🔄 TRIX Divergence Indicator🚀 TRIX Divergence Indicator: Your Multi-Timeframe Edge! 📊
Hey there, traders! Ready to supercharge your analysis? Let’s dive into what makes the TRIX Divergence Indicator so special! ✨
🔍 Multi-Timeframe Analysis: See The WHOLE Picture!
Ever feel like you’re missing something important when analyzing just one timeframe? Problem solved! 🎯
This indicator gives you a complete 3D view of the market by showing TRIX across three key timeframes simultaneously:
📈 Current Timeframe - What you’re looking at right now
📉 Higher Timeframe - The bigger trend (your roadmap!)
📊 Lower Timeframe - For precision timing (nail those entries!)
⚙️ Customize Your View
Choose exactly what you want to see with these easy options:
💡 Pro Tip!
When TRIX lines align across multiple timeframes, that’s your high-probability setup! It’s like getting multiple expert opinions all saying “TAKE THIS TRADE!” 🎯
🔮 Divergence Detection: Spot Reversals & Continuations Like a Pro!
Not just regular divergences - this indicator catches EVERYTHING! 🕵️♂️
🌈 Four Powerful Divergence Types:
Regular Bullish Divergence (Yellow) ⬆️
Price making lower lows but TRIX making higher lows
Translation: “This downtrend is running out of steam!”
Regular Bearish Divergence (Blue) ⬇️
Price making higher highs but TRIX making lower highs
Translation: “This uptrend is losing momentum!”
Hidden Bullish Divergence (Green) 🔄⬆️
Price making higher lows but TRIX making lower lows
Translation: “This pullback is a buying opportunity!”
Hidden Bearish Divergence (Red) 🔄⬇️
Price making lower highs but TRIX making higher highs
Translation: “This bounce is a selling opportunity!”
🔥 Hidden Divergences: Your Secret Weapon!
While everyone else is just looking for reversals, you’ll be spotting perfect trend continuation entries with hidden divergences! 😎
✅ Perfect Entry Timing during pullbacks
✅ Confirmation that the trend remains strong
✅ Reduced Risk by entering with the primary trend
✅ Better Risk/Reward by entering near support/resistance
🧩 Putting It All Together: Real Trading Strategies
🏄♂️ The Trend Surfer Strategy:
Use higher timeframe TRIX to identify the main trend (above/below zero)
Wait for a pullback in the trend
Look for hidden divergence on current timeframe
Enter when price resumes in trend direction
Ride the wave! 🌊
🔄 The Reversal Hunter Strategy:
Spot regular divergence on current timeframe
Confirm with regular divergence on higher timeframe too
Wait for TRIX to cross its signal line
Enter your counter-trend position
Catch the turning point before others see it! 🎣
⚡ Quick-Start Settings for Different Trading Styles
🏆 Balanced Profile (Most Popular!)
TRIX Length: 17
Signal Length: 14
Pivot Period: 5
TRIX Display: CURRENT+UPPER
TRIX Divergence: CURRENT+UPPER
Min Bars Between Divs: 10
Min Div Strength: 1.5
Use Scoring System: true
Min Score: 3.5
🐢 Trend Following Profile
TRIX Length: 21
Signal Length: 17
Pivot Period: 6
TRIX Display: CURRENT+UPPER
TRIX Divergence: CURRENT+UPPER
Min Bars Between Divs: 8
Min Div Strength: 1.2
Use Scoring System: true
Min Score: 3.0
⚡ Scalping Profile
TRIX Length: 9
Signal Length: 6
Pivot Period: 3
TRIX Display: CURRENT+LOWER
TRIX Divergence: CURRENT+LOWER
Min Bars Between Divs: 5
Min Div Strength: 0.8
Use Scoring System: false
Last Divergence: true
💪 Why This Indicator Gives You an Edge
👁️ See What Others Can’t with multi-timeframe analysis
🎯 Catch Perfect Entries with hidden divergences
🚦 Filter Out Noise with the smart scoring system
🧠 Trade With Confidence knowing you’re aligned with the bigger picture
📱 Save Time by having everything you need in one indicator
🔍 Pro Tips for Maximizing Results
💡 Look for “stacked” divergences across multiple timeframes - these are the strongest signals!
