RSI Divergence Hunter v1.0.0

RSI Divergence Hunter v1.0.0
Description:

The "RSI Divergence Hunter" is an essential Pine Script tool built for busy professionals and businesses who want to uncover hidden market opportunities without continuous monitoring. This indicator automatically detects and plots both bullish and bearish RSI divergences, a powerful signal that often precedes significant trend reversals.

Manual detection of divergence is a time-consuming and subjective process. Our tool eliminates this guesswork by:

Automatically finding divergences: It scans the price action and the RSI indicator in real-time to identify potential trading opportunities for you.

Providing clear visual signals: The indicator plots lines directly on your chart, highlighting where a divergence has occurred.

Saving you time: Instead of manually scanning charts for hours, you can receive alerts and focus on what matters most—making confident, data-backed decisions.

This tool is perfect for those who understand the value of a professional-grade analysis but lack the time for manual execution. It's a key component for any strategy focused on trading momentum shifts and trend reversals.

Disclaimer:

This indicator is for educational and informational purposes only. It should not be considered financial advice. The use of this tool for live trading is at your own risk. Past performance is not an indicator of future results. Always conduct your own thorough research and analysis before making any trading decisions.