Pajinko Divergence

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PJK DIVERGENCE is a custom indicator designed to detect market divergence with high precision by combining multiple key market metrics.
It analyzes the relationship between Price Action and key momentum/trend indicators such as RSI, MACD, ADX, and Volume to highlight potential reversal or trend continuation opportunities.

This multi-layer approach allows traders to:

Spot bullish divergence (when price makes lower lows but momentum makes higher lows).

Spot bearish divergence (when price makes higher highs but momentum makes lower highs).

Filter out weak signals by confirming with trend strength (ADX) and volume activity.

How It Works

The script continuously compares price swings with momentum oscillators to identify divergence.

Bullish signals appear when momentum shows strength despite falling prices.

Bearish signals appear when momentum weakens despite rising prices.

ADX is used to confirm trend conditions, and Volume is analyzed to validate market participation.

How to Use

Apply PJK DIVERGENCE to your chart.

Look for bullish or bearish divergence markers and confirm with trend/volume conditions.

Use divergence signals as an early warning for possible trend reversals or as confirmation for existing trade setups.

For best results, combine with the Semi-Auto EA “Cyborg” to manage entries, exits, and risk.

Example Use Cases

Swing Trading: Spot reversal zones before major price movements.

Trend Following: Use divergence to identify potential pullbacks within a trend.

Breakout Trading: Confirm breakout strength by checking for the absence of bearish divergence.

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Phát hành các Ghi chú

PJK DIVERGENCE is a custom indicator designed to detect market divergence with high precision by combining multiple key market metrics.
It analyzes the relationship between Price Action and key momentum/trend indicators such as RSI, MACD, ADX, and Volume to highlight potential reversal or trend continuation opportunities.

This multi-layer approach allows traders to:

Spot bullish divergence (when price makes lower lows but momentum makes higher lows).

Spot bearish divergence (when price makes higher highs but momentum makes lower highs).

Filter out weak signals by confirming with trend strength (ADX) and volume activity.

How It Works

The script continuously compares price swings with momentum oscillators to identify divergence.

Bullish signals appear when momentum shows strength despite falling prices.

Bearish signals appear when momentum weakens despite rising prices.

ADX is used to confirm trend conditions, and Volume is analyzed to validate market participation.

How to Use

Apply PJK DIVERGENCE to your chart.

Look for bullish or bearish divergence markers and confirm with trend/volume conditions.

Use divergence signals as an early warning for possible trend reversals or as confirmation for existing trade setups.

For best results, combine with the Semi-Auto EA “Cyborg” to manage entries, exits, and risk.

Example Use Cases

Swing Trading: Spot reversal zones before major price movements.

Trend Following: Use divergence to identify potential pullbacks within a trend.

Breakout Trading: Confirm breakout strength by checking for the absence of bearish divergence.