</> Codebase - divergence

Custom blocks can be imported into Algowiazrd and utilized within its builder interface or during strategy development. These custom blocks cover fundamental indicators for strategies in the X category and are specifically designed to detect divergences, whether bullish or bearish.

Divergences have long been a favorite tool among technical analysts and systematic traders. They provide early clues that price trends might be losing momentum or are about to reverse. In this post, we dive deep into the world of divergences—from the underlying theory to practical implementation insights, along with key parameters that fine-tune divergence detection.