Divergences Refurbished 🔍✨

Just as "a butterfly can flap its wings over a flower in China and cause a hurricane in the Caribbean" (Edward Lorenz), small divergences in markets can signal big trading opportunities.

This is a script forked from LonesomeTheBlue's Divergence for Many Indicators v4.
It is a script that checks for divergence between price and many indicators.

In this version, I added more indicators and also added 40 symbols to check for divergences.
More info on the original script can be found here:

✅ The script is available free of charge on the TradingView platform, under the MPL 2.0 open source license, for both personal and commercial use, provided proper attribution is given.

It can be accessed at the following URL:

https://www.tradingview.com/script/XOlWBNuN-Divergences-Refurbished/

☕ Donations are welcome to support and encourage my work.

What Makes This System Extraordinary? 🌟

The Most Comprehensive Indicator Arsenal 🛠️

Forget about choosing between different oscillators – this system monitors 15+ professional-grade indicators simultaneously:

Classic Momentum Masters:

• MACD & MACD Histogram (the time-tested veterans) 📊
• RSI & Stochastic RSI (momentum's dynamic duo) ⚡
• Stochastic Oscillator (the range-bound specialist) 🎯

Volume Analysis Powerhouses:

• OBV, CMF, MFI (following the smart money) 💰
• Volume Oscillator & Price Volume Trend (the volume whisperers) 📈

Advanced Technical Artillery:

• CCI, Momentum, Ultimate Oscillator 🚀
• Fisher Transform (the probability transformer) 🔄
• Z-Score/T-Score (statistical precision at its finest) 📐

Plus 4 External Indicator Slots: Connect your favorite custom indicators for ultimate flexibility! 🔗

Global Market Intelligence Network 🌍

Here's where things get truly exciting – this isn't just about price vs. indicators anymore.

The system monitors 40 carefully curated global symbols across every major market:

Stock Market Powerhouses: 📈

• US Giants: Russell 3000, NASDAQ QQQ, S&P 500 Equal Weight
• European Champions: DAX, FTSE 100, Euro Stoxx 600
• Asian Dragons: Nikkei 225, Hang Seng, ASX 200
• Emerging Stars: Brazil ETF, World VT

Commodity Command Center: 🏭

• Precious Metals: Gold 🥇, Silver 🥈, Copper 🏭
• Energy Universe: Crude Oil 🛢️, Natural Gas 🔥, Uranium ☢️
• Agriculture: Corn 🌽, Wheat 🌾, Cattle 🐂

Currency & Bond Intelligence: 💱

• FOREX Matrix: DXY (inverted), Asian currencies (TWD, KRW, CNY), emerging markets (INR, BRL)
• Treasury Yields: US 1Y & 10Y, Japan 10Y, Brazil 10Y 🏦

Crypto & Innovation: 🚀

• Crypto Ecosystems: Total Market Cap, TOTAL2, TOTAL3, DeFi Market Cap
• Innovation Proxies: ARK Innovation ETF, Blockchain ETF
• Fear & Volatility: VIX (inverted) 😱

Revolutionary Detection Capabilities 🔬

Dual-Mode Analysis:

• Regular Divergences: Classic price vs. indicator disagreements
• Hidden Divergences: Subtle continuation patterns most traders miss
• Symbol vs. Symbol: Cross-market divergence analysis (the secret sauce!)

Smart Visual System:

• Color-coded labels with customizable emojis and text 🎨
• Tooltips with complete divergence details
• Support/resistance levels at divergence points
• Adjustable label positioning for clean charts

Professional Alert Arsenal: 🚨

• 22 different alert types covering every possible scenario
• Individual indicator alerts
• Combined divergence alerts
• Symbol-specific notifications
• Master "any divergence" alert for maximum coverage

Real-World Trading Applications 💼

Multi-Asset Strategy Development 🌐

Imagine spotting a bearish divergence between SPY and European markets while gold shows bullish divergence – that's the kind of market intelligence this system provides. You're not just trading a single asset; you're reading the entire market's emotional state.

Risk Management Excellence ⚖️

When traditional indicators agree but global symbols diverge, you know something big is brewing. This early warning system helps you position before the crowd realizes what's happening.

Sector Rotation Timing 🔄

Track divergences between different market sectors through the carefully selected symbol universe. Spot when money is flowing from growth to value, from domestic to international, or from traditional assets to crypto.

The Technical Brilliance Behind the Scenes ⚙️

Professional Library Integration 📚

Built on solid foundations with specialized libraries:

• MomentumIndicators/2: Advanced momentum calculations
• VolumeIndicators/3: Professional volume analysis
• TrendIndicators/3: Sophisticated trend detection
• VolatilityIndicators/8: Comprehensive volatility measures

Intelligent Configuration System 🧠

• Customizable Parameters: Every indicator fully adjustable to your trading style
• Smart Defaults: Professional settings that work out of the box
• Flexible Display Options: From minimal abbreviations to full detailed labels
• Performance Optimized: Handles massive calculations without lag

Community-Proven Performance 🏆

With 587 boosts and 12,708 active users on TradingView, this isn't just another indicator – it's a proven system trusted by thousands of traders worldwide.

Why Traders Are Obsessed With This System 💰

Clarity in Chaos: Financial markets are noisy, but divergences cut through the noise like a laser. This system makes the invisible visible.

Edge Through Information: While others analyze single charts, you're analyzing entire market ecosystems for interconnected opportunities.

Professional Grade: This isn't amateur-hour technical analysis. It's institutional-quality research tools accessible to every trader.

Time Efficiency: Instead of manually checking dozens of indicators and symbols, get comprehensive market intelligence in a single glance.

Perfect For Every Trading Style 🎯

• Swing Traders: Spot major turning points before they happen
• Day Traders: Quick confirmation for intraday moves
• Position Traders: Long-term market structure analysis
• Multi-Asset Managers: Portfolio-wide divergence monitoring
• Risk Managers: Early warning system for market regime changes

Getting Started on Your Divergence Journey 🚀

Add this powerhouse to your charts and prepare to see markets differently. Start with the default settings to understand the basic patterns, then customize the 40 symbols and indicator parameters to match your trading universe.

The beauty lies not just in detecting divergences, but in understanding the intricate relationships between global markets that most traders never see. This system doesn't just show you what's happening – it shows you what's about to happen.

Transform your trading with the most comprehensive divergence detection system ever created. Because in trading, seeing what others miss isn't just an advantage – it's everything. 🎯✨