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Forex PPP Divergence Mapping Tool
Forex PPP Divergence Mapping Tool
This indicator applies a Purchasing Power Parity (PPP)–based Smart Money Technique (SMT) divergence framework to Forex pairs. It compares price action between mapped currency components on a higher timeframe, highlighting divergences where one leg of a pair creates a new high/low while the other does not.
How it works:
- The script automatically maps the selected Forex pair to its PPP-related components.
- For each higher timeframe candle, the tool checks if one component makes a new high or low while the other fails to confirm.
- When a divergence is detected, it is displayed on the chart with:
A line connecting divergence points.
A colored box marking the price range.
An optional label ("Divergence") above the signal.
How to use:
- Apply on Forex pairs that are supported by the PPP mapping logic.
- Use divergences as potential signals of inefficiencies or shifts in intermarket alignment.
- Combine with your own trade confirmation methods for entries or exits.
Customization:
- Enable or disable labels and boxes.
- Adjustable box transparency.
- Selectable higher timeframe for analysis (from intraday to monthly).
Alerts:
- Bullish PPP Divergence detected.
- Bearish PPP Divergence detected.
Notes:
- Works only on mapped Forex pairs (error message is displayed otherwise).
This indicator applies a Purchasing Power Parity (PPP)–based Smart Money Technique (SMT) divergence framework to Forex pairs. It compares price action between mapped currency components on a higher timeframe, highlighting divergences where one leg of a pair creates a new high/low while the other does not.
How it works:
- The script automatically maps the selected Forex pair to its PPP-related components.
- For each higher timeframe candle, the tool checks if one component makes a new high or low while the other fails to confirm.
- When a divergence is detected, it is displayed on the chart with:
A line connecting divergence points.
A colored box marking the price range.
An optional label ("Divergence") above the signal.
How to use:
- Apply on Forex pairs that are supported by the PPP mapping logic.
- Use divergences as potential signals of inefficiencies or shifts in intermarket alignment.
- Combine with your own trade confirmation methods for entries or exits.
Customization:
- Enable or disable labels and boxes.
- Adjustable box transparency.
- Selectable higher timeframe for analysis (from intraday to monthly).
Alerts:
- Bullish PPP Divergence detected.
- Bearish PPP Divergence detected.
Notes:
- Works only on mapped Forex pairs (error message is displayed otherwise).
保護スクリプト
このスクリプトのソースコードは非公開で投稿されています。 無料かつ制限なしでご利用いただけます ― 詳細についてはこちらをご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
保護スクリプト
このスクリプトのソースコードは非公開で投稿されています。 無料かつ制限なしでご利用いただけます ― 詳細についてはこちらをご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。