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RSI Divergences Tester MT4

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Published: 2 July 2023

Current version: 1.5

RSI Divergences Tester MT4

Indicators
Reza Aghajanpour
Reza Aghajanpour
United Arab Emirates

94806
4.7 (455)
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Version: 1.5

Introduction

RSI divergence is a main technique used to determine trend reversing when it’s time to sell or buy because prices are likely to drop or pick in the charts. The RSI Divergence indicator can help you locate the top and bottom of the market. This indicator finds Regular divergence for pullback the market and also finds hidden RSI Divergence to show continuing trend.

This indicator shows divergence on the RSI that is a strong hint for an excellent entry point and finds immediately with alarm and notification and also has stop loss, take profits and entry point with candlestick checking for easy trading.

Main Features

Detect the best and most successful point of trend or reversal trend
Easy-to-use and user-friendly indicator
Scan just on AUDCHF/USDCHF chart.
Select and deselect time frames button for scan (M1,M5,M15,M30,H1,H4,D1,W1,MN)
It displays and pushes notification stop-loss, entry-point and take-profit levels
Candlestick check for the best entry point
Use Fibonacci levels
Editable ceiling and floor RSI value
Sending the alert and push notification
Alert enable/disable base on your setting time
Adjust the pattern setting

Input Parameters

=========Scanner============

Scan All Charts – Disable and scan just open AUDCHF/USDCHF chart.
Scan the number of candles – Amount of history bars to evaluate
Re-scan Timer – Re-scan AUDCHF/USDCHF chart in all time frames after passing time

=======Pattern Feature============

Pattern_Feature(Period, Deviation, Backstep) - Algorithm Parameters for pattern recognition
RSI Low sensitive – RSI Divergence algorithm checks when RSI is lower this number
RSI High sensitive – RSI Divergence algorithm checks when RSI is upper this number

=======Display/style Options============

Display_Options – Display or do not TP & SL levels
Stop Loss/Take Profit levels and Breakout Style - Set the Fonts and colors of patterns

========ALERT SETTINGS ==========

Display Alert or Push Notification – Enable or disable Alert or Push Notification
How many candles are past a pattern – Maximum Number of candles Passed from a pattern to allow alert
Alert Buffer Size – Maximum save alert to prevent duplicate alerts
Alert start/end time – Determine trading hours based on the computer clock to activate and deactivate the alarm

more...

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RSI Divergences Tester MT4

Reza Aghajanpour