Auf geht's

Relative Strength Index (RSI)

[TL5 SMA] SMA-ALMA Momentum SystemA structured multi-moving-average framework designed to identify trend alignment, momentum shifts, and directional bias using a clean and intuitive visual system. This indicator combines short-term responsiveness with medium- and long-term structure to help traders quickly assess market conditions without clutter. 🔍 What This Indicator Does This script plots: • SMA 8 → Short-term momentum • ALMA 30 → Adaptive smoothing filter to reduce noise • SMA 20 → Short-term structure level • SMA 50 → Medium-term trend reference • SMA 77 → Long-term filter (colored by smoothed RSI momentum) • RSI Background Bias → Visual bullish/bearish environment filter 🎯 Core Concept The framework is built around trend stacking and momentum confirmation: • When 8 > 20 > 50 > 77 → Strong bullish structure • When 8 < 20 < 50 < 77 → Strong bearish structure • RSI above 50 → Bullish market bias • RSI below 50 → Bearish market bias • SMA 77 color reflects smoothed RSI momentum direction This allows traders to: Identify trend continuation zones Avoid counter-trend trades Quickly assess structural alignment Filter noise using ALMA 📊 How It Can Be Used ✔ Intraday trading ✔ Swing trading ✔ Trend continuation entries ✔ Pullback setups within dominant trend ✔ Bias confirmation tool Works well on indices, forex, crypto, and commodities. ⚠️ Disclaimer This script is for educational purposes only and does not constitute financial advice. Always use proper risk management.
Pine Script® Indikator
von AquaTickTrader
Beginner Trading Assistant (Educational)🔍 Overview The Beginner Trading Assistant is an educational indicator designed to help new traders understand core market concepts in a structured and visual way. This indicator does not predict the market. Instead, it teaches traders how to: Identify trend direction Confirm momentum strength Recognize simple market structure breaks Understand volatility conditions It combines multiple basic tools into one simplified learning system. 🧠 How The Indicator Works The indicator combines 4 core components: 1️⃣ Trend Detection (EMA 50 & EMA 200) Two Exponential Moving Averages are used: EMA 50 → Short-term trend EMA 200 → Long-term trend Trend Logic: If EMA 50 > EMA 200 → Uptrend If EMA 50 < EMA 200 → Downtrend Visual Help: Green background → Uptrend Red background → Downtrend This teaches beginners to trade with the trend instead of against it. 2️⃣ Momentum Confirmation (RSI) The Relative Strength Index (RSI 14) measures momentum strength. RSI above 55 → Bullish momentum RSI below 45 → Bearish momentum RSI between 45–55 → Weak / sideways momentum This helps beginners understand that: Trend alone is not enough. Momentum must also confirm direction. 3️⃣ Market Structure Break The indicator detects swing highs and swing lows. A structure break occurs when: Price closes above the previous swing high → Bullish structure break Price closes below the previous swing low → Bearish structure break This teaches traders to wait for confirmation instead of guessing entries. 4️⃣ Volatility Awareness (ATR) ATR (Average True Range) measures market volatility. Higher ATR: Larger candle movement Wider stop losses required Lower ATR: Smaller movements Tighter risk management possible This helps beginners understand why stop loss size should adjust to volatility. 📊 When Signals Appear A bullish setup appears only when: ✔ Trend is Up (EMA 50 > EMA 200) ✔ RSI confirms bullish momentum ✔ Price breaks previous swing high A bearish setup appears only when: ✔ Trend is Down (EMA 50 < EMA 200) ✔ RSI confirms bearish momentum ✔ Price breaks previous swing low This multi-layer confirmation teaches patience and discipline. 🎓 What Beginners Learn This indicator is structured to teach: Trend-following logic Momentum confirmation Structure-based entries Volatility-based awareness Avoiding emotional trading It encourages waiting for confluence instead of random entries. ⚠ Important Notes This indicator is for educational purposes. It does not guarantee profits. It should be used with proper risk management. Always test strategies before live trading.
Pine Script® Indikator
von Mentor_Michael03
Trinity Signal [Cythos]Trinity Signal is a regime-adaptive indicator that combines three independent signal types into a single overlay. It automatically detects whether the market is trending or sideways, then activates the appropriate signal for each condition. Unlike single-method indicators, Trinity Signal does not force one approach on all market conditions. Trend-following signals fire only during confirmed trends, while mean reversion signals activate only during sideways regimes. 🔶 THREE SIGNAL TYPES 1 — Volume Breakout (VB) Fires during trending regimes when price breaks above/below the Donchian Channel with a volume spike (default 2.5x the 20-bar average). Additional filters: ADX must be above threshold and rising, ATR must be expanding relative to its 50-bar average, and DI+/DI- must confirm direction. An optional EMA trend filter (EMA 20 > EMA 50) is available for long entries. 2 — RSI Divergence (DIV) Detects classic bullish and bearish RSI divergences using pivot points. A bullish divergence occurs when price makes a lower low but RSI makes a higher low. The minimum price difference and minimum RSI difference are configurable to filter out weak divergences. Regime filter prevents bullish divergences in bear regimes and bearish divergences in bull regimes. 3 — Mean Reversion (MR) Activates only in sideways regimes. Uses Z-Score (standard deviations from the 20-bar mean) instead of RSI for entry detection. The Z-Score threshold adapts to current volatility: lower threshold (default 1.5) during low-volume periods, higher threshold (default 2.5) during high-volume periods. Entries beyond Z = 3.0 are blocked as cascade risk protection. An ATR percentile filter (default 65th percentile) prevents entries during abnormally volatile sideways conditions. 🔶 REGIME DETECTION The regime engine uses a 3-vote ensemble: • ADX vote — ADX above threshold with hysteresis (entry at 22, exit at 16 to prevent regime flicker) • Bollinger Band Width vote — BB Width percentile rank above threshold • ATR vote — ATR percentile rank above threshold All three must agree for a "trending" classification. If trending, the regime is further classified as BULL (price > EMA 50) or BEAR (price < EMA 50). Otherwise, the regime is SIDEWAYS. This unanimous-vote approach prevents false regime switches that would generate incorrect signals. 🔶 TP / SL SYSTEM Each signal type has independent ATR-based take-profit and stop-loss multipliers: • VB: TP = 5.0 ATR, SL = 4.0 ATR (trend-following: wide TP, moderate SL) • DIV: TP = 3.5 ATR, SL = 2.5 ATR (balanced R:R) • MR: TP = 3.0 ATR, SL = 7.0 ATR with 2% cap (mean reversion: small TP, wide SL, high win rate) The indicator tracks a virtual position internally and shows TP exits as green dots and SL exits as pink dots on the chart. A minimum TP percentage filter prevents entries when ATR is too small relative to price. 🔶 ADDITIONAL FILTERS • OI Confirmation (VB only) — When enabled, Volume Breakout signals require Open Interest to be above its 20-bar SMA. If OI is declining during a breakout, it may indicate a liquidation-driven move rather than genuine new positions. • RSI Extreme Filter (VB only) — Blocks VB longs when RSI > 75 and VB shorts when RSI < 25 to avoid chasing exhausted moves. • Cooldown — Separate cooldown periods for VB/DIV (default 8 bars) and MR (default 25 bars) to prevent signal clustering. • No same-bar entry+exit — The indicator will not enter a new position on the same bar an exit occurred. • Non-repainting — All signals evaluate only on confirmed (closed) bars using barstate.isconfirmed. Signals will never appear and then disappear. 🔶 HOW TO USE • Add to any chart (optimized for crypto perpetual futures, 5-minute timeframe) • "L" labels = long (buy) entry, "S" labels = short (sell) entry • Green dot = take profit exit, Pink dot = stop loss exit • White dot at entry = entry price marker • All parameters are adjustable in the indicator settings • JSON-formatted alerts are available for webhook integration 🔶 LIMITATIONS • Designed primarily for crypto perpetual futures — default parameters are tuned on BTCUSDT 5m. Other pairs may require adjustment • The 5-minute timeframe produces the most signals; higher timeframes will generate fewer signals • Mean Reversion signals have a low R:R ratio by design (compensated by high win rate) • Past performance in backtesting does not guarantee future results • OI data may not be available for all symbols — the filter automatically skips when OI data is missing • This is a tool to assist your analysis, not a standalone trading system. Always use proper risk management.
