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My EA trades RSI divergences, this means it compares RSI and price at 2 different points. For example, if price continues down, but RSI did not go lower, it will enter a buy.
My wish is to add a new function, namely the ability to enter a trade only when it find 2 divergences at the same time. This new function will more or less use the same code already available in my EA, but will have its own separate timeframe:
- If chart and Double Divergence are on the same timeframe, it will basically compare RSI and price between 3 points: Peak 1, Peak 2 and Entry. It will compare Peak 1 vs. Entry using Main Settings and Peak 2 vs. Entry using Double Div settings
- If the chart and Double Divergence are on different timeframe, it will enter trades only when there is a divergence on both timeframes. Here it will compare Peak 1 vs last closed bar using Main Settings on chart timeframe and Peak 2 vs last closed bar using Double Div settings on Double Div timeframe
Documentation and screenshots attached
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