
Divergence indicator
1. Overview Many traders use divergence as a way of recognizing when the market is losing strength in a particular direction. When comparing the price action against other indicators, traders can recognize moments of divergence when for example price continues to rise while at the same time the strength or momentum of the move decreases. Using the TDU Divergence Indicator you can automatically spot possible reversal zones. The indicator will draw lines when divergence occurs on both the chart and chosen indicator so you are always aware when divergence is occurring without needing to put in any extra work. 2. Spots Hidden & Regular Divergence on any indicator The indicator spots Hidden and Regular divergence on any other indicator plot. Choose your indicator and add the divergence indicator to it and it will simply detect any divergence on it. No matter if you want to see divergence on the RSI, MACD, Stochastics, or any other oscillator.. The Divergence indicator will allow you