Huraian ⋅ 27 Ogs 2023 pukul 09.13 This indicator is the simple version of my indicator: RSI Screener and Divergence .Only show table with values, signals at 5 custom timeframes. ----- I reused some functions, made by (i believe that): ©paaax: The table position function.@kingthies : The RSI divergence function.@QuantNomad : The function calculated value and array screener for 40+ instruments. I have commented in my code. Thanks so much! -----How it works: 1. Input :Length of RSI => calculate RSI. Upper/lower => checking RSI overbought/oversold. Right bars / left bars => returns price of the pivot low & high point => checking divergence. Range upper / lower bars => compare the low & high point => checking divergence. Timeframe => request.security another time frame. Table position => display screener table. 2. Input bool:Regular Bearish divergence. Hidden Bullish divergence . Hidden Bearish divergence. 3. Basic calculated:Make function for RSI , pivot low & high point of RSI and price. Request.security that function for earch time frame. Result RSI, Divergence. 4. Condition of signal: Buy condition:RSI oversold (1) Bullish divergence (2). => Buy if (1) and (2), review buy (1) or (2). Sell condition:RSI overbought (3). Bearish divergence (4). => Sell if (3) and (4), review sell (3) or (4). ----- Table screener:Time frame. RSI (green - oversold, red - overbought) Divergence (>> - regular bullish , << regular bearish , > - hidden bullish , < - hidden bearish ). Signal (green ⦿ - Buy, red ⦿ - Sell, green 〇 - review buy, red 〇 - review sell). - Regular Bearish divergence: - Regular Bullish divergence: - Regular Bullish divergence + RSI overSold - Regular Bearish divergence + RSI overBought -----This indicator is for reference only, you need your own method and strategy. If you have any questions, please let me know in the comments.
Nota Keluaran ⋅ 24 Okt 2023 pukul 11.01 Add up RSI MA.
Nota Keluaran ⋅ 24 Okt 2023 pukul 11.05 sorry! i update its code again
Nota Keluaran ⋅ 18 Feb 2024 pukul 01.07 Optimizing the code Add theme color
Nota Keluaran ⋅ 18 Feb 2024 pukul 01.09 wrong content
the only thing is: with divergence right number of 5 the signales come very late
do you think you could use » tradingview.com/script/tbrsp75I-Better-Divergence-On-Any-Indicator-DoctaBot/
for the divergence instead? it is faster and needs only 1 for the right number and delivered good results.
Thank you 🙏