PROTECTED SOURCE SCRIPT
[LamBOTguini][ALERTa2]
This is previous version of [LamBOTguini][ALERTador] + RSI Divergence + Parabolic Sar
Take Profit, Stop Loss, and with ALERTS of course.
Enjoy!
study(title="RSI Divergence", overlay = false)
src_fast = hlc3, len_fast = input(5, minval=1, title="Length Fast RSI")
src_slow = hlc3, len_slow = input(15,minval=1, title="Length Slow RSI")
up_fast = rma(max(change(src_fast), 0), len_fast)
down_fast = rma(-min(change(src_fast), 0), len_fast)
rsi_fast = down_fast == 0 ? 100 : up_fast == 0 ? 0 : 100 - (100 / (1 + up_fast / down_fast))
up_slow = rma(max(change(src_slow), 0), len_slow)
down_slow = rma(-min(change(src_slow), 0), len_slow)
rsi_slow = down_slow == 0 ? 100 : up_slow == 0 ? 0 : 100 - (100 / (1 + up_slow / down_slow))
plotfast = plot(rsi_fast, color=blue)
plotslow = plot(rsi_slow, color=orange)
divergence = rsi_fast - rsi_slow
plotdiv = plot(divergence, color = divergence > 0 ? lime:red, linewidth = 2)
band1 = hline(70,color=green)
band0 = hline(30,color=red)
band = hline(0)
Take Profit, Stop Loss, and with ALERTS of course.
Enjoy!
study(title="RSI Divergence", overlay = false)
src_fast = hlc3, len_fast = input(5, minval=1, title="Length Fast RSI")
src_slow = hlc3, len_slow = input(15,minval=1, title="Length Slow RSI")
up_fast = rma(max(change(src_fast), 0), len_fast)
down_fast = rma(-min(change(src_fast), 0), len_fast)
rsi_fast = down_fast == 0 ? 100 : up_fast == 0 ? 0 : 100 - (100 / (1 + up_fast / down_fast))
up_slow = rma(max(change(src_slow), 0), len_slow)
down_slow = rma(-min(change(src_slow), 0), len_slow)
rsi_slow = down_slow == 0 ? 100 : up_slow == 0 ? 0 : 100 - (100 / (1 + up_slow / down_slow))
plotfast = plot(rsi_fast, color=blue)
plotslow = plot(rsi_slow, color=orange)
divergence = rsi_fast - rsi_slow
plotdiv = plot(divergence, color = divergence > 0 ? lime:red, linewidth = 2)
band1 = hline(70,color=green)
band0 = hline(30,color=red)
band = hline(0)
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.
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.