RSI Screener and Divergence [5ema]

24 Mac 2023

• Displayed on the RSI chart according to a custom timeframe.
  
• Displays the RSI tracking table of various timeframes.
  
• Identify normal divergence, hidden divergence on RSI chat.
  
• Show buy and sell signals (strong, weak) on the board.
  
• Send notifications when RSI has a buy or sell signal.
  

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I reused some functions, made by (i believe that):

• *©paaax: The table position function.*@everget: The RSI divergence function.*@QuantNomad: The function calculated value and array to show on table for input symbols.

I have commented in my code. Thanks so much!
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How it works:
1. Input :

• input.int length of RSI => calculate RSI.
  
• input.int upper/lower => checking RSI overbought/oversold.
  
• input.int right bars / left bars => returns price of the pivot low & high point => checking divergence.
  
• input.int range upper / lower bars => compare the low & high point => checking divergence.
  
• input.timeframe => request.security another time frame.
  
• input.string table position => display screener table.
  

2. Input bool:

• plot RSI on chart.
  
• Plot Regular Bullish divergence .
  
• 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).
  

5. Table screener:

• Time frame.
  
• RSI (green - oversold, red - overbought)
  
• Divergence (⬈⬈ - regular bullish , ⬊⬊ regular bearish , ⬊ - hidden bullish , ⬈ - hidden bearish ).
  
• Signal (🟢 - Buy, 🔴 - sell, green 〇 - review buy, red 〇 - review sell)
  

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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.

24 Mac 2023

Nota Keluaran

Update the reused code:
Reused some functions from. I believe made by:

• ©paaax: The table position function.
• kingthies: The RSI divergence function.
  
• QuantNomad: The function calculated value and array screener for 40+ instruments.
  

Thanks!

24 Mac 2023

Nota Keluaran

Update chart sample.
thanks!

27 Mac 2023

Nota Keluaran

Change the signal shape: 🔴 - > red ⦿
Reason: Pine updated not support.
Thanks

27 Mac 2023

Nota Keluaran

Update divergence shape.
Reason: Pine changed to support.

28 Mac 2023

Nota Keluaran

Update signal shape.
Final:
>>: Regular Bull Divergence.
<<: Regular Bear Divergence.
>: Hidden Bull Divergence.
<: Hidden Bear Divergence.
Green ⦿: Buy.
Red ⦿: Sell.
Green 〇: Review Buy.
Red 〇: Review Sell.
---
Reason change: Pine update not to support special symbol.
Thanks.

3 Apr 2023

Nota Keluaran

Updated Alert conditions and message.

5 Apr 2023

Nota Keluaran

Update:

• Modified Alert.
  
• Select only strong signal or all.
  

Thanks!

11 Apr 2023

Nota Keluaran

Update position of signal.
thanks!

11 Apr 2023

Nota Keluaran

Some bros recommend me to return the signal shape to the original.
thanks.

22 Apr 2023

Nota Keluaran

Update: Add the Alert for Regular Divergence (review Buy, Sell).
thanks!

24 Apr 2023

Nota Keluaran

Update: changed title and short title
thanks!

24 Ogo 2023

Nota Keluaran

Update:

• Position some items.
  
• Tooltip of some items.
  

24 Ogo 2023

Nota Keluaran

Update:
Change content of Alert.

24 Okt 2023

Nota Keluaran

add RSI MA

24 Okt 2023

Nota Keluaran

add Overbought and Oversold fill color

6 Nov 2023

Nota Keluaran

Add strong signal condition

7 Nov 2023

Nota Keluaran

modify condition

18 Feb

Nota Keluaran

• Optimizing the code
  
• Add theme color