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Relative Strength Index (RSI)

RSI Multi Levels kiawosch [TradingFinder] 7-14-42 Consolidation🔵 Introduction The Relative Strength Index or RSI is a tool used to measure the speed and intensity of price movement, oscillating between zero and one hundred. It is commonly applied to identify strength or weakness in market momentum across different time intervals. Despite its simple formula and wide usage, the behavior of RSI within specific ranges often provides more precise information than traditional overbought and oversold levels. The Multi RSI layout displays three RSI values with periods 7, 14 and 42. The seven period RSI plays the primary role in short term analysis. When this value enters predefined ranges, it shows highly consistent and interpretable behavior that can signal trend continuation, corrections or the start of a range structure. The other two values, RSI 14 and RSI 42, help reveal higher timeframe momentum and provide context for the depth and quality of price movement. Three potential zones are defined, each representing a behavioral range. The position zones forms the basis for signal interpretation : High Potential : 78 to 85 & 22 to 15 Mid Potential : 70 to 78 & 30 to 22 Low Potential : 58 to 62 & 42 to 38 These zones highlight areas where RSI reacts in specific ways to price movement. Entering the High Potential range usually aligns with new highs or lows in price and often precedes continuation after a correction. In contrast, reactions inside the Mid Potential range frequently appear during clean ranges or channel structures. This approach focuses on momentum quality and structural behavior rather than classic overbought and oversold thresholds. In summary, the logic behind the signals follows three principles : Trend continuation, When RSI 7 enters the High Potential zone and price prints a new high or low, continuation after a correction becomes the most likely outcome. Reversal or slowdown, When RSI exits the High Potential zone while price is reaching a previous high or low, the probability of a short term reversal increases. Range behavior, In clean ranges or channel structures, RSI 7 typically reacts inside the Mid Potential zone and produces consistent swing responses. 🔵 How to Use This method is based on observing the repeating behavior of RSI within momentum zones and identifying moments when price continues after a shallow correction or, conversely, when signs of slowing and reversal appear. RSI 7 plays the main role since it gives the most sensitive response to short term price changes. Its entry into or exit from a potential zone, combined with the position of price relative to recent highs and lows, forms the core of the signal logic. RSI 14 and RSI 42 provide higher timeframe confirmation and help evaluate the broader strength or weakness behind each movement. 🟣 Trend continuation after entering the High Potential zone When RSI 7 reaches the High Potential zone while price forms a new high or low, the probability of continuation becomes very high. The typical sequence includes a short correction in price and a retreat of RSI toward the Mid Potential zone. As long as price structure remains intact and RSI turns upward again, continuation becomes the most likely scenario. As shown in the charts, price often expands strongly after this type of correction and breaks the previous high. 🟣 Reversal or slowdown after exiting the High Potential zone If RSI 7 enters the High Potential zone but then exits while price is interacting with a previous high or low, conditions for a short term reversal appear. This behavior is clear in the charts, where price hits a supply or demand area and RSI can no longer return to the upper zone. The drop in RSI reflects weakening momentum and, when accompanied by a confirming candle, increases the chance of a reversal or at least a temporary pause. 🟣 Strong reversal after hitting the Mid Potential zone during deeper corrections Sometimes price enters a deeper corrective phase and RSI 7 moves into or through the Mid Potential zone. When this occurs near a previous low, it can mark the start of a significant reversal. The charts show this pattern clearly, where RSI turns upward while price reacts to support. If the other RSI values show relative alignment, the probability of a strong rebound increases. This signal is often seen after fast declines and can mark the beginning of a recovery wave. 🟣 Range structure and repetitive reactions inside the Mid Potential zone When price enters a clean range or channel, the behavior of RSI 7 changes completely. In such conditions, RSI repeatedly reacts inside the Mid Potential zone. Each time price touches the upper or lower boundary of the range, RSI approaches the upper or lower part of this zone as well. The result is a sequence of predictable swing reactions, perfectly suitable for mean reversion strategies. Breakouts in these environments also tend to show higher failure rates. 🟣 Sharp reactions and fast reversals at extreme levels (RSI near 90 or below 10) Although this approach is not based on classic overbought and oversold logic, extremely high or low RSI readings such as ninety often produce strong immediate reactions in price. These conditions usually occur after sudden spikes or emotional breakouts. As visible in the charts, RSI collapses quickly after reaching such extremes and price often reverses sharply. While not a core signal, these moments add meaningful context to momentum interpretation. 🔵 Settings RSI Setting : This section allows enabling or disabling the three RSI values, adjusting their calculation length and customizing their colors. It is designed to help separate short, medium and longer term momentum visually on the chart. Zones Setting : This section controls the display of momentum zones and the color applied to each area. Adjusting these colors or toggling them on and off helps the trader visually track the intensity and structure of momentum. Levels Setting : This section allows editing the numeric boundaries of the levels or showing and hiding each one individually. These levels form the visual framework for interpreting RSI behavior within the defined momentum zones. 🔵 Conclusion Examining RSI behavior across different momentum zones shows that entering these ranges creates relatively consistent patterns in price movement. Reaching the High Potential zone often corresponds to later stages of a trend, where price has the strength to continue after a brief correction and structure remains intact. In contrast, reactions within the Mid Potential zone occur more frequently when the market transitions into a range or a limited movement phase, where repetitive oscillations dominate. Overall, observing RSI inside these zones helps distinguish between trending movement, corrective phases and range conditions with greater clarity. Entry or exit from each zone provides insight into the underlying strength or weakness of momentum and reveals where the market is positioned within its movement cycle. This perspective, based on momentum regions rather than traditional values alone, offers a more refined understanding of price behavior and highlights the likely direction of the next move.
Pine Script® indicator
by TFlab
macd rsi tunTitle: Quantum Flow - Clean Momentum & Pattern Signals Description: A minimalist trend signal indicator designed purely for practical trading. How it works: Core Logic: Combines Momentum crossovers with Engulfing Candle patterns to identify potential reversals. Clean Display: No messy lines. It only displays simple text signals ("多" for Long, "空" for Short) at key pivot points. Filtering: Includes an optional RSI filter to improve signal probability and reduce noise. Extras: Supports Bar Coloring and fully functional Alerts. Designed specifically for traders who prefer a clean, uncluttered chart. Note: This is not financial advice. Please test thoroughly in a demo account before live use.
Pine Script® indicator
by hiyyih
TDI Fibonacci Volatility Bands Candle Coloring [cryptalent]"This is an advanced Traders Dynamic Index (TDI) candle coloring system, designed for traders seeking precise dynamic analysis. Unlike traditional TDI, which typically relies on a 50 midline with a single standard deviation band (±1 SD), this indicator innovatively incorporates Fibonacci golden ratio multiples (1.618, 2.618, 3.618 times standard deviation) to create multi-layered dynamic bands. It precisely divides the RSI fast line (green line) position into five distinct strength zones, instantly reflecting them on the candle colors, allowing you to grasp market sentiment in real-time without switching to a sub-chart. Core Calculation Logic: RSI Period (default 20), Band Length (default 50), and Fast MA Smoothing Period (default 1) are all adjustable. The midline is the Simple Moving Average (SMA) of RSI, with upper and lower bands calculated by multiplying Fibonacci multiples with Standard Deviation (STDEV), generating three dynamic band sets: 1.618, 2.618, and 3.618. Traders can quickly identify the following scenarios: Extreme Overbought Zone (Strong Bullish, Red): Fast line exceeds custom threshold (default 82) and breaks above the specified band (default 2.618). This often signals overheating, potentially a profit-taking point or reversal short entry, especially at trend tops. Extreme Oversold Zone (Strong Bearish, Green): Fast line drops below custom threshold (default 28) and breaks below the specified band (default 2.618). This is a potential strong rebound starting point, ideal for bottom-fishing or long entries. Medium Bullish Zone (Yellow): Fast line surpasses medium threshold (default 66) and stands above the specified band (default 1.618), indicating bullish dominance in trend continuation. Medium Bearish Zone (Orange): Fast line falls below medium threshold (default 33) and breaks below the specified band (default 1.618), signaling bearish control in segment transitions. Neutral Zone (No Color Change): Fast line within custom upper and lower limits (default 34~65), retaining original candle colors to avoid noise interference during consolidation. Color priority logic flows from strong to weak (Extreme > Medium > Neutral), ensuring no conflicts. All parameters are highly customizable, including thresholds, band selections (1.618/2.618/3.618/Midline/None), color schemes, and even optional semi-transparent background coloring (default off, transparency 90%) for enhanced visual layering. Applicable Scenarios: Intraday Trading: Capture extreme color shifts as entry/exit signals. Swing Trading: Use medium colors to confirm trend extensions. Long-Term Trend Following: Filter noise in neutral zones to focus on major trends. Supports various markets like forex, stocks, and cryptocurrencies. After installation, adjust parameters in settings to match your strategy, and combine with other indicators like moving averages or support/resistance for improved accuracy. If you're a TDI enthusiast, this will make your trading more intuitive and efficient!
