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Caretaker's On-Pane Rsi Divergence Identifier

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Caretakers On-Pane Rsi Div 5
This indicator is a divergence identification indicator, it uses a logic of defining a local high or low based upon multiple candle closes and then takes into account a user specified look back period to check for divergence in the RSI oscillator between two or more successive local highs/lows. RSI divergence is when price action is making two or more successive local highs or lows and the RSI oscillator makes a lower high or higher low respectively.

This indicator looks for both regular Bull & Bearish divergence as well as hidden Bull & Bearish divergence and is color coded. As default, green indicates regular bullish divergence , red indicates regular bearish divergence, orange indicates bearish hidden divergence and blue indicates hidden bullish divergence .

Dotted lines indicate that a signal is not fully confirmed but is in progress.

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Added new function that can apply the same divergence measurement to other indicators by selecting 'External Source'
發行說明
Added several user defined calculations.
Added Cutler's version as as a user defined option. Users may now choose between Cutler's and Wilder's version of the RSI.
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Added visibility inputs for user preferences.
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Added Offsets

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