Indicator showing potential momentum divergences on RSI Momentum.
The problem with the classic divergence is that when the signal appears, it is sometimes too late to enter a trade. The potential divergence corrects this problem by signaling the beginning of a potential divergence.
RSI is a momentum indicator that offers relevant insights with divergences.
Potential divergences are indicated with the letter B and a red color for Bearish Div or Green color for Bullish Div . Potential divergence is confirmed when the line and the label "Bear"' or "Bull" appear.