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RSI Divergence Tops + Bottoms

RSI Indicator which plots local peaks and troughs in divergence.

Divergence is specified as:
- A higher price, with reduced RSI --> Potential Sell Point
- A lower price, with higher RSI --> Potential Buy Point

RSI Divergence should be used in combination with other indicators. This indicator identifies local tops and bottoms, with potential for macro trend shifts.

Read more about trading RSI Divergence on Investopedia here: https://www.investopedia.com/trading/tra...
Keluarkan daripada Skrip Pilihan Tambah kepada Skrip Pilihan
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Komen

Hi. I am using RSI Divergence since 2012 and its goes wonder specially in Side Ways market in 15 minute chart in Intraday in Indian Stock Exchange.
+1 Balas
Please more light on how to use. I don't really get this.
Balas
Hi
this script is wonderful, how can i use it in my mt4?
Balas
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