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Relative Strength Index (RSI)

Dragon Flow Arrows (Smoothed LITE)🚀 DRAGON FLOW ARROWS — LITE | Smart Trend Engine + Clean Reversal Arrows A lightweight but highly-optimized trend system designed for clean charts, powerful visual signals, and no-noise directional flow. Built for traders who want simplicity, clarity, and professional-level momentum-filtered signals without over-complication. 🔥 Dragon Channel (Clean 3-Line Ribbon) A smooth adaptive channel formed from ATR + EMA, giving you structural trend zones without clutter. No double bands, no messy overlaps just a clear upper/lower boundary. ✅ Dragon Flow Gradient A horizontal, color-shifted flow: 🟢 Bull flow → green glow 🔴 Bear flow → red glow Automatic blend based on trend direction Smooth visual transitions (no vertical stripes) ✅ Momentum-Filtered Arrows (No Spam) BUY/SELL arrows only print when: Price breaks outside the Dragon Channel Momentum confirms (RSI + MACD filters) Trend flips → one clean arrow per direction Text labels sit outside the channel for better readability. ✅ Smart Header Panel At the top of your chart: 📌 Trend: Uptrend / Downtrend / Neutral ⚡ Impulse Strength: Weak / Normal / Strong © FxShareRobots.com brand bar Everything compact. Everything professional. 📊 How to Use BUY Setup Price moving above baseline Dragon Flow turns bullish (cyan side) Arrow appears below channel SELL Setup Price breaks below baseline Dragon Flow turns bearish (magenta side) Arrow pops above channel Exit / Filter Opposite arrow Flow color shift Trend panel flips Works on Forex, Crypto, Stocks, Indices — all timeframes. 🆚 LITE vs PRO Feature‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ LITE‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ PRO Dragon Channel‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ✔‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ✔ +Enhanced Trend Panel‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ✔‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ✔ +Multi-TF Reversal Arrows‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ✔‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ✔ + Confirmation Momentum Filter‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ✔‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ✔ +Expanded Alerts‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎✖‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎✔ +Full Suite Reversal Zones‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎‎ ‎‎‎ ✖‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ✔ +Predictive Map Trade Strategy‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎‎ ‎ ‎ ‎ ✖‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎✔ +Included + PDF 🔓 Upgrade to DRAGON FLOW — PRO Unlock alerts, HTF confirmation, advanced momentum engine, and predictive reversal zones: 👉 fxsharerobots.com/itp/ ❤️ If this helped your trading — please Like & Follow! This supports future updates and keeps the LITE version source code free for the community. Happy trading, FxShareRobots Team
Pine Script® indicator
by FxShareRobots
Take Profit XTake Profit X Take Profit X solves the #1 problem in trading: knowing when to exit. Instead of guessing or using single indicators, it aggregates 8 technical signals to identify high-probability exit points through multi-confirmation consensus. This eliminates premature exits and emotional decision-making. The indicator counts confirmations from your chosen technical tools: Green dot = Multiple signals say "take profit on longs/exit shorts" Red dot = Multiple signals say "take profit on shorts/exit longs" Signals appear when you reach the minimum confirmations threshold you set. Possible Settings: Conservative (Swing Trading) pine Minimum Confirmations: 4 Use: RSI, MACD, CCI, Supertrend, Price Action Disable: Stochastic, Bollinger Bands, EMA Cross Look Back Bars: 10 Aggressive (Day Trading) pine Minimum Confirmations: 2 Use: All indicators ON Look Back Bars: 3-5 RSI OB/OS: 75/25 Balanced (Most Markets) pine Minimum Confirmations: 3 Use: RSI, MACD, CCI, Supertrend Price Action: ON Look Back Bars: 5-7
Pine Script® indicator
by NathanielJens
RSI Divergence bsTzdThis indicator automatically detects bullish and bearish RSI divergences by comparing swing highs and lows in price against momentum shifts on the Relative Strength Index. It identifies both regular divergences, which signal potential trend reversals, and hidden divergences, which often confirm trend continuation. All divergences are plotted directly on the chart using clean, non-repainting swing-point logic so signals only appear after pivots are confirmed. The goal of the tool is to help traders quickly spot early momentum shifts that are otherwise difficult to see in real-time—especially during fast intraday moves. By combining price structure with RSI behavior, the indicator offers high-quality signals designed to improve entry timing, stop placement, and overall trend analysis. Key Features Automatic bullish & bearish regular divergences Automatic bullish & bearish hidden divergences Uses confirmed swing pivots to avoid repainting Works on all assets and all timeframes Clean visual markers for fast decision-making Helps identify momentum exhaustion, trend continuation, and potential reversals Useful for scalping, day trading, and swing trading setups
Pine Script® indicator
by bsTzd-BG
