The indicator determines when there is a discrepancy between the price and the indicator or oscillator. It reveals both regular and hidden discrepancies. In combination with your own rules and methods, this indicator will allow you to create (or improve) your own powerful system.

• Can detect divergences for the following oscillators/indicators: MACD, OsMA, Stochastics, RSI, CCI, RVI, Awesome, ADX, ATR, OBV, Composite Index, MFI and Momentum. Only one oscillator/indicator can be selected.
• Draws solid lines for normal/classic (potential reversal) divergences and dotted lines for hidden (trend continuation) divergences. Lines are drawn both on the chart and in the indicator window.

You can find a description and explanation of the input parameters here.