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RSI Divergence Indicator

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$24.28
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RSI Divergence Indicator

RSI Divergences is an indicator that shows where RSI and price are in a divergence. Divergences are the original reason of the oscillator creations and they are one of the most viewed market indicator by professional traders, to forecast possible market inversions.

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General Description

The Indicator can be used in an Expert Advisor or as a support of manual trading.

Indicator Description

This indicator is composed by the OnWindow part:

  1. OnWindow: 1 buffers to read the RSI-price divergences:
    • Buffer 0: value 0 if now there is no pattern, -1 bearish pattern now, +1 bullish pattern now.

Product Description

The product is composed by:

  1. RSI Divergences Indicator .ex4 format to forecast inversions or continuations of the market trend
  2. A readme.txt file containig the set of information to start using the indicator step by step
  3. Instructions.pdf containing the explanation of the input parameters and how to read the indicator in an Expert Advisor 
The material on this website is intended for information purpose only. No investment advice or solicitation to buy or sell securities is given or in any manner endorsed by BacktestMarket. Expert Advisors and Indicators are for code learning purpose. No investment or trading advice, recommendation or opinions is being given or intended. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. You should not invest or risk money that you cannot afford to lose. For further details please read the "Terms of Service" to see the full set of terms and conditions. Copyright © 2025 BacktestMarket, Inc. 01462330521. All rights reserved.