Ultimate Adaptive RSIUltimate Adaptive RSI RSI That Adapts to Any Market This isn't your grandpa's RSI. It dynamically adjusts its sensitivity based on market conditions—smoother in trends, responsive in ranges. Traditional RSI fails in strong trends and changing volatility. UA-RSI fixes both by adapting its sensitivity in real-time, giving you reliable signals whether the market is trending, ranging, or transitioning between regimes. How It Adapts: Smart Pre-Smoothing: Uses Efficiency Ratio to detect trend strength and automatically lengthens/shortens its smoothing window. Dominant Cycle Detection: Matches its internal period to the market's actual rhythm. Dynamic Bands: RMS-based overbought/oversold levels that expand/contract with volatility. Smoothing Stack: ALMA pre-smoothing → Ultimate Smoother → Jurik filter creates the cleanest RSI you've ever seen. Trade Signals: Buy: RSI crosses above lower band or midline + price confirms Sell: RSI crosses below upper band or midline + price confirms Bands expand in high volatility → wait for deeper extremes Bands contract in low volatility → take earlier signals Signal line for crossover entries Adaptive smoothing = fewer false signals in trends Day trading: Use 1.0 band multiplier Swing trading: Use 1.2-1.5 multiplier Ranging markets: Lower multiplier to 0.8 Trending markets: Raise multiplier to 1.5+ Bands widen in volatility = wait for deeper extremes Bands tighten in calm markets = take earlier signals Never trade RSI alone - always wait for price confirmation
Pine Script® indicator
by NathanielJens
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
2
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
Infinity RSI📌 Infinity RSI is an analytical indicator that integrates RSI-based trend fluctuations, momentum changes, and volatility structures into a single system. It features an independent module that scales and displays RSI information on a price chart, and a Supertrend line that changes color according to RSI conditions, allowing you to simultaneously monitor price, momentum, and volatility. This indicator does not determine a specific direction or guarantee trading results, but rather serves as a reference tool for interpreting market conditions. ■ Calculation Logic ● ① Basic Supertrend (Price-based) The upper and lower bands are calculated based on the ATR (period and multiple), and the Supertrend direction is determined based on which band the current price is above or below. The Supertrend line color changes depending on whether the RSI value is above or below 50. ● ② Extended RSI Calculation Two methods are provided: Standard RSI HMA-based Smoothed RSI RSI length and smoothing duration are customizable. Each option has a different purpose, depending on whether you want to interpret momentum changes more gently or more sensitively. ● ③ User-selectable RSI Moving Average Select from SMA, EMA, HMA, WMA, RMA, and VWMA based on the RSI. This auxiliary line visually identifies directional deviations in the RSI. ● ④ RSI-based Supertrend This is one of the indicator's core and unique elements. The existing Supertrend logic is applied to "RSI values" instead of "price." It creates an RSI-based ATR band structure and then converts it to a price chart scale. (Since the RSI range is 0-100, it cannot be directly displayed on the chart.) Conversion Process: The RSI Supertrend value is linearly mapped to the recent RSI range → price range. This process outputs the RSI volatility-based trend in a form that can be directly visualized on the actual price. ■ How to Use ● Price-Based Supertrend + RSI Condition Color If the RSI is above 50, it is considered a relative strength condition and is displayed in an uptrend color. If the RSI is below 50, it is displayed in a downtrend color. → Supertrend visually distinguishes trend fluctuations. ● Utilizing RSI Moving Averages The distance or crossover between the RSI and the RSI-MA is used to compare short-term market momentum. ● RSI Supertrend (Scalable) This module helps interpret RSI movements on a chart "in the same form as price." Usage Example: If the RSI trend is strengthening but the price is weak → Check the price response relative to momentum. Comparing RSI Supertrend and Price Supertrend Transitions Useful for structural analysis of the gap between the two trends. The advantage of this module is that it allows you to compare price and RSI changes on a single screen using the same criteria. ■ Visual Elements Supertrend (Price-Based) Automatically changes up/down colors based on RSI conditions Trend lines displayed in a stepline format RSI Supertrend (Converted to price scale) Stepline Diamond Style Reflects specified up/down colors RSI Moving Average Displayed with user-selected MA type Each element does not use strong arrows or buy/sell icons, and is designed to intuitively observe price, momentum, and volatility trends. ■ Input Parameters ● Price-Based Module ATR Length ATR Multiplier RSI Length RSI Source ● RSI Settings RSI Length RSI Smoothing and Period MA Length and Type Selection (SMA/HMA/EMA/SMMA/WMA/VWMA) MA Display ● RSI Supertrend Settings Factor ATR Length ● Color Settings Up Color Down Color ● Scale Conversion Lookback Period (for price range/RSI range calculation) All parameters adjust the sensitivity, response speed, and smoothness of the results. They are not intended for price prediction or automatic trading signal generation. ■ Repaint Function Supertrend, RSI Calculation, Moving Average, ATR Calculation → No repainting as the values ​​are determined based on the closing price. RSI Supertrend Scale Conversion Within the lookback interval used for conversion, the lowest and highest values ​​may be updated during bar printing. This is a real-time update and is not a recalculation or repaint. Due to the nature of the indicator, values ​​may change in real-time candlesticks. The values ​​are fixed when the candlestick closes completely. ■ Purpose Infinity RSI was designed to facilitate the following analyses: Observe the flow of RSI-based momentum along with the trend structure. Map a volatility-based RSI Supertrend directly onto the price. Compare the inter-structural differences between price-based and RSI-based Supertrends. Visually interpret the relationship between RSI volatility and actual price, rather than simply reading the RSI value. This is an analytical tool for intuitively understanding market components, not a tool that provides a conclusion about a specific market direction. ■ Precautions and Limitations Volatility exists in real-time candlesticks, which is a normal behavior and not a repaint. Parameters are for data interpretation purposes only and should not be used as entry or exit signals. Supertrend intervals may vary widely or narrowly depending on market volatility.
