OPEN-SOURCE SCRIPT
ARAZ - Günlük AL/SAT Sinyali
ARAZ - Daily Buy/Sell Signal" Indicator
This script is designed to provide buy (long) and sell (short) signals based on price and RSI divergence analysis using daily price data.
Features:
Price and RSI Data: The script uses daily price data (open, high, low, close) and the 14-period Relative Strength Index (RSI).
Pivot Point Detection: It calculates pivot highs and lows for both price and RSI over a 5-day period.
Divergence Signals:
Bullish Divergence (Buy Signal): A buy signal is triggered when the price makes a new low, but RSI is making higher lows (indicating a potential reversal to the upside). Additionally, RSI should be below 30 (oversold condition).
Bearish Divergence (Sell Signal): A sell signal is triggered when the price makes a new high, but RSI is making lower highs (indicating a potential reversal to the downside). Additionally, RSI should be above 70 (overbought condition).
RSI Reference Lines: The script draws reference lines for RSI at 30 (oversold), 50 (neutral), and 70 (overbought) to visually aid traders in identifying potential overbought and oversold conditions.
Signals:
Buy Signal (Bullish Divergence): A green triangle pointing upwards below the price bar.
Sell Signal (Bearish Divergence): A red triangle pointing downwards above the price bar.
RSI Indicator:
The script also displays the RSI with dotted lines marking key levels (30, 50, and 70) on the chart.
This script is designed to provide buy (long) and sell (short) signals based on price and RSI divergence analysis using daily price data.
Features:
Price and RSI Data: The script uses daily price data (open, high, low, close) and the 14-period Relative Strength Index (RSI).
Pivot Point Detection: It calculates pivot highs and lows for both price and RSI over a 5-day period.
Divergence Signals:
Bullish Divergence (Buy Signal): A buy signal is triggered when the price makes a new low, but RSI is making higher lows (indicating a potential reversal to the upside). Additionally, RSI should be below 30 (oversold condition).
Bearish Divergence (Sell Signal): A sell signal is triggered when the price makes a new high, but RSI is making lower highs (indicating a potential reversal to the downside). Additionally, RSI should be above 70 (overbought condition).
RSI Reference Lines: The script draws reference lines for RSI at 30 (oversold), 50 (neutral), and 70 (overbought) to visually aid traders in identifying potential overbought and oversold conditions.
Signals:
Buy Signal (Bullish Divergence): A green triangle pointing upwards below the price bar.
Sell Signal (Bearish Divergence): A red triangle pointing downwards above the price bar.
RSI Indicator:
The script also displays the RSI with dotted lines marking key levels (30, 50, and 70) on the chart.
Script de código aberto
No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.
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Aviso legal
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