Stochastic Divergence

The indicator displays divergence and convergence on all instruments. It works on all timeframes.

After finding divergence/convergence, the indicator draws a Buy or a Sell arrow according to the detected signal. 

Settings

• Buy - show buy signals
• Sell - show sell signals
• Divergence - show divergence on the chart
• Convergence - show convergence on the chart
• KPeriod, DPeriod, Slowing - Stochastic settings
• drawPriceTrendLines - draw a line (of divergence/covergence) on a price chart
• drawIndicatorTrendLines - draw a line (of divergence/covergence) on the indicator graph
• ColorBullishTrendLines, ColorBearishTrendLines - arrow and line color