πDivergences
The divergence system automatically detects both Regular and Hidden divergences between price and the DIV Line (a momentum line displayed in the oscillator panel).
Types of Divergences
Regular Bullish (Rβ)
Price makes a lower low, oscillator makes a higher low
Selling pressure is weakening β potential reversal up
Regular Bearish (Rβ)
Price makes a higher high, oscillator makes a lower high
Buying pressure is weakening β potential reversal down
Hidden Bullish (Hβ)
Price makes a higher low, oscillator makes a lower low
Trend continuation β dip is a buying opportunity
Hidden Bearish (Hβ)
Price makes a lower high, oscillator makes a higher high
Trend continuation β rally is a shorting opportunity
Labels
R = Regular divergence
H = Hidden divergence
Green labels = Bullish divergences
Red labels = Bearish divergences
Divergence Calculation Methods
Method 1
Volume-driven markets (stocks, forex)
Uses money flow analysis β filters out weak moves and spots flow reversals early
Method 2
Low-volume assets (crypto, indices)
Pure momentum-based β faster response, catches more subtle price shifts
Tip: Start with Method 1 for most charts. Switch to Method 2 if you see too few signals or trade assets without reliable volume data.
Settings
Show DIV Line β Toggle the momentum line used for divergence detection
Show Divergences β Toggle divergence labels on the oscillator
Show Divergences Labels on Chart Above β Optionally display Bull/Bear/Hidden labels directly on your price chart
Div Calculation β Choose Method 1 or Method 2

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