OPEN-SOURCE SCRIPT
Eric Lim's RSI Divergence
The RSI Divergence Indicator for TradingView is designed to identify potential bullish and bearish divergences between price movements and the Relative Strength Index (RSI). This tool provides traders with insights into possible trend reversals or continuations based on the divergence concept, enhancing trading strategies.
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 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.