What is "RSI Divergence"? "RSI Divergence" is a indicator that find RSI divergence automatically.
What it does? When it finds an RSI divergence, it draws a line on the indicator.
How it does it? The lines are found using the least squares method. If the signs of the linear regression on the graph and the linear regression plotted on the RSI are different, this is considered divergence.
How to use it? RSI lenght = RSI lenght source = source of RSI RSI Divergence Lenght = lenght of lines that draws on indicator zoom = zoom examples:
i added this and backtested on a half dozen stocks i didn't get a single divergence, even changed the length to several different settings (i have no idea what zoom is)
UnknownUnicorn15320316
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is repaint? is realtime?
faytterro
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@Bafrali1453, don't worry it doesn't repaint and it doesn't fix the signals afterwards. actually the array function works like this. As long as divergence continues, the lines shift to one side at each candle, and when divergence ends, the lines stay at the bar where divergence ends. so far from being a repaint, on the contrary, it signals much earlier than it seems. but you see the latest signals on the chart. because as long as divergence continues, it continues to shift the lines by one bar. but it never changes the signals afterwards.