RSI Divergence Indicator [New Age]

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NEW AGE RSI DIVERGENCE
RSI Divergence Strategy with Neon Glow Effect
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🔒 INVITE-ONLY ACCESS
This script requires an invitation to use.
To request access, please send me a private message.
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🎯 OVERVIEW
The New Age RSI Divergence is a clean, professional RSI Divergence strategy with a futuristic visual style featuring dynamic neon glow effects.

Designed for Precious Metals (XAUUSD, XAGUSD, GLD) and Indices (US100, US30, SPX) trading.
Best results on 5-minute to 1-hour charts with Regular Candles.

The strategy detects bullish and hidden bullish RSI divergences to identify high-probability long entries with integrated TP/SL management.


💎 WHAT MAKES THIS UNIQUE

Unlike standard RSI Divergence indicators, this strategy combines:
• Proprietary 4-layer Neon Glow visualization on RSI line (Cyan/Magenta)
• Clean signal labels with modern styling (▲ BULL / ◈ H.BULL)
• Integrated Take Profit and Stop Loss by percentage or points
• Pyramiding support for scaling into positions (up to 3)
• Configurable pivot detection for precise divergence identification
• Optimized defaults for precious metals and indices

This combination of visual design and risk management features is not available in standard RSI Divergence scripts.

Trade Smarter, not Harder.


📦 WHAT IS RSI DIVERGENCE?
RSI Divergence occurs when price action and RSI momentum disagree, often signaling a potential reversal or continuation.

**Regular Bullish Divergence (▲ BULL)**
• Price makes a Lower Low
• RSI makes a Higher Low
→ Signals potential trend reversal to the upside

**Hidden Bullish Divergence (◈ H.BULL)**
• Price makes a Higher Low
• RSI makes a Lower Low
→ Signals potential trend continuation in an uptrend


⚡ KEY FEATURES

✨ NEON GLOW EFFECT
• 4-layer glow effect on RSI line
• Layered lines (6px → 4px → 3px → 2px) with gradient transparency
• Cyan/Magenta color scheme for futuristic appearance
• Only Core RSI shows on price scale (clean view)

📊 DIVERGENCE DETECTION
• Regular Bullish Divergence (▲ BULL)
• Hidden Bullish Divergence (◈ H.BULL)
• Configurable pivot lookback periods
• Range filter to avoid false signals

🎚️ RISK MANAGEMENT
• Take Profit by RSI Level
• Take Profit by Percentage or Points
• Stop Loss by Percentage or Points
• Pyramiding support

⚠️ EXIT CONDITIONS
• RSI crosses above Take Profit Level
• Bearish Divergence appears (counter-signal)
• Price hits TP or SL level

📈 INFO DISPLAY
• Zone fill between Overbought (70) and Oversold (30)
• Dashed OB/OS lines with color coding
• Clean black text on cyan labels for visibility


⚙️ SETTINGS

POSITION SIZE
└── Lot Size

TRADE DIRECTION
├── Enable Long
└── Enable Short

RSI SETTINGS
├── RSI Period
├── RSI Source
├── Pivot Lookback Right
├── Pivot Lookback Left
└── Take Profit at RSI Level

TAKE PROFIT
├── Use TP Percent
├── TP Percent
├── Use TP Points
└── TP Points

STOP LOSS
├── Use SL Percent
├── SL Percent
├── Use SL Points
└── SL Points

LOOKBACK RANGE
├── Max of Lookback Range
└── Min of Lookback Range

DIVERGENCE PLOTS
├── Plot Bullish
├── Plot Hidden Bullish
├── Plot Bearish
└── Plot Hidden Bearish


📈 HOW TO USE

1. Apply to XAUUSD, US100, or GLD on 5min-1H timeframe
2. Use Regular Candles for realistic results
3. Wait for divergence signal:
→ ▲ BULL = Regular Bullish Divergence
→ ◈ H.BULL = Hidden Bullish Divergence
4. Strategy enters LONG automatically on signal
5. Position closes when:
→ RSI crosses above TP level
→ Bearish divergence appears
→ Price hits TP% or SL%
6. Pyramiding allows up to 3 positions


⚠️ IMPORTANT RISK WARNING

**Always use a Stop Loss!**

RSI Divergence strategies are vulnerable during flash crashes or strong trend moves. A divergence signal does NOT guarantee a reversal.

Without proper risk management, a sudden market crash can lead to significant losses. The default 10% Stop Loss is a safety net — adjust according to your risk tolerance and account size.

This indicator is a tool to assist your trading decisions, not a guarantee of profits.


💡 BEST PRACTICES

• Most effective on Precious Metals (Gold, Silver) and Indices
• Use 5-minute to 1-hour timeframes
• Always enable Stop Loss — divergences can fail
• Hidden Bullish works best in confirmed uptrends
• Regular Bullish works best at support levels
• Avoid trading during high-impact news events
• Consider market structure before entering


🔔 ALERTS

• RSI Long Entry - Bullish or Hidden Bullish Divergence detected
• RSI Long Exit - TP/SL hit or counter-signal

Fully automatable with Tickerly for hands-free trading.


📞 SUPPORT

Support is provided exclusively to users with active access.
Questions? Send me a private message.


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© AL_R4D1 - New Age Style Trading Tools
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