RSI Divergence Scout FREE A clean, no-clutter RSI divergence detector for intraday traders. It marks bullish divergences at swing lows and bearish divergences at swing highs, drawing the connecting line and tagging each signal with its RSI value. How it works
The script tracks pivot highs and lows, compares each new pivot's price and RSI against the prior one, and flags a divergence when price makes a higher high (or lower low) while RSI fails to confirm. Bearish signals require the prior peak's RSI to sit in overbought territory; bullish signals require the prior trough's RSI to sit in oversold territory — so you're not catching noise in the middle of the range. Settings
– RSI length
– Pivot sensitivity (left/right bars)
– Toggle bullish / bearish independently Best on 5m–15m charts for momentum names, but works on any symbol and timeframe. A note on signals: raw divergence is an early-warning tool, not a trigger. Many divergences fail when volume is fading. The companion PRO edition adds a Relative-Volume "Speed" gate that only lets a divergence through when volume is both elevated and accelerating — which filters out most of the dead signals you'll see here. Link in my profile. Educational tool. Not financial advice.
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