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pekipek
12 aug 2014 19:23

Pekipek's PPO Divergence BETA 

Gold/U.S. DollarFXCM

Beskrivning

Beta divergence indicator, you can exchange the Price Percentage Oscillator (PPO) for any oscillator. You can play around with the look-back period if you want to use long term divergences.
WARNING:
Because its impossible to make the look-back period of the lowest/highest functions dynamic, the indicator can plot divergences sometimes at places where there are none, however in my experience this does not occur so much. Also it is impossible to plot isolated lines, so its hard to visually see which divergence(s) exactly is(are) being signaled. Once these features become possible I can really refine the indicator.
Kommentarer
Isma_009
repaint, nice indicator for lose money
CnsAd
@Isma_009, repaint on div bullets (orange and purple ones)?
or sth else?
scarf
Huge fan of this indicator, Pekipek. Thanks!

I did a version with alerts and slightly remixed visuals: tradingview.com/script/cwuXC9xQ-PPO-Divergence-Alerts/
kris00l
Thanks Pekipek ... probably can you update and bring this out of BETA? :) ... Hey Scarf .. thanks for sharing your code.
BartVeldkamp
@scarf, Run into this indicator, looks promising. Question I have, does it repaint?
geferok
@scarf, Hi could you share your improved version?
bobbertoswald
Can you explain what the different color dots mean?
binaryking
I hate to sound stupid but how does a person create a Alert when the tops and bottom dots show up?
Forsat11
Hi. How to reduce false signals ???
Forsat11
@Forsat11, How to understand what will be the growth ???
Large or small ???
Mer