DIVERGENCE MANY Trading Guide

The Divergence for Many Indicators is an institutional-grade, multi-dimensional scanner. It simultaneously analyzes up to 10 classic technical indicators (RSI, MACD, OBV, etc.) to automatically detect both Regular and Hidden divergences without bogging down chart performance.

What does the indicator show?

• Historical Pivot Lines: Dashed and solid lines drawn directly on the chart, connecting the exact structural anchor points where the divergence was formed.
• Consolidated Labels: Elegant, customizable tooltip boxes mapping out exactly which indicators (e.g., RSI, MACD, MOM) triggered the divergence at a specific peak or valley.
• Confirmation Markers: Bright execution arrows that appear on the live candle the exact moment the divergence is mathematically confirmed.

Key Settings

• Divergence Type: Choose to scan exclusively for Regular divergences (reversals), Hidden divergences (trend continuations), or Both simultaneously.
• Indicator Toggles: 10 separate checkboxes to precisely select which mathematical models (RSI, MACD, Stoch, CCI, Momentum, OBV, VWMACD, CMF, MFI) are included in the consensus scan.
• Min Divs to Show: A strict filter. Setting this to 3 means a signal will ONLY trigger if at least 3 distinct indicators agree on the divergence simultaneously.

How to use Strategy Parameters (Condition Source)

Because this indicator acts as a consensus engine, its Strategy outputs are incredibly powerful for algorithmic trading.

1. Consensus Triggers

The indicator emits strict boolean triggers based on the cumulative agreement of the selected underlying oscillators.

• Any Bullish / Bearish Divergence — Fires True (1) if the minimum consensus threshold is met for ANY type of divergence.
• Regular Bullish / Hidden Bullish Div — Highly specific flags allowing you to differentiate between betting on a reversal vs. buying a trend continuation dip.
• Bullish / Bearish Div Count — The raw integer representing exactly how many indicators agreed on the divergence.

Strategy Example: An ultra-conservative strategy might execute a Long entry only when the Bullish Div Count >= 4 AND the broader market structure is in an uptrend.