OPEN-SOURCE SCRIPT
RSI & Volume Divergence Signal
Thought for a second
Introducing the Dual Divergence Trading Indicator – your secret weapon to unlock hidden market reversals with precision and confidence.
Key Features:
Dual Confirmation: Simultaneously analyzes divergences between price and RSI as well as price and volume. When both indicators align, you receive clear BUY or SELL signals, reducing false entries.
Dynamic Pivot Detection: Utilizes advanced pivot algorithms to pinpoint key highs and lows, ensuring that divergence signals are both timely and reliable.
Visual Clarity: Bold “BUY” and “SELL” labels are plotted directly on your chart, making it easy to see potential trade opportunities at a glance.
Customizable Settings: Fine-tune the lookback period and RSI parameters to suit your trading style and the unique dynamics of different markets.
Built with Pine Script™ v6: Engineered for performance and accuracy on TradingView, giving you a competitive edge in fast-moving markets.
Why Choose Dual Divergence?
In today's volatile markets, relying on a single indicator can be risky. Our Dual Divergence Trading Indicator brings you the best of both worlds by confirming divergence signals through two independent sources—RSI and volume. This dual confirmation helps you identify genuine trend reversals before they unfold, so you can enter trades with greater confidence.
Whether you’re a seasoned trader or just starting out, this indicator empowers you to make data-driven decisions, cut through market noise, and stay one step ahead of the competition.
Elevate your trading strategy and discover hidden opportunities with the Dual Divergence Trading Indicator—because in trading, precision makes all the difference.
Feel free to adjust the parameters and settings to align with your personal trading style and market preferences. Happy Trading!
Introducing the Dual Divergence Trading Indicator – your secret weapon to unlock hidden market reversals with precision and confidence.
Key Features:
Dual Confirmation: Simultaneously analyzes divergences between price and RSI as well as price and volume. When both indicators align, you receive clear BUY or SELL signals, reducing false entries.
Dynamic Pivot Detection: Utilizes advanced pivot algorithms to pinpoint key highs and lows, ensuring that divergence signals are both timely and reliable.
Visual Clarity: Bold “BUY” and “SELL” labels are plotted directly on your chart, making it easy to see potential trade opportunities at a glance.
Customizable Settings: Fine-tune the lookback period and RSI parameters to suit your trading style and the unique dynamics of different markets.
Built with Pine Script™ v6: Engineered for performance and accuracy on TradingView, giving you a competitive edge in fast-moving markets.
Why Choose Dual Divergence?
In today's volatile markets, relying on a single indicator can be risky. Our Dual Divergence Trading Indicator brings you the best of both worlds by confirming divergence signals through two independent sources—RSI and volume. This dual confirmation helps you identify genuine trend reversals before they unfold, so you can enter trades with greater confidence.
Whether you’re a seasoned trader or just starting out, this indicator empowers you to make data-driven decisions, cut through market noise, and stay one step ahead of the competition.
Elevate your trading strategy and discover hidden opportunities with the Dual Divergence Trading Indicator—because in trading, precision makes all the difference.
Feel free to adjust the parameters and settings to align with your personal trading style and market preferences. Happy Trading!
Skrip sumber terbuka
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Anda boleh menyukainya untuk menggunakannya pada carta.
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Penafian
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