OPEN-SOURCE SCRIPT
Quantum RSI (TechnoBlooms)
The Next Evolution of Momentum Analysis
📘 Overview
Quantum RSI is an advanced momentum oscillator based on Quantum Price Theory, designed as a superior alternative to the traditional RSI. It incorporates a Gaussian decay function to weigh price changes, creating a more responsive and intuitive measure of trend strength.
This indicator excels in identifying micro-trends and subtle momentum shifts — especially in narrow or low-volatility environments where standard RSI typically lags or gives false signals. With its enhanced smoothing, intuitive color gradients, and customizable moving average, Quantum RSI offers a powerful tool for traders seeking clarity and precision.
🔍 Key Features
• ⚛️ Quantum Momentum Engine: Measures net momentum using quantum-inspired Gaussian decay weighting.
• 🎨 Color-Reversed Gradient Zones:
o Green (Overbought): Shows momentum strength, not weakness.
o Red (Oversold): Highlights momentum exhaustion and potential bounce.
• 🧠 Smoothing with MA: Option to apply moving average (SMA/EMA/WMA/SMMA/VWMA) to the Quantum RSI line.
• 📊 Levels at 30 / 50 / 70: Standard RSI levels for decision-making guidance.
• 📈 Intuitive Visuals: Gradient fills for cleaner interpretation of zones and transitions.
👤 Who Is It For?
• Technical traders seeking a modern alternative to RSI.
• Quantitative analysts who value precision and smooth signal flow.
• Visual traders looking for intuitive, color-coded trend zones.
• Traders focused on market microstructure and early trend detection.
💡 Pro Tips
• Pair with order blocks, market structure tools, or Fibonacci confluences for high-probability entries.
• Use on assets with frequent compression or consolidation, where traditional RSI often misleads.
• Combine with volume-based indicators or smart money concepts for added confirmation.
• Ideal for sideways markets, false breakouts, or low-volatility zones where typical RSI lags.
📘 Overview
Quantum RSI is an advanced momentum oscillator based on Quantum Price Theory, designed as a superior alternative to the traditional RSI. It incorporates a Gaussian decay function to weigh price changes, creating a more responsive and intuitive measure of trend strength.
This indicator excels in identifying micro-trends and subtle momentum shifts — especially in narrow or low-volatility environments where standard RSI typically lags or gives false signals. With its enhanced smoothing, intuitive color gradients, and customizable moving average, Quantum RSI offers a powerful tool for traders seeking clarity and precision.
🔍 Key Features
• ⚛️ Quantum Momentum Engine: Measures net momentum using quantum-inspired Gaussian decay weighting.
• 🎨 Color-Reversed Gradient Zones:
o Green (Overbought): Shows momentum strength, not weakness.
o Red (Oversold): Highlights momentum exhaustion and potential bounce.
• 🧠 Smoothing with MA: Option to apply moving average (SMA/EMA/WMA/SMMA/VWMA) to the Quantum RSI line.
• 📊 Levels at 30 / 50 / 70: Standard RSI levels for decision-making guidance.
• 📈 Intuitive Visuals: Gradient fills for cleaner interpretation of zones and transitions.
👤 Who Is It For?
• Technical traders seeking a modern alternative to RSI.
• Quantitative analysts who value precision and smooth signal flow.
• Visual traders looking for intuitive, color-coded trend zones.
• Traders focused on market microstructure and early trend detection.
💡 Pro Tips
• Pair with order blocks, market structure tools, or Fibonacci confluences for high-probability entries.
• Use on assets with frequent compression or consolidation, where traditional RSI often misleads.
• Combine with volume-based indicators or smart money concepts for added confirmation.
• Ideal for sideways markets, false breakouts, or low-volatility zones where typical RSI lags.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.