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Divergence is the difference between the price and the indicator readings.

The indicator is designed to search for classic and hidden divergences. All calculations are filtered to exclude as many false signals as possible. Divergence allows you to enter the market as accurately as possible at the peak.

The calculation uses the standard OsMA indicator. The channel width parameter allows you to expand its readings, thereby increasing the number of signals that are further filtered.

The indicator is not a ready-made trading system.

The indicator is not a ready-made trading system.

The hidden divergence can serve as a confirmation of the continuation of the trend.

The correct divergence shows the price reversal.

  • channel width – channel width
  • Refresh 0 bar-redraw the zero bar (does not affect the calculation)
  • show all divers-compare all peaks in the max_bars range or sequentially
  • fast ema period – fast exponential moving average
  • slow ema period – slow exponential moving average
  • signal period – the period of the signal line
  • max bars – the maximum number of bars to calculate
  • min bars – minimum number of bars to calculate
  • sell buy level – signals below this level are ignored
  • use ma filter-filter for crossing the price of MA
  • ma period – MA period
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