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Custom RSI + Divergence + Bold Lines (v6, matched)

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📌 Custom RSI with Divergence & Dynamic Coloring

This indicator enhances the classic Relative Strength Index (RSI) by combining
dynamic visual feedback with automatic regular divergence detection.

It is designed to help traders quickly identify overbought / oversold conditions
and potential momentum shifts through clear and intuitive visualization.



🔍 Key Features

1️⃣ Dynamic RSI Line Coloring
• Overbought zone (RSI > Overbought level) → RSI line turns green
• Oversold zone (RSI < Oversold level) → RSI line turns red
• Neutral zone → RSI line remains white

This allows instant recognition of the current RSI state.



2️⃣ Overbought / Oversold Visual Highlighting
• Clear overbought and oversold reference lines
• Background shading when RSI enters these zones
→ improves signal visibility and reaction speed



3️⃣ Automatic Regular Divergence Detection
• Bullish Divergence
• Price makes a lower low
• RSI makes a higher low
• Pivot lows are connected with a bold green line
• Bearish Divergence
• Price makes a higher high
• RSI makes a lower high
• Pivot highs are connected with a bold red line

Pivot points are connected directly, making divergence structures easy to identify at a glance.



4️⃣ Clear Signal Markers
• Bullish divergence: ▲ (bottom of the RSI pane)
• Bearish divergence: ▼ (top of the RSI pane)



⚙️ Inputs
• RSI Length
• Overbought / Oversold Levels
• Pivot Length (controls divergence sensitivity)



💡 How to Use
• Oversold + Bullish Divergence → Potential rebound setup
• Overbought + Bearish Divergence → Potential pullback or reversal
• Best used in combination with trend analysis, support/resistance, and volume



⚠️ Notes
• Divergence signals are probabilistic, not guaranteed.
• In ranging markets, divergences may appear more frequently.
• Always apply proper risk management.



🎯 Best For
• Traders who actively use RSI
• Traders looking for clean and intuitive divergence visualization
• Users who prefer minimal but informative indicators

Haftungsausschluss

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