RSI Overbought Oversold Divergence Strategy w/ Buy/Sell Signals by imal_max

relativestrengthindex rsi_divergence rsidivergence rsi_overbought rsi_oversold oversold overbought divergence

This indicator is a copy of my RSI Overbought/Oversold Divergence Indicator with-Alerts

RSI Overbought Divergence Indicator with Alerts

Only difference is that the alerts are disabled, instead it uses tradingviews strategy tester signals
If you want alerts just use the other indicator

Release Notes:

now your able to set manual price ranges where you wanna look for divergences

Release Notes:

now with EMAs do define ranges
default settings are a little bit better

Release Notes:

this update includes all the stuff from my closed source Ultimate Bullish divergence indicator

Open-source script

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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