you can include any External Indicator to see if there is divergence
- enable 'Check External Indicator'
- and then choose External indicator name in the list, 'External Indicator'
- External indicator name is shown as Extrn
- related external indicator must be added before enabling this option

Coloring, line width and line style options for different type of divergences.

Following Alerts added:
- Positive Regular Divergence Detected
- Negative Regular Divergence Detected
- Positive Hidden Divergence Detected
- Negative Hidden Divergence Detected


Now lets see some examples:

Hidden Divergences:

Regular and Hidden Divergences together:

Showing first letters of indicators:

You can see only the number of indicators which has divergence:

You can see only divergence lines without indicators names and numbers:

option to used different label/line/text colors:

You have option to see only last divergences:

You can change Pivot Period, in following example Pivot Period = 15:

You can use Close or High/Low as Source for Divergence

You can include external indicators and get divergences on it:

Wish you all a happy new year!

Enjoy!