Pine Script® Indikator
von Cythos
Buy the Dip & Sell the RipIdentify overbought and oversold conditions easily When RSI and RSI SMA simultaneously close over the overbought threshold and then fall we create a sell alert When the RSI closes under the oversold threshold and then starts to rise, we create a buy alert With minor adjustments to the preset thresholds, this script works great on indexes, crypto as well as stocks. This script is edited easily, just use pine editor and add your confirmation logic for further adjustment.
Pine Script® Indikator
von vvedding
Relative Strength Regime Meter (SPY/QQQ/Peer Auto)RS Dash v2 is a relative strength (RS) dashboard designed to quickly answer one question: Is this asset leading or lagging vs (1) the market, (2) Nasdaq/growth, and (3) its peer group? What it measures For the current chart symbol, it calculates RS ratios: RS vs SPY (market baseline) RS vs QQQ (Nasdaq / growth baseline) RS vs PEER ETF (sector/industry baseline) RS ratio is simply: RS = Symbol Close / Benchmark Close Then it compares each RS ratio to its moving average (MA): ✅ if RS > RS_MA Optional stricter rule: ✅ only if RS > RS_MA and RS_MA is rising Peer ETF: Manual or Auto You can pick the peer ETF in two ways: MANUAL mode Choose from labeled options like: XLK – TECH, XLE – ENERGY, SMH – SEMIS, etc. AUTO mode (default) The script selects the peer ETF whose returns have the highest correlation to the symbol over a lookback window, with guardrails: Min correlation threshold: if correlation is too low, it falls back to your chosen fallback peer. Sticky switching: it only changes peer when the new best peer is better by a set margin (reduces “flicker”). The table shows what AUTO picked, and it also prints the correlation as a trust meter. Dashboard + Score A table (bottom-left) shows: SPY ✅/❌ QQQ ✅/❌ PEER ✅/❌ (with chosen peer name) Total score 0–3 Interpretation: 3/3 = strong leadership (outperforming market + Nasdaq + peers) 2/3 = mixed leadership 0–1/3 = weak / lagging regime Plot modes (solves scaling issues) Because raw RS ratios can be on very different numeric scales, there are three plot modes: Signal (% vs RS MA) (recommended) Plots each RS as % above/below its RS MA where 0 = neutral. Indexed (Base 100) Normalizes each RS to start at 100 so you can compare “performance curves.” Raw (single) Shows only one RS ratio at a time (SPY / QQQ / PEER) for inspection. Leadership line (Regime meter) The Leadership line is a step line that visualizes the 0–3 score as a regime meter (it only has 4 states, by design). It helps you spot regime shifts without reading the table. Divergences (optional) Optional bullish/bearish divergence markers compare price pivots vs RS pivots on your chosen benchmark (SPY/QQQ/PEER). These are confirmation tools, not signals by themselves. What this indicator is NOT It does not predict tops/bottoms. It does not replace fundamentals or risk management. “AUTO peer” is correlation-based; in unusual regimes it can pick a peer that’s statistically close but not conceptually perfect — override with MANUAL when needed. Suggested workflow Keep plot mode on Signal (% vs RS MA) Use AUTO peer for speed; flip to MANUAL if the chosen peer doesn’t make sense. Use score changes + divergences as context, then use your main price/volume system for entries/exits. Open-source, modify as you like. Shorter description RS Dash v2 compares the current symbol’s relative strength vs SPY, QQQ, and a Peer ETF (manual or auto-selected). Each benchmark gets a ✅/❌ based on whether RS > RS_MA (optional: MA rising). The dashboard shows a 0–3 score and a Leadership step line that visualizes regime shifts. Includes 3 plot modes to fix scaling: Signal (% vs MA), Indexed Base 100, and Raw single. Optional RS divergences. Settings explanation RS MA length: smoothing for RS trend. Higher = slower, fewer flips. Auto return length / correlation lookback: controls how AUTO chooses the peer. Higher = more stable but slower to adapt. Min corr / switch delta: guardrails to prevent nonsense picks and rapid switching. Plot mode: choose Signal for decision clarity, Indexed for comparison curves, Raw for inspection. Blunt “professional honesty” note Correlation-based peer selection is a statistical best guess, not a fundamental sector classifier. That’s why the indicator is transparent: it shows the selected peer and correlation so users can override.
