We discuss how we can code RSI divergence indicator in pinescript Tradingview. Understanding this can improve your coding skills in pinescript. You will be able to code divergences in other indicators like on balance volume and stochastic. I also discuss the usage of functions in Pinescript. This also can be a big addition to your coding skills.
Some of the resource links I have discussed in the video are below
Pinecript User manual:
https://www.tradingview.com/pine-scri...
Pinescript language reference:
https://www.tradingview.com/pine-scri...
The full code can be downloaded here:
https://www.quantprogram.com/RSI_Div_...
Feel free to contact if you have any doubts or clarification in the coding.
Challenge 1: Create Sell side RSI divergence
Challenge 2: Create stochastic divergence
Challenge 3: Create On balance volume divergence
Challenge 4: Backtest a divergence strategy.
Let us know if you have any questions. HAPPY TO HELP.
Check out our channel for more backtesting and strategy videos.
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