RSI Divergence Detector

RSI Divergence Detector with automatic pivot based detection

Spots bullish and bearish RSI divergences automatically by connecting pivot highs and lows on the RSI panel.

🔍 What it does

This indicator detects when price and RSI momentum disagree. One of the most reliable early warning signals in technical analysis.

Regular Bullish Divergence: Price makes a lower low while RSI makes a higher low. Momentum is improving despite price weakness, potential reversal to the upside.

Regular Bearish Divergence: Price makes a higher high while RSI makes a lower high. Momentum is fading despite price strength, potential reversal to the downside.

Hidden Bullish Divergence (need to turn on in options): Price makes a higher low while RSI makes a lower low. Trend continuation signal the pullback is likely over.

Hidden Bearish Divergence (need to turn on in options): Price makes a lower high while RSI makes a higher high. Downtrend continuation signal, the bounce is likely over.

📊 Visual Design

- Clean RSI line that changes color: green in oversold (below 30), red in overbought (above 70), white in the middle
- Subtle gradient fills on overbought/oversold zones
- Solid lines connecting divergence pivots on the RSI panel (green for bullish, red for bearish)
- Dashed lines for hidden divergences (when enabled)
- Small triangle markers when divergence is detected

⚙️ Settings

RSI Length: Default 14. Standard setting that works across most timeframes.

Pivot Lookback: Default 5. How many bars are needed to confirm a pivot point. Lower (3) = more signals. Higher (8-10) = fewer but stronger divergences.

Max Divergence Width: Default 60. Maximum bars allowed between two pivots forming a divergence. On daily charts, 60 bars is roughly 3 months.

Recommended settings by timeframe:
- Daily: Pivot 5, Width 60 (default)
- 4H: Pivot 5, Width 100
- Weekly: Pivot 3, Width 30
- 1H: Pivot 5, Width 120

Hidden divergence is OFF by default. Learn to read regular divergences first, then enable hidden for trend continuation signals.

🔔 Alerts

Built-in alert conditions for: Bullish Divergence, Bearish Divergence, Hidden Bullish, Hidden Bearish, Any Regular, and Any Divergence.

⚠️ Important Notes

Divergence signals appear with a delay equal to the Pivot Lookback setting (default 5 bars) because the indicator needs bars after a potential pivot to confirm it was a real turning point. This is by design accuracy over speed.

Divergence is a warning signal, not an entry trigger. Use it alongside other technical analysis, price action, and your own risk management. Not every divergence leads to a reversal.

This indicator is for educational and informational purposes only. Not financial advice.