Pine Script® indicator
by c9indicator
Wyckoff Institutional Decoder [OXE]4 Professional Dashboard Panels Panel 1: RETAIL VS SMART MONEY INSIGHT (Top-Right) This is the showstopper - side by side comparison: 🔴 RETAIL SEES🟢 SMART MONEY SEES"Support broke! 📉 SELL!""Spring trap complete ✓ Institutions buying""Breakout! 📈 BUY!""Upthrust trap complete ✓ Institutions selling""Downtrend continuing, Stay short""Accumulation Phase, Institutions loading""Just a pullback, Buy the dip!""Late Distribution, Breakdown approaching" Plus: Effort vs Result interpretation Outcome prediction (Retail: "Gets stopped out 💀" vs Smart Money: "Enters at best price ✓") Panel 2: MAIN WYCKOFF DASHBOARD (Bottom-Right) MetricDisplayPhaseACCUMULATION / DISTRIBUTION / MARKUP / MARKDOWNStrength████ 85% (visual progress bar)Sub-PhaseA - Selling Climax, B - Building Cause, C - Spring, etc.Smart MoneySTRONG BUYING / Buying / Neutral / Selling / STRONG SELLINGVolume🔊 EXTREME / 🔉 High / 🔈 Low with ratio (2.3x)Effort/ResultABSORPTION / EASY MOVE / BALANCEDCause Built45 bars (45%) - shows target potentialTarget↑ 2,145.50 (projected price target)◆ ACTIONBUY THE SPRING / SELL THE UPTHRUST / WAIT & OBSERVE Panel 3: EVENT LOG (Middle-Right) Real-time chronological log of Wyckoff events: 📋 EVENT LOG ━━━━━━━━━━━━━━━━━ SPRING 🟢 | 3 bars Test (Spring) | 8 bars Sign of Strength | 15 bars Selling Climax | 42 bars Panel 4: LEGEND (Bottom-Left) Quick reference for all chart markers: ▲ SPRING = Buy Signal ▼ UTAD = Sell Signal ◆ SOS = Strength Confirmed ◆ SOW = Weakness Confirmed ● SC/BC = Climax Volume ╳ T = Test Event — — = Creek / Ice levels 📊 Chart Visualizations Structure Elements Trading Range Box - Color-coded by phase (blue=accumulation, red=distribution) Creek Level - Dashed blue line (resistance within accumulation) Ice Level - Dashed red line (support within distribution) Target Projection - Arrow showing price target based on "cause" Event Markers SPRING ▲ - Green triangle below bar UTAD (Upthrust) ▼ - Red triangle above bar SOS ◆ - Green diamond (Sign of Strength) SOW ◆ - Red diamond (Sign of Weakness) SC/BC ● - Orange circles (Selling/Buying Climax) Tests ╳ - Small X markers LPS/LPSY - Labels for Last Point of Support/Supply Volume Highlighting Orange background = Ultra-high volume (institutional activity) Yellow background = High volume 🧠 Smart Detection Engine Phase Detection Automatically identifies: ACCUMULATION (Smart money buying) Sub-phases: A (Selling Climax), B (Building Cause), C (Spring), D (SOS), E (Breakout) DISTRIBUTION (Smart money selling) Sub-phases: A (Buying Climax), B (Building Cause), C (UTAD), D (SOW), E (Breakdown) MARKUP (Uptrend) MARKDOWN (Downtrend) Event Detection Selling Climax (SC) Automatic Rally (AR) Secondary Test (ST) Spring Sign of Strength (SOS) Last Point of Support (LPS) Buying Climax (BC) Upthrust After Distribution (UTAD) Sign of Weakness (SOW) Last Point of Supply (LPSY) Tests (low volume confirmations) Volume Analysis Effort vs Result - Detects absorption (high volume, small move) Stopping Volume - Climax with rejection wicks No Demand/Supply - Low volume showing lack of interest Smart Money Score - Composite Operator activity gauge (-10 to +10) Price Targets Cause & Effect calculation Projects targets based on consolidation width Shows when enough "cause" has built up ⚡ All Alerts Included Spring detected Upthrust detected Sign of Strength Sign of Weakness Selling/Buying Climax Spring/Upthrust Tests LPS/LPSY Phase changes (Accumulation → Markup, etc.) 🎨 Optimized for White Backgrounds All colors carefully selected for: High contrast on white charts Easy readability Professional appearance No eye strain Settings You Can Customize Structure detection length Pivot sensitivity Volume spike thresholds Spring/Upthrust sensitivity Dashboard size (small/normal/large) All colors Toggle each panel on/off Toggle each visualization element
Pine Script® indicator
by FXOXE
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
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
5
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
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