Description
RSI VWAP Divergence is a Pine Script v6 indicator that pairs fast RSI divergence detection with a daily anchored VWAP and its standard-deviation bands. Instead of flagging every divergence, it waits for price to stretch to the upper or lower VWAP deviation band and confirm a bullish (higher-low RSI) or bearish (lower-high RSI) divergence there, so signals cluster at high-probability mean-reversion zones. You get adjustable RSI length and overbought/oversold levels, wick-or-close divergence sourcing, minimum RSI and price-move filters, candle-close confirmation, a same-side cooldown and clean BUY/SELL labels with alerts. A free tool from ShepherdFX Trading Tools for reversal and mean-reversion traders on any market or timeframe.





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