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mohanee
31 de May. de 2020 1:41

RSI Divergence Indicator (with alerts) 

NASDAQ:GOOGL1D
Alphabet Inc.NASDAQ

Descripción

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Many have requested me for indicator version with alerts for the RSI Divergence strategy. Here is the one ...

Please note alert triggers in delay by number of bars defined in the settings. (same as strategy) ...
Bar color also changes when alert triggers ...

Yellow Bar shows BUY
Purple Bar shows EXIT ( Exit the Long position ... NO SHORTing )

On each Yellow Bar can be added to existing position
On each Purple Bar , exit partial position OR exit the whole position

Appreciate your feedback.

Warning
Use for education purpose only ...

Notas de prensa

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Bar color changed to Blue when it is in Long trade

Here is the color code...

Bar turns Yellow when it takes Long Position

Once in Long position , Bar color turns to Blue

Bar turns to Purple when price reaches profit level defined in settings OR when bear condition appears
Trend Analysisrsi_divergence_indicatorrsi_divergence_indicator_strategymohanee
Comentarios
maydayone
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how can you decrease the "delay" before the divergence appears on the RSI? I can see it formed and then it spears after few candles close...?
RobinTrader89
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Great, however, alerts don't work for me. Any idea why? Thank you
mohanee
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@RobinTrader89, I don't know ... Check the strategy version and let me know
hcordova321
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@mohanee, hidden bearish divergence is not working. do you know why that would be?
mohanee
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@hcordova321, which time frame ?
hcordova321
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@mohanee, I tried all of them and there are instances where I see hidden bearish divergence but for some reason the code does not identify them
mohanee
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@hcordova321, ok send me the snapshot of your chart and highlight it where it is missing on the chart ? What are your settings on the strategy ?
hcordova321
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@mohanee,

if you can see the image from the link see July and July 12. There should be a line labeled as "H Bear" but for some reason its not recognizing any "H Bears" only regular bearish divergence.
ballssaggg
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@hcordova321, did you tick it on the settings
Mevltt
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Hello,

Why can't we enter the process as soon as bull is written on rsi and we do not specify a specific exit point? Usually buy enter bar color comes too late
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