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 v6 · Own pane
RSI Divergence Indicator
Plots a standard 14-period RSI in a separate pane with 30, 50 and 70 reference lines and detects divergence between RSI and price.
GitHub stars1on the repository
Pine versionv6current
Lines of code174
Settings10inputs
LicenceNone stated
Last update6 months ago17 Apr 2026
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 Indicator compares confirmed pivot lows and highs of the RSI against price over a minimum and maximum bar range. Regular bullish and bearish divergences are labelled by default, and hidden versions can be switched on. Because pivots need bars on the right to confirm, labels appear a few bars after the turning point. Inputs set RSI period, source and pivot lookbacks.
- RSI with 30, 50 and 70 levels
- Regular bullish and bearish divergence labels
- Optional hidden divergences
- Adjustable pivot lookbacks and range
Details
Published by
dtheran1 on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Oscillators & momentum, Divergence
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.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| RSI Period | int | 14 | len |
| RSI Source | source | close | src |
| Pivot Lookback Right | int | 5 | lbR |
| Pivot Lookback Left | int | 5 | lbL |
| Max of Lookback Range | int | 60 | rangeUpper |
| Min of Lookback Range | int | 5 | rangeLower |
| Plot Bullish | bool | true | plotBull |
| Plot Hidden Bullish | bool | false | plotHiddenBull |
| Plot Bearish | bool | true | plotBear |
| Plot Hidden Bearish | bool | false | plotHiddenBear |
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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