Pine Script® Indikator
von MPR86
Capital Rotational Event CRE As A Multi Pair ScannerCapital Rotational Event (CRE) – Multi Pair Rotation Scanner This open-source, non-overlay indicator scans for **capital rotation signals** across one lead/benchmark asset and up to four receiver/target assets simultaneously. It detects when capital appears to be rotating **into** one or more of the receiver assets relative to the lead asset — a classic macro/rotation concept used in intermarket analysis. Core Concept In regime-shifting or macro-driven markets, money flows between asset classes or correlated instruments (risk-on → risk-off, equities → bonds, growth → value, etc.). When one asset class starts consistently outperforming another — and that outperformance is accelerating — it can signal a change in investor preference, risk appetite, or sector leadership. This scanner visualizes that rotation in real time by calculating relative strength + momentum for multiple pairs at once. How It Works 1. User selects: - One Lead/ Benchmark asset (default: SPY – equities proxy) - Up to four Receiver assets (defaults: GLD, TLT, USO, XLE) 2. For each receiver pair: - Relative Strength (RS) = SMA( Receiver Close / Lead Close , RS Length ) - RS Momentum = SMA( change(RS) , Momentum Length ) 3. Rotation Signal per pair: - Bullish CRE (+1): RS > its own SMA **and** RS momentum > 0 → Receiver outperforming Lead **and** the outperformance is accelerating - Bearish CRE (-1): RS < its own SMA **and** RS momentum < 0 → Receiver underperforming Lead **and** the underperformance is accelerating - Neutral (0): otherwise 4. Visual Output: - Four separate lines (green, blue, orange, purple) showing CRE signal for each receiver → +1 = bullish rotation into that asset → -1 = bearish rotation away from that asset → 0 = no clear rotation - Background tint: light green when **at least one** receiver shows bullish CRE (+1) Why this multi-pair scanner? - Single-pair RS tools only show one relationship at a time. - Monitoring multiple receivers simultaneously reveals **which** asset class or sector is currently receiving capital flows — very useful for macro traders, sector rotation strategies, or risk-on/off positioning. - The momentum filter reduces lag and false signals compared to raw RS crossovers alone. Typical Use Cases - Risk-on/Risk-off: SPY (lead) vs GLD + TLT + USO (safe havens/commodities) - Sector leadership: SPY vs XLE (energy) + XLK (tech) + XLV (healthcare) + XLF (financials) - Macro themes: SPY vs TLT (equities vs bonds), DXY vs GLD, etc. - Timeframes: Daily/weekly for macro swings, 4h/1h for tactical rotations How to Use 1. Apply to any chart (timeframe of your choice — the indicator is timeframe-agnostic). 2. Set your preferred Lead asset and up to 4 Receivers in the inputs. 3. Adjust RS Length (default 14) and Momentum Length (default 9) to match your horizon. 4. Interpretation: - Green line above zero → capital rotating into that receiver - Multiple green lines rising → strong multi-sector rotation - Light green background → at least one bullish rotation detected - Use in combination with price action on the actual assets — this is a relative bias tool, not a direct trade signal. 5. Best in trending or regime-shifting markets; less useful when all assets move in strong correlation. Inputs - Lead Asset: benchmark (default SPY) - Receiver 1–4: assets to monitor rotation into (defaults GLD, TLT, USO, XLE) - RS Length: smoothing for relative strength (default 14) - Momentum Length: smoothing for RS change (default 9) Publishing Recommendation - Publish with a clean chart (e.g., daily or 4h SPY, or any index/ETF) - The indicator is non-overlay — it plots in a separate pane below price - No other indicators needed for basic use This script is fully open-source for transparency and learning. It highlights relative rotation patterns — not guaranteed future performance. Trading and investing involve significant risk of loss. Feedback welcome — especially suggestions for other useful receiver pairs!
Pine Script® Indikator
von uzair2join
Capital Rotational Event (CRE)Capital Rotational Event (CRE) – Inter-Asset Rotation Detector This open-source, non-overlay indicator identifies potential **capital rotation events** between two user-selected assets by combining: 1. Relative Strength (RS) — measures how one asset is performing compared to another 2. Momentum of that RS line — detects acceleration or deceleration in the relative outperformance The goal is to highlight periods when capital appears to be rotating **into** or **out of** the second asset (e.g., from stocks → gold, equities → bonds, risk-on → risk-off, etc.). Core Concept In macro-driven or rotational markets, money often flows between asset classes or correlated instruments. When one asset starts consistently outperforming another (and the outperformance is accelerating), it can signal a shift in investor preference, risk appetite, or sector leadership. This script uses a smoothed relative strength ratio + its momentum to create a simple, objective filter for these rotational shifts. How It Works 1. Fetches closing prices of two symbols: - Asset #1 (lead/default: SPY) – the reference/benchmark - Asset #2 (rotate into/default: GLD) – the asset being evaluated 2. Calculates Relative Strength line: RS = SMA( (close₂ / close₁) × 100 , length ) → Values > 50 = Asset 2 outperforming Asset 1 → Values < 50 = Asset 1 outperforming Asset 2 3. Computes momentum of the RS line: Mom(RS) = SMA( change(RS) , momentum length ) 4. Generates CRE signal: - Bullish CRE (+1): RS > its own SMA **and** RS momentum > 0 → Asset 2 is outperforming **and** the outperformance is accelerating - Bearish CRE (-1): RS < its own SMA **and** RS momentum < 0 → Asset 2 is underperforming **and** the underperformance is accelerating - Neutral (0): otherwise Visual Output - Blue line: Relative Strength (Asset 2 vs Asset 1, scaled around 100) - Gray hline at 50: Neutral level - Orange line: Momentum of RS (oscillates around zero) - Green upward triangles (bottom): Bullish Capital Rotation Event - Red downward triangles (top): Bearish Capital Rotation Event - Background coloring: light green (bullish rotation), light red (bearish rotation) Why this combination? - Raw RS ratio shows **who is stronger**, but can be slow-moving or noisy. - Adding momentum of RS filters for **dynamic shifts** — catching the moments when rotation is actually gaining steam rather than just drifting. - The dual-condition logic (RS above/below average + positive/negative momentum) reduces false signals and focuses on meaningful acceleration in relative performance. Typical Use Cases - Macro rotation: SPY vs GLD (risk-on vs safe-haven), SPY vs TLT (equities vs bonds), QQQ vs XLF (tech vs financials) - Sector rotation: XLE vs XLU (energy vs utilities), XLK vs XLV (tech vs healthcare) - Currency pairs or crypto: BTCUSD vs ETHUSD, USD vs gold, etc. - Timeframes: Daily/weekly for macro swings, 4h/1h for shorter tactical rotations How to Use 1. Apply to any chart (timeframe of your choice). 2. Set Asset #1 (benchmark) and Asset #2 (target) via inputs. 3. Adjust RS Length (default 14) and Momentum Length (default 9) to match your timeframe. 4. Watch for triangle signals + background color change as early clues of rotation. 5. Combine with price action on the actual assets — CRE is a relative bias tool, not a direct buy/sell signal. 6. Best in trending or regime-shifting markets; less useful in strong correlated moves. Inputs - Asset #1 (lead): default SPY - Asset #2 (rotate into): default GLD - RS Length: smoothing period for relative strength (default 14) - Momentum Length: smoothing period for RS change (default 9) Publishing Notes - Publish with a clean chart (only this indicator active). - Recommended example setup: daily or 4h chart with SPY + GLD (or your preferred pair). - No other overlays/indicators needed for basic interpretation. This script is fully open-source for learning and transparency. It is an educational tool — not a guaranteed predictor of market direction. Trading and investing involve significant risk of loss. Feedback welcome — happy rotating!
