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Re: Rsi alert divergence inaccurate

mntiwana, Fri Nov 16, 2018 10:27 pm

Krelian99 wrote: Fri Nov 16, 2018 8:00 pm

It compares the last two Highs or Lows with the current High or Low. The RSI is a bit shaky, use a smoothed RSI or better RSX with divergences or even better do it yourself. I don't need automatic divergences, I see them when they merge and wait for confirmation. The script is good on higher tfs (>H1), for scalping on M5 it's too late.
Honey Tobi
I never take interest or attractive to higher TFs but for you here is an example - :)
look how smartly i removed name and applied parameters from picture
you can rename it non repainting zz and or 2019 holy grail - all credits to Mladen/Mrtools for so fine toys
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