OPEN-SOURCE SCRIPT
Updated RSI Divergence (based on an EMA)
// Was just bored and thought I'd see what happens if RSI was just based on comparing the EMAs instead of confirmed highs / lows.
// Feel free to test and let me know if you find any useful settings (instrument, timeframe, ema).
// Feel free to test and let me know if you find any useful settings (instrument, timeframe, ema).
Release Notes
Added additional options for the moving averagesOpen-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.