RSI divergence is a key concept in technical analysis, highlighting potential market reversals when the RSI indicator deviates from price trends. Automation of this process can streamline analysis and reduce errors. An MQL5 Expert Advisor can identify both regular and hidden RSI divergences, visually signaling potential trading opportunities. This tool analyses price and RSI data, detects significant divergences, and logs signals for further assessment. Proper testing is crucial to leverage its accuracy. Adjust parameters to match trading strategies, while cross-checking signals for confirmation, enhancing overall market monitoring and strategy validation.
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Part 38 covers the development of a Hidden RSI Divergence Trading system with slope angle filters in MQL5. This system tracks hidden divergences to identify trend continuation signals, such as hidden bullish and bearish divergences, by analyzing price swings and RSI behavior. The strategy incorporates slope filtering to confirm signal validity, applies tolerance thresholds for pattern reliability, and executes trades with risk controls. The implementation involves defining input parameters, setting global variables, and leveraging helper functions for swing point verification and divergence assessment. Visual angle calculations on charts support signal clarity. The setup includes automated trade management with customizable lot sizes, stop losses, and take profit strategies.

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