RSI_Divergence - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
RSI Divergence draws the RSI indicator line in a separate window and displays found divergences in the indicator window and on the price chart.
It has six input parameters:
Divergence is detected only on the portion of the RSI line above/below the overbought/oversold levels.
Attachment download
📎 rsi_divergence.mq5 (29.11 KB)
Source: MQL5 #22602
RSI_Divergence - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
RSI_Divergence - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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