This indicator calculates momentum setups based on the Relative Strength Index (RSI) and plots in a separate pane. It offers multiple scanning modes such as Continuous Break, Continuous Retracement, Flip Break, Flip Retracement, and both regular and hidden div
Indicator · Pine Script v5 · Own pane
RSI Divergence Detector [Lab]
Calculates the Relative Strength Index (RSI) and automatically detects regular and hidden bullish and bearish divergences against price movements.
GitHub stars4on the repository
Pine versionv5runs as is
Lines of code304
Settings11inputs
LicenceCustom licence
Last update11 months ago17 Nov 2025
Add It to Your TradingView Chart
- 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
RSI Divergence Detector [Lab] identifies pivot highs and lows in both price and RSI across a configurable lookback window, drawing lines and labels in a separate indicator pane to highlight potential reversals or trend continuations. Users can toggle specific divergence types and adjust RSI length, pivot lookback length, and visual colors. Note that pivot confirmation introduces a confirmation delay equal to the pivot lookback length.
- Automatic regular and hidden RSI divergence detection
- Pivot-based pattern recognition on price and RSI
- Configurable pivot lookback length and pivot search range
- Customizable visual styling and opacity for hidden divergences
Details
Published by
mitchell-917 on GitHub
Type
Draws
Separate pane below the chart
Category
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| RSI Length | int | 14 | rsiLength |
| RSI Source | source | close | rsiSource |
| Pivot Lookback Length | int | 5 | pivotLength |
| Pivot Lookback Range | int | 5 | lookbackPivots |
| Show Regular Bullish Divergence | bool | true | showRegularBull |
| Show Regular Bearish Divergence | bool | true | showRegularBear |
| Show Hidden Bullish Divergence | bool | true | showHiddenBull |
| Show Hidden Bearish Divergence | bool | true | showHiddenBear |
| Bullish Divergence Color | color | color.new(color.lime, 0) | bullishColor |
| Bearish Divergence Color | color | color.new(color.red, 0) | bearishColor |
| Hidden Divergence Opacity | int | 40 | hiddenOpacity |
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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