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TMA - Divergence Indicator

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█ OVERVIEW

This indicator was inspired by Arty and Christy. I have taken what they teach and combined it into this amazing RSI Divergence Oscillator.

█ COMPONENTS

Here is a brief overview of the indicator:

1 — RSI Divergence
Arty uses the RSI divergence as a tool to find entry points and possible reversals. He doesn't use the traditional overbought/oversold. He uses a 50 line. This indicator includes a 50 line and a floating 50 line.
The floating 50 line is a multi-timeframe smoothed moving average. Price is not linear, therefore, your 50 line shouldn't be either.
The RSI line is using a dynamic color algo that shows current control of the market as well as possible turning points in the market. Think of it as a momentum indicator inside your momentum indicator, pretty cool, huh?


2 — Smoothed RSI Divergence
The Smoothed RSI Divergence is a slower RSI with different calculations to smooth out the RSI line. This gives a different perspective of price action and more of a long term perspective of the trend. When crosses of the floating 50 line up with the traditional RSI crossing floating 50, these are amazing entries!

3 — Momentum Divergence
This is my baby. This one will take a little bit of time to master, (and I will be doing videos for you). But, once you master this, and combined with the other two, damn these entries get downright lethal!
リリースノート
Updated chart to show price action
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Small fix
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Small code adjustments
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Minor fixes

1 - Added extreme levels (OB/OS)
2 - Preview of alerts to come
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Added Disclaimer

1 — Added alerts for divergences
3 — Added alerts for floating 50 cross over and cross under
リリースノート
Small code tweak

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