crazyheinz

[RS]RSI Divergence V6 with alerts

I have edited the script from SpreadEagle71 so that you can set alerts for when a divergence forms.
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Nice work crazyheinz, thank you
+1 Reply
setting it to a 14 or 16 works extremely well for short trading.
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In the beginning alerts came directly after the divergence formed but now I noticed that alerts get sent 2 candles after the divergence formed. If anyone else has the same problem or has a solution, please let me know.
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sal157011 crazyheinz
@crazyheinz, This script uses 5 bar fractals so the signals have a 2 bar lag. With a 3 bar fractal you would have 1 bar lag. It is a lag indicator. If applied to a leading indicator lika a momentum the lead of the momentum compensates the lag. The leading indicators may fail. No one can predict the future 100% especially when you are dealing with human emotions.
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crazyheinz sal157011
@sal157011, thx for your reply. Mistyped yesterday, it sent an alert after 1 candle after the divergence. Of course every indicator can fail but for my trading strategy divergences work extremely well. If I could fix the delay of the notification I would be really happy :)
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Redallica crazyheinz
@crazyheinz, @sal157011 How do you configure alerts in this case ? I am not receiving it, even if I have configured them. which option do you choose ? At bar close ?
Thanks for your feedback
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