OPEN-SOURCE SCRIPT

RSI Potential Divergence - Fontiramisu

By Fontiramisu
Indicator showing potential momentum divergences on RSI Momentum.

The problem with the classic divergence is that when the signal appears, it is sometimes too late to enter a trade.
The potential divergence corrects this problem by signaling the beginning of a potential divergence.

RSI is a momentum indicator that offers relevant insights with divergences.

Potential divergences are indicated with the letter B and a red color for Bearish Div or Green color for Bullish Div .
Potential divergence is confirmed when the line and the label "Bear"' or "Bull" appear.
DivergencedivergencetradingmomentumdivergenceRelative Strength Index (RSI)rsidivrsi_divergencersidivergence
Fontiramisu

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In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. Du kan ange den som favorit för att använda den i ett diagram.

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