Composite Index by Constance Brown mixed with built-ins Divergence Indicator useful indicator to find divergence this script find divergence automatically for you
Show the divergence between two moving averages. If there is a cross between 20 and 60, it is a significant short-term trend change. Look at the color of the area. I can see the main trend at the moment. The center of the change is the intersection of the two MA
The script is developed to find Divergence/Convergence for various indicators it counts number of Divergence/Convergence and draws arrow Arrow length changes according to number of Divergence/Convergence that means if there is Divergence/Convergence on one indicator then arrow length = 1 if there is Divergence/Convergence on two indicator then arrow length = 2...