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MetaTrader 5 Indicator | RSI_Divergence

RSI Divergence draws the RSI indicator line in a separate window and displays found divergences in the indicator window and on the price chart.

It has six input parameters:

  • Period - calculation period
  • Applied price
  • Overbought - overbought level
  • Oversold - oversold level
  • Bullish color - color of bullish signal arrows and lines
  • Bearish color - color of bearish signal arrows and lines

Divergences are detected only on segments where RSI line is above/below overbought/oversold levels.

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