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 [trugurpala]
The RSI Divergence indicator plots the Relative Strength Index in a separate pane with horizontal lines for overbought at 70, mid at 50, and oversold at 30.
GitHub stars4on the repository
Pine versionv6current
Lines of code45
Settings5inputs
LicenceMIT
Last update2 months ago3 Aug 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 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
45 lines of Pine Script v6 from examples/indicators/14_rsi_divergence.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
//@version=6
// RSI Divergence Detector — github.com/trugurpala/pinescriptv6
// Author: Ugur Pala · mail@ugurpala.com
indicator("RSI Divergence [trugurpala]", overlay=false)
// ── Inputs ───────────────────────────────────────────────────────────────────
int rsiLen = input.int(14, "RSI Length", minval=1)
int lbR = input.int(5, "Pivot Right", minval=1)
int lbL = input.int(5, "Pivot Left", minval=1)
int rangeUpper = input.int(60, "Max Lookback", minval=5)
int rangeLower = input.int(5, "Min Lookback", minval=1)
// ── Calculations ─────────────────────────────────────────────────────────────
float rsi = ta.rsi(close, rsiLen)
// RSI pivot noktaları
float rsiPivHigh = ta.pivothigh(rsi, lbL, lbR)
float rsiPivLow = ta.pivotlow(rsi, lbL, lbR)
float pricePivHigh = ta.pivothigh(high, lbL, lbR)
float pricePivLow = ta.pivotlow(low, lbL, lbR)
// Bearish Divergence: Fiyat YY ama RSI DD
bool bearDiv = not na(rsiPivHigh) and not na(pricePivHigh) and
high[lbR] > ta.valuewhen(not na(ta.pivothigh(high, lbL, lbR)), high[lbR], 1) and
rsi[lbR] < ta.valuewhen(not na(ta.pivothigh(rsi, lbL, lbR)), rsi[lbR], 1)
// Bullish Divergence: Fiyat DD ama RSI YY
bool bullDiv = not na(rsiPivLow) and not na(pricePivLow) and
low[lbR] < ta.valuewhen(not na(ta.pivotlow(low, lbL, lbR)), low[lbR], 1) and
rsi[lbR] > ta.valuewhen(not na(ta.pivotlow(rsi, lbL, lbR)), rsi[lbR], 1)
// ── Visuals ──────────────────────────────────────────────────────────────────
hline(70, "OB", color.new(color.red, 40), hline.style_dashed)
hline(50, "Mid",color.new(color.gray, 60), hline.style_dotted)
hline(30, "OS", color.new(color.green, 40), hline.style_dashed)
plot(rsi, "RSI", color.new(color.blue, 20), linewidth=2)
plotshape(bearDiv, "Bear Div",
shape.triangledown, location.abovebar, color.red, size=size.small)
plotshape(bullDiv, "Bull Div",
shape.triangleup, location.belowbar, color.green, size=size.small)
alertcondition(bearDiv, "Bearish Divergence", "RSI Bearish Div — {{ticker}}")
alertcondition(bullDiv, "Bullish Divergence", "RSI Bullish Div — {{ticker}}")
Overview
RSI Divergence [trugurpala] detects bullish divergence when price forms a lower low but RSI forms a higher low, marked by a green upward triangle. Bearish divergence appears when price makes a higher high but RSI a lower high, shown with a red downward triangle. The script uses inputs to set RSI length, pivot left and right bars, and lookback ranges for searches. It sends alerts for both divergence types but provides no exit rules or stop loss as it is a non-strategy indicator.
- RSI Divergence Detector
- Bullish Divergence
- Bearish Divergence
- RSI Pivot Points
- Alert Conditions
Details
Published by
trugurpala 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.
Topics
aialgorithmic-tradingclaude-codecodexcoding-agentsgithub-copilotopen-sourcepine-scriptpine-script-v6technical-analysis
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 | rsiLen |
| Pivot Right | int | 5 | lbR |
| Pivot Left | int | 5 | lbL |
| Max Lookback | int | 60 | rangeUpper |
| Min Lookback | int | 5 | rangeLower |
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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