PROTECTED SOURCE SCRIPT
已更新 RSI with Divergence and Multi Timeframe
The VEGA RSI detects divergences according to the standard rules of valid divergences and plots 2 more additional timeframes as a dot with a label for the timeframe.
Divergences can indicate weakening momentum and potential reversals.
For the divergences the indicator uses the following rules:
- Divergences are within the set lookback period. The standard rule is 14 bars. This is also the default setting. Traders can change the lookback period in the settings if they want to be less aggressive on the standard rule.
- A valid bullish divergence is oversold first and does not reset too close to the midline in between its lows.
- A valid bearish divergence is overbought first and does not reset too close to the midline in between its highs.
This eliminates invalid divergences that occur between 70 and 50 or between 30 and 50. And it eliminates divergences that are invalid because the RSI was reset in between.
Traders can also change the aggressiveness of the pivot detection in the settings.
Additionally the VEGA RSI plots two more timeframes of the traders choice.
To make it visually appealing and not too crowded with lines the indicator only plots the current value and not historic values.
The intended use for this feature is to choose two different timeframes than the traders most used chart timeframe and to keep an overview of where the RSI on those two timeframes is.
Its usefulness can be compared to that of an RSI screener that shows traders where the asset's RSI is on specified timeframes to gauge for strength or weakness.
Divergences can indicate weakening momentum and potential reversals.
For the divergences the indicator uses the following rules:
- Divergences are within the set lookback period. The standard rule is 14 bars. This is also the default setting. Traders can change the lookback period in the settings if they want to be less aggressive on the standard rule.
- A valid bullish divergence is oversold first and does not reset too close to the midline in between its lows.
- A valid bearish divergence is overbought first and does not reset too close to the midline in between its highs.
This eliminates invalid divergences that occur between 70 and 50 or between 30 and 50. And it eliminates divergences that are invalid because the RSI was reset in between.
Traders can also change the aggressiveness of the pivot detection in the settings.
Additionally the VEGA RSI plots two more timeframes of the traders choice.
To make it visually appealing and not too crowded with lines the indicator only plots the current value and not historic values.
The intended use for this feature is to choose two different timeframes than the traders most used chart timeframe and to keep an overview of where the RSI on those two timeframes is.
Its usefulness can be compared to that of an RSI screener that shows traders where the asset's RSI is on specified timeframes to gauge for strength or weakness.
版本注释
Added Background Coloring for Overbought and Oversold.受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。