I have tested a Tradingview price divergence strategy described here on a 5 minute intraday Nifty futures chart.
Entry rules are based on trading a divergence in the direction of a trend. The trend is determined by a Murray Math oscillator and divergence in the direction of trend is determined by one of 6 options MACD.RSI,Volume, Stochastics, CCI. The divergence either regular of hidden has to be in the direction of a trend.
The equity curve on CCI divergence on 5 Minute Nifty futures chart looks like this one.
The strategy settings used are here.
The strategy results for largest profit and loss trades are here.
The strategy looks promising as an intraday Nifty futures trading strategy.
The chart on a backtest looks like this.
The alerts can be set on Buy and Sell signals on TradingView.