RSI Divergence Method

26 במרץ 2023

█  OVERVIEW
This is a divergence indicator based on Relative Strength Index (RSI).
My attempt to make this indicator updated based on latest pine script features such as type, object and method.

█  FEATURES
1. Color of plot and label is based on contrast color of chart background. Able to customize color from style menu.
2. Big divergence (Regular Divergence) is based on lime / red color.
3. Small divergence (Hidden Divergence) is based on contrast color of chart background.

█  EXAMPLES / USAGES

8 באפר׳ 2023

הערות שחרור

Correction for overlay.

5 במאי 2023

הערות שחרור

• Add reference to prevent wrong historical data
  
• Correction : bigBear false, kidBear : false
  
• Compare with built-in Divergence Indicator for better understanding