πŸ‚Divergences

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

Type
What Happens
What It Means

Regular Bullish (R↑)

Price makes a lower low, oscillator makes a higher low

Selling pressure is weakening β€” potential reversal up

Regular Bearish (R↓)

Price makes a higher high, oscillator makes a lower high

Buying pressure is weakening β€” potential reversal down

Hidden Bullish (H↑)

Price makes a higher low, oscillator makes a lower low

Trend continuation β€” dip is a buying opportunity

Hidden Bearish (H↓)

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
Best For
Description

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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