RSI Divergence Suite Pro
- Indicators
- German Pablo Gori
- Version: 1.1
RSI Divergence Suite Pro - Advanced Indicator for MetaTrader 5
Overview The RSI Divergence Suite Pro is an advanced technical indicator for MetaTrader 5 that automatically detects divergences between price and RSI, providing high-precision trading signals. This professional indicator combines the power of RSI with divergence analysis, multi-timeframe support/resistance, and a complete alert system.
Main Features
- Advanced Divergence Detection
- Four types of divergences:
- Regular Bullish: Bullish signal when price makes lower lows but RSI makes higher lows
- Regular Bearish: Bearish signal when price makes higher highs but RSI makes lower highs
- Hidden Bullish: Bullish trend confirmation (continuation)
- Hidden Bearish: Bearish trend confirmation (continuation)
- Integrated quality filters:
- Minimum volume filter
- ATR volatility filter
- RSI levels filter (overbought/oversold)
- Bar distance filter
2. Strength Classification System
- Automatic categorization of signals:
- Strong: Divergences with RSI difference above the configurable threshold
- Normal: Divergences that meet the minimum criteria
- Differentiated visualization:
- Solid lines for strong signals
- Dashed lines for normal signals
- Customizable colors for each type of divergence
3. Real-Time Information Panel
- Customizable panel displaying:
- Type of the last detected divergence
- Signal strength level
- Colors adapted to the divergence type
- Adjustable position and size
4. Multi-Timeframe Support/Resistance System
- Simultaneous analysis of 9 timeframes:
- From M1 to Monthly
- Selective activation of timeframes according to needs
- Intelligent grouping of levels:
- Configurable tolerance to avoid duplicates
- Clear visualization with customizable colors and styles
5. Complete Alert System
-
Five notification methods:
- Popup alerts
- Email notifications
- Push notifications with history
- Customizable sound alerts
- Visual panel on the chart
-
Integrated alert history:
- Stores the last 6 alerts
- Includes timestamp, symbol, timeframe, and type
- Sending history in push notifications
6. Informative Labels
- Display of current values:
- Current RSI value
- Current ATR value
- Current candle timer
Customizable Parameters
RSI Configuration
- RSI_Period: Period for RSI calculation
- StrengthRsiDiffThreshold: Threshold to consider a divergence as strong
Quality Filters
- ZigZag_Depth: Depth to detect significant peaks and valleys
- Volume_Filter: Minimum volume filter to validate signals
- Vol_Min: Minimum ATR value to filter low volatility periods
- Filter_UseRsiLevels: Enable RSI levels filter
- Filter_RsiOverbought/Filter_RsiOversold: Overbought/oversold levels
- Filter_UseBarDistance: Enable bar distance filter
- Filter_MinBarDistance/Filter_MaxBarDistance: Allowed distance range
Visual Customization
- RegBullColor, RegBearColor: Colors for regular divergences
- HidBullColor, HidBearColor: Colors for hidden divergences
- EnableStrengthStyle: Enable line styles based on strength
- DefaultLineStyle: Default line style
- PanelBackColor: Panel background color
- PanelTextColorNormal/PanelTextColorStrong: Panel text colors
- PanelCorner, PanelXDistance, PanelYDistance: Panel position
- PanelFontSize: Panel font size
Support/Resistance Configuration
- ShowSRLines: Enable/disable S/R lines
- SR_Lookback: Number of bars to analyze
- SR_UseM1, SR_UseM5, ...: Selection of timeframes for analysis
- SupportColor, ResistanceColor: Colors for S/R lines
- SR_LineStyle, SR_LineWidth: Style and thickness of S/R lines
- SR_Tolerance_Percent: Tolerance to group nearby levels
Alert System
- EnableAlerts: Enable/disable alert system
- AlertOnRegularBullish, AlertOnRegularBearish, ...: Selection of divergence types for alerts
- UsePopupAlert, UseSoundAlert, ...: Notification methods
- AlertOncePerBar: Limit to one alert per bar for each type
- SoundFileName: Custom sound file
Competitive Advantages
- Superior Precision: Advanced algorithm with multiple filters to eliminate false signals
- Dual Visualization: System that shows divergences both on the price chart and in the RSI window
- Multi-Timeframe Analysis: Integration of information from multiple timeframes
- Complete Customization: More than 50 adjustable parameters to adapt to any trading style
- Resource Optimization: Designed for optimal performance even on charts with many instruments
- Intelligent Memory Management: Automatic cleaning of graphic objects and selective recalculation
Practical Applications
- Reversal Trading: Precise identification of potential market turning points
- Continuation Trading: Confirmation of existing trends with hidden divergences
- Multi-Asset Analysis: Compatible with all instruments (Forex, Stocks, Indices, Cryptocurrencies)
- Scalping and Day Trading: Clear and precise signals on low timeframes
- Swing Trading: Identification of longer-term opportunities on higher timeframes
Conclusion
The RSI Divergence Suite Pro represents a complete solution for traders looking to identify high-probability trading opportunities based on divergences. Its unique combination of advanced detection, strength classification, multi-timeframe analysis, and alert system makes it an indispensable tool for any technical trader using MetaTrader 5.