RSI Divergence Indicator

📌 Accurate Divergence Detection – The RSI Divergence Indicator for MT4 identifies bullish and bearish divergences to signal potential trend reversals.

📌 Dual Chart Display – Plots the RSI and its divergence on a smaller chart while also showing divergences on the main price chart for clear visualization.

📌 Bearish Divergence Signals – Occurs when RSI shows overbought conditions with a lower high, while the price forms a higher high, indicating weakening bullish momentum and possible downtrend reversal.

📌 Bullish Divergence Signals – Happens when RSI shows oversold conditions with a higher low, while the price forms a lower low, signaling weakening bearish momentum and potential uptrend reversal.

📌 Highly Customizable – Offers multiple settings and alert options, including sound, email, and push notifications.

📌 Universal Compatibility – Works on all time frames and currency pairs, making it suitable for any trading strategy.

📌 Beginner & Expert Friendly – Ideal for all skill levels, providing clear entry and exit signals.

📌 Lightweight & Easy to Use – Compact file size (45.8 KB) ensures smooth performance on MT4.

Input Settings & Controls

📌 RSIPeriod – Defines the number of periods used to calculate the Relative Strength Index (RSI).

📌 drawindicatorTrendLines – Enables or disables drawing of trendlines on the RSI indicator window.

📌 drawPrice TrendLines – Enables or disables drawing of trendlines on the main price chart.

📌 displayAlert – Activates alerts when a divergence signal is detected.

📌 displayHiddenDiv – Enables the display of hidden divergences on the chart.

📌 alerts ON – Controls whether alerts are globally turned on or off.

Devices Supported

Device Type	Operating System	Compatibility with TradingView
💻 Windows Laptop/Desktop	Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11	✅ Fully supported via app
🍏 MacBook / iMac	macOS 10.15+	✅ Fully supported via app
📱 Android / Mobile	Android OS	❌ Not supported

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