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RSI Divergence

FREE

Version: 1.2.1.0

Categories: cTrader, Indicators

It’s another divergence recognition indicator similar to our previous MACD divergence indicator but it uses RSI instead of MACD.

The divergence recognition algorithm is very powerful and accurate, it doesn’t miss a single setup and you can control the complexity of the model by changing the minimum divergence slope in terms of Pips.

The indicator has two different version, one for RSI itself and another for price chart.

Both versions of the indicator are fully in sync with each other and you will be able to see the same setup on both your candlestick price chart and RSI indicator window.

Features

Changing the price source
Popup, sound, and email alert whenever it founds a new setup
Setting the minimum slope of divergence in Pips
Setting different colors for bullish and bearish setups
No repaint

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Version 1.2.1.0

Release Date: January 2, 2021

Changed: Licensing system

Version 1.2.0.0

Release Date: December 6, 2020

Changed: Divergence calculation algorithm

Version 1.1.11.0

Release Date: August 19, 2020

Changed: Licensing model