OPEN-SOURCE SCRIPT
Updated PPO Divergence Alerts 2.0
This is basically the same code as my other PPO Divergence indicator expect it overlays the signal on the candles, rather than needing the oscillator. I'm keeping the old version, as I'm sure people will prefer it, but this version takes up less screen real estate.
Release Notes
- Fixed an issue with lag, thanks to ClicksThree who spotted it- Also made the top/bottom arrrows show by default
Release Notes
Updated to v4, more alert options added, and basic trend filtering added. All signals show like before but counter trend signals are now transparent, to avoid more losing trades. If you don't want this, go into settings and remove transparency and it will behave like version 2.0
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.