Theory:
Have you checked out the original version of the RSI Slope Divergence? This upgraded version packs a few more features to enhance your trading experience:
- We’ve added an option for channel background colors, allowing you to customize your chart. If you want to skip the channel background, just set the color to 'none' (check out the second example below).
- Now with multi-time frame support! In addition to the standard time frames available in MetaTrader 5, you’ll find three “special” time frames:
- Next Higher Time Frame (the first time frame above your current chart)
- Second Higher Time Frame (the second time frame above your current chart)
- Third Higher Time Frame (the third time frame above your current chart)
Usage:
This tool is fantastic for detecting divergences in the market.
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