OPEN-SOURCE SCRIPT
Updated RSI Divergence
Simple RSI Divergence with adjustable lookback period.
Highlights bars with higher price but lower RSI (bearish) or lower price but higher RSI (bullish) than the highest/lowest points in the lookback period.
Highlights bars with higher price but lower RSI (bearish) or lower price but higher RSI (bullish) than the highest/lowest points in the lookback period.
Release Notes
Simple RSI Divergence.
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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.
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