OPEN-SOURCE SCRIPT
Divergence Finder
//version=5
indicator("Divergence Finder", overlay=true)
// Parameter
length = input(14, title="RSI Length")
source = close
rsi = ta.rsi(source, length)
// Mencari Titik High dan Low
ph = ta.pivothigh(high, 5, 5)
pl = ta.pivotlow(low, 5, 5)
rsi_ph = ta.pivothigh(rsi, 5, 5)
rsi_pl = ta.pivotlow(rsi, 5, 5)
// Bearish Divergence
bearishDivergence = na(ph[5]) == false and na(rsi_ph[5]) == false and ph[5] > ph and rsi_ph[5] < rsi_ph
// Bullish Divergence
bullishDivergence = na(pl[5]) == false and na(rsi_pl[5]) == false and pl[5] < pl and rsi_pl[5] > rsi_pl
// Plot Divergence
plotshape(bearishDivergence, location=location.abovebar, color=color.red, style=shape.labeldown, title="Bearish Divergence")
plotshape(bullishDivergence, location=location.belowbar, color=color.green, style=shape.labelup, title="Bullish Divergence")
// Menampilkan RSI pada Subwindow
hline(70, "Overbought", color=color.red)
hline(30, "Oversold", color=color.green)
plot(rsi, title="RSI", color=color.blue)
indicator("Divergence Finder", overlay=true)
// Parameter
length = input(14, title="RSI Length")
source = close
rsi = ta.rsi(source, length)
// Mencari Titik High dan Low
ph = ta.pivothigh(high, 5, 5)
pl = ta.pivotlow(low, 5, 5)
rsi_ph = ta.pivothigh(rsi, 5, 5)
rsi_pl = ta.pivotlow(rsi, 5, 5)
// Bearish Divergence
bearishDivergence = na(ph[5]) == false and na(rsi_ph[5]) == false and ph[5] > ph and rsi_ph[5] < rsi_ph
// Bullish Divergence
bullishDivergence = na(pl[5]) == false and na(rsi_pl[5]) == false and pl[5] < pl and rsi_pl[5] > rsi_pl
// Plot Divergence
plotshape(bearishDivergence, location=location.abovebar, color=color.red, style=shape.labeldown, title="Bearish Divergence")
plotshape(bullishDivergence, location=location.belowbar, color=color.green, style=shape.labelup, title="Bullish Divergence")
// Menampilkan RSI pada Subwindow
hline(70, "Overbought", color=color.red)
hline(30, "Oversold", color=color.green)
plot(rsi, title="RSI", color=color.blue)
Open-source script
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.
Open-source script
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.