Pine Script® Indikator
von uzair2join
4 in 1 - MA, MACD, Stochastic and RSIIt consolidates four of the most popular technical analysis tools into a single script. It displays the Moving Averages on the main chart (Overlay) and stacks the MACD, Stochastic, and RSI into a single bottom panel using vertical offsets. This script uses Vertical Offsets to prevent the lines from overlapping: RSI lives at 0 - 100. Stochastic lives at 120 - 220 (It adds +120 to the values). MACD lives around 300 (It adds +300 to the values). Note: Do not rely on the specific numbers on the far right Y-axis for the MACD or Stochastic, as they have been artificially shifted up. Rely on the visual crossovers and the relative position of the lines.
Pine Script® Indikator
von win_online
BTC Cycle Navigator v2 - Phase DCA + Yield Deploy GuidanceOverview BTC Cycle Navigator v2 is a phase-based guidance indicator built on smoothed RSI with self-adjusting linear regression bands (adapted from Zeiierman's open-source work). It identifies eight distinct cycle phases and provides real-time DCA sizing, sell rotation signals, and yield deployment suggestions — all displayed in an on-chart table. What It Does Detects cycle phases: Deep Bear → Bear Recovery → Early Bull → Bull Building → Bull Confirmed → Mature Bull → Distribution → Weakening Post-peak awareness: after RSI crosses the overbought level, Bull Confirmed becomes Distribution and Bull Building becomes Weakening — with tapered DCA (0.5x and 0.25x) Two-stage sell rotation: FIRST_SELL (20%) and SECOND_SELL (40%) triggered by confirmed RSI midline breakdowns after an overbought cycle Plunge guard: if RSI collapses to the lower band after FIRST_SELL, the second sell is locked out to prevent selling into a crash Hybrid yield deployment model: suggests weekly capital deployment from a yield basket during deep bear phases using time-ramped, drawdown-scaled, pool-capped logic How To Use Apply to BTCUSD on the 1W (weekly) timeframe Set your Start Date to the beginning of the cycle you want to track Enter your Base DCA amount (the 1x weekly amount in USD) Enter your Yield Basket size and target keep % for deployment guidance Read the on-chart table for current phase, DCA amount, sell status, and yield deploy suggestion Set alerts for phase changes and sell signals Phase → DCA Multiplier Deep Bear: 5x | Bear Recovery: 3x | Early Bull: 2x | Bull Building: 1x | Bull Confirmed: 1x | Mature Bull: 0x (paused) | Distribution: 0.5x | Weakening: 0.25x Attribution RSI + self-adjusting linear regression band structure adapted from Zeiierman's open-source indicator. Post-peak phase logic, DCA taper model, plunge guard, sell sequencing, and hybrid yield deployment are original additions. Disclaimer This indicator provides informational guidance only. It does not constitute financial advice. Past RSI patterns do not guarantee future performance. Always do your own research.
Pine Script® Indikator
von AngryBuhda
Chaos Weighted RSI [LuxAlgo]The Chaos Weighted RSI indicator provides a specialized relative strength index that adaptively adjusts its smoothing based on the level of market disorder (chaos). By utilizing Fractal Dimension Index (FDI) logic, the tool reduces sensitivity during chaotic price action to filter out market noise, offering a clearer perspective on momentum trends. 🔶 USAGE The indicator functions similarly to a traditional RSI but with a dynamic response rate. When the market is in a state of high chaos (random, non-trending movement), the RSI smoothing becomes heavier, preventing premature overbought or oversold readings. Conversely, when the price exhibits more orderly, trending behavior, the indicator becomes more responsive. Users can observe the following key elements: Trend Confirmation: The RSI line changes color based on its position relative to the 50 midline (Green for bullish momentum, Red for bearish momentum). Overbought/Oversold Zones: Traditional levels at 70 and 30 are used. The indicator features gradient fills to highlight when price momentum has reached these extremes. Divergence Detection: The script automatically identifies regular bullish and bearish divergences between price and the Chaos Weighted RSI, marking them with dots and connecting lines. 🔶 DETAILS The core innovation of this script is the integration of the Sevcik method for calculating Fractal Dimension. This calculation determines the "complexity" of the price path within a specific lookback window. 🔹 Weighting Mechanism The script calculates a Chaos value (scaled 0 to 1). This value modulates the RSI's smoothing factor (alpha). High chaos reduces the alpha, resulting in a smoother, slower-reacting RSI that is less likely to be influenced by whipsaws. Low chaos increases the alpha, allowing the RSI to track the price more closely during efficient trends. 🔹 Divergence Logic Divergences are confirmed using a pivot-based approach. Because the Chaos Weighted RSI is smoother than a standard RSI during noisy periods, the divergences detected are often more significant and less prone to minor price fluctuations. 🔶 SETTINGS 🔹 RSI Settings RSI Length: Sets the base period for the RSI calculation. 🔹 Disorder Settings Disorder Lookback: The period used to calculate the price chaos via the Fractal Dimension Index. Weight Sensitivity: Determines how aggressively the chaos calculation affects the RSI smoothing. Higher values result in more significant smoothing during chaotic periods. 🔹 Visuals Overbought/Oversold Fill: Customizes the colors for the gradient fills in extreme zones. Background Transparency: Adjusts the visibility of the central background fill between levels 30 and 70. 🔹 Divergence Settings Divergence Strength: The number of bars required on the left and right of a pivot to confirm a divergence. Higher values filter for more significant, long-term signals. Show Bullish/Bearish Divergence: Toggles the visibility of divergence labels and lines.
