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Momentum Double Divergence Pro for TradingView

Momentum Double Divergence Pro for TradingView
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Price: $80.00USD $50.00USD

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Momentum Double Divergence Pro for TradingView

Stop Guessing Reversals. Spot Multi-Bar Divergence Confirmation in Real Time.

Momentum Double Divergence Pro is a high-precision TradingView indicator designed to eliminate fakeouts and capture market turns with confidence. Unlike standard divergence tools that react to single price swings, this script analyzes double-swing momentum structures across customizable bar ranges, delivering clean, actionable signals on both the main chart and oscillator subpane.

Key Features

  • Dual-Swing Divergence Detection
     
    Identifies both Regular (trend reversal) and Hidden (trend continuation) divergences by tracking two distinct price swing points rather than relying on a single, isolated peak or trough.
  • Multi-Range Scanning Capabilities
     
    Select from ShortRange, MidRange, or LongRange scanning modes to tailor your analysis to scalp, day trade, or swing trade setups across any asset class.
  • Dual-Panel Visual Markers
     
    Plots clear visual connections and R (Regular) / H (Hidden) markers directly on price candles using ATR-based offsets while simultaneously rendering indicator lines in the subchart pane.
  • Noise-Reduction & Confirmation Filters
     
    Includes an optional Wait 1 Bar confirmation rule (requiring candle direction alignment) alongside an Enhanced Mode that filters out inconsistent market structure setups.
  • Clutter-Free Chart Management
     
    Limit repetitive signals with the built-in Only Show Last Same-Type Signal parameter to keep your chart uncluttered and focused on high-conviction trades.
  • Real-Time Automated Alerts
     
    Configure custom TradingView alerts for Regular Bullish, Hidden Bullish, Regular Bearish, and Hidden Bearish triggers to never miss a trade opportunity.

Regular vs. Hidden Divergence Coverage

Divergence Type Market Action Indicator Signal Strategic Focus
Regular Bullish Price forms lower lows Momentum forms higher lows Trend Reversal: Capitalize on seller exhaustion
Hidden Bullish Price forms higher lows Momentum forms lower lows Trend Continuation: Join an ongoing uptrend on dips
Regular Bearish Price forms higher highs Momentum forms lower highs Trend Reversal: Capitalize on buyer exhaustion
Hidden Bearish Price forms lower highs Momentum forms higher highs Trend Continuation: Join an ongoing downtrend on rallies

Flexible Technical Specifications

  • Asset Compatibility: Stocks, Forex, Crypto, Futures, and Indices.
  • Timeframe Agnostic: Engineered to perform seamlessly from 1-minute scalping charts to Daily/Weekly macro views.
  • Pine Script Version: Native Pine Script v6 for maximum performance, multi-overlay drawing capabilities, and subsecond chart updates.
  • Customization Controls: Complete user control over lookback periods, swing search depth, line widths, and color schemes.

Frequently Asked Questions

Does this indicator repaint past signals?
 
No. When using the default bar confirmation settings, signals and drawings evaluate strictly on confirmed bar closes, ensuring that past historical signals match real-time alert behavior.
 
Can I use this indicator on TradingView's free tier?
 
Yes. Momentum Double Divergence Pro runs smoothly across all TradingView plans (Free, Essential, Plus, Premium).
 
How do I receive alerts?
 
You can create standard TradingView alerts directly from the indicator settings menu to receive push notifications, webhooks, or email notifications whenever a divergence signal conditions met.
 

 
 Looking for the complete mathematical breakdown, step-by-step optimization guides, and advanced trading strategies? Explore our comprehensive documentation:

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Tags: DMI Double Divergence, Divergence, TradingView,
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