SIGNALSDIVERGENCE
Divergence
Indicators that automatically detect divergence, when price and an oscillator move in opposite directions. It’s used as a sign that trend momentum is fading and as a clue for spotting tops and bottoms.
Detection accuracy depends heavily on which oscillator is used, such as RSI or MACD, and which highs and lows get compared. And a divergence doesn’t mean the trend is over; trends often keep running anyway. We dig into the detection rules and rate each script on whether it handles hidden divergence and how it behaves when the signal fails.
