Rsi Divergence

[PipPusher618]

Hey can someone help me with a string for rsi divergence?

[l'andorrà]

As I don't know what a string for rsi divergence is, I'm not the guy who can help you, but I'm interested in understanding what is that. Would you mind explaining it a bit more?

[PipPusher618]

@l-andorrà said in Rsi Divergence:

ut I'm interested in understanding what is that.

Rsi Pivot: Most reliable when following the CC trend.
(Orange Triangle) happens when RSI is making new High. Works well when price is trending down on an angle.
(Blue Triangle) happens when RSI is making new Low. Works well when price is trending up on an angle.

-Rsi Divergence: Price and Rsi are supposed to move the same way. If the price goes up and rsi goes down , or vice versa, that's divergence. This means the direction is starting to run out of steam. This is most reliable when away from the CC at the Bands.
Buy: When the now candles close is Lower than the pivot candles close but the rsi is Higher on the now candles close than the pivot candles rsi, price wants to come up.
(Green Triangle) happens when Price is making Lower Lows and Rsi is making Higher Low..
Sell: When the the now candles close is higher than the pivot candles close but the rsi is lower on the now candles close than the pivot candles rsi price wants to come down.
(Red Triangle) happens when Price is making Higher High and RSI is making Lower High.

[PipPusher618]

@ROAR
Hey brotha do you have any suggestion on how this can be accomplished?

[l'andorrà]

Well, do you have all those custom indicators correctly imported into your fxDreema account? Can they identify higher highs and lower lows with its buffers?

[roar]

@pippusher618 here's an example project:
https://fxdreema.com/shared/2HpRtQ8Pb

However, an EA will sometimes find divergences in unexpected places, because you only see the profitable ones.

[PipPusher618]

Thank you guys for trying to help i'm a lost cause. Sorry for the delayed response boys..
@l-andorrà
No I don't have them imported, they are from trading view not sure I can do that. I wish I could setup a bot to trade the strategy that pic is based off of but I'm not smart enough to make that work and i'm too broke to pay someone $500 to do it for me right now. lol.

@roar
Thanks for the example brotha this tree is super advance. As far as unexpected places I only need the ea to look for it when prices hit the bollinger bands. So if price crosses bollinger bands (2.5 div) + Rsi Divergence= Trade this strategy has worked well for me just wish I had an ea to do that.

[dragonfly617]

Hello Brother;
Could you share the link of this strategy using several bollinger bands.

[l'andorrà]

@pippusher618 We can try to complete here if you want. That will be cheaper than $500 for sure!

[PipPusher618]

Alright here it is boys its pretty complex but if you can figure out a way for this to be an ea we would kill the markets...
Strategy Based on What the Bands are doing!

[l'andorrà]

WOW! Impressive! Just curious, did you try it manually?

[PipPusher618]

Yes only on gold tho works very well

[l'andorrà]

Ok. I see triangles are required. That is a serious problem because fxDreema cannot define them. The only two options are creating them manually and the the EA to work semiautomatically or finding a reliable custom indocator drawing them that can be imported into fxDreema. Which option is more acceptable?

[chrisbe]

Hello, I can get it done for you, send me a message on telegram, let's talk @chrisexplore