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KD_RSI345

3 664
Creator: Andrew Palladino/Rob Booker
Modified: 2/12/2017

Description:

The indicator searches for instances where there is a Knoxville divergence combined with multiple time frame RSI Oversold/Overbought conditions.

When a bullish Knoxville Divergence (KD) is present and price is oversold across 3 time frames, within the KD bar range, a vertical green line is displayed on the chart.

When a bullish Knoxville Divergence (KD) is present and price is oversold across 4 time frames, within the KD bar range, a vertical orange line is displayed on the chart.

When a bullish Knoxville Divergence (KD) is present and price is oversold across 3 time frames, within the KD bar range, a vertical red line is displayed on the chart.

Same applies for Bearish Knoxville Divergence in overbought conditions.

Disclaimer

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