Coding an RSI Fail Swing and AO Divergence Indicator (Semi-Advanced Pine Tutorial) [Part 1]

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Hello!

This is part one of a three part video series on how to build a failure swing and divergence indicator from scratch!

Relative to the other content on this channel, we will consider this a "semi-advanced" Pinescript tutorial for now!

The videos are a bit long and the script consists of ~200 lines of code. It's completely fine if you want to copy and paste the source code from the link provided and sift through it while the video explains what is going on!

I tried my best to explain everything as comprehensively as possible; I hope my explanations are sufficient! If not, please leave a comment below should you have questions and I will reply as quickly as possible!