This indicator scans a pasted list of symbols for RSI directional momentum and shows matching long and short signals in a table in a separate pane. The user chooses continuous break, continuous retracement, flip break, flip retracement, divergence, or hidden d
Indicator · Pine Script v6 · Own pane
RSI Divergence Indicator MP v3
This indicator calculates RSI and identifies regular and hidden bullish and bearish divergences against price swing pivots in a separate pane.
GitHub stars2on the repository
Pine versionv6current
Lines of code352
Settings21inputs
LicenceCustom licence
Last update4 weeks ago27 Sep 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 MP v3 features an early signal mode that uses a shorter lookback to detect provisional divergence earlier, tracking whether early pivots hold or fail over time. A built-in statistics table displays the early signal hit rate. Users can adjust RSI periods, pivot lookbacks, early lookback sensitivity, RSI zone thresholds, and toggle divergence trendlines on the main chart pane.
- Early divergence signals with reduced latency
- Regular and hidden RSI divergence detection
- Outcome tracking and hit-rate statistics table
- Configurable pivot lookbacks and zone filters
- Optional price chart divergence lines
Details
Published by
midngtpickle on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Oscillators & momentum, Divergence, Screeners & dashboards
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 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 |
| Use true swing extreme for price | bool | false | usePriceExtreme |
| Show early divergence signals | bool | true | earlyOn |
| Early pivot lookback right | int | 2 | fastRIn |
| Mark outcome (✓ held / ✕ failed) | bool | true | showOutcome |
| Show early-signal hit-rate table | bool | true | showStats |
| Confirm on bar close | bool | true | confirmOnClose |
Show all 21 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Require RSI pivot inside zone (regular div only) | bool | false | useZone |
| Bull: RSI pivot at or below | float | 40 | bullZone |
| Bear: RSI pivot at or above | float | 60 | bearZone |
| Min RSI difference between pivots | float | 0 | minOscDelta |
| Plot Bullish | bool | true | plotBull |
| Plot Hidden Bullish | bool | false | plotHiddenBull |
| Plot Bearish | bool | true | plotBear |
| Plot Hidden Bearish | bool | false | plotHiddenBear |
| Draw divergence lines on price chart | bool | false | showPriceLines |
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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