Pine Script® Indikator
von LuxAlgo
7
Double Relative Strength Index - DRSI🎯 Overview This is the Double Relative Strength Index (DRSI) indicator for TradingView - an advanced momentum oscillator that applies a unique mathematical transformation to traditional RSI, creating amplified signals with reduced lag while maintaining trend awareness ⚡ 🧩 Core Components ⚙️ Indicator Settings 🎛️ Input Parameters A. 🎨 Color Settings: 6 different color themes: 🎨 Classic, ✨ Neon, 🚀 Modern, 💪 Robust, 🌈 Accented, ⚫⚪ Monochrome Each theme provides distinct bullish/bearish color pairs B. 📊 DRSI Configuration: 📏 Length: Default 14 periods 📈 Source: Default close price (customizable) 📈 Long Threshold: Default 57 (asymmetric upper level) 📉 Short Threshold: Default 56 (asymmetric lower level) 🧮 Technical Calculations A. 📈 Double RSI Formula: DRSI = 2 × RSI - RSI(RSI) First: Standard RSI calculation Second: RSI applied to first RSI values Mathematical transformation amplifies momentum changes B. 🔄 State Tracking System: State persists until opposite threshold is crossed Reduces whipsaws through state memory C. 🔔 Signal Detection: 🟢 isBull_D_RSI: (bullish condition) 🔴 isBear_D_RSI: (bearish condition) 🟢 Bull_D_RSI: Crossover signal (DRSI crosses above Long Threshold) 🔴 Bear_D_RSI: Crossunder signal (DRSI crosses below Short Threshold) 👁️ Visual Elements A. 📉 Main Plots: 📊 DRSI Line: Thick line (width 2) colored conditionally based on position relative to thresholds 🎯 Long Threshold Line: Upper boundary with thematic bullish color 🎯 Short Threshold Line: Lower boundary with thematic bearish color B. 🎨 Fill Areas: 🟢 Overbought Zone: Filled between DRSI and Long Threshold 🔴 Oversold Zone: Filled between DRSI and Short Threshold 🌈 Dynamic Middle Fill: Adaptive area that shifts based on market state C. 📊 Enhanced Visualization: 🎨 Colored Candles: Price bars colored based on DRSI signal state 🔺 Signal Markers: Triangle indicators above/below bars for entry signals 📝 Current Value Label: Real-time DRSI value displayed on last bar D. 📋 Table Display: Shows "⬆️ Bullish", "⬇️ Bearish", or "🔀 Reversion" with appropriate coloring 🔔 Alert System 🟢 LONG Alert: Triggers when DRSI crosses above Long Threshold 🔴 SHORT Alert: Triggers when DRSI crosses below Short Threshold Includes ticker symbol in alert message 🏁 Trading Logic 🎯 Primary Signals: 🟢 Bullish Setup: 📈 DRSI crosses above Long Threshold (57) 📊 Bullish state persists while DRSI > Short Threshold 🎨 Visual: Theme bull colors, bullish fills, up triangles 🔴 Bearish Setup: 📉 DRSI crosses below Short Threshold (56) 📊 Bearish state persists while DRSI < Long Threshold 🎨 Visual: Theme bear colors, bearish fills, down triangles ✨ Key Features: ⚡ Amplified Momentum: Double calculation provides faster response than standard RSI 🛡️ State Persistence: Reduces whipsaws by maintaining signal until opposite threshold crossed 🎯 Asymmetric Thresholds: 57/56 levels account for market bias vs traditional 70/30 👁️ Multi-Layer Visualization: Candles, fills, markers, and table provide comprehensive view 🛠️ Customizability: Six color themes adapt to different preferences and trading styles 💻 Code Structure The script is well-organized with clear sections: ⚙️ Input settings 🧮 DRSI calculations 🔄 State tracking logic 🎨 Color definitions 📊 Multi-layer plotting 📋 Table display 🔔 Alert conditions 🎯 Best Use Cases 📈 Momentum Trading: Detects accelerating/decelerating momentum with reduced lag 🔄 Swing Trading: Asymmetric thresholds work well for swing entry/exit points ⚡ Responsive Signals: Faster than traditional RSI for timely entries 📊 Multi-Timeframe Analysis: Works across various timeframes for confirmation ✅ Signal Filtering: State persistence filters out noise and false breakouts 🏆 Unique Advantages 🎯 Mathematical Innovation: DRSI formula transforms traditional oscillator behavior 🛡️ Reduced Whipsaws: State tracking prevents premature signal reversals 👁️ Comprehensive Display: Four visual layers (candles, fills, markers, table) communicate clearly ⚡ Balanced Responsiveness: Faster than traditional RSI but more stable than raw momentum 💼 Professional Presentation: Clean, modern interface suitable for serious trading analysis
Pine Script® Indikator
von Tiagorocha1989
Pro Grid: Dual-Asset Momentum VisualizerPro Grid: Dual-Asset Momentum & Volatility Visualizer Unlock the "Hidden Dimension" of Price Action. Most traders only look at Price vs. Time. The Pro Grid Visualizer maps price action into a 2D coordinate system of Momentum (RSI) and Volatility (ATR). This reveals the "speed" and "energy" of the market instantly, allowing you to spot squeezes, expansions, and relative strength against a benchmark (like BTC or SPY) at a glance. 🎯 How It Works The indicator projects the current market state onto a grid drawn directly on your chart: • X-Axis (Momentum): Based on RSI. • Left (<50): Bearish Momentum. • Right (>50): Bullish Momentum. • Y-Axis (Volatility): Based on Normalized ATR. • Bottom (0-30%): Low Volatility (Squeeze/Consolidation). • Top (70-100%): High Volatility (Expansion/Breakout). 🚀 Key Features 1. Dual-Asset Comparison (Alpha Hunter) Stop guessing if your asset is outperforming the market. The grid overlays a Benchmark Trail (default: BTC/SPY) alongside your main symbol. • Cyan Dot (Main): Your current chart. • Magenta Dot (Benchmark): The market leader. • The Alpha Signal: If the Cyan dot is to the right of the Magenta dot, your asset has stronger relative momentum than the market. 2. Motion Trails ("Snail Trail") Static numbers don't tell the whole story. The indicator draws the last N bars as a fading trail, showing you the trajectory. • Is momentum accelerating? (Trail spacing gets wider). • Is the move exhausted? (Trail starts curling back). 3. Instant-Start Technology Unlike standard indicators that wait 200 bars to load, this script uses custom dynamic math functions to approximate data from Bar 1, ensuring the grid appears immediately on any timeframe or new listing. 🧠 How to Read the Quadrants 1. Top Right (High RSI + High Vol): Explosive Bull Run. The asset is moving up fast with high energy. 2. Bottom Right (High RSI + Low Vol): Quiet Uptrend. A steady grind upwards. Often a safe entry zone. 3. Bottom Left (Low RSI + Low Vol): The Squeeze. Price is dead, and volatility is compressed. Watch for a breakout. 4. Top Left (Low RSI + High Vol): Panic/Crash. Price is dropping violently. ⚙️ Settings • RSI Length: Standard momentum lookback (Default: 14). • ATR Length: Volatility smoothing period (Default: 14). • Benchmark Symbol: Choose what to compare against (e.g., BTCUSDT, SPY, ETHUSD). • Visuals: Toggle the benchmark on/off, adjust grid width, or switch between Neon, Dark, and Light themes. ⚠️ Disclaimer This tool is for visualization and informational purposes only. It maps past price data and does not predict future movements. Always use proper risk management.
