This script allows you to scan multiple assets and timeframes for bullish and bearish divergences based on the RSI (Relative Strength Index) indicator.
Features
Supports up to 40 different assets and timeframes for simultaneous scanning.
Customizable settings for RSI period and source.
Adjustable lookback periods for identifying pivot highs and pivot lows.
Flexible range limits for filtering divergences based on the number of bars since the last pivot point.
Alerts for bullish and bearish divergences on confirmed bars.
Thanks for sharing open source script, similar type screener script i see on daveatt script, this script only shows regular divergence, what changes need on this script for hidden divergence. i try but not succesful on divergence condition.
Indicator_Wizard
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@farukulla2011, Noted! Next update will include Hidden support and other improvements
chrisyeah
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thx 4 sharing, but it seems most of the time i get "nothing intresting", any advice?
kakola
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@q19164690, It looks like you have to populate the list of assets in the settings, like a screener.
callumjhooker
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Thanks for this script. Would there be a way to add to the pinescript code to get an alert when any of the assets have divergence? At the moment you would have to set individually for each asset
Indicator_Wizard
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@callumjhooker, Hello , please review your indicators. I've granted you access to a new version. Looking forward to your feedback. Regards.
Livinontheflipside
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Hey man, I'm not a coder by any means, but I haven searching high and low for a way to screen for RSI divergences (normal and hidden).
I added your indicator to a chart but dont have the slightest clue on how to use it. By chance would you be able to write up a quick step by step guide in lamens terms?
All good if thats asking too much, but I need to find a way to screen for RSI divergences across as much of the market as possible, and haven't found a paid screener out there that can do it (although I have requested the feature with the TradingView team via their reddit forum).
I've invited you to a private version (not paid for the moment) of the indicator. check your indicators for "RSI Divergence Screener [Indicator_Wizard]" and add it to your chart. You'll find all the details on how to use it in the description!
ecenathanielmorales97
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Hi thanks for the script. I'm also getting nothing interesting most of the time.