KS RSI Divergence with Vertical Lines

Product description

KS_RSI_Divergence

This is a RSI Divergence Indicator for MetaTrader 5. It identifies Regular and Hidden divergences between price and RSI, which are signals for potential trend reversals and trend continuations.

if you like this indicator and using it plz give positive feedback for more creativity in trading concept

Core Purpose

It automatically detects when price and RSI are not moving in sync, highlighting:

Reversal signals (Regular Divergences)
Trend continuation signals (Hidden Divergences)

Key Features
Feature Description
RSI Plot Clean RSI line (default 14) in separate window with standard levels (30, 50, 70)
Regular Bullish Divergence Price makes lower low, RSI makes higher low → Strong bullish reversal signal (Green)
Hidden Bullish Divergence Price makes higher low, RSI makes lower low → Bullish continuation signal (Lime Green)
Regular Bearish Divergence Price makes higher high, RSI makes lower high → Strong bearish reversal signal (Red)
Hidden Bearish Divergence Price makes lower high, RSI makes higher high → Bearish continuation signal (Orange Red)
Visual Elements - Divergence trendlines - Arrows at detection points - Text labels (" Bull ", " H Bull ", etc.) - Optional Vertical Lines on main chart
Higher Timeframe Support Can run RSI and divergence detection on any timeframe (e.g., show H4 divergences on M15 chart)
Smart Pivot Detection Uses left/right lookback bars to identify significant RSI swing highs/lows