RSI Divergence + MTF Panel

anteayer

RSI Divergence + MTF Panel

📊 Short Description
A powerful indicator for detecting RSI divergences with a multi-timeframe panel that helps traders find high-quality trading opportunities across different time intervals.

✨ Key Features

🎯 Automatic Divergence Detection
- **Bullish Divergence**: Price makes lower lows while RSI makes higher lows
- **Bearish Divergence**: Price makes higher highs while RSI makes lower highs
- Visual divergence marking with lines on the chart
- Customizable colors and line styles

📈 Multi-Timeframe Panel (MTF)
- Displays RSI from 4 fixed timeframes simultaneously (5m, 15m, 1H, 4H)
- Color-coded RSI levels:
- 🔴 Red: RSI > 70 (overbought)
- 🟢 Green: RSI < 30 (oversold)
- ⚪ White: RSI between 30-70 (neutral zone)

⚙️ Flexible Settings
- RSI period (default 14)
- Divergence detection threshold
- Data source selection (close, hl2, hlc3, ohlc4)
- Color and transparency customization
- Enable/disable indicator components

📋 How to Use

1. **Add the indicator to your chart** - it will automatically start scanning for divergences
2. **Adjust parameters** to match your trading style
3. **Monitor the MTF panel** for overall market condition overview
4. **Look for divergences** combined with other signals for confirmation

🎯 Perfect for:
- Swing trading
- Intraday trading
- Finding reversal points
- Confirming trading signals
- Multi-timeframe analysis

⚡ Advantages
- **Automation**: No need to manually search for divergences
- **Multi-functionality**: RSI analysis + MTF overview in one indicator
- **Visual clarity**: Clear signals and color coding
- **Performance**: Optimized code for fast operation
- **Flexibility**: Wide customization options

📊 Technical Details
- Uses standard RSI with customizable period
- Divergence detection algorithm based on peaks and valleys
- MTF panel updates in real-time
- Supports all asset types (stocks, forex, crypto, commodities)

🔧 Usage Recommendations
- Combine with other indicators for signal confirmation
- Consider overall market trend
- Use risk management rules
- Test settings on historical data

👥 Suitable for:
- Beginners (easy to use)
- Experienced traders (flexible settings)
- All trading styles and timeframes

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*This indicator is designed to enhance trading efficiency and help make informed trading decisions. Always follow risk management rules and don't rely on just one indicator.*

anteayer

Notas de prensa

RSI Divergence + MTF Panel

📊 Short Description
A powerful indicator for detecting RSI divergences with a multi-timeframe panel that helps traders find high-quality trading opportunities across different time intervals.

✨ Key Features

🎯 Automatic Divergence Detection
- **Bullish Divergence**: Price makes lower lows while RSI makes higher lows
- **Bearish Divergence**: Price makes higher highs while RSI makes lower highs
- Visual divergence marking with lines on the chart
- Customizable colors and line styles

📈 Multi-Timeframe Panel (MTF)
- Displays RSI from 4 fixed timeframes simultaneously (5m, 15m, 1H, 4H)
- Color-coded RSI levels:
- 🔴 Red: RSI > 70 (overbought)
- 🟢 Green: RSI < 30 (oversold)
- ⚪ White: RSI between 30-70 (neutral zone)

⚙️ Flexible Settings
- RSI period (default 14)
- Divergence detection threshold
- Data source selection (close, hl2, hlc3, ohlc4)
- Color and transparency customization
- Enable/disable indicator components

📋 How to Use

1. **Add the indicator to your chart** - it will automatically start scanning for divergences
2. **Adjust parameters** to match your trading style
3. **Monitor the MTF panel** for overall market condition overview
4. **Look for divergences** combined with other signals for confirmation

🎯 Perfect for:
- Swing trading
- Intraday trading
- Finding reversal points
- Confirming trading signals
- Multi-timeframe analysis

⚡ Advantages
- **Automation**: No need to manually search for divergences
- **Multi-functionality**: RSI analysis + MTF overview in one indicator
- **Visual clarity**: Clear signals and color coding
- **Performance**: Optimized code for fast operation
- **Flexibility**: Wide customization options

📊 Technical Details
- Uses standard RSI with customizable period
- Divergence detection algorithm based on peaks and valleys
- MTF panel updates in real-time
- Supports all asset types (stocks, forex, crypto, commodities)

🔧 Usage Recommendations
- Combine with other indicators for signal confirmation
- Consider overall market trend
- Use risk management rules
- Test settings on historical data

👥 Suitable for:
- Beginners (easy to use)
- Experienced traders (flexible settings)
- All trading styles and timeframes

---

*This indicator is designed to enhance trading efficiency and help make informed trading decisions. Always follow risk management rules and don't rely on just one indicator.