Pine Script® Indikator
von VeloxAlgo
RSI / Stoch RSI Combo (Overlay)RSI + Stoch RSI Overlay combines two of TradingView’s most-used momentum tools into a single clean oscillator pane: Relative Strength Index (RSI) for broader momentum/strength and Stochastic RSI (K/D) for faster timing signals. What you see RSI line (classic momentum/strength) Stoch RSI K & D lines (fast momentum/timing) Optional RSI zones (70/50/30) with gradient fills Optional Stoch RSI zones (80/50/20) with background fill Why it’s useful RSI is great to judge the “bigger” momentum regime, while Stoch RSI is great for entries/exits timing inside that regime. Overlaying both helps you quickly answer: Is momentum bullish/bearish overall (RSI)? Is price stretched or resetting (Stoch RSI 80/20 + K/D crosses)? Are reversals supported by RSI structure or just a quick Stoch RSI fluctuation? How it’s calculated RSI is calculated from the selected source (default: close) and length. Stoch RSI is calculated using the RSI values (not price), then smoothed into: - K = SMA of Stoch(RSI) over “K” smoothing - D = SMA of K over “D” smoothing Optional features RSI Smoothing: Add an RSI-based moving average (SMA/EMA/SMMA/WMA/VWMA) to reduce noise. Bollinger Bands on RSI MA: If “SMA + Bollinger Bands” is selected, bands are plotted around the smoothing MA. Divergence (optional): Enable classic regular bullish/bearish divergence detection on RSI (hidden by default to keep the UI clean) and use alert conditions. Signals traders often look for Trend bias: RSI above 50 = bullish pressure; below 50 = bearish pressure. Overbought/oversold: -> RSI 70/30 zones for broader momentum extremes -> Stoch RSI 80/20 zones for faster “stretch / reset” Timing: Stoch RSI K/D crosses near 20 or 80 can help time pullbacks or reversals—best when aligned with RSI context. Alerts Regular Bullish Divergence Regular Bearish Divergence (Enable “Calculate Divergence” in settings to activate.) Notes This is an oscillator tool, not a standalone trading system. Works on any market/timeframe; consider combining with structure/trend confirmation.
Pine Script® Indikator
von d_jaeger
NQ 1M Direction Strength Meter (Bull + Bear) [v6]NQ 1M Direction Strength Meter (Bull + Bear) By: StanTheTradingMan License: Mozilla Public License 2.0 (MPL-2.0) Overview NQ 1M Direction Strength Meter is a compact, real-time bull vs bear strength engine designed to answer one question clearly: “Who is in control right now — buyers or sellers — and how strong is that control?” Instead of printing noisy buy/sell spam, this tool continuously scores Bull Strength and Bear Strength on a 0–100 scale , then displays a Net (Bull − Bear) histogram for quick bias confirmation. It’s tuned for NQ 1-minute action but works on any symbol/timeframe. What You Get ✅ Bull Strength (0–100) line ✅ Bear Strength (0–100) line ✅ Net histogram = Bull − Bear (dominance / bias) ✅ Optional background tint when bull/bear becomes “strong” ✅ Flip triangles + alerts when strength crosses the “Strong” threshold ✅ Optional RTH-only scoring (0930–1600) to reduce overnight noise How the Score Works (Simple + Transparent) Each side (bull/bear) is built from five components, blended into a single 0–100 score: Directional Slope (ATR-normalized) Uses EMA slope strength and maps it smoothly (no harsh jumps). Bull score rises when slope is positive; Bear score rises when slope is negative. Level / Trend Alignment Bull points for: above VWAP (optional), above EMA mid, bullish EMA stack (fast ≥ mid ≥ slow) Bear points for: below VWAP (optional), below EMA mid, bearish EMA stack (fast ≤ mid ≤ slow) Volume Participation (shared) Scores higher when current volume meaningfully exceeds its moving average. Helps avoid “weak moves” that drift without participation. Pullback Quality (directional) Bull prefers shallow pullbacks from recent highs. Bear prefers shallow bounces from recent lows. Uses ATR to standardize “how bad” a counter-move is. Momentum (RSI fast) Bull benefits from higher RSI, Bear benefits from lower RSI (fast reaction). Default weighting (blended): Slope 32% • Volume 26% • Pullback Quality 18% • Level/Stack 16% • RSI 8% How to Use It (Practical Read) Think of it like a “directional engine gauge,” not a stand-alone entry system. Bull-favoring conditions: Bull Strength climbs and holds above 50 Bull Strength pushes above 70 (Strong) Bear Strength stays suppressed (often below 50 ) Net histogram positive and expanding Bear-favoring conditions: Bear Strength climbs and holds above 50 Bear Strength pushes above 70 (Strong) Bull Strength stays suppressed Net histogram negative and expanding Chop / no-trade warning: Bull and Bear both hovering near mid-range (around 40–60) Net histogram flipping frequently Strong threshold rarely holds after being crossed Signals & Alerts This script includes two clean “state change” triggers: Bull turns STRONG when Bull Strength crosses above the Strong Threshold (default 70) Bear turns STRONG when Bear Strength crosses above the Strong Threshold (default 70) You can create TradingView alerts using: “BULL STRONG” “BEAR STRONG” These are intended as momentum/confirmation notifications , not guaranteed entries. Recommended Settings (for NQ 1M) Defaults are already tuned for fast index futures behavior: EMA Fast/Mid/Slow: 8 / 21 / 50 RSI Length: 7 (fast) ATR: 14 Volume MA: 20 Lookback (pullback quality): 60 Smoothing: 5 Strong Threshold: 70 Weak Threshold: 50 VWAP scoring: ON (recommended intraday) RTH filter: ON if you want cleaner signal integrity (less overnight noise) Notes / Limitations This is a strength meter, not a full strategy. Use it alongside structure (levels, VWAP, OR, liquidity, etc.). Volume behavior varies by market/session; RTH filtering can dramatically improve signal quality for index futures. Like any oscillator-style tool, it can lag slightly due to smoothing—this is intentional to reduce flicker and false flips. Disclaimer This indicator is for educational and informational purposes only and does not constitute financial advice. Trading involves substantial risk, and you are responsible for your own decisions, risk management, and execution.
