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KT RSI Divergence indicator
MT4 | MT5

rsi divergence indicator logo

-- Lifetime Access --


Also available on MQL5

Specs
Release date:November 21, 2019
Last updated:July 21, 2022
Current version:1.1
Product type:Indicator
Requirements:MT4 | MT5
  • Description
  • Update Log

KT RSI Divergence indicator shows the regular and hidden divergences built between the price and Relative Strength Index (RSI) oscillator.

Divergence can depict the upcoming price reversals, but manually spotting the divergence between price and oscillator is not an easy task.

  • Positive Divergence: The price makes the lower lows, but RSI makes the higher lows. The phenomenon is also known as bullish divergence.
  • Negative Divergence: The price makes the higher high, but RSI makes the lower high. The phenomenon is also known as bearish divergence.

Features

  • Ability to choose the alerts only for the divergences that occur within an overbought/oversold level.
  • Irregular divergences are discarded for better accuracy and lesser clutter.
  • It can detect both regular and hidden divergences.
  • Support trading strategies for trend reversal and trend continuation.
  • Fully compatible for embedding into Expert Advisors.
  • You can use it for the entries as well as for exits.
  • It works equally well in smaller time frames for short-term trading.
  • All Metatrader alerts are available.

Read More

Screenshots


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Reviews

  • Good RSI Divergence Indicator

    This is really good. However, when I switch to another time frame, it RSI indicator does not load properly and only showing some dots.

  • Seems very accurate

    Thnks for providing such good a tool for free.

  • Powerful Divergence Indicator

    RSI is more way better than stochastic when it comes to divergence detection, thank billion time sir for this free indicator. It generates less signals but very high accuracy. Once again i appreciate for your hard work to build this indicator. Greeting from Indonesia

  • KT RSI Divergence Indicator

    A powerful leading indicator. Thank you!

  • GG

    wow

  • VOLATILITY INDICATOR

    IT IS AMAZING

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