RSI Divergence Signals MT5

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RSI Divergence Signals detects regular and hidden RSI divergences directly on the price chart and marks them with optional buy and sell arrows.

It is designed for traders who want a clean divergence signal layer that can also be read by EAs, scanners, or dashboards.

Common uses

• Review bullish divergence after price makes a lower low while RSI improves.
• Review bearish divergence after price makes a higher high while RSI weakens.
• Use hidden divergence as a possible trend-continuation pullback marker.
• Feed signal direction, signal type, RSI value, and strength into an EA.

What it shows

• Green arrows for regular bullish divergence.
• Red arrows for regular bearish divergence.
• Blue arrows for hidden bullish divergence.
• Gold arrows for hidden bearish divergence.
• Hidden buffers for RSI value, signal direction, signal type, and divergence strength.

Main features

• Swing-based pivot detection.
• Regular bullish and bearish divergence signals.
• Hidden bullish and bearish divergence signals.
• Configurable RSI period, pivot sensitivity, pivot distance, and minimum RSI difference.
• Closed-bar confirmation option to reduce active-candle repainting.
• EA-readable buffers from the first release.

Basic use

1. Add the indicator to a chart.
2. Review arrows near swing highs and swing lows.
3. Use regular divergence as a possible reversal warning.
4. Use hidden divergence as possible continuation context.
5. Confirm all signals with trend, support/resistance, volume, session context, and your own risk rules.

Inputs

• RSIPeriod: RSI calculation period.
• SwingLeftBars / SwingRightBars: pivot sensitivity.
• MinBarsBetweenPivots: minimum spacing between two pivot points.
• MaxBarsBetweenPivots: maximum spacing between two pivot points.
• MinRSIDifference: minimum RSI difference required for a signal.
• ShowRegularDivergence: turns regular divergence signals on or off.
• ShowHiddenDivergence: turns hidden divergence signals on or off.
• ConfirmClosedBarsOnly: confirms signals on closed candles.
• ShowSignalMarkers: controls visible arrows.
• MaxCalculatedBars: limits historical calculation for performance.

Buffers

• Buffer 0: regular bullish divergence arrow price.
• Buffer 1: regular bearish divergence arrow price.
• Buffer 2: hidden bullish divergence arrow price.
• Buffer 3: hidden bearish divergence arrow price.
• Buffer 4: RSI value.
• Buffer 5: signal direction: 1 buy, -1 sell, 0 no signal.
• Buffer 6: signal type: 1 regular bullish, -1 regular bearish, 2 hidden bullish, -2 hidden bearish.
• Buffer 7: divergence strength, based on RSI difference.

Risk note

This indicator is a technical analysis tool. It does not guarantee profitable trades. Use it with risk management and additional confirmation.