Duchesne RSI Divergence
- インディケータ
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Eliott Noah Duchesne
MQL5 and Pine Script developer based in France. I turn your trading rules into clean, commented and tested tools.
What I build
- MT5 Expert Advisors: entries and exits, risk-based lot size, time filters, trailing stop, prop firm risk rules
- MT5 indicators with alerts and dashboards - バージョン: 1.0
- アクティベーション: 5
Duchesne RSI Divergence finds divergences between the RSI and the price and draws them in the RSI window and on the chart.
Main features
- Regular bullish divergence: lower low on price, higher low on the RSI
- Regular bearish divergence: higher high on price, lower high on the RSI
- Hidden divergences on request
- Swings confirmed after a number of bars on each side, so markers do not change afterwards
- Minimum and maximum distance between the two swings
- Lines in the RSI window and on the price chart, arrows on the RSI
- Optional popup and push alerts
How it works
The indicator looks for confirmed swing lows and highs on the RSI and compares each one with the previous swing of the same kind. A marker appears when the swing is confirmed, a few bars after it.
Inputs
- RSI period and applied price
- Swing confirmation, minimum and maximum distance, regular and hidden divergences, bars to analyse
- Lines in the RSI window, lines on the chart, colors
- Popup alert, push notification
This indicator is an analysis tool. It does not open trades and does not give trading signals.
