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RSI Divergence

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What is "RSI Divergence"?
"RSI Divergence" is a indicator that find RSI divergence automatically.

What it does?
When it finds an RSI divergence, it draws a line on the indicator.

How it does it?
The lines are found using the least squares method. If the signs of the linear regression on the graph and the linear regression plotted on the RSI are different, this is considered divergence.

How to use it?
RSI lenght = RSI lenght
source = source of RSI
RSI Divergence Lenght = lenght of lines that draws on indicator
zoom = zoom
examples:
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Nota Keluaran
from now on we have a strategy for this indicator: https://tr.tradingview.com/script/ASVRhqFM/
Nota Keluaran
buy and sell alert added. alarms are triggered (in real time) without waiting for the close on each candle when the conditions are met.
syot kilat
Nota Keluaran
From now on, you can see previous divergences, with newly added inputs.
price scale has changed.
Nota Keluaran
Thanks to the new "force overlay" function added to Pinescript after I published this indicator, we can now draw lines showing divergences both on the RSI and on the main chart.
Nota Keluaran
some bugs fixed.
Nota Keluaran
It now shows all divergences, not just the latest ones, including past ones.
Nota Keluaran
Labels have been added to understand exactly which bar gives divergence signals. Additionally, alarm options have been diversified.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.