Many traders use divergence as a way of recognizing when the market is losing strength in a particular direction. When comparing the price action against other indicators, traders can recognize moments of divergence when for example price continues to rise while at the same time the strength or momentum of the move decreases.
Using the TDU Divergence Indicator you can automatically spot possible reversal zones. The indicator will draw lines when divergence occurs on both the chart and chosen indicator so you are always aware when divergence is occurring without needing to put in any extra work.
Spots Hidden & Regular Divergence on any indicator
The indicator spots Hidden and Regular divergence on any other indicator plot. Choose your indicator and add the divergence indicator to it and it will simply detect any divergence on it. No matter if you want to see divergence on the RSI, MACD, Stochastics, or any other oscillator.. The Divergence indicator will allow you to simply detect any hidden and regular divergence
The indicator supports alerts to notify you of the moment hidden or regular divergence is detected.
Bloodhound / automated strategies support
The indicator exports a signal plot that can be used in bloodhound/blackbird or your own ninja script strategies to detect (hidden) divergence
||Bullish hidden divergence|
|-1||Bullish regular divergence|
|1||Bearish regular divergence|
|2||Bearish hidden divergence|
- Automatically draws divergence lines on both price chart and indicator chart in real-time
- Detects regular and hidden divergence
- Can detect divergence on any indicator
- Signals for strategy builders/bloodhound/blackbird
- Works on any instrument
- Works on any timeframe
- Works on any bar type
- Works with any NinjaTrader license
- Added signal plot for bloodhound/strategy builders
- fixed alerts sometimes not working
We offer a 100% free 5-day trial of all our indicators allowing you to test our software before buying it. Since you are able to test all our software before buying it all sales are final and non-refundable!
Divergence on a MACD indicator
Divergence indicator settings
Divergence on the RSI indicator
Divergence on the Stochastics oscillator