Finding Divergence RSI
- Göstergeler
- Mykhailo Zakervashevych
- Sürüm: 2.0
Finding Divergence RSI is a professional MetaTrader 5 indicator designed for automatic detection and visualization of classic and hidden divergences using the RSI indicator. The indicator works directly on the price chart, displaying arrows at divergence points and optionally drawing trend lines on both price and RSI charts.
Divergence Types
1. Classic Divergences
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Classic Bullish: Price forms Lower Low (LL), RSI forms Higher Low (HL)
Signal: Trend reversal to upside -
Classic Bearish: Price forms Higher High (HH), RSI forms Lower High (LH)
Signal: Trend reversal to downside
2. Hidden Divergences
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Hidden Bullish: Price forms Higher Low (HL), RSI forms Lower Low (LL)
Signal: Uptrend continuation -
Hidden Bearish: Price forms Lower High (LH), RSI forms Higher High (HH)
Signal: Downtrend continuation
