Divergences + Alerts (ANY Indicator)

16 thg 10

📊 Divergences + Alerts (ANY Indicator)
This versatile indicator detects four types of divergences between price action and an oscillator:

Buyer Exhaustion

Buyer Absorption

Seller Exhaustion

Seller Absorption

Each divergence type is automatically identified and visually marked on the chart with colored lines. The indicator also includes built-in alert conditions for all four divergence types, allowing traders to receive real-time notifications when potential reversal signals occur.

By default, the oscillator is a candle-style visualization of the Money Flow Index (MFI), enhanced with volatility filtering via a VWMA-based ATR. However, users can replace the default MFI oscillator with any external source using the “Plug External Source” input, enabling full customization and compatibility with other indicators.

Key features:

🔍 Detects both exhaustion and absorption divergences

🔔 Alerts for each divergence type

🕯️ Candle-style oscillator visualization

🔌 Optional input for external indicator sources

⚙️ ATR-based filtering for precision

Ideal for traders seeking to spot early signs of trend reversals or momentum shifts with customizable flexibility.

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