This indicator alerts you only if there are divergences after price was oversold or overbought
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updated the screenshot and contact details
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Added the option to set min and max RSI for Bear and Bull alerts
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Included the backtester into the source code You need to uncomment a few lines to disable the alerts and enable the backtester. You cant use both at the same time
and added few more tweaks and settings The default settings are still not to good and need to be adjusted for each timeframe
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Added a few more options for the back tester. Added few info descriptions to improve usability
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now your able to set manual price ranges where you wanna look for divergences
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now with EMAs do define ranges default settings are a little bit better
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this indicator includes all the changes from the closed source indicator Ultimate Bullish divergence
Hi man! Great script! Love the design. Question; how do these alerts work? I would like to set an alert for example when the RSI gets over 60 and under 30. Is that possible with this indicator?
imal_max
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@Jamesconas, this will only give you alerts when you have divergence. the oversold option is to filter divergence alerts to only when oversold
imal_max
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default settings are pretty shit and depend on the timeframe, you gotta play around with it
StrangeNights
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@imal_max, whats your setting for 1 min timeframe?