💡 Use hidden divergences for trend trades and regular divergences for reversals
💡 When TRIX crosses zero in the higher timeframe, that’s a major trend shift!
💡 Thicker divergence lines = stronger signals (the indicator shows this automatically!)
💡 Adjust Min Div Strength higher in choppy markets to filter out false signals
Ready to see the market in a whole new dimension? The TRIX Divergence Indicator doesn’t just show you what’s happening now - it reveals what’s likely to happen NEXT! 🚀
Happy trading, and may your charts be full of perfect divergences! 📈✨
Hidden Bullish RSI Divergence
HTC peppermint_07 CCI w signal + s&r RSI
This CCI version enhances the traditional Commodity Channel Index (CCI) by integrating a dynamically calculated Relative Strength Index (RSI) that acts as support and resistance as shown in the screenshot, it can add as a confirmation to the divergence found in the CCI.
Key Features:
Enhanced CCI: The primary plot (black line but customizable) represents the standard CCI, providing insight into price momentum and potential overbought/oversold conditions.
Dynamic RSI Support/Resistance: The upper and lower bands (medium cyan line) are derived from a smoothed RSI, dynamically adjusting to the current market volatility. These bands serve as potential support and resistance levels for the CCI as additional confirmation for the divergence.
Overbought/Oversold Zones: The traditional overbought (+100) and oversold (-100) levels for CCI are marked with horizontal dotted lines.
Benefits:
Improved Entry/Exit Signals: Combining CCI with dynamic RSI support/resistance may offer more precise trading signals compared to using CCI alone.
Dynamic Adaptation: The RSI-based bands adapt to changing market conditions, potentially providing more relevant support and resistance levels.
Divergence Confirmation: dynamic s&r RSI adds confluence to potential trend reversals identified by the CCI.
Potential Usage:
Traders might use this indicator to:
Identify potential overbought/oversold conditions using the CCI and its relationship to the dynamic RSI bands.
Look for breakouts beyond the dynamic support/resistance levels as potential entry points.
Confirm potential trend reversals using RSI divergence (cyan and red label above divergence) signals.
Further Development Considerations:
Customizable Parameters: Allowing users to adjust the CCI length, RSI periods, and smoothing factors would enhance flexibility.
Alert Conditions: Adding alerts for breakouts, overbought/oversold conditions, and divergence signals would improve usability.
Backtesting: Thoroughly backtesting the indicator's performance across different assets and timeframes is essential before using it for live trading.
DISCLAIMER: !!
indicator is a custom technical analysis tool designed for educational and informational purposes only. It should not be construed as financial advice or a recommendation to buy or sell any security. Trading involves substantial risk of loss and may not be suitable for all investors.
Key Points to Consider:
No Guarantee of Profitability: The indicator's past performance is not indicative of future results. No trading strategy can guarantee profits or eliminate the risk of losses. You could lose some or all of your investment.
Use at Your Own Risk: Use of this indicator is solely at your own discretion and risk. You are responsible for your trading decisions. The developers and distributors of this indicator are not liable for any losses incurred as a result of using it.
Not Financial Advice: This indicator does not provide financial advice. Consult with a qualified financial advisor before making any investment decisions.
Backtesting Limitations: Backtested results, if presented, should be viewed with caution. Past performance may not reflect future results due to various factors, including changing market conditions and the limitations of backtesting methodologies.
Indicator Limitations: Technical indicators, including this one, are not perfect. They can generate false signals, and their effectiveness can vary depending on market conditions and the specific parameters used.
Parameter Optimization: Optimizing indicator parameters for past performance can lead to overfitting, which may not translate to future profitability.
No Warranty: The indicator is provided "as is" without any warranty of any kind, either express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement.
Changes and Updates: The developers may make changes or updates to the indicator without notice.
By using the "HTC peppermint_07 CCI w signal + s&r RSI" indicator, you acknowledge and agree to the terms of this disclaimer. If you do not agree with these terms, do not use the indicator.
GOLDEN RSI by @thejamiulGOLDEN RSI thejamiul is a versatile Relative Strength Index (RSI)-based tool designed to provide enhanced visualization and additional insights into market trends and potential reversal points. This indicator improves upon the traditional RSI by integrating gradient fills for overbought/oversold zones and divergence detection features, making it an excellent choice for traders who seek precise and actionable signals.
