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Shenl0ng

RSI DIV

Shenl0ng Updated   
Oscillators Centered Oscillators Volatility rsi_divergence hiddendivergence Bullish Divergence bearishdivergence extendeddivergence
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oscillator centeredoscillator volatility rsi_divergence hiddendivergence bullishdivergence bearishdivergence extendeddivergence
RSI divergence Detector


What is Divergence :

The word divergence itself means to separate and that is exactly what we are looking for today. Typically RSI will follow price as the EURUSD declines so will the indicator. Divergence occurs when price splits from the indicator and they begin heading in two different directions.

How to use :

Use the H Plot means Hidden divergence condition
Use the R Plot means Regular divergence condition
Red R above bar = Regular Bearish
Green R below bar = Bullish
Blue H Below bar = Hidden Bullish
Orange H above bar = Hidden Bearish
Release Notes:
xD
Invite-only script

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Disclaimer

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