SmartRSI Divergence — Free Download & Guide
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SmartRSI Divergence plots RSI in a sub-window and automatically marks regular bullish and bearish divergences where price and RSI disagree at swing points. Detection runs on closed bars only, so confirmed markers do not repaint.
What it does
- Standard RSI with 30/70 levels
- Auto-detects bullish and bearish divergence
- On-chart arrows plus optional pop-up alerts
- Repaint-free pivot detection
Key settings
| Setting | Default | Notes |
|---|---|---|
| RSI period | 14 | Standard RSI |
| Pivot left / right | 5 / 5 | Swing sensitivity |
| Alerts | true | Pop-up on a new divergence |
How to install
Download the file, drop it into your MetaTrader Experts or Indicators folder, restart the platform, then drag it onto a chart (enable AutoTrading for EAs). Full walkthrough in our MT4/MT5 install guide.
Run it live: New to MT5? Open a demo or live account with Exness or Deriv and test it risk-free first. (Affiliate links — see disclosure.)
Limitations to understand
Divergence is a context tool, not a standalone signal. Confirm it with structure or a trigger before acting.
Risk warning. Educational use only — not financial advice. No guarantee of profit, and past performance does not indicate future results. Test on a demo account first; you can lose more than your deposit trading leveraged products.