Pine Script® Indikator
von StanTheTradingMan
Rhokeo-VW-RSI Histogram for Cumulative Delta by ZeiirmanRhokeo-VW-RSI Histogram: Volume-Weighted Momentum (use with Cumulative Delta from Zeiierman) Note that Cumulative Delta is a paid indicator. Overview: The Rhokeo-VW-RSI Histogram is a momentum oscillator designed to filter out market noise by integrating volume directly into the RSI calculation. Unlike a standard RSI, which only considers price change, this indicator weights those changes by the volume occurring at the time. It creates a momentum profile in the form of a Histogram. If the price moves on high volume, the indicator reflects that strong market interest through its volume-weighted gain and loss calculations. It is particularly effective as a complementary filter for “Cumulative Delta” from Zeiierman to confirm the strength behind a move before you enter a trade. How It Works The indicator operates on a normalized scale of -1.0 to +1.0 for easier visual interpretation and compatibility with Cumulative Delta indicator: • The Volume-Weighted Core: Gains and losses are calculated by multiplying the price change by volume to ensure the "Relative Strength" reflects true capital flow. • Smoothing for Clarity: The raw Volume Weighted RSI (VW-RSI) is processed through a customizable Moving Average—such as SMA, EMA, SMMA, WMA, or VWMA—to produce the smooth histogram. • Four-Zone Coloring System: The histogram changes color dynamically based on momentum intensity: o Strong Bull: Price is trending up with high-volume conviction. o Weak Bull: Positive momentum, but not yet overextended. o Weak Bear: Negative momentum starting to build. o Strong Bear: Heavy selling pressure with high-volume conviction. Key Features • Shading: The background features optional red and green shading in the "Extreme" zones to warn traders of potential exhaustion areas. • Dynamic Zero Line: The center line flips color between Green and Red based on whether the VW-RSI is positive or negative. • Customization: Traders can adjust the smoothing length, source price, and the specific levels for overbought/oversold zones. Best Use Case for New Traders: New traders often get "faked out" by price spikes that have no volume behind them. This indicator helps confirm and time better entries: 1. Wait for your Cumulative Delta indicator to give a signal. 2. Check the VW-RSI Histogram and whether it confirms or not. 3. Long Entry: Only enter if the histogram is positive and rising (above 0). 4. Short Entry: Only enter if the histogram is negative and decreasing (below 0). ________________________________________ Disclaimer Financial Risk: • Trading involves significant risk, and most traders lose money. • This indicator is a tool for technical analysis and does not constitute financial, investment, or trading advice. • Past performance is not indicative of future results; never trade with money you cannot afford to lose. Usage & Reliability: • The Rhokeo-VW-RSI Histogram is provided "as-is" for educational and informational purposes only. • While volume-weighting aims to filter market noise, no indicator can guarantee 100% accuracy or predict future market movements with certainty. • This script is intended to be a complementary tool that works well with other indicators in this case the Cumulative Delta from Zeiirman; it should be used in conjunction with other forms of analysis, risk management, and your own due diligence. Commercial Notice: • If you are using this alongside a third-party paid indicator, please note that I am not responsible for the performance or support of external products. • Users are responsible for their own trade execution and account management.
Pine Script® Indikator
von nabil007
BULL-BEAR-WALLDEMPurpose and Overview Designed for minimalistic charting, this indicator computes RSI (default 14-period on close) but hides all visuals—plots, bands, fills, and smoothing—to focus solely on divergence signals. With overlay=true, it integrates labels onto the main price chart, eliminating separate panes and scale issues. Divergences highlight momentum-price mismatches: bullish for potential upturns (e.g., weakening downtrends), bearish for downturns (e.g., fading rallies). The calculateDivergence input (default false) gates the logic, optimizing for user control and performance. Technical Implementation RSI Core: Employs ta.change(), ta.rma() for up/down averages, yielding rsi = 100 - (100 / (1 + up / down)). Divergence Module: Uses ta.pivotlow()/ta.pivothigh() with fixed lookbacks (left/right: 5) and range filter (5-60 bars). Conditions: Bullish (rsiHL && priceLL), Bearish (rsiLH && priceHH), evaluated conditionally. Rendering: plotshape() for labels (" Bull "/ " Bear ") at bar extremes (location.belowbar/abovebar), offset by -lookbackRight. Colors: green bull, red bear. Hiding: color=na for plots/hlines; transparent color.new(..., 100) for fills. Smoothing via switch (SMA/EMA/etc.) but invisible. Alerts: alertcondition() with pivot context messages. The structure prioritizes readability: grouped inputs, modular functions, and no unnecessary visuals. Usage Scenarios and Tips Apply to trending markets—e.g., 4H BTCUSD for crypto reversals or daily TSLA for stock pullbacks. Enable divergence in settings; labels offset to pivots aid quick scans. Pair with volume or trends for confirmation; alerts enable real-time monitoring. For backtesting, adapt to strategy() using conditions as entry signals. Customization Options Inputs: RSI length (min 1), source, divergence toggle (hidden display). Smoothing: Hidden group with MA types, lengths, BB multipliers. Extensions: Expose lookbacks as input.int(); add hidden divergences or MTF via request.security(). Limitations and Considerations Signals rely on data: No divergences mean no labels; adjust parameters for sensitivity. Repainting possible on live bars; best on closed data. Not standalone: Divergences (55-65% historical accuracy per studies) need context to avoid false positives in strong trends. v6-dependent; compatible but feature-limited in v5.
Pine Script® Indikator
von walldem
Scalp Master EliteWe present Scalp Master Elite 👑 This is an advanced trading indicator designed to identify high-probability reversal and take-profit zones 📍. It combines a dynamic EMA + ATR channel 📊 with multiple confirmation indicators (RSI, Stochastic, CCI, Supertrend, Price Action and more) to reduce noise and false signals 🚫📉. Thanks to its volatility-adaptive logic 🌊, the indicator works perfectly for scalping and intraday trading ⚡, while also adapting smoothly to higher timeframes and long-term trades 📈⏳. Inverted bullish / bearish triangle signals 🔺🔻 are followed by one confirmed target per setup 🎯, helping traders manage exits with clarity and discipline. Optional targets 🎯, smart alerts 🔔, ATR-based filters 📐 and a real-time win-rate table 🏆 provide full trade context with clean and intuitive visuals 🧠✨.
