OPEN-SOURCE SCRIPT
Multi-RSI & Sessions and VuManChu B Diverg
Description: This indicator is a comprehensive technical analysis tool that combines WaveTrend divergence detection, multi-period RSI overbought/oversold signals, and a clear visualization of major trading sessions. The primary goal is to identify high-probability reversal points through oscillator confluence, allowing traders to filter signals based on the active market hours.
Key Features:
WaveTrend: Automatically detects regular bullish and bearish divergences based on fractals.
Multi-RSI: Monitors three different RSI periods (21, 14, and 9) with dynamic labels.
Sessions: Highlights NYSE, LSE, TSE, and SSE trading hours on the background.
Descripción en Español: Herramienta integral que combina divergencias WaveTrend, señales de triple RSI y visualización de sesiones de mercado (NY, Londres, Tokio, Shanghái).
Key Features:
WaveTrend: Automatically detects regular bullish and bearish divergences based on fractals.
Multi-RSI: Monitors three different RSI periods (21, 14, and 9) with dynamic labels.
Sessions: Highlights NYSE, LSE, TSE, and SSE trading hours on the background.
Descripción en Español: Herramienta integral que combina divergencias WaveTrend, señales de triple RSI y visualización de sesiones de mercado (NY, Londres, Tokio, Shanghái).
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.
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.
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.