Pine Script® indicator
by cryptalent
VCAI RSI Divergence +VCAI RSI Divergence+ is an RSI that shows trend, momentum, and divergence using V-CoresAI colour logic instead of a single white line. What it shows: Yellow RSI line → bullish momentum (RSI above its MA; buy-side pressure in control) Purple RSI line → bearish momentum (RSI below its MA; sell-side pressure in control) Thin blue line → fast RSI moving average that drives the colour flips Dashed 70/30 lines → classic OB/OS zones Background bands → soft purple in OB, soft yellow in OS to mark exhaustion areas How to read it: Yellow & rising → momentum shifting bullish; pullbacks into yellow OS band can be accumulation zones Purple & falling → momentum shifting bearish; pushes into purple OB band can be distribution/sell zones Hard colour flips (yellow ↔ purple) mark trend regime changes, not minor RSI noise Divergence mode (on/off) The divergence engine scans RSI and price pivot structure: Bullish divergence (yellow) → price lower low + RSI higher low Bearish divergence (purple) → price higher high + RSI lower high Lines and tags appear only where a meaningful disagreement between price and RSI exists, giving early context for potential reversals or fade setups. Together, the momentum colours + optional divergence mapping give a far clearer market read than a standard RSI, with zero clutter and no guesswork.
Pine Script® indicator
by Vectorcoresai
RSI Median DeviationRSI Median Deviation – Adaptive Statistical RSI for High-Probability Extremes The Relative Strength Index (RSI) is a momentum oscillator developed by J. Welles Wilder in 1978 to measure the magnitude of recent price changes and identify potential overbought or oversold conditions. It calculates the ratio of upward to downward price movements over a specified period, scaled to 0-100. However, standard RSI often relies on fixed thresholds like 70/30, which can produce unreliable signals in varying market regimes due to their lack of adaptability to the actual distribution of RSI values. This indicator was developed because I needed a reliable tool for spotting intermediate high-probability bottoms and tops. Instead of arbitrary horizontal lines, it uses the RSI’s own historical median as a dynamic centerline and measures how far the current RSI deviates from that median over a chosen lookback period. The main signals are triggered only at 2 standard deviation (2σ) extremes — statistically rare events that occur roughly 5 % of the time under a normal distribution. I selected 2σ because it is extreme enough to be meaningful yet frequent enough for practical trading. For oversold signals I further require RSI to be below 42, a filter that significantly improved results in my mean-reversion tests (enter on oversold, exit on the first bar the condition is no longer true). The combination of percentile median + standard deviation bands is deliberate: the median is far more robust to outliers than a simple average, while the SD bands automatically adjust to the current volatility of the RSI itself, producing adaptive envelopes that work equally well in ranging and trending markets. Underlying Concepts and Calculations Base RSI: RSI = 100 − (100 / (1 + RS)), RS = average gain / average loss (default length 10). Percentile Median: 50th percentile of the last "N" RSI values (default 28 = 4 weeks) → dynamic, outlier-resistant centerline. Standard Deviation Bands: rolling stdev of RSI (default length 27 = = 4 weeks (almost)) → bands = median ± 1σ / 2σ. Optional Dynamic MA Envelopes: user-selectable moving average (TEMA, WMA, etc., default WMA length 37) for additional momentum context. Trend Bias Coloring Independent of the statistical extremes, the RSI line itself is colored green when above the user-defined Long Threshold (default 60) and red when below the Short Threshold (default 47). This provides an instant bullish/bearish bias overlay similar to classic RSI usage, without interfering with the main 2σ extreme signals. Extremes are highlighted with background color (green for oversold 2σ + RSI<42, magenta for overbought 2σ) and small diamond markers for ultra-extremes (RSI <25 or >85). Originality and Development Rationale The indicator was built and refined through extensive testing on dozens of assets including major cryptocurrencies: (BTC, ETH, SOL, SUI, BNB, XRP, TRX, DOGE, LINK, PAXG, CVX, HYPE, VIRTUAL and many more), the Magnificent 7 stocks,, QQQ, SPX, and gold. Default parameters were chosen to deliver consistent profitability in simple mean-reversion setups while maximizing Sortino ratio and minimizing maximum drawdown across this broad universe — ensuring the settings are robust and not overfitted to any single instrument or timeframe. How to Use It Ideal for swing / position trading on the 1h to daily charts (the same defaults work). Oversold (high-probability long): RSI crosses below lower 2σ band AND RSI < 42 → green background → enter long, exit the first bar the condition disappears. Overbought (high-probability short): RSI crosses above upper 2σ band → magenta background → enter short, exit on opposite signal or at median. (Shorts were not tested, it's only an idea) Use the green/red RSI line coloring for quick trend context and to avoid fighting strong momentum. Always confirm with price action and manage risk appropriately. This indicator is not a standalone trading system. Disclaimer: This is not financial advice. Backtests are based on past results and are not indicative of future performance.
Pine Script® indicator
by PaulWegelin
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StrategyScript77 Is a rule-based strategy built on top of an Ichimoku based engine. Ichimoku concepts are used as the backbone for trend and momentum filtering, so the strategy tends to stay on the side of the dominant move instead of fighting it. The name “Super77” comes from the behavior I consistently observed in testing because the win rate tends to hover around the 70–80% range, often clustering around ~77% when used as intended. It’s not a promise or guarantee, but it reflects the core design philosophy: frequent, relatively small but steady wins, with controlled and manageable losses. Trading Style – Built for Conservative Traders Super77 is intentionally designed for traders who prefer a conservative and calm approach: Entries only at bar close The strategy waits for bar close confirmation before entering a position. No intrabar guessing, no chasing half-formed signals. If the signal is still valid at close, only then will it enter. Exits automated on bar close Exits are also managed on bar close, which makes the logic transparent, easy to review on the chart, and more robust in backtesting compared to tick-based or intrabar hacks. Semi-auto friendly If you like to keep some discretion, you can treat it as semi-automatic: Let the strategy generate entry signals Manually cancel or skip certain trades if market context changes (news, extreme volatility, etc.) This combination makes Super77 suitable for traders who don’t want to stare at the screen all day but still want structure and automation. How to Use Works best with bar-close execution (avoid trying to simulate intrabar fills if you want consistent behavior). Designed for conservative, trend-aligned trading, not for hyper-scalping or news gambling. Can be used as: Fully automated (let all entries/exits trigger on bar close), or Semi-automated (use alerts/signals but manually cancel some entries). Step-by-Step: Automation with Cornix (Webhook Setup) You can automate Super77 using Cornix by connecting TradingView alerts to your Cornix group via webhook. Note: Exact button names may differ slightly depending on Cornix / TradingView updates, but the flow is always the same: Cornix group → get webhook URL & mapping → TradingView alerts → signals sent to Cornix. (Optional) Map specific pairs / directions If you use UUID / signal mapping per symbol and per side (long/short), set them up in Cornix according to your own template. Super77 can be used either: On a single pair (simple setup), or On multiple pairs if your alert / webhook structure supports that. So you can pick many pairs with 1 script. Final Notes & Disclaimer Super77 is an educational and experimental trading tool, not financial advice. Past performance in back tests does not guarantee future results. Always: Test on demo or paper first Adjust risk to match your own profile Accept that losses and drawdowns are a natural part of any strategy If you’re looking for a strategy that reflects a conservative, confirmation-based trading style with a focus on steady win rate and smoother equity behavior, Super77 was built exactly with that mindset in mind.
