RSI Divergence Indicator
Platform: MT5 Type: Pattern Last update: September 24, 2024The name of the RSI Divergence indicator seeks for Relative Strenght Index divergences and displays them both within indicators window and on the activity chart in conjunction with buy/sell arrows.
There are multiple customizable input settings, including:
Period – defines calculation period;
Applied price – defines price calculation method;
Overbought – defines overbought level;
Oversold – defines oversold level;
Bullish color – defines the color of bullish signal arrows and lines;
Bearish color – defines the color of bearish signal arrows and lines.
