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JP DivWatcher (CT RSI Div Approx)

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JP DivWatcher is a powerful RSI-based divergence detection tool designed for TradingView. It automatically identifies both regular and hidden divergences on your chosen chart and highlights them for easy visualization. The script supports multiple points per divergence, allowing you to spot stronger or multi-point divergence setups.

Key Features:

Supports Regular Bearish/Bullish and Hidden Bearish/Bullish divergence detection.

Tracks RSI extremes over a customizable lookback period.

Adjustable parameters: RSI type (Wilder or Cutler), RSI length, overbought/oversold levels, scan frequency, and divergence span.

Highlights multi-point divergences for stronger signals.

Optional display of divergence lines on price or RSI overlay.

Plots RSI with overbought, oversold, and midline levels for quick reference.

Provides alerts for all divergence types, including large multi-point divergences.

Efficient scanning ensures divergence detection without cluttering charts.

Use Case:
Ideal for traders looking to spot potential trend reversals, continuation setups, or hidden strength/weakness in the market by analyzing divergences between price and RSI.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.