PROTECTED SOURCE SCRIPT
(JS) RSI Divergence Oscillator
Pretty simple really - when the oscillator is positive it means that there's bull RSI divergence, negative means there is bear RSI divergence.
Simple formula to make it, Rate of Change on RSI vs. Rate of Change on price, smoothed out using an EMA.
Simple formula to make it, Rate of Change on RSI vs. Rate of Change on price, smoothed out using an EMA.
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