RSI Divergence Multi-Timeframe Alert

[Indicator] RSI Divergence & Dual Moving Average (EMA 9 / WMA 45)
The Perfect Synergy of Momentum and Trend Following

This indicator is a comprehensive trading system designed to merge trend-following logic with high-probability reversal signals. It provides a clean, visual approach to the markets by combining three essential components: RSI 14, EMA 9, and WMA 45.

💡 Trading Philosophy
The biggest challenge for any trader is catching a reversal without fighting the primary trend. This system solves that by using a "Triple-Filter" approach:

WMA 45 (Weighted Moving Average - The Backbone): Acts as your primary trend filter. By giving more weight to recent data, it offers a smoother yet more responsive trend line compared to a standard SMA.

EMA 9 (Exponential Moving Average - The Trigger): A fast-reacting average that identifies short-term momentum shifts and provides early entry points.

RSI 14 (Relative Strength Index - The Engine): Measures price velocity and automatically identifies Divergence/Convergence—the most reliable signs of trend exhaustion.

✨ Key Features
Auto Divergence Detection: Automatically identifies and plots Bullish/Bearish Divergences directly on the RSI oscillator, saving you from "eye-straining" manual analysis.

Smart Trend Filtering: Eliminates market noise. The system suggests looking for Longs only when price is above the WMA 45 and Shorts when below.

Integrated Alert System: Set up custom alerts for RSI Divergences or Moving Average crossovers, so you never miss a high-quality setup while away from your screen.

🛠 How to Trade with This System
Define the Bias: Check the price position relative to the WMA 45 to determine the major trend.

Identify Momentum Shifts: Look for an RSI Divergence alert near overbought (70) or oversold (30) levels.

Confirm the Entry: Enter when the EMA 9 crosses in your direction or when the price successfully retests the EMA 9 after a divergence signal.

📝 Pro Tips
Timeframes: Best performed on H1, H4, and Daily charts to minimize market noise.

Confluence: For the highest win rate, look for divergences that occur at key Support/Resistance or Supply/Demand zones.

Risk Management: Always use a stop-loss and consider the WMA 45 as a dynamic trailing stop.

Happy Trading! If you find this script helpful, please leave a Like and Follow for more professional trading tools.