Pine Script® strategy
by Gui-YW
OPR Asia-New-York [Elykia]This Pine Script indicator, is designed to help traders identify potentially significant price zones based on morning and afternoon Opening Price Ranges (OPR), while integrating a customizable Relative Strength Index (RSI) to assess market momentum. Key Features: 1. Morning and Afternoon Opening Price Ranges (OPR): The indicator defines two distinct OPR periods: one for the morning and one for the afternoon (often used for European and American trading sessions, respectively). Initial OPR Boxes: For each period, a box is drawn in real-time during the defined opening range. It dynamically adjusts to encompass the high and low prices reached during that period. OPR Fixation: Once the initial opening period ends, the OPR box becomes fixed at the final high and low levels of that period. OPR Extensions: After the initial OPR is fixed, an extension box is drawn. This extension box maintains the price levels (high and low) of the initial OPR but extends horizontally in time, providing a continuous reference zone. Midline: Each box (initial and extension) is accompanied by a dashed midline, representing the midpoint of the OPR range. Color and Transparency Customization: Users can adjust the colors of the boxes, midlines, and their transparency for both initial OPRs and their extensions, independently for morning and afternoon. Adjustable Time Zone: A global time zone setting allows precise adaptation of OPR start and end times to the user's local trading session, which is crucial for the accuracy of these zones. 2. Integrated Relative Strength Index (RSI): A fully customizable RSI is included, calculated on the closing price. RSI Table (Optional): Displays the current RSI value in a table at the top right of the chart. The table's background color changes based on the RSI's state (green for neutral, red for overbought/oversold). Dynamic RSI Label (Optional): A floating label follows the price, displaying the current RSI value. This label also changes its background color (green/red) based on overbought/oversold levels. Full RSI Customization: Users can define the RSI length, overbought and oversold levels, text and background colors, text size for both the table and label, and the horizontal shift of the dynamic label. Originalities: Advanced OPR Management with Extension: Unlike many simple OPR indicators, this one offers sophisticated management of range fixation and extension. The extension that maintains the initial price levels is an asset for observing price reactions to these historical zones throughout the day. Dual OPR (Morning/Afternoon) with Independent Settings: The ability to clearly define and visualize two distinct OPRs for different trading sessions is highly beneficial for multi-market traders or those tracking major session openings. RSI Integration and Flexibility: The RSI is not just an add-on; it's finely integrated with distinct display options (table or dynamic label), allowing traders to choose how they prefer to visualize this crucial information without cluttering the chart. Global Time Zone Setting: The inclusion of a global time zone parameter is a practical feature that ensures the indicator's accuracy for traders worldwide, without requiring complex manual calculations. Setups for Information Here are some typical configurations that may be useful. These setups are starting points and should be adapted to your trading style and the instruments you use. OPR Setup "Europe/US Opening" (for EURUSD, European/US Indices): Time Zone: GMT+2 (for summer in Europe, adjust to GMT+1 for winter) Morning OPR: Start Hour: 9:00 (London/Europe opening) End Hour: 9:15 Extension Hour: 11:30 (before New York opening) Afternoon OPR: Start Hour: 15:30 (New York opening) End Hour: 15:45 Extension Hour: 18:30 RSI Setup "Standard Momentum": RSI Length: 14 Overbought Level: 70 Oversold Level: 30 Display: Dynamic RSI Label enabled for quick reading near the price. Disclaimer on Usage: This indicator is provided for informational and educational purposes only. It does not constitute investment advice or a trading recommendation in any way. Trading in financial markets carries substantial risks of loss, including the total loss of invested capital. No Guarantee: There is no guarantee that using this indicator will result in profits or prevent losses. Past performance is not indicative of future results. Personal Analysis: OPR zones and RSI readings are analytical and decision-making tools. They should always be used in conjunction with your own technical and fundamental analysis, risk management, and trading plan.
Pine Script® indicator
by ElykiaTrading
Multi-Factor Volume & RSI Screener📊 Multi-Factor Volume & RSI Screener What it Does: The Multi-Factor Volume & RSI Screener is a specialized dashboard designed for high-efficiency market analysis. It continuously scans up to 16 assets for high-probability setups, enabling traders to efficiently identify momentum and trend shifts without constant chart flipping. Key Features & Customization: Timeframe Flexibility: You can select any desired timeframe (e.g., 5-minute, 1-hour, 4-hour, etc.) for the scanner engine to base its calculations on, allowing it to adapt to various trading styles. Custom Watchlist: The script allows you to configure and monitor a diversified portfolio of up to 15 assets alongside your current chart asset. 🔬 Proprietary Two-Tier Logic (Justifying Value): This closed-source indicator uses a unique, proprietary two-tier logic to generate filtered signals, providing original value by separating high-volume breakouts from pure trend flow: ✅ Tier 1: High-Confidence Signals (Volume Assets): For assets with reliable volume data (e.g., Stocks, Crypto), the script combines Relative Volume and RSI direction to identify high-momentum breakouts (labeled as BIG BUY or BIG SELL). This isolates movements that are statistically significant, providing cleaner entry points. 📈 Tier 2: Trend-Only Signals (Non-Volume Assets): For instruments lacking volume feeds (e.g., certain Forex pairs), the logic intelligently pivots to a purely RSI-based trend analysis to flag periods of strong directional movement (TREND UP or TREND DN), effectively separating trending markets from ranging chop. Value to the Trader: This dual-logic system ensures comprehensive signal coverage regardless of the asset type. It allows the user to monitor a diversified portfolio of indices, FX, commodities, and stocks all from a single, organized table, thereby enhancing market breadth analysis. Disclaimer: Trading involves substantial risk. All outputs are for informational and educational purposes only and are not financial advice.
Pine Script® indicator
by Indicatorhouse
PEG RSI [Auto EPS Growth]The PEG RSI is a hybrid indicator that combines fundamental valuation with technical momentum. It applies the Relative Strength Index (RSI) directly to the Price/Earnings-to-Growth (PEG) Ratio. Unlike traditional PEG indicators that require manual input for growth rates, this script automatically calculates the Compound Annual Growth Rate (CAGR) of Earnings Per Share (EPS) based on historical data. Key Features - Auto-Calculated Growth: Uses historical TTM Earnings Per Share (EPS) to calculate the CAGR over a user-defined period (Default: 4 years). - Dynamic Valuation: Converts the static PEG ratio into an oscillator (RSI) to identify relative valuation extremes. - Trend & Momentum: Visualizes the momentum of the PEG ratio relative to its own history. Educational Case Study This indicator is designed for educational purposes and research. Instead of relying on fixed overbought or oversold levels, users are encouraged to study the correlation between the PEG RSI and price action independently. - Observe how the price reacts when the PEG RSI reaches upper or lower extremes. - Different stocks may respect different RSI zones based on their growth stability. - Use this tool to analyze how market valuation momentum shifts over time. Settings: - Years for CAGR Growth: Timeframe to calculate EPS growth (Default: 4 years). - RSI Length: Lookback period for the RSI calculation (Default: 14). Note: This indicator works best on stocks with a consistent history of earnings. It requires financial data to function (will not work on assets without EPS like Crypto or Forex).
