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Upward Divergence with RSI Confirmation

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This indicator identifies upward divergences, signaling potential trend reversals from a downtrend to an uptrend. It combines price-action analysis with RSI confirmation to provide high-probability signals for upward momentum.

Key Features:
Divergence Detection: Captures key moments where downtrend weakness transitions into upward momentum.
RSI-Based Filtering: Confirms signals using RSI exceeding a user-defined threshold, adding reliability to the signals.
Customizable Parameters: Allows traders to adjust settings for downtrend length, RSI period, thresholds, and more.
Visual Signals: Displays upward markers on the chart for easy identification of signals.
Alert Ready: Includes real-time alert conditions to ensure you never miss a signal.

How to Use:
Add the indicator to your chart and configure the settings via the input menu.
Look for visual markers (arrows) to identify potential trend reversals.
Combine this indicator with other tools for a more robust trading strategy.

This indicator is ideal for traders looking to enhance their analysis with RSI-confirmed divergence patterns, whether trading stocks, forex, or cryptocurrencies.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.