Source of this indicator : This indicator is based on @TradingView original RSI indicator with a little bit of customisation to enhance overbought and oversold identification.
Key Features
1. Customizable RSI Settings:
RSI Length: Adjust the RSI calculation period to suit your trading style (default: 14).
Source Selection: Choose the price source (e.g., close, open, high, low) for RSI calculation.
2. Gradient-Filled RSI Zones:
Overbought Zone (80-100): Gradient fill with shades of green to indicate strong bullish conditions.
Oversold Zone (0-20): Gradient fill with shades of red to highlight strong bearish conditions.
3. Support and Resistance Levels:
Upper Band: 80
Middle Bands: 60 (bullish) and 40 (bearish)
Lower Band: 20
These levels help identify overbought, oversold, and neutral zones.
4. Divergence Detection:
Bullish Divergence: Detects lower lows in price with corresponding higher lows in RSI, signaling potential upward reversals.
Bearish Divergence: Detects higher highs in price with corresponding lower highs in RSI, indicating potential downward reversals.
Visual Indicators:
Bullish divergence is marked with green labels and line plots.
Bearish divergence is marked with red labels and line plots.
5. Alert Functionality:
Custom Alerts: Set up alerts for bullish or bearish divergences to stay notified of potential trading opportunities without constant chart monitoring.
6. Enhanced Chart Visualization:
RSI Plot: A smooth and visually appealing RSI curve.
Color Coding: Gradient and fills for better distinction of trading zones.
Pivot Labels: Clear identification of divergence points on the RSI plot.
TIGER ALERT RSI DIVThats our first RSI DIV indicator for free use.
What is an RSI divergence?
What Is the Relative Strength Index (RSI)?
The relative strength index (RSI) is a momentum indicator used in technical analysis.
RSI measures the speed and magnitude of a security's recent price changes to evaluate overvalued or undervalued conditions in the price of that security.
The RSI can do more than point to overbought and oversold securities. It can also indicate securities that may be primed for a trend reversal or corrective pullback in price. It can signal when to buy and sell. T
raditionally, an RSI reading of 70 or above indicates an overbought situation. A reading of 30 or below indicates an oversold condition.
Ultimate RSI - Divergence + S/R + Reverse RSIThis is a modification of the TradingView RSI with some of my favourite RSI features added.
This includes Divergence indicators. EMA with colour change on cross, Support and resistance lines and reverse RSI.
A reverse calc has also been added. This will allow you to input 3 different RSI values for a price prediction. This is good to use with the support and resistance lines and can give you key areas on the chart where the price may bounce/reject.
All colours and modifications can be turned on/off.
Enjoy! :)
NEXT RSIThis is an amped-up version of the original Relative Strength Index (RSI) oscillator, giving the slope a smoother, sometimes leading edge. Our not-so-secret sauce within the algo is price/volume weighing, completely user configurable. NEXT RSI is intended to be used just like the vanilla RSI within the context of technical analysis: identifying overvalued (above upper limit) and undervalued (below lower limit) price action, as well as establishing a bias baseline (bullish if over 50; bearish if under 50). Higher NEXT RSI bottoms compared to lower price bottoms signify bullish divergence; lower NEXT RSI tops compared to higher price tops signify bearish divergence.
Below is a screenshot comparing NEXT RSI with default settings to vanilla RSI on AAPL M1 chart.
Input parameters:
Length: controls the averaging length of the RSI line.
P/V Weighing: a price/volume smoothing filter, with higher values yielding a smoother RSI line. Values over 10 can introduce lag but also help identify trend. We thought 5 was a pretty good momentum gauge (strengthening, weakening).
P/V Source: this variable is where you can get creative and blend volume with either direct price action (close, H+L/2, etc.) or other indicators such as moving averages, stochastic oscillator, and even the vanilla RSI.
RSI Divergence with candle coloringHey there
This is a script requested by a friend
It's based on the RSI Divergence script from Ricardos Santos :
This version will color the candles instead of drawing an extra panel below the main chart
I set this script on Invite-only cause it's only for a friend to be used.
However, if interested, hit me up and I'll add you
Enjoy
Dave
