1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Hybrid RSI+MFI - Gold Divergence detects divergences by comparing price and MFI slopes from linear regression. The MFI receives extra weight during divergence to amplify the effect. A TMA smooths the hybrid result for visual trend analysis. An optional USDT.D RSI adds inverse correlation. It draws the oscillator, TMA, and level lines in a separate pane with gold colors. Main settings adjust divergence sensitivity, MFI base weight, and lengths for RSI, MFI, and TMA. It signals divergences visually but provides no trade entries or exits.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Amplificador de Divergencia
float
1.5
divSensitivity
MFI Dominance (Base)
float
0.7
mfiBaseWeight
RSI Length
int
14
rsiLen
RSI Source
source
close
rsiSrc
MFI Length
int
14
mfiLen
TMA Length
int
40
tmaLen
Show USDT.D (Inverse)
bool
true
showUsdt
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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