OPEN-SOURCE SCRIPT

已更新

RSI Screener and Divergence [5ema]

Displayed on the RSI chart according to a custom timeframe.
Displays the RSI tracking table of various timeframes.
Identify normal divergence, hidden divergence on RSI chat.
Show buy and sell signals (strong, weak) on the board.
Send notifications when RSI has a buy or sell signal.

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I reused some functions, made by (i believe that):

*©paaax: The table position function.*@everget: The RSI divergence function.*@QuantNomad: The function calculated value and array to show on table for input symbols.

I have commented in my code. Thanks so much!
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How it works:
1. Input :

input.int length of RSI => calculate RSI.
input.int upper/lower => checking RSI overbought/oversold.
input.int right bars / left bars => returns price of the pivot low & high point => checking divergence.
input.int range upper / lower bars => compare the low & high point => checking divergence.
input.timeframe => request.security another time frame.
input.string table position => display screener table.

2. Input bool:

plot RSI on chart.
Plot Regular Bullish divergence .
Regular Bearish divergence.
Hidden Bullish divergence .
Hidden Bearish divergence.

3. Basic calculated:

Make function for RSI , pivot low & high point of RSI and price.
Request.security that function for earch time frame.
Result RSI, Divergence.

4. Condition of signal:
Buy condition:

RSI oversold (1)
Bullish divergence (2).
=> Buy if (1) and (2), review buy (1) or (2).

Sell condition:

RSI overbought (3).
Bearish divergence (4).
=> Sell if (3) and (4), review sell (3) or (4).

5. Table screener:

Time frame.
RSI (green - oversold, red - overbought)
Divergence (⬈⬈ - regular bullish , ⬊⬊ regular bearish , ⬊ - hidden bullish , ⬈ - hidden bearish ).
Signal (🟢 - Buy, 🔴 - sell, green 〇 - review buy, red 〇 - review sell)

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This indicator is for reference only, you need your own method and strategy.
If you have any questions, please let me know in the comments.

版本注释

Update the reused code:
Reused some functions from. I believe made by:

Thanks!

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Update chart sample.
thanks!

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Change the signal shape: 🔴 - > red ⦿
Reason: Pine updated not support.
Thanks

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Update divergence shape.
Reason: Pine changed to support.

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Update signal shape.
Final:
>>: Regular Bull Divergence.
<<: Regular Bear Divergence.
>: Hidden Bull Divergence.
<: Hidden Bear Divergence.
Green ⦿: Buy.
Red ⦿: Sell.
Green 〇: Review Buy.
Red 〇: Review Sell.
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Reason change: Pine update not to support special symbol.
Thanks.

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Updated Alert conditions and message.

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Update:

Modified Alert.
Select only strong signal or all.

Thanks!

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Update position of signal.
thanks!

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Some bros recommend me to return the signal shape to the original.
thanks.

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Update: Add the Alert for Regular Divergence (review Buy, Sell).
thanks!

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Update: changed title and short title
thanks!

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Update:

Position some items.
Tooltip of some items.

版本注释

Update:
Change content of Alert.

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add RSI MA

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add Overbought and Oversold fill color

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Add strong signal condition

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modify condition

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Optimizing the code
Add theme color

开源脚本

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

vn5ema

免责声明

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.

开源脚本

vn5ema