OPEN-SOURCE SCRIPT
Updated RSI Divergence Indicator by Hamitcagdas
RSI Divergence Detection
Adds dynamic volatility bands to RSI for better context of momentum extremes.
Clear labels on divergences with tooltips explaining the technical meaning.
Built-in alert conditions for automated notifications.
Look for bullish divergences near oversold zones for potential upward reversals.
Watch for bearish divergences near overbought zones for potential downward reversals.
Hidden divergences often signal trend continuation rather than reversal.
Bollinger Bands on RSI provide additional confirmation of volatility compression or expansion.
This tool is designed for traders who want early signals of momentum shifts combined with volatility context.
Contact for more. i have more useful tools like buy sell signals in 15 minutes time frames or 1 week.
- Regular Bullish (Price Lower Low + RSI Higher Low)
- Hidden Bullish (Price Higher Low + RSI Lower Low)
- Regular Bearish (Price Higher High + RSI Lower High)
- Hidden Bearish (Price Lower High + RSI Higher High)
- Bollinger Bands on RSI
Adds dynamic volatility bands to RSI for better context of momentum extremes.
- Visual Labels & Alerts
Clear labels on divergences with tooltips explaining the technical meaning.
Built-in alert conditions for automated notifications.
- How to Use
Look for bullish divergences near oversold zones for potential upward reversals.
Watch for bearish divergences near overbought zones for potential downward reversals.
Hidden divergences often signal trend continuation rather than reversal.
Bollinger Bands on RSI provide additional confirmation of volatility compression or expansion.
This tool is designed for traders who want early signals of momentum shifts combined with volatility context.
Contact for more. i have more useful tools like buy sell signals in 15 minutes time frames or 1 week.
Release Notes
fixRelease Notes
fixRelease Notes
↑ ↓ Release Notes
GüncelRelease Notes
.Release Notes
.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.
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.