PROTECTED SOURCE SCRIPT
Actualizado RSI Divergence
Hi!
Lately I had quite a few requests for an RSI divergence development, so I decided to make a publish version of such indicator. This is how it works:
It searches for peaks on the RSI indicator (not on the price!):
NOTE: The peak/trough could be detected only after two new bars are formed!
The indicator remembers high/low price on the bar with the peak/trough. When the indicator value at the peak is lower than the indicator value at the previous peak and the low price at the current peak is higher than the low price at last peak then it's a hidden bullish. Vice versa for the trough.
So, this indicator can detect the next cases:
You can donate ETH (0xa961e3866f58c36aaef958714d4f75d9c081b8bc) if you want to thank me more than just a like or a comment.
Lately I had quite a few requests for an RSI divergence development, so I decided to make a publish version of such indicator. This is how it works:
It searches for peaks on the RSI indicator (not on the price!):
- when the RSI values greater than two values before and after that value it's a peak
- when the RSI values lesser than two values before and after that value it's a trough
NOTE: The peak/trough could be detected only after two new bars are formed!
The indicator remembers high/low price on the bar with the peak/trough. When the indicator value at the peak is lower than the indicator value at the previous peak and the low price at the current peak is higher than the low price at last peak then it's a hidden bullish. Vice versa for the trough.
So, this indicator can detect the next cases:
- indicator fall + high rise = regular bearish
- indicator rise + high fall = hidden bearish
- indicator rise + low fall = regular bullish
- indicator fall + low rise = hidden bullish
You can donate ETH (0xa961e3866f58c36aaef958714d4f75d9c081b8bc) if you want to thank me more than just a like or a comment.
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La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.