RSI Screener Multi Timeframe [5ema]

This indicator is the simple version of my indicator: RSI Screener and Divergence .
Only show table with values, signals at 5 custom timeframes.

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I reused some functions, made by (i believe that):
©paaax: The table position function.
@kingthies: The RSI divergence function.
@QuantNomad: The function calculated value and array screener for 40+ instruments.
I have commented in my code. Thanks so much!

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How it works:

1. Input :

• Length of RSI => calculate RSI.
  
• Upper/lower => checking RSI overbought/oversold.
  
• Right bars / left bars => returns price of the pivot low & high point => checking divergence.
  
• Range upper / lower bars => compare the low & high point => checking divergence.
  
• Timeframe => request.security another time frame.
  
• Table position => display screener table.
  

2. Input bool:

• Regular Bearish divergence.
  
• Hidden Bullish divergence .
  
• Hidden Bearish divergence.
  

3. Basic calculated:

• Make function for RSI , pivot low & high point of RSI and price.
  
• Request.security that function for earch time frame.
  
• Result RSI, Divergence.
  

4. Condition of signal:

Buy condition:

• RSI oversold (1)
  
• Bullish divergence (2).
  

=> Buy if (1) and (2), review buy (1) or (2).

Sell condition:

• RSI overbought (3).
  
• Bearish divergence (4).
  

=> Sell if (3) and (4), review sell (3) or (4).
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Table screener:

• Time frame.
  
• RSI (green - oversold, red - overbought)
  
• Divergence (>> - regular bullish , << regular bearish , > - hidden bullish , < - hidden bearish ).
  
• Signal (green ⦿ - Buy, red ⦿ - Sell, green 〇 - review buy, red 〇 - review sell).
  

- Regular Bearish divergence:

- Regular Bullish divergence:

- Regular Bullish divergence + RSI overSold

- Regular Bearish divergence + RSI overBought

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This indicator is for reference only, you need your own method and strategy.
If you have any questions, please let me know in the comments.

發布通知:

Add up RSI MA.

發布通知:

sorry!
i update its code again

發布通知:

• Optimizing the code
  
• Add theme color
  

發布通知:

wrong content