Crack_RACD_Divergence_Ver_1.0.1

This time our team spent so much time and effort developing a technical indicator that catches the trend reversal signal relatively earlier than any other existing indicators.
Two RSIs (which quantify the relative strength of the price momentum using closed price of a candle) with certain parameters that we have found were exponentially smoothed using our very own equations.
We have programmed it to be signaled when golden and death crosses appear above and below certain area that we have concluded it as an overbought and oversold zone.
Similar to MACD (Moving Average Convergence Divergence) trading strategy, the histogram represents the distance between two RSIs.
When the histograms are trending towards the centerline, this means that the RSIs are converging and vice versa when histograms are going away from the centerline.
Moreover, when this logic confirms swing highs/lows using highs and lows of the candles (instead of closed), it automatically shows both the bullish and bearish divergences.
Thank you.
안녕하세요 트레이더 여러분. 토미입니다.
최근에 저희가 연구 및 개발한 지표는 단기와 중기 추세를 반영하는 두개의 선(RSI를 특정 로직으로 exponentially smoothed한)의 크로스오버가 저희가 정한 과매수/과매도 구간에서 발생할 시 변곡으로 해석해서 시그널을 주는 괴물 같은 녀석입니다.
히스토그램은 MACD 지표 비슷하게 두 선의 이격도를 나타냅니다. 센터라인으로 방향으로 히스토그램이 줄어들면 두 선의 차이가 줄어들고 있는 뜻이고, 히스토그램이 음/양의 방향으로 더 높아지면 두 선의 차이가 늘어나고 있는 뜻입니다.
게다가 자동으로 다이버전스도 잡아줍니다.
지표 사용을 원하시는 분들은 저희 채널에 문의 주시면 됩니다~
감사합니다.
Invite-only script
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Author's instructions
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Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact Tommy_Trader directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/