INDICATOR-BIG_MAMA-DIVERGENCE-OVERLAY-PUBLIC
This one combines divergences + macd X + pumps/dumps + supertrend + ATH/ATL + MA X
Label meanings....
General
- Red is a negative/sell signal
- Green is a positive/buy signal
Divergences
- adds up multiple divergent signals on one candle
- Divergences include RSI + MACD + Stochastics + OBV
- Due to too many OBV Divergence false signals it only displays OBV Divergence another type of Divergence exists at same candle
h1..hn = hidden divergences
r1...rn = regular/normal divergences
hn* or rn* = The star (*) denotes that a MACD Divergence exists in this counter (MACD is strongest IMO)
x = MACD CrossOver or Under
x* = MA CrossOver or Under (MA 50 with MA 100)
x** = MA CrossOver or Under (MA 50 with MA 200)
st = supertrend
p = pump (volume)
d = dump (volume)
WARNING
Can only work out divergences from most recent high or low so don't expect it to be omnipotent.
Label meanings....
General
- Red is a negative/sell signal
- Green is a positive/buy signal
Divergences
- adds up multiple divergent signals on one candle
- Divergences include RSI + MACD + Stochastics + OBV
- Due to too many OBV Divergence false signals it only displays OBV Divergence another type of Divergence exists at same candle
h1..hn = hidden divergences
r1...rn = regular/normal divergences
hn* or rn* = The star (*) denotes that a MACD Divergence exists in this counter (MACD is strongest IMO)
x = MACD CrossOver or Under
x* = MA CrossOver or Under (MA 50 with MA 100)
x** = MA CrossOver or Under (MA 50 with MA 200)
st = supertrend
p = pump (volume)
d = dump (volume)
WARNING
Can only work out divergences from most recent high or low so don't expect it to be omnipotent.