RSI Divergence 2.0 — Indicator by EpicWasteland

Relative Strength Index (RSI) rsidivergence

RSI Divergence script will paint green or red lines depending on which way the asset is moving. The code is accessible and can be viewed. I have added alerts and the ability to change the source for slow and fast RSI values.

I have yielded better results using OHLC4 rather than the regular closing candles. As you can see it is working well with

BTCUSD and works on all timeframes.

Best of luck!

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

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