Divergence: Unveiling the Magical Code of Price Reversal

This document discusses the concept of divergence as a technical indicator in the financial market. Divergence is described as a key that guides traders to potential price reversals. The document explains the two types of divergence (positive and negative) and emphasizes the importance of combining divergence with other indicators and analysis tools. It also provides a code script for drawing divergence indicators using TradingView's Pine Script language.

blackcat1402
blackcat1402
This cat is an esteemed coding influencer on TradingView, commanding an audience of over 8,000 followers. This cat is proficient in developing quantitative trading algorithms across a diverse range of programming languages, a skill that has garnered widespread acclaim. Consistently, this cat shares invaluable trading strategies and coding insights. Regardless of whether you are a novice or a veteran in the field, you can derive an abundance of valuable information and inspiration from this blog.
Announcement
type
status
date
slug
summary
AI summary
AI translation
tags
category
password
icon
🎉Webhook Signal Bots for Crypto are Coming!🎉
--- Stay Tuned ---
👏From TradingView to OKX, Binance and Bybit Exchange Directly!👏