RSI Divergence - Baby Whale — Indicator by BabyWhale83

oscillator relativestrengthindex divergence hiddendivergence

Hey guys!

BabyWhale here!
I will open source my scripts, so everyone can use them and update.

In this RSI Divergence script I added Hidden Divergence (beta) as well.

This script will show you:

Bullish Divergence (green triangle)
Hidden Bullish Divergence (green circle)
Bearish Divergence (red triangle)
Hidden Bearish Divergence (red circle)

You can set the RSI values.
I recommend 60 / 40 or 70 / 30.

Last but not least, you can set alarms when a Divergence or Hidden Divergence is found.

Feedback is always welcome!

Credits to @Libertus, I used his script as inspiration.

Good luck with trading!

BabyWhale

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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.

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