Pine Script® indicator
by waranyutrkm
DV Master RSIDV Master RSI Executive Summary The Relative Strength Index (RSI) is one of the most foundational and widely utilized momentum oscillators in technical analysis. While traditionally used to gauge overbought and oversold conditions, its true power lies in identifying subtle shifts in market momentum and divergence from price action. The DV Master RSI Indicator is a sophisticated Pine Script tool designed to leverage the full strategic potential of the RSI by integrating multiple advanced signaling methods, comprehensive visual customization, and a robust anti-repainting feature. This indicator transforms the classic RSI into a complete, multi-signal trading system. Key Advanced Features of the DV Master RSI This indicator is engineered to provide traders with comprehensive momentum analysis and actionable signals through several integrated modules: Features Momentum Signaling: RSI Midline Cross (50-line) Confirms shifts from bearish to bullish momentum and vice-versa. RSI Moving Average Crossover: Provides smoothed, less noisy trend confirmation and early entry/exit signals. Trend Confirmation: RSI MA Midline Cross uses the trend of the RSI's Moving Average to confirm the overall market bias. Overbought/Oversold Signals Visually highlights extreme momentum conditions for potential reversals. Predictive Analysis Bullish & Bearish Divergence identifies classic market turning points when price makes new highs/lows but RSI does not. Hidden Divergence Signals trend continuation, indicating strong internal momentum supporting the current trend. Performance Assurance Anti-Repainting Switch ensures signal integrity for backtesting and live trading by locking critical values on bar closure. Visual Customization 10 Color Palettes & Background Painting enhances clarity and trading focus with custom colors and visual alerts on the chart and indicator panel. Strategic Application for Traders The integration of these features allows traders to employ strategies far beyond simple overbought/oversold monitoring. Divergence Trading (Predictive Edge): Divergence is often considered the most powerful signal from a momentum oscillator. Regular Divergence (Reversal): When the price makes a Lower Low but the RSI makes a Higher Low, it suggests the downward momentum is weakening, signaling a potential Bullish Reversal. The indicator plots this signal directly, giving traders an early warning to cover shorts or initiate long positions. Hidden Divergence (Continuation): This feature is crucial for trend-following. When the price makes a Higher Low but the RSI makes a Lower Low (during an uptrend), it signals that the trend is strong and likely to continue. Traders can use this for confident re-entry into established trends. Signal Integrity and Backtesting Reliability: The dedicated Anti-Repainting Switch is paramount for serious algorithmic and discretionary traders. Problem: Indicators that use real-time price data (like close on the current bar) can change their signal retroactively as the current bar develops. This leads to illusory performance in backtesting. Solution: By enabling the non-repainting mode, the indicator ensures that all crucial signals (MA Crosses, Midline Crosses, etc.) are only finalized and plotted upon the full confirmation of the bar's closure. This guarantees that your backtested results accurately reflect what would have been tradable in real-time. Customizable Smoothing: The inclusion of nine different Moving Average types (EMA, DEMA, TEMA, HMA, SMA, SMA + Bollinger Bands, SMMA, WMA, VWMA) for the RSI line allows a trader to fine-tune the indicator's responsiveness to market noise. A trader expecting a fast reaction to short-term events might use an EMA. A trader looking for robust, volume-weighted confirmation might select the VWMA. Furthermore, the dedicated switches for background color on the chart and the indicator panel provide immediate, non-intrusive visual confirmation of extreme conditions, allowing traders to quickly manage multiple charts. The DV Master RSI is an essential upgrade for any trader who relies on momentum analysis, providing the precision, assurance, and strategic versatility required for modern market navigation.
Pine Script® indicator
by DVBOON
Kuytrade - Super Scalping Pro V1.0📘 Strategy "Kuytrade - Super Scalping Pro" What is this strategy? This is a scalping trading that helps you catch quick profits from short-term price movements. It's perfect for traders who want to make multiple small wins throughout the day. How does it work? The strategy uses a 3-level filter system to find high-quality trading signals: Level 1: CORE Indicators (Must Pass) - EMA (Moving Averages): Checks if the trend is going up or down - MACD: Confirms momentum is building in the right direction Level 2: MOMENTUM Indicators - RSI: Looks for oversold (ready to bounce up) or overbought (ready to drop) conditions - Stochastic: Finds reversal points where price might change direction Level 3: BOOST Indicators - RSI Divergence: Spots hidden opportunities when price and momentum disagree - Strong Candles: Identifies powerful price movements - ATR Filter: Makes sure the market is active enough to trade Trading Setup Each Signal Opens 3 Orders: Order 1: Closes at TP1 (quick small profit) Order 2: Closes at TP2 (medium profit) Order 3: Closes at TP3 (big profit target) Default Settings: TP1: 1,000 points TP2: 1,500 points TP3: 2,500 points Stop Loss: 1,200 points Lot Size: 0.01 per order (3 orders total) Smart Features - Trailing Stop Loss - When TP1 hits, the Stop Loss for TP3 automatically moves to breakeven + 150 points, protecting your profit! - Auto Asset Detection The strategy automatically recognizes what you're trading: - Forex pairs (EURUSD, GBPUSD, etc.) - Gold, Silver, Platinum - Crypto (Bitcoin, Ethereum) - Stock Indices (US30, NASDAQ, S&P500) Indicators: You can enable/disable each indicator level Mix and match to find what works for your style Visuals: Show/Hide TP/SL lines Show/Hide entry boxes Mobile view for smaller screens When to Use This Strategy? ✅ Best for: Active markets (London/NY sessions) Lower timeframes (1m, 5m, 15m) Volatile pairs with clear trends ❌ Avoid during: Major news releases Very quiet markets Weekends/holidays ---------------------------------------- กลยุทธ์นี้คืออะไร? Scalping ที่ออกแบบมาให้ช่วยทำกำไรเล็กๆ จากการเคลื่อนไหวของราคาระยะสั้น เหมาะสำหรับเทรดเดอร์ที่ต้องการทำกำไรเล็กน้อยบ่อยๆ ตลอดทั้งวัน ทำงานยังไง? กลยุทธ์ใช้ระบบกรองสัญญาณ 3 ระดับ เพื่อหาจุดเข้าที่มีคุณภาพสูง Level 1: ตัวบ่งชี้หลัก (ต้องผ่าน) - EMA (เส้นค่าเฉลี่ย): เช็คว่าเทรนด์กำลังขึ้นหรือลง - MACD: ยืนยันว่าแรงซื้อ/ขายกำลังมาถูกทาง Level 2: ตัวบ่งชี้โมเมนตัม - RSI: หาจุด Oversold (ราคาถูกเกินไป พร้อมกลับตัว) หรือ Overbought (ราคาแพงเกิน พร้อมลง) - Stochastic: หาจุดกลับตัวที่ราคาอาจจะเปลี่ยนทิศ Level 3: ตัวบ่งชี้เสริม - RSI Divergence: เจอโอกาสแอบแฝงเมื่อราคาและโมเมนตัมไม่สอดคล้องกัน - Strong Candles: จับแท่งเทียนที่แรงมาก - ATR Filter: ตรวจว่าตลาดมีความผันผวนพอจะเทรดไหม การตั้งค่าการเทรด แต่ละสัญญาณเปิด 3 ออเดอร์: ออเดอร์ 1: ปิดที่ TP1 (กำไรเล็กเร็ว) ออเดอร์ 2: ปิดที่ TP2 (กำไรกลางๆ) ออเดอร์ 3: ปิดที่ TP3 (กำไรใหญ่) ค่าเริ่มต้น: TP1: 800 จุด TP2: 1,500 จุด TP3: 2,500 จุด Stop Loss: 1,200 จุด ขนาดล็อต: 0.01 ต่อออเดอร์ (รวม 3 ออเดอร์) ฟีเจอร์พิเศษ - Trailing Stop Loss (ขยับ SL ตาม) - เมื่อ TP1 โดน SL ของ TP3 จะเลื่อนมาที่ราคาเข้า + 150 จุด ทำให้คุณไม่ขาดทุน! - ตรวจจับสินทรัพย์อัตโนมัติ กลยุทธ์จะจำคู่เงินที่คุณเทรดได้เอง: คู่เงิน Forex (EURUSD, GBPUSD ฯลฯ) - ทองคำ, เงิน, แพลตตินั่ม - คริปโต (Bitcoin, Ethereum) - ดัชนีหุ้น (US30, NASDAQ, S&P500) แดชบอร์ดผลงาน (ล่างซ้าย) - แสดง Win Rate แต่ละ TP - ติดตามกำไร/ขาดทุนรวม - แสดงสถิติทั้งหมด แดชบอร์ดสถานะ Level (บนขวา) สถานะตัวบ่งชี้แบบเรียลไทม์ เขียว = สัญญาณพร้อม แดง = รอเงื่อนไข ตั้งค่าที่ปรับได้ คุณภาพสัญญาณ: เปิด "Strict Filter" = สัญญาณน้อยแต่คุณภาพสูง ปิด "Strict Filter" = สัญญาณเยอะแต่อาจเสี่ยงขึ้น ตัวบ่งชี้: - เปิด/ปิดแต่ละ Level ได้ - ผสมผสานหาสูตรที่เหมาะกับคุณ การแสดงผล: - แสดง/ซ่อนเส้น TP/SL - แสดง/ซ่อนกล่องข้อมูล Entry - โหมดมือถือสำหรับจอเล็ก เมื่อไหร่ควรใช้กลยุทธ์นี้? ✅ เหมาะกับ: - ตลาดที่คึกคัก (เซสชั่นลอนดอน/นิวยอร์ก) - ไทม์เฟรมเล็ก (1m, 5m, 15m) - คู่เงินที่มีความผันผวนและเทรนด์ชัด ❌ หลีกเลี่ยง: - ช่วงมีข่าวเศรษฐกิจสำคัญ - ตลาดเงียบมาก - วันหยุดสุดสัปดาห์
Pine Script® strategy
by KuytradeTH
