OPEN-SOURCE SCRIPT
Divergence Screener [Mr_Zed]
Divergence Screener [Mr_Zed]
This script allows you to scan multiple assets and timeframes for bullish and bearish divergences based on the RSI (Relative Strength Index) indicator.
Features
This script allows you to scan multiple assets and timeframes for bullish and bearish divergences based on the RSI (Relative Strength Index) indicator.
Features
- Supports up to 40 different assets and timeframes for simultaneous scanning.
- Customizable settings for RSI period and source.
- Adjustable lookback periods for identifying pivot highs and pivot lows.
- Flexible range limits for filtering divergences based on the number of bars since the last pivot point.
- Alerts for bullish and bearish divergences on confirmed bars.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
[:::::::::::::::::::::::::::::::] telegram:
t.me/IndicatorWizard
t.me/IndicatorWizard
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.