OPEN-SOURCE SCRIPT
Actualizado RSI Divergence
What is "RSI Divergence"?
"RSI Divergence" is a indicator that find RSI divergence automatically.
What it does?
When it finds an RSI divergence, it draws a line on the indicator.
How it does it?
The lines are found using the least squares method. If the signs of the linear regression on the graph and the linear regression plotted on the RSI are different, this is considered divergence.
How to use it?
RSI lenght = RSI lenght
source = source of RSI
RSI Divergence Lenght = lenght of lines that draws on indicator
zoom = zoom
examples:
"RSI Divergence" is a indicator that find RSI divergence automatically.
What it does?
When it finds an RSI divergence, it draws a line on the indicator.
How it does it?
The lines are found using the least squares method. If the signs of the linear regression on the graph and the linear regression plotted on the RSI are different, this is considered divergence.
How to use it?
RSI lenght = RSI lenght
source = source of RSI
RSI Divergence Lenght = lenght of lines that draws on indicator
zoom = zoom
examples:
Notas de prensa
from now on we have a strategy for this indicator: https://tr.tradingview.com/script/ASVRhqFM/Notas de prensa
buy and sell alert added. alarms are triggered (in real time) without waiting for the close on each candle when the conditions are met.Notas de prensa
From now on, you can see previous divergences, with newly added inputs.price scale has changed.
Notas de prensa
Thanks to the new "force overlay" function added to Pinescript after I published this indicator, we can now draw lines showing divergences both on the RSI and on the main chart.Notas de prensa
some bugs fixed.Notas de prensa
It now shows all divergences, not just the latest ones, including past ones.Notas de prensa
Labels have been added to understand exactly which bar gives divergence signals. Additionally, alarm options have been diversified.Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.