Divergence Strategy [Trendoscope®]

Divergence Strategy [Trendoscope®] at a glance

Kind of rule	Joining a move (trend following)
Buys or sells	The code does not say whether it buys, bets on falling prices, or both.
Built on	CMO, CCI, MFI, Rate of change, RSI, Stochastic, Williams %R, center of gravity
Where it was published	TradingView, by its author, as a Pine Script strategy
Result	no finished try; every run errored or timed out
Page updated	2026-11-08

Divergence Strategy [Trendoscope®] backtest results, every cell

There is no cloud of cells to draw. The frame below says why.

How Divergence Strategy [Trendoscope®] works

Rules in this group usually work like this. It waits until price is already moving, then joins that move. It is wrong in small ways many times, and right in a large way a few times. The hard part is the stretch where price chops around and every entry is a fake. The next paragraph is this particular rule, which can be narrower than the group.

The code does not say whether it buys, bets on falling prices, or both. It acts only when several checks agree at once. It leans on CCI, Chande momentum, center of gravity, money flow index; those names are explained on their own pages, further down. The exact line is in the list below, in the author's names, and you can skip that list. It gets out when another set of checks agrees. That line is in the list below too.

Each trade uses 20 percent of the account. It can stack up to 4 trades in the same direction.

The exact condition, from the code

Same rule, translated from the code, in the author's names. You can skip this list if the paragraph above was enough.

• Closes the position when Cancel On Break (on).

Buys or sells	The code does not say whether it buys, bets on falling prices, or both.
Tools it calculates	CMO, CCI, MFI, Rate of change, RSI, Stochastic, Williams %R, center of gravity
A second chart speed	No. It uses one chart speed only.
Only at certain hours	No.
Adding to a trade	It can stack up to 4 trades in the same direction.
How much it trades	Each trade uses 20 percent of the account.
Cost the author assumed	The author assumed a trading cost of 0.1 percent per side.

Default settings

The test used the defaults in the middle column. Nothing was turned to help a coin.

Setting	Default	Group
Direction	Long	Trade
Divergence	Both	Trade
Entry/Exit Type	Cautious	Trade
Risk/Reward	2	Trade
Use Market Order	off	Trade
Cancel On Break	on	Trade
Oscillator	rsi	Oscillator
length	14	Oscillator
Use External Oscillator	off	Oscillator
external oscillator	close	Oscillator
Trend Detection Method	Zigzag	Trend
MA Filter	SMA	Trend
ma length	200	Trend
External Trend Signal	close	Trend
Length	13	Zigzag

How the backtest was run

Every strategy was tried the same way, on the settings the author published.

The years are October 2021 to June 2026. The prices are from Bybit, for 13 widely traded coins, mostly on hourly, 4-hour and daily charts, with some faster charts. That was 47,242 tries. The window stored in the files is 2021-09..2026-06.

599 rules produced a finished try. A rule that finished above zero on at least 12 cells, before any fee, was tried again with a fee of 0.12 percent per side. Only buys are counted in that second try. 273 rules got it.

The method, the aggregate results and a downloadable table are on the study page. What the desk does with the results beyond these pages is its own.

It was one of the over 600 rules in the screen, but every try errored or timed out, so it has no result. That is a problem running this script, not a finding about the market.

How to read the result

How to read the number

There is no finished result on this page. A try that did not finish is not a finding about the market.

What this does not show

The useful question, for a rule that joins a move already underway, is what it gave back in the choppy months when there was no trend to join.

There is no cell to single out, and this note does not invent one. Other years, another exchange, or another fee would be a different measurement.

Questions about Divergence Strategy [Trendoscope®]

Words used on this page

Backtest

The rule was tried on old prices. No real money moved.

Cell

One coin on one chart speed. Bitcoin every 4 hours is one cell. Bitcoin once a day is another.

Chart speed

How often a new price bar is drawn. 15m means every 15 minutes, 1h means hourly, 4h means every 4 hours, 1D means once a day.

Fee, per side

A cost taken each time the rule trades. Per side means once on the way in and once on the way out.

Median

Line the cells up from the biggest loss to the biggest gain. The median is the middle one. Half the cells did better and half did worse.

Drawdown

The deepest fall from a high point along the way, as a percent of the account at that high.

Above zero

The account finished with more than it started.

The indicators Divergence Strategy [Trendoscope®] uses

Each has its own page: what it measures, how it is read, where it misleads.

• Chande momentum oscillator (CMO): momentum without the smoothing
• CCI (commodity channel index): price against its own mean deviation
• Money flow index (MFI): the RSI of volume-weighted price
• Rate of change (ROC) and momentum: the simplest measures of speed
• RSI (relative strength index): the formula, the 70/30 rule, and why it misleads in trends
• Stochastic oscillator: where the close sits in the recent range, and what that does and does not tell you
• Williams %R: the stochastic turned upside down

"Divergence Strategy [Trendoscope®]" was published on TradingView by its author, under the author's own license. This page is an independent reading of those rules and of what they did on these old prices. It is not written with the author, and it is not a recommendation. Not every detail survives the translation onto this page, so read the original before you rely on it.