Smart Divergence Engine [ChartNation]SMART DIVERGENCE ENGINE — REPAINTING-PROOF RSI DIVERGENCE WITH EXHAUSTION CONFIRMATION ═══════════════════════════════════════════ Smart Divergence Engine solves three critical problems that plague free RSI divergence indicators: PROBLEM 1: REPAINTING DIVERGENCES Most divergence scripts detect divergence in real-time as bars form. This causes signals to appear, disappear, and reappear unpredictably—making them unusable for alerts or systematic trading. OUR SOLUTION: Pivot-Locked Detection Smart Divergence Engine evaluates RSI at the exact bar where price structure confirms (rsi ), not at the current bar. Once a divergence prints, it NEVER disappears. This is implemented via: Full swing confirmation (Pivot Left + Pivot Right bars must complete) RSI evaluation at historical bar: rsi , not rsi Divergence triggers AFTER structure lock, not during formation Technical implementation: The script stores RSI values at confirmed pivot bars using var floats (lowRsiPrev, lowRsiCurr, highRsiPrev, highRsiCurr), then compares these locked values when new pivots confirm. This prevents any possibility of historical repaint. PROBLEM 2: FALSE POSITIVE OVERLOAD Divergence scripts trigger on ANY price-RSI mismatch, flooding charts with weak signals during choppy conditions. No filtering means traders must manually screen out noise. OUR SOLUTION: Shark Fin Exhaustion Filter Before any divergence can be considered actionable, Smart Divergence Engine requires RSI to demonstrate genuine momentum exhaustion through our proprietary "Shark Fin" detection: Shark Fin Logic (Not Found in Free Scripts): RSI must pierce the outer volatility band by a configurable buffer (default 1.5 RSI points) RSI must re-enter the band with directional confirmation (positive slope for bullish, negative slope for bearish) Band width must exceed minimum standard deviation threshold (volatility qualification) Cooldown period enforced (default 25 bars) to prevent signal clustering This multi-condition filter dramatically reduces false divergences by requiring RSI to physically demonstrate exhaustion BEFORE structure confirmation matters. Technical implementation: The Shark Fin state machine uses boolean flags (bullFinForming, bearFinForming) to track when RSI is stretched beyond bands, then validates re-entry using ta.crossover(rsi, lower) / ta.crossunder(rsi, upper) with slope checks (ta.change(rsi) > 0 / < 0) and volatility gates (dev >= finMinDev). PROBLEM 3: NO VOLATILITY CONTEXT Divergence scripts use fixed RSI levels (30/70 or similar) that fail to adapt to changing market conditions. What's "overbought" in a low-volatility regime differs drastically from high-volatility conditions. OUR SOLUTION: Adaptive Volatility Bands Smart Divergence Engine calculates dynamic overbought/oversold zones using: 34-period SMA of RSI as basis 1.618 standard deviation multiplier (golden ratio expansion) Real-time band expansion/contraction based on RSI volatility The bands provide three advantages: Shark Fin events only qualify when RSI breaches ADAPTIVE thresholds, not arbitrary fixed levels Band width (standard deviation) serves as volatility filter—narrow bands = low conviction moves get rejected 50-line midline provides regime context (above 50 = bullish bias, below 50 = bearish bias) Technical implementation: basis = ta.sma(rsi, 34), dev = ta.stdev(rsi, 34), upper/lower = basis ± dev * 1.618. Shark Fin logic requires rsi < (lower - finBuffer) or rsi > (upper + finBuffer) to trigger, ensuring exhaustion is measured relative to CURRENT volatility, not historical constants. ═══════════════════════════════════════════ METHODOLOGY COMPARISON VS FREE ALTERNATIVES ═══════════════════════════════════════════ STANDARD DIVERGENCE SCRIPTS: Detection timing: Real-time (current bar) Historical stability: Repaints continuously Signal filtering: None or minimal Volatility adaptation: Fixed levels (30/70) Exhaustion confirmation: Not implemented Confirmation layers: 1 (divergence only) Alert reliability: Unreliable (signals disappear) SMART DIVERGENCE ENGINE: Detection timing: Pivot-confirmed (rsi ) Historical stability: Locked at structure bar Signal filtering: Shark Fin + cooldown + stdev gate Volatility adaptation: Dynamic bands (34-SMA + 1.618σ) Exhaustion confirmation: Required via Shark Fin Confirmation layers: 3 (structure + exhaustion + volatility) Alert reliability: Stable (never repaints) ═══════════════════════════════════════════ TECHNICAL SPECIFICATIONS ═══════════════════════════════════════════ RSI ENGINE: Base calculation: ta.rsi(src, 14) Smoothing: ta.rma(rsiRaw, 2) — reduces whipsaw noise Source: Configurable (default close) VOLATILITY BANDS: Basis: 34-period SMA of RSI Multiplier: 1.618 (golden ratio) Upper band: basis + (stdev * 1.618) Lower band: basis - (stdev * 1.618) Purpose: Creates adaptive overbought/oversold zones DIVERGENCE DETECTION: Pivot confirmation: 10 left bars + 10 right bars (default) RSI evaluation: Locked at rsi (historical bar, never current) Bullish divergence: price lower low + RSI higher low Bearish divergence: price higher high + RSI lower high Rendering: Lines drawn between last two confirmed pivots with labels SHARK FIN EXHAUSTION FILTER: Depth buffer: 1.5 RSI points (penetration threshold beyond band) Min band stdev: 1.0 (volatility qualification) Cooldown: 25 bars minimum between Shark Fin confirmations Slope validation: Requires ta.change(rsi) > 0 (bullish) or < 0 (bearish) State tracking: Boolean flags prevent premature confirmations VISUAL CUSTOMIZATION: Beauty Mode: Six-layer gradient fill anchored at 50-line • Purple regime (above 50) with configurable opacity • Green regime (below 50) with configurable opacity • Gradient layers: 33%, 66%, 100% intensity Divergence lines: Glow effect (6px) + core line (3px), both configurable Shark Fin rendering: 20% fill between RSI and violated band (ephemeral) Labels: Compact "Bull"/"Bear" markers with dot indicators ═══════════════════════════════════════════ ALERT SYSTEM ═══════════════════════════════════════════ Four distinct alert conditions (configure once, fires on all intervals): "RSI Shark Fin — Bullish" Triggers when: RSI re-enters lower band from below with slope + stdev + cooldown confirmation Use case: Momentum exhaustion at oversold extreme Reliability: No repaint (confirmation locked at re-entry bar) "RSI Shark Fin — Bearish" Triggers when: RSI re-enters upper band from above with slope + stdev + cooldown confirmation Use case: Momentum exhaustion at overbought extreme Reliability: No repaint (confirmation locked at re-entry bar) "Bullish Divergence (Panel)" Triggers when: Pivot-confirmed bullish divergence completes (price LL + RSI HL) Timing: Fires AFTER Pivot Right bars complete (delayed but stable) Reliability: Never repaints (divergence locked at rsi ) "Bearish Divergence (Panel)" Triggers when: Pivot-confirmed bearish divergence completes (price HH + RSI LH) Timing: Fires AFTER Pivot Right bars complete (delayed but stable) Reliability: Never repaints (divergence locked at rsi ) ═══════════════════════════════════════════ TRADING IMPLEMENTATION ═══════════════════════════════════════════ CONFLUENCE FRAMEWORK: Highest-probability setups occur when three conditions align: Bullish Setup: Shark Fin confirms below lower band (exhaustion) Bullish divergence prints at pivot (structure) RSI reclaims 50 line (regime shift to bullish) → Entry consideration at next price structure (support, swing low) Bearish Setup: Shark Fin confirms above upper band (exhaustion) Bearish divergence prints at pivot (structure) RSI loses 50 line (regime shift to bearish) → Entry consideration at next price structure (resistance, swing high) TREND CONTEXT: Strong uptrends: Prioritize bullish divergence + lower band Shark Fins (buy dips) Strong downtrends: Prioritize bearish divergence + upper band Shark Fins (sell rallies) Range-bound markets: Use 50-line crossovers as additional confirmation filter RISK MANAGEMENT: Smart Divergence Engine provides CONTEXT, not entries: Wait for price confirmation (engulfing candle, rejection wick, structure break) Place stops below/above pivot structure that triggered divergence Size positions based on distance to invalidation level Divergence + Shark Fin = elevated probability, not certainty ═══════════════════════════════════════════ CONFIGURATION PARAMETERS ═══════════════════════════════════════════ RSI SETTINGS: RSI Length: 14 (default, standard momentum window) Price Source: close (configurable to any price source) Note: 2-period RMA smoothing is hardcoded (reduces noise) VOLATILITY BAND SETTINGS: Band Length: 34 (SMA period for RSI basis) Band Multiplier: 1.618 (golden ratio, adjustable) Show Bands: Toggle visibility (true/false) DIVERGENCE SETTINGS: Pivot Left: 10 bars (left-side swing confirmation) Pivot Right: 10 bars (right-side swing confirmation) Overbought Level: 68 (reference line, does not affect logic) Oversold Level: 32 (reference line, does not affect logic) SHARK FIN SETTINGS: Fin Depth Buffer: 1.5 RSI points (penetration threshold) Min Band Stdev: 1.0 (volatility qualification gate) Min Bars Between Fins: 25 (cooldown period) VISUAL SETTINGS (Beauty Mode): Enable Beauty Mode: true/false (gradient rendering) Divergence Glow: true/false (glow effect on lines) Glow Width: 3-10 px (glow layer thickness) Main Line Width: 1-6 px (divergence core line) Top Color: Purple (configurable, above-50 regime) Bottom Color: Green (configurable, below-50 regime) Top Opacity: 0-100% (gradient base transparency) Bottom Opacity: 0-100% (gradient base transparency) ═══════════════════════════════════════════ PERFORMANCE & LIMITATIONS ═══════════════════════════════════════════ RESOURCE ALLOCATION: max_lines_count: 500 (divergence + Shark Fin lines) max_labels_count: 500 (divergence markers) max_bars_back: 500 (historical pivot lookback) Suitable for most timeframes; reduce limits if performance degrades on low-end devices SIGNAL TIMING: Divergences print AFTER Pivot Right bars complete. This is intentional: Delayed signals are more reliable than real-time signals Structure confirmation requires waiting for swing completion Users demanding instant signals should use free real-time divergence indicators Users demanding reliable signals that never disappear should use this PANEL VS OVERLAY: This is the panel version (overlay=false): Renders in separate pane below price chart RSI, bands, divergence lines, and Shark Fin fills appear in this pane For price-chart annotations, use the companion overlay version (same logic, different rendering) ═══════════════════════════════════════════ This script implements proprietary methodology not available in regular community scripts: REPAINTING-PROOF ARCHITECTURE The pivot-locked detection system (rsi evaluation) is a non-trivial implementation that requires: State management across bars using var variables Historical RSI value storage at pivot confirmation Divergence comparison between stored values (not current bar) This architecture eliminates the #1 complaint with free divergence indicators: disappearing signals. SHARK FIN EXHAUSTION LOGIC The multi-condition state machine that validates momentum exhaustion is not found in free scripts: Penetration threshold (buffer beyond band) Directional slope confirmation on re-entry Volatility gate (minimum standard deviation) Cooldown enforcement (prevents clustering) This filter layer was developed through extensive backtesting to reduce false divergences during choppy conditions. ADAPTIVE VOLATILITY FRAMEWORK The dynamic band system (34-SMA + 1.618σ) provides context-aware overbought/oversold detection: Bands expand in volatile markets → signals adapt to conditions Bands contract in ranging markets → tighter detection thresholds 50-line regime framework → directional bias context This approach outperforms fixed-level systems (30/70) that ignore market context. CONFLUENCE METHODOLOGY The three-layer confirmation system (structure + exhaustion + volatility) was engineered to answer: "When is a divergence actually tradeable?" Free scripts detect divergence and stop there. Smart Divergence Engine asks: "Did RSI show exhaustion? Is volatility sufficient? Did structure confirm?" This level of methodological depth—combined with repainting-proof architecture and professional-grade visual implementation—justifies closed-source protection and paid access. ═══════════════════════════════════════════ Smart Divergence Engine is engineered for traders who demand institutional-grade divergence detection without the noise, repainting, and false positives that plague free alternatives. Access is restricted to maintain signal quality as methodology evolves.
Pine Script® indicator
by chartnation
Smart Divergence Engine Overlay [ChartNation]SMART DIVERGENCE ENGINE OVERLAY — CANDLE-ANCHORED RSI DIVERGENCE VISUALIZATION ═══════════════════════════════════════════ TECHNICAL OVERVIEW ═══════════════════════════════════════════ Smart Divergence Engine Overlay renders pivot-confirmed RSI divergences directly on the price chart with candle-anchored lines and labels. This companion overlay shares the identical detection logic as the panel version but visualizes signals at their exact price levels rather than in oscillator space. The overlay implements repainting-proof divergence detection through pivot-locked RSI evaluation at historical bars (rsi ), ensuring all lines and labels remain stable as new bars form. Visual elements anchor to xloc.bar_index coordinates, maintaining precise positioning across zoom levels and timeframe changes. ═══════════════════════════════════════════ CORE ARCHITECTURE ═══════════════════════════════════════════ PIVOT-LOCKED DETECTION SYSTEM The overlay evaluates RSI at confirmed pivot bars, not at the current bar: Technical implementation: Price pivots detected via ta.pivotlow() / ta.pivothigh() with configurable Left/Right parameters RSI value captured at the pivot bar: rsi (historical bar offset) Divergence comparison performed between stored pivot values (lowRsiPrev vs lowRsiCurr) State management via var floats prevents recalculation across bars Result: Once a divergence line prints, it never moves or disappears. Historical stability is guaranteed because RSI evaluation occurs at a locked bar index (bar_index - pivotR), not at the moving present. Bullish divergence logic: if not na(lowPricePrev) and lowPriceCurr < lowPricePrev and lowRsiCurr > lowRsiPrev → Price made lower low, RSI made higher low → Divergence confirmed at lowIdxCurr (pivot bar index) Bearish divergence logic: if not na(highPricePrev) and highPriceCurr > highPricePrev and highRsiCurr < highRsiPrev → Price made higher high, RSI made lower high → Divergence confirmed at highIdxCurr (pivot bar index) RSI ENGINE The overlay uses the same RSI calculation as the panel version to ensure signal synchronization: Base calculation: ta.rsi(src, 14) — standard RSI momentum window Smoothing layer: ta.rma(rsiRaw, 2) — reduces high-frequency noise Volatility bands: 34-period SMA basis with 1.618 standard deviation multiplier Purpose: Bands define adaptive overbought/oversold context (not plotted on overlay) The volatility framework exists in the calculation layer to maintain logic parity with the panel version, ensuring divergences trigger at identical bars across both implementations. CANDLE-ANCHORED RENDERING All visual elements use xloc.bar_index positioning: Line rendering: line.new(x1=lowIdxPrev, y1=lowPricePrev, x2=lowIdxCurr, y2=lowPriceCurr, xloc=xloc.bar_index, color=bullCol, width=lineW) This anchors lines to specific bar indices and price levels, not to time coordinates. Result: Lines maintain exact positioning when zooming, panning, or switching timeframes. Label rendering: label.new(x=lowIdxCurr, y=lowPriceCurr, text="BUY", xloc=xloc.bar_index, style=label.style_label_up) Labels attach to the second pivot's bar index and price level, scaling naturally with chart transformations. ═══════════════════════════════════════════ VISUAL IMPLEMENTATION ═══════════════════════════════════════════ DIVERGENCE LINES Bullish divergence: Connects two price swing lows with upward-sloping line Color: Configurable (default lime green) Width: 1-6 pixels (configurable) Endpoint 1: Previous swing low (lowPricePrev at lowIdxPrev) Endpoint 2: Current swing low (lowPriceCurr at lowIdxCurr) Requirement: Current price lower than previous, current RSI higher than previous Bearish divergence: Connects two price swing highs with downward-sloping line Color: Configurable (default red) Width: 1-6 pixels (configurable) Endpoint 1: Previous swing high (highPricePrev at highIdxPrev) Endpoint 2: Current swing high (highPriceCurr at highIdxCurr) Requirement: Current price higher than previous, current RSI lower than previous Lines extend between pivot bars only (extend.none), never projecting into future. DIVERGENCE LABELS Optional BUY/SELL markers render at the second pivot: BUY label (bullish divergence): Position: Below current swing low (label.style_label_up) Text: "BUY" Color: Matches bullish line color Size: Normal (size.normal) SELL label (bearish divergence): Position: Above current swing high (label.style_label_down) Text: "SELL" Color: Matches bearish line color Size: Normal (size.normal) Labels can be toggled independently of lines via showLabels input. ═══════════════════════════════════════════ CONFIGURATION PARAMETERS ═══════════════════════════════════════════ RSI CALCULATION SETTINGS: Price Source: close (configurable to any price field) RSI Length: 14 (standard momentum window) Volatility Band Length: 34 (SMA period for RSI basis) Band Multiplier: 1.618 (standard deviation expansion) Note: Bands calculate internally but don't plot (logic parity with panel) DIVERGENCE DETECTION SETTINGS: Pivot Left: 10 bars (left-side swing confirmation) Pivot Right: 10 bars (right-side swing confirmation) Overbought Level: 68 (reference, does not affect logic) Oversold Level: 32 (reference, does not affect logic) Pivot parameters control strictness: Higher values = fewer, more significant divergences (requires wider swings) Lower values = more frequent divergences (detects smaller swings) VISUAL SETTINGS: Show Divergence Lines: true/false toggle Show BUY/SELL Labels: true/false toggle (independent of lines) Line Width: 1-6 pixels Bull Color: Configurable (default lime green) Bear Color: Configurable (default red) ═══════════════════════════════════════════ ALERT SYSTEM ═══════════════════════════════════════════ Two alert conditions trigger at identical timing as visual signals: "Bullish Divergence (Overlay)" Triggers