Divergence indicators and scan

Thanks for taking the time to post your questions in the Q&A forum. Most often I receive these sorts of questions submitted along with the order form. In this case, your question will be able to benefit the rest of our viewers who have similar questions.

Whenever you reference a resource of any kind, it is always best to provide a link to that resource. This applies regardless whether that resource is part of this website or not. So, here is a link to the demo videos you referenced in your request:

For Thinkorswim: https://www.hahn-tech.com/thinkorswim-divergence-lines-upgrade/

For TradeStation: https://www.hahn-tech.com/tradestation-divergence-lines-indicator/

For Sierra Chart: https://www.hahn-tech.com/sierrachart-divergence-lines-indicator/

Having provided those links, now we are certain the rest of our viewers will have the full context of your questions. I will now respond to each of your questions using numbered bullet points so you can easily match the answers to your questions:

1. So there are two versions of Standard Divergence indicators. One covers two lower plots of the MACD. The other covers two lower plots as well, but in this case it covers plots from two separate studies. The Stochastic and the RSI. Your question was: do the "...divergence indicators complement each other...". There is no yes or no answer. It depends entirely on what tools you are presently using for divergence. If you are presently using MACD for divergence, then that is the tool for you. If you are presently using Stochastic, then you can choose the other. Likewise if you are currently using RSI for divergence. The main point to consider here is this: "Are you presently using divergence in your trading methodology?". If not, well perhaps neither of these indicators are for you.
2. Standard versus hidden divergence. You say you got the impression one was better than the other. I am very sorry to hear you came away with that impression. Because they are completely different indicators and are used for completely different purposes. One measures potential trend reversals while the other measures potential trend continuations. Trying to say one is better is like saying a hammer is better than a screw driver. It depends entirely on the task at hand. You cannot compare one to the other in terms of efficacy. Perhaps you need to spend some more time reading up on hidden divergence, as suggested in the video.
3. For Thinkorswim, yes. For other platforms, no. Wherever possible, I do my best to protect my intellectual property. However in order to serve the users of Thinkorswim I must be willing to serve in an environment in which it is impossible to protect intellectual property. This is the very reason most developers avoid writing really awesome tools for Thinkorswim.

Again, thanks for taking the time to post these excellent questions in the Q&A forum. I always prefer folks have all the facts before making a purchase. More importantly, I always want my indicators to be purchased by those that already understand how they will incorporate them into their existing trading methodology.