Daveatt

BEST Currency Strength Indicator Divergence

Hello traders

Hope you had a great Thanksgiving
Now it's my turn to give and all I ask in return is you to be thankful (did I get the "Thanksgiving" thing right?)

The Currency Strength Indicator plots an average of the selected FX pairs in the indicator.
Someone asked me if I could develop an alternative of that script adding a divergence component.
The script evaluates the divergences between the average of the selected RSI (FOREX pairs) and the RSI (FOREX pair) displayed on the chart.

This version includes new features such as:

- the RSI length can now be selected
- we can select the 6 pairs used for the divergence calculations

All the BEST my aspiring traders and quants
See you tomorrow for another script

Dave
סקריפט קוד פתוח

ברוח TradingView אמיתית, מחבר סקריפט זה פרסם אותו עם קוד פתוח, כך שסוחרים יוכלו להבין ולאמת זאת. הידד למחבר! אתה יכול להשתמש בו בחינם, אך שימוש חוזר בקוד זה בפרסום הנו בכפוף ל כללי הבית . אתה יכול להגדירו כמועדף ולהשתמש בו בגרף.

רוצה להשתמש בסקריפ זה בגרף?
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תגובות

Happy Thanksgiving, a little bit too late. Can you do a similar indicator for BTCUSD?
+2 השב
Daveatt totoroha
@totoroha, Hi there
In the indicator you can select the assets already. So You can select the cryptos you want and apply the indicator on a BTC chart
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totoroha Daveatt
@Daveatt, you mean this pair "FX_IDC:USDEUR"?I want to change it to BTCUSD, but don't know the initial part. Should it be CR_IDC which is crypto IDC?
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Daveatt totoroha
@totoroha, you can try BINANCE:BTCUSDT or BITSTAMP:BTCUSD
השב
Thanks. Can do for Nifty please
+2 השב
Daveatt krajesh
@krajesh, Nifty compared with other indices? or other Indian stocks?
השב
Thanks Daveatt! Great job!!
Season's greetings :)
+1 השב
Daveatt RAZNET
@RAZNET, I appreciate it
Greetings :)
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RAZNET Daveatt
@Daveatt, Thanks :) Was trying to adapt your indicator a little by changing price type to typical and adding two more instruments - DXY and USDOLLAR.

Receiving this error:

"line 72: The function 'anonym_function_2' should be called on each calculation for consistency. It is recommended to extract the call from the ternary operator or from the scope"

It's plotting the line anyway, but not sure what to do with the error. Could you advise please? No idea what "It is recommended to extract the call from the ternary operator or from the scope" means :))
השב
Daveatt RAZNET
@RAZNET, without seeing that piece of code, will be hard for me to help :)
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