when: Bullish divergence confirms at second pivot Timing: Fires AFTER Pivot Right bars complete (delayed but stable) Message: "TDI: Bullish divergence" Reliability: Never repaints (confirmation locked at rsi ) "Bearish Divergence (Overlay)" Triggers when: Bearish divergence confirms at second pivot Timing: Fires AFTER Pivot Right bars complete (delayed but stable) Message: "TDI: Bearish divergence" Reliability: Never repaints (confirmation locked at rsi ) Alert configuration: Set once on any chart/timeframe Fires only when divergence condition evaluates true Synchronized with visual rendering (alert = line + label appear) ═══════════════════════════════════════════ TRADING IMPLEMENTATION ═══════════════════════════════════════════ VISUAL ANALYSIS WORKFLOW The overlay provides direct price-level context for divergence signals: Bullish divergence interpretation: Identify two connected swing lows with upward-sloping line Lower price low indicates selling pressure weakening Higher RSI low indicates momentum refusing to confirm price weakness BUY label marks the second swing low (divergence confirmation point) Bearish divergence interpretation: Identify two connected swing highs with downward-sloping line Higher price high indicates buying pressure weakening Lower RSI high indicates momentum refusing to confirm price strength SELL label marks the second swing high (divergence confirmation point) CONFLUENCE WITH PRICE STRUCTURE Overlay enables direct correlation with chart elements: Support/Resistance alignment: Bullish divergence at major support level = higher probability reversal Bearish divergence at major resistance level = higher probability reversal Divergence in middle of range = lower conviction signal Volume confirmation: Divergence with decreasing volume = confirms momentum exhaustion Divergence with increasing volume = mixed signal, proceed with caution Multi-timeframe context: Higher timeframe trend alignment increases signal reliability Counter-trend divergences (against HTF trend) require additional confirmation ENTRY/EXIT FRAMEWORK The overlay marks divergence confirmation points, not entry triggers: Entry consideration process: Divergence line appears → structure-confirmed momentum divergence detected Wait for price confirmation (engulfing candle, break of structure, rejection wick) Validate with additional confluence (volume, support/resistance, HTF trend) Enter with predefined stop below/above divergence pivot Size position according to distance to invalidation level Exit planning: Initial target: Previous swing high (bullish) / swing low (bearish) Trail stop: Move to breakeven after initial profit target Invalidation: Close below divergence low (bullish) / above divergence high (bearish) ═══════════════════════════════════════════ PANEL VS OVERLAY USAGE ═══════════════════════════════════════════ IDENTICAL DETECTION LOGIC Both versions implement the same pivot-locked RSI evaluation: Same RSI calculation (14-length with 2-period RMA smoothing) Same volatility band framework (34-SMA + 1.618σ) Same pivot confirmation (10 Left + 10 Right) Same divergence comparison (rsi at locked bar indices) Result: Divergences trigger at identical bars across both implementations. RENDERING DIFFERENCES Panel version (overlay=false): Renders in separate pane below price chart Displays RSI line, volatility bands, 50-line midline Divergence lines drawn in oscillator space (RSI value coordinates) Optional Shark Fin exhaustion visualization Labels positioned relative to RSI levels Overlay version (overlay=true): Renders directly on price chart No RSI line or bands visible (calculate internally for logic only) Divergence lines drawn in price space (actual price coordinates) No Shark Fin visualization (price chart remains clean) Labels positioned at actual swing high/low prices COMPLEMENTARY WORKFLOW Recommended usage pattern: Panel version: Monitor RSI regime (above/below 50), band interactions, Shark Fin exhaustion Overlay version: Identify exact divergence price levels, correlate with support/resistance Combined analysis: Use panel for momentum context, overlay for entry/exit precision Alternative workflow (overlay only): If RSI analysis not required, overlay version provides clean divergence detection Pair with external RSI indicator if separate momentum visualization needed Focuses chart space on price action and divergence markers only ═══════════════════════════════════════════ TECHNICAL SPECIFICATIONS ═══════════════════════════════════════════ RESOURCE ALLOCATION: max_lines_count: 500 (divergence connector lines) max_labels_count: 500 (BUY/SELL markers) Suitable for most chart configurations and timeframes RENDERING STABILITY: xloc.bar_index positioning ensures visual stability across zoom/pan operations Historical divergences never move once printed Lines and labels scale proportionally with chart transformations TIMEFRAME COMPATIBILITY: Functions on any timeframe (1m to 1M) Pivot detection adapts to bar spacing automatically Lower timeframes generate more frequent signals (smaller swings) Higher timeframes generate fewer signals (larger swings) SYMBOL COMPATIBILITY: Works on all asset classes (stocks, forex, crypto, futures, indices) No symbol-specific logic or calculations Universal RSI-based divergence detection PERFORMANCE CHARACTERISTICS: Lightweight calculation overhead (RSI + pivot detection + state management) Visual rendering occurs only on divergence confirmation (not every bar) No continuous repainting or historical recalculation ═══════════════════════════════════════════ USE CASE SCENARIOS ═══════════════════════════════════════════ SCENARIO 1: Support/Resistance Divergence Setup: Price tests major support level twice, second test makes lower low Signal: Bullish divergence line appears, RSI makes higher low at support Interpretation: Momentum refusing to confirm price weakness at critical level Action: Consider long entry on next bullish candle above divergence low SCENARIO 2: Trend Exhaustion Setup: Strong uptrend, price makes new high but momentum slowing Signal: Bearish divergence line appears, RSI makes lower high Interpretation: Buying pressure weakening despite higher price high Action: Consider profit-taking on longs, watch for reversal confirmation SCENARIO 3: Range-Bound Reversal Setup: Price oscillating in horizontal range, tests lower boundary Signal: Bullish divergence at range support Interpretation: Oversold bounce opportunity within defined range Action: Long entry targeting range midpoint or upper boundary SCENARIO 4: Failed Breakout Setup: Price breaks resistance but momentum doesn't confirm Signal: Bearish divergence forms immediately after breakout Interpretation: Breakout lacks momentum conviction, likely false breakout Action: Consider fade setup (short) with stop above divergence high ═══════════════════════════════════════════ LIMITATIONS & CONSIDERATIONS ═══════════════════════════════════════════ SIGNAL TIMING: Divergences print AFTER Pivot Right bars complete. This delay is intentional: Ensures structure confirmation (full swing formation) Prevents real-time repaint issues Trades confirmation reliability for signal speed Users requiring instant signals should use real-time divergence detectors (with repaint risk). Users requiring reliable, stable signals should accept the confirmation delay. LINE CLUTTER: On lower timeframes with sensitive pivot settings: High signal frequency may create visual clutter Solution: Increase Pivot Left/Right values to filter smaller swings Alternative: Use panel version for primary analysis, overlay for key divergences only FALSE SIGNALS: Divergences indicate momentum divergence, not guaranteed reversals: Strong trends can maintain divergent conditions for extended periods Divergence in isolation is a warning sign, not a trade trigger Requires confluence with price action, volume, structure for high-probability setups VOLATILITY BAND CONTEXT: Bands calculate internally but don't visualize on overlay: Users lose visual context of RSI overbought/oversold zones Solution: Use panel version alongside overlay for complete RSI regime awareness Alternative: Add separate RSI indicator to chart for band visualization ═══════════════════════════════════════════ Smart Divergence Engine Overlay provides candle-anchored, repainting-proof RSI divergence visualization directly on price charts. Lines and labels render at exact pivot price levels using xloc.bar_index positioning, maintaining stability across all chart transformations. Divergence detection uses pivot-locked RSI evaluation (rsi ) to ensure historical signals never move or disappear. The overlay shares identical detection logic with the panel version but renders in price space rather than oscillator space, enabling direct correlation with support/resistance levels and price structure. All visual elements trigger only after full pivot confirmation (Pivot Left + Pivot Right bars), trading signal speed for absolute reliability.
