Daveatt

BEST RSI Divergences Screener

Hello traders

I hope you're all hanging on at home with what's going on these days...
The good news is.... it gives us more time to trade ^^.... #positive #attitude

I - Concept

This screener detects whether the regular RSI divergences based on the TradingView Divergence built-in indicator (made by the gentleman @everget I believe)
With this screener, you can see in 1 view which of your favorite cryptos/stocks/forex pairs/etc. showing strong divergences

The gentlemen (and demoiselles) traders can play with the lookback/ranges inputs to adjust the divergences based on what they think is best of their trading/timeframe/instrument/life

On that script screenshot, I'm showing the BYBIT:BTCUSD part of the screener matching with the divergences on the chart

II - How did I set the screener

The visual signals are as follow:

- square: whenever a divergence is detected

Then the colors are:

- green when there is bullish regular divergence
- red when there is bearish regular divergence

Best regards
Dave
Release Notes: - Added alerts
Remove from Favorite Scripts Add to Favorite Scripts
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Comments

How can I add other currency pairs
+1 Reply
Daveatt leepakhan
@leepakhan, You can change the indicator settings OR add the same indicator multiple times, and then changing the currency pairs for each of your screeners
Reply
Thanks for sharing!
In your experience, what is best for alerts, on bar or on bar close?
+3 Reply
Daveatt shmeta
@shmeta, bar close avoid fakeouts for sure
Reply
if(sourceCode.contains("Security") { repaint = true; };
+1 Reply
Daveatt myncrypto
@myncrypto, if(DoNotPinescript) { shouldReadTheDocumentation = true;}
Reply
Daveatt Daveatt
Edit: if(DoNotKnowPinescript) { shouldReadTheDocumentation = true;}
Reply
so what is the exact buy point you use with this? when a green square indicates the divergence then that is the buy? Cool stuff man1
+1 Reply
Daveatt maudelebowski
@maudelebowski, you got it, green is for a bullish divergence (=buy)
Reply
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