[RS]RSI Divergence V5

SPDR S&P 500 ETF TRUSTArca

詳細

⋅ 2015年8月20日午後2時18分

Thank You Richard Santos!!!

This is a great indicator guys.Its good for measuring divergence in an objective way.
The idea is to measure the high to high and the low to low (stock vs. indicator) with the low to high and high to low (stock vs. indicator). This is the basis of divergence.
I love this one.
I would also add you can draw angles on the indicator and the stocks. All in all a great indicator.

Richard Santos was nice enough to modify one of his scripts for this one. Credit goes to him.

You can also use this for measuring volatility when the lines narrow or widen.

crazyheinz

⋅ 2018年9月17日午前6時6分

great indicator. is it possible to set an alarm for when a bear div or bull div forms?

tesla80

⋅ 2018年9月11日午前11時6分

@SpreadEagle71 Thanks for the indicator. How can I find the angle of the divergence between price and RSI? I want to find the ones more than 30 degrees for example. Thanks in advance.

ttaarreekk

⋅ 2018年9月8日午前11時34分

can you make an alert for this indicator ?

ttaarreekk

⋅ 2018年9月8日午後4時13分

can you combine
plotshape(title='+RBD', series=regular_bearish_div ? rsi_high[2] : na, text='Regular', style=shape.labeldown, location=location.absolute, color=maroon, textcolor=white, offset=-2)
plotshape(title='+HBD', series=hidden_bearish_div ? rsi_high[2] : na, text='hidden', style=shape.labeldown, location=location.absolute, color=maroon, textcolor=white, offset=-2)
plotshape(title='-RBD', series=regular_bullish_div ? rsi_low[2] : na, text='Regular', style=shape.labelup, location=location.absolute, color=green, textcolor=white, offset=-2)
plotshape(title='-HBD', series=hidden_bullish_div ? rsi_low[2] : na, text='hidden', style=shape.labelup, location=location.absolute, color=green, textcolor=white, offset=-2)

in one plotshape so i can put them all on one alarm ?

ttaarreekk

⋅ 2018年9月8日午後4時33分

i just did nvm

Daveatt

⋅ 2019年7月2日午前7時36分

Leant so much with this script. Thanks for sharing

sophia715

⋅ 2015年8月20日午後2時19分

agree! kudos!

setite

⋅ 2023年11月25日午後11時40分

it sometimes plots a high or low even it is not a fractal high or low. any other calculation it uses to determine high and lows other than fractals? src is used in code which im not familiar with

prowhale

⋅ 2022年10月1日午前5時26分

Can you add mid-line at 50 to the script.. signal below 50 when hidden/regular bullish divergence is not valid for trade and similarly signal above 50 for bearish divergence is not valid

Valdongs

⋅ 2022年1月8日午前10時8分

I cannot just put an alarm when a regular bear div appears ? any help? thanks

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