Divergence Strategy scans multiple technical oscillators to detect regular and hidden divergences against price action. It evaluates customizable indicators including MACD, RSI, Stochastic, CCI, Momentum, OBV, and Money Flow Index to trigger strategy entries o
Strategy · Pine Script v6 · On the chart
RSI Pattern Strategy
This script combines five distinct RSI pattern setups with volume ratio filters to generate trading signals.
GitHub stars1on the repository
Pine versionv6current
Lines of code45
Settings5inputs
LicenceNone stated
Last update1 year ago31 Mar 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 strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
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 Pattern Strategy identifies RSI double bottoms, hooks, bullish divergences, oversold bounces, and midline breakouts to form long conditions, alongside overbought downturns for short conditions. Buy and sell shapes are plotted directly on the main price chart. The script does not define risk management parameters such as stop losses or exit orders.
- Multiple RSI reversal and breakout pattern triggers
- Volume ratio filter based on a 20-period volume EMA
- Bullish RSI divergence and oversold bounce detection
- Visual signal shapes plotted directly on the price chart
Details
Published by
fuyuanyuan on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Oscillators & momentum, Divergence, Volume
Markets
Crypto
Timeframes
Any timeframe
Risk Notes
- The strategy enters trades without a stop loss
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| RSI周期 | int | 10 | rsiLen |
| 启用成交量过滤 | bool | true | volFilter |
| ATR周期 | int | 14 | atrPeriod |
| RSI超买阈值 | int | 75 | rsiOverbought |
| RSI超卖阈值 | int | 25 | rsiOversold |
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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