RSI Divergence Indicator (with alerts)

Many have requested me for indicator version with alerts for the RSI Divergence strategy. Here is the one ...

Please note alert triggers in delay by number of bars defined in the settings. (same as strategy) ...
Bar color also changes when alert triggers ...

Yellow Bar shows BUY
Purple Bar shows EXIT ( Exit the Long position ... NO SHORTing )

On each Yellow Bar can be added to existing position
On each Purple Bar , exit partial position OR exit the whole position

Appreciate your feedback.

Warning
Use for education purpose only ...

릴리즈 노트

Bar color changed to Blue when it is in Long trade

Here is the color code...

Bar turns Yellow when it takes Long Position

Once in Long position , Bar color turns to Blue

Bar turns to Purple when price reaches profit level defined in settings OR when bear condition appears

오픈 소스 스크립트

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.