PROTECTED SOURCE SCRIPT
Updated Divergences RSI
Shows divergences between RSI and price.
Price higher highs and RSI lower highs -> bear divergence
Price lower lows and RSI higher lows -> bull divergence
Uses pivots to detect highs/lows on RSI then compares them against previous values.
Use "Show pivots" to tune your pivot levels.
An EMA is applied to RSI for smoothing.
Price higher highs and RSI lower highs -> bear divergence
Price lower lows and RSI higher lows -> bull divergence
Uses pivots to detect highs/lows on RSI then compares them against previous values.
Use "Show pivots" to tune your pivot levels.
An EMA is applied to RSI for smoothing.
Release Notes
Fixed bug where multiple divergences didn't show on pivot recalculationRelease Notes
CleanupRelease Notes
removed other inds in publishProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – 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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – 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.