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RSI RH Divergence Scanner

You can run this Tool in the Visual Strategy Tester.

Indicator version coming soon.

If you want this built into a Custom EA for you, send me a message.

The Metatrader 5 RSI regular and hidden divergence scanner is a powerful tool designed to identify potential trading opportunities based on divergences between the RSI indicator and price action. With its intuitive interface and advanced scanning capabilities, this scanner helps traders pinpoint instances where price movements may be diverging from the underlying momentum as indicated by the RSI.


Key features of the Metatrader 5 RSI regular and hidden divergence scanner include:

1. Real-time scanning: The scanner continuously monitors multiple currency pairs and timeframes in real-time, searching for instances of regular and hidden divergences between the RSI and price action.

2. Customizable settings: Traders can customize the scanner's settings to adjust sensitivity levels and filter out false signals, allowing for greater flexibility and adaptability to different market conditions.

3. Visual and audible alerts: When a divergence pattern is detected, the scanner provides visual and audible alerts to notify traders, ensuring that they never miss a potential trading opportunity.

4. Multi-timeframe analysis: The scanner is capable of analyzing divergences across multiple timeframes simultaneously, providing traders with a comprehensive view of the market dynamics and potential trade setups.

5. User-friendly interface: With its user-friendly interface, the scanner offers clear and intuitive signals, making it easy for traders of all experience levels to interpret and act upon the detected divergences.

6. Integration with Metatrader 5: The scanner seamlessly integrates with the Metatrader 5 platform, allowing traders to execute trades directly from the scanner interface and access additional trading tools and resources available on the platform.

Overall, the Metatrader 5 RSI regular and hidden divergence scanner empowers traders with the insights they need to make informed trading decisions and capitalize on divergent market conditions effectively. 
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Version 1.20 2024.03.15
Input for Oscillator period
Version 1.10 2024.03.15
Further classifications of Divergences into 1 and 2