RSI Divergence with FVG Signal MT4

RSI Divergence with FVG Signal MT4

The RSI Divergence + FVG Signal indicator combines Relative Strength Index (RSI) Divergence with Fair Value Gap (FVG) detection to generate high-probability buy and sell signals based on both momentum shifts and institutional imbalance zones.

Core Features:

1. RSI Divergence Detection:
   Identifies both regular and hidden bullish/bearish divergences between price and RSI. Divergences indicate potential trend reversals or continuation.

2. FVG Zone Recognition:
   Detects Fair Value Gaps (imbalances caused by large institutional orders) on the chart. These zones act as potential areas of price reaction and trade entry.

3. Confluence Signal Generation:
   A valid signal is generated only when an RSI divergence occurs near or within a fresh FVG zone, increasing the reliability of the setup.

4. Buy and Sell Signals:

   • Buy Signal: Bullish RSI divergence + price form a bullish FVG zone. Buy at the closing candle forming FVG Bullish.

   • Sell Signal: Bearish RSI divergence + price form a bearish FVG zone. Sell at the closing candle forming FVG Bearish.

5. Customizable Sensitivity:
   Users can adjust RSI period, divergence depth, and FVG detection parameters to suit different trading styles (scalping, intraday, swing).

6. Non-repainting Logic:
   All signals are plotted using confirmed RSI pivots and completed FVG zones to ensure consistency and backtest accuracy.

7. Buy/Sell Signal Buffer

• Signal BUY/SELL: 1=BUY/-1=SELL
• Entry Price/Stoploss/Takeprofit

This indicator is especially powerful for traders who want to combine momentum analysis (RSI) with price inefficiency logic (FVG) to improve trade entries and exits.