Pine Script® indicator
by chartnation
Trade volume indicator @mybullandbearThe indicator consolidates Trend (MA), Momentum (RSI), Breakout (ORB), and Volume (CVD) into a single dashboard, giving you an objective "Green" or "Red" bias. Mybullandbear View (CVD): This specific component tracks whether buying or selling volume is dominant for the day. It helps you avoid false breakouts—if price goes up but CVD is Red (Bearish), it's likely a trap. How to Benefit: Wait for Confluence. Do not take a trade unless the Dashboard shows a clear consensus (e.g., Green Trend + Bullish CVD + Price above ORB High). This filters out low-quality trades and keeps you on the right side of the market.
Pine Script® indicator
by mybullandbear
Fundamental Analysis DashboardFundamental Analysis Dashboard Valuation | P/E, P/B, P/S, EV/EBITDA, PEG, FCF Yield Profitability | ROE, ROA, ROIC, Net Margin, Gross Margin, Operating Margin Growth | EPS Growth YoY, Revenue Growth YoY, EPS TTM Financial Health | Debt/Equity, Current Ratio, Quick Ratio, Net Cash, FCF Dividends | Dividend Yield, Payout Ratio, DPS Technical Context | Price vs EMA50/200, RSI, 52-Week Position The dashboard calculates a Fundamental Score (0-100) based on weighted criteria across all sections: 80-100: Excellent 65-79: Good 50-64: Fair 35-49: Weak 0-34: Poor
Pine Script® indicator
by bitzuist
Omni-Divergence Pro [Hodldean]Omni-Divergence Pro Most traders rely on a single indicator (like RSI or MACD) to make decisions. The problem? Single indicators are noisy, prone to false signals, and fail in changing market conditions. Omni-Divergence Pro is different. It does not rely on one data point. Instead, it deploys a Consensus Engine—an underlying algorithm that aggregates 11 professional-grade market models into a single "Vote." Only when the Price Action structurally disagrees with this Mathematical Consensus do you get a signal. How It Works: The 3-Layer Filter This script is designed to filter out 90% of market noise and only present high-probability setups using a proprietary 3-step validation process: 1. The Consensus Engine (11-Factor Model) Instead of just looking at momentum, we calculate a normalized score based on 11 distinct market dimensions, ranging from standard trend followers to advanced Digital Signal Processing (DSP): Trend: Hull MA (HMA), Kaufman Adaptive MA (KAMA), Ichimoku Cloud. Momentum: Smoothed RSI, Stochastic RSI, Donchian Channels. Advanced DSP: Ehlers Super Smoother, Ehlers Fisher Transform, Ehlers Cyber Cycle. Next-Gen Filters: Laguerre Filter, ALMA (Arnaud Legoux / JMA Proxy). 2. Structural Divergence (The Trigger) We do not look for simple "oversold" levels. We look for Structural Disagreement. Bullish Signal: Price makes a Lower Low, but the Consensus of 11 indicators makes a Higher Low. The underlying data is screaming "Strength" while price is still dropping. Bearish Signal: Price makes a Higher High, but the Consensus fails to confirm it. 3. The Volume Veto (The Confirmation) A divergence without volume is a trap. This system includes an integrated RVOL (Relative Volume) Filter. If a signal forms on low volume (weekend/lunch hour), it is rejected. Signals are only valid if Institutional Volume supports the move. Features at a Glance Clean Charts: No messy lines or oscillators. You only see "BUY" and "SELL" labels when a validated signal occurs. Dual-Mode Detection: Regular Divergence: For catching tops and bottoms (Reversals). Hidden Divergence: For entering pullbacks in a strong trend (Trend Continuation). Zero Repainting Logic: Signals are generated based on strict pivot confirmation. Once a signal is printed and the candle closes, it never disappears. Technical Specifications Confirmation Lag: This system prioritizes accuracy over speed. Signals appear upon the confirmation of a Pivot High/Low (default: 5 bars). Visual Offset: Labels are plotted in the past (offset) to pinpoint exactly where the structural top/bottom occurred, providing clear context for stop-loss placement. Best Timeframes: Optimized for 15m, 1H, 4H, and Daily charts. (For higher timeframes like 4H/Daily, consider lowering the Lookback setting to 3). ⛔ ACCESS & PRICING This is an Invite-Only script. To protect the proprietary "Consensus Engine" logic, the source code is hidden. Trading involves risk. This tool is designed to assist in analysis, not to guarantee profits. Past performance is not indicative of future results.
Pine Script® indicator
by HodlDean
2
Setup Keltner Banda 3 e 5 - MMS + RSI + Distância Tabela 📊 Indicator Overview: Keltner Bands + RSI + Distance Table This custom TradingView indicator combines three powerful tools into a single, visually intuitive setup: Keltner Channels (Bands 3x and 5x ATR) Relative Strength Index (RSI) Dynamic Table Displaying RSI and Price Distance from Moving Average (MMS) 🔧 Components and Functions 1. Keltner Channels (3x and 5x ATR) Based on a Simple Moving Average (MMS) and Average True Range (ATR). Two sets of bands are plotted: 3x ATR Bands: Used for moderate volatility signals. 5x ATR Bands: Used for high volatility extremes. Visual fills between bands help identify overextended price zones. 2. RSI (Relative Strength Index) Measures momentum and potential reversal zones. Customizable overbought (default 70) and oversold (default 30) levels. RSI values are color-coded in the table: Green for RSI ≤ 30 (oversold) Blue for 30 < RSI ≤ 70 (neutral) Red for RSI > 70 (overbought) 3. Distance Table (Price vs. MMS) Displays the real-time distance between the current price and the MMS: In points (absolute difference) In percentage (relative to MMS) Helps traders assess how far price has deviated from its mean. 📈 How to Use Trend Reversal Signals Look for price crossing back inside the 3x or 5x Keltner Bands. Confirm with RSI: RSI > 70 + price re-entering from above = potential short RSI < 30 + price re-entering from below = potential long Volatility Zones Price outside the 5x band indicates extreme movement. Use this to anticipate mean reversion or breakout continuation. Table Insights Monitor RSI and price distance in real time. Use color cues to quickly assess momentum and stretch. ⚙️ Customization Adjustable parameters for: MMS period ATR multipliers RSI period and thresholds Table position on chart Fill colors between bands This indicator is ideal for traders who want a clean, data-rich visual tool to track volatility, momentum, and price deviation in one place.
Pine Script® indicator
by rodrigodearantes