RSI Divergence indicator and signal

[Nikolay.Gekht]

The indicator detects and shows RSI classical and reversal divergences.
Bullish divergences are shown in green below the RSI (or prices).
Bearish divergences are shown in red above the RSI (or prices).
To check whether divergence is classical or reversal, just move the mouse points over the arrow which shows the end of a divergence and wait until a tool tip appears.

There are three lua modules:

1) RSI Divergence Oscillator. Shows RSI of close prices and RSI divergence lines.

RSI_Divergence.lua

(6.75 KiB) Downloaded 9741 times

2) RSI Divergence Indicator. Shows trend lines on the prices. The RSI_Divergence.lua must be also installed.

RSI_Divergence1.lua

(2.46 KiB) Downloaded 7838 times

3) RSI Divergence Signal. Signals when the divergence is detected (pay attention that signal happens two candles past the detected trend). The RSI_Divergence.lua must be also installed.

RSI_Divergence_Signal.lua

(2.34 KiB) Downloaded 7877 times

Please do not forget that indicators must be installed via Chart->Manage Custom Indicators command and the signal must be installed via Signals->Manage Custom Signals command.

[beni40]

i trade macd divergenc, is it posibel to make it like this

it wod be perfect

best regards
bent

[Alexander.Gettinger]

i trade macd divergenc, is it posibel to make it like this

it wod be perfect

best regards
bent

You use macd divergence or histogram of macd divergence?

[beni40]

i use the macd divergence, not the histogram, price making new hi macd maiking new lo

wery often price revers and follo the direksjon of the macd

if i cood have a 1 h or 4 h macd on a 15 m cart with an indicator like this

it wil transform my trading big time

bent

[Prof8t]

Hello,

Could I get a a signal file created for this that would trigger upon immediate completion of a divergence occurrance instead of two bars later?

I would definitely appreciate it.

Thanks

[boursicoton]

cci divergence is good with this setup :

cci 48 div with price
cci 12 breakout trendline on cci

go !

cci div indictaor and signal...possible ?
market profile ?....snif....

[raulbanda1]

What is the purpose of sending the signal after two candles? Why not set it up after one candle?

[Nikolay.Gekht]

It sends after one candle. This is rather problem in drawing. The indicator draws the line to the beginning of the candle at which divergence really ends.

[mosesnobleraj]

can you add email alert with rsi divergence signal

[Apprentice]

Request added to the developmental cue.