Pine Script® Indikator
von jake_theboss
2
MAD RSIMAD RSI ~ by GForge An adaptive trend-following indicator that combines RSI momentum with Median Absolute Deviation (MAD) volatility bands to identify trend direction, gauge regime strength, and generate entry/exit signals. Core Concept Most band-based indicators use Standard Deviation to measure volatility. The problem is that StdDev is highly sensitive to outlier candles — a single spike from news, earnings, or liquidation cascades can blow out the bands and distort signals. This indicator replaces StdDev with Median Absolute Deviation (MAD), a statistically robust volatility measure that resists outliers while still tracking genuine changes in market volatility. The result is more stable bands that better represent the true trading range. RSI-Adaptive Mechanism A smoothed RSI is calculated and used to dynamically scale the band width. The logic works as follows: when RSI is near 50 (neutral/indecisive), the bands stay at their base width. As RSI moves further from 50 in either direction — indicating stronger bullish or bearish momentum — the bands widen proportionally. This creates a self-adjusting system: during strong trends the bands expand to avoid premature exits, and during choppy consolidation they contract to keep signals responsive. The RSI smoothing parameter applies an EMA on top of the raw RSI to control how quickly the adaptive multiplier responds. A low smoothing value makes the bands react quickly to momentum shifts. A higher value smooths out the adaptation, which can reduce whipsaws in noisy conditions. Oscillator & Signal Logic The indicator computes a Basis line (Simple Moving Average) and places the adaptive MAD bands above and below it. Price position within these bands is then normalized into an oscillator ranging from 0 to 100, where 0 means price is at the lower band, 50 means price is at the basis, and 100 means price is at the upper band. Signals are generated when this oscillator crosses key thresholds: A long signal fires when the oscillator crosses above the Long Threshold, indicating price has moved convincingly into the upper portion of the adaptive channel. A short/exit signal fires when the oscillator crosses below the Short Threshold, indicating momentum has weakened and price is falling back within the channel. The thresholds are independently configurable. For example, setting a Long Threshold of 80 means you require price to push well above the midpoint before entering, while a Short Threshold of 30 means you exit relatively early before price reaches neutral. This asymmetry can be tuned for different risk appetites — tighter thresholds produce more signals with smaller moves, wider thresholds produce fewer signals but filter out more noise. Key Parameters Source — the price input for all calculations. Close is standard, but hl2, hlc3, or ohlc4 can provide smoother behavior on volatile instruments. RSI Length — controls the RSI lookback period. Longer values produce a smoother RSI that changes the adaptive multiplier gradually. Shorter values make it more reactive. RSI Smoothing — additional EMA smoothing applied to the RSI before it feeds into the adaptive multiplier. Set to 1 for no extra smoothing. Basis Length — the SMA period for the center line of the channel. This is the trend anchor. Longer values track slower trends, shorter values hug price more closely. MAD Length — lookback for the Median Absolute Deviation calculation. Controls how many bars contribute to the volatility estimate. Longer values produce more stable bands, shorter values adapt faster. Volatility Multiplier — the base scaling factor for band width before RSI adaptation is applied. Higher values widen the bands and reduce signal frequency. Lower values tighten them and increase signal frequency. Visuals A gradient cloud beneath price provides an at-a-glance read of trend regime and strength. Bar colors reflect the oscillator position. Signal markers appear as diamonds above and below bars. Usage Notes This is a tool to assist your analysis, not a standalone trading system. Always apply your own risk management and confirm signals with additional context. Past performance does not guarantee future results. Default settings are a starting point — optimize for your specific instrument, timeframe, and trading style. The MAD calculation is particularly well-suited for instruments prone to sudden spikes or gap moves where Standard Deviation-based indicators tend to produce erratic signals. Developed by GForge
Pine Script® Indikator
von GForge
1
Safer Reversal: CHoCH & Div 1st BoS Entry & Exits & Pro FeaturesProfessional traders (in ICT/SMC frameworks) often exit reversal trades using these logic layers for better risk control and to avoid holding into reversals: Opposing CHoCH → Strongest exit/reversal warning: If you’re in a bullish trade and a bearish CHoCH forms (breaks structure against your direction), it’s time to exit fully or scale out aggressively. This signals the new trend might be over or reversing. Failed BoS / Lack of Continuation → If no new BoS occurs for many bars after entry (e.g., 10–20 bars, adjustable), momentum is fading → partial or full exit. Target Zones → Common exits at next major POI: e.g., opposite-side liquidity (equal highs/lows), recent swing extremes, or a fixed RR (like 1:2 or 1:3 from entry). Trailing via Swings → After each new BoS in your direction, trail stop to the recent swing low/high (or below last BoS level) for letting winners run. Other Pro Touches: Volume filter on entry BoS (require above-average volume for confirmation). RSI extreme check (e.g., exit if RSI hits overbought/oversold in your trade direction after entry). Alerts for exits (“EXIT BUY - Opposing CHoCH” etc.).
Pine Script® Indikator
von jeffreykgibson3
stelaraX - RSIstelaraX – RSI stelaraX – RSI is a momentum oscillator designed to measure the speed and magnitude of recent price changes. It helps identify overbought and oversold market conditions while providing a clear view of momentum shifts and potential reversals. This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation. stelarax.com Core logic The Relative Strength Index is calculated using a user-defined lookback period and compares average gains to average losses over that period. Key elements include: * RSI value oscillating between 0 and 100 * overbought level to identify stretched bullish conditions * oversold level to identify stretched bearish conditions * a central 50 level to distinguish bullish and bearish momentum regimes When RSI is above 50, momentum is considered bullish. When RSI is below 50, momentum is considered bearish. Visualization The script plots: * the RSI line * a configurable overbought level * a configurable oversold level * a neutral midline at 50 The area between overbought and oversold levels is visually highlighted, making momentum zones easy to interpret at a glance. Use case This indicator is intended for: * identifying overbought and oversold conditions * spotting momentum shifts and potential reversals * confirming trend strength and continuation * divergence analysis between price and momentum For traders looking to combine classical momentum tools with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com Disclaimer This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
Pine Script® Indikator
von stelaraX_official
RSI(5) on RSI(14)RSI(5) on RSI(14) This indicator is displayed in a separate pane and works on all timeframes. It combines a classic RSI with a secondary RSI calculated on the RSI values themselves, allowing deeper analysis of momentum and internal strength. Indicator Logic The indicator consists of two components: RSI (period 14) calculated from price data (default: Close). RSI (period 5) calculated on the values of RSI(14), equivalent to Previous Indicator’s Data in MetaTrader. This structure helps to: identify overbought and oversold zones using the primary RSI, observe acceleration, deceleration, and momentum shifts inside the RSI itself using the secondary RSI. Visualization RSI(14) is plotted as a configurable colored line. RSI(5) on RSI(14) is plotted as a thin black line on top of the main RSI. The indicator scale is fixed between 0 and 100. Levels 20 and 80 — configurable oversold and overbought levels: adjustable values, customizable color, line width, line style (solid, dashed, dotted). 50 level: black, thin, dashed, acts as a mid-level equilibrium reference. Inputs Users can adjust: RSI(14) period, RSI(5) period, price source for RSI(14), colors and line widths, level values and styles for 20 / 80. Use Cases This indicator can be used for: momentum and strength analysis, detecting internal RSI momentum shifts, trend confirmation and filtering, standalone oscillator analysis or as part of a larger trading system.
Pine Script® Indikator
von Benepamm
MTF RSI Confluence (3 TFs) + Table + AlertsThis indicator displays RSI confluence across three user-selectable timeframes in a single oscillator pane. It's designed to help you quickly confirm whether momentum conditions (overbought/oversold/neutral) align across multiple time horizons before acting. What it does - Plots three RSI lines at once, each sourced from a different timeframe (defaults: 5m / 15m / 1H ). - Applies independent overbought/oversold thresholds per timeframe , so each RSI can be evaluated with its own rules. - Shows a color-coded table summarizing: - timeframe - RSI value - status (OVERBOUGHT / NEUTRAL / OVERSOLD) - that timeframe's OB/OS levels - Highlights the pane background when there is full confluence: - All 3 overbought (red tint) - All 3 oversold (green tint) - Provides alert conditions when all three timeframes agree on overbought or oversold. How it works (key logic) - RSI is calculated per timeframe using request.security() with lookahead=barmerge.lookahead_off to avoid forward-looking values. - Each timeframe's RSI is classified: - RSI >= Overbought → Overbought - RSI <= Oversold → Oversold - otherwise → Neutral - Confluence triggers when all three statuses match (all overbought or all oversold). - Signals/alerts are gated by barstate.isconfirmed so the confluence events only trigger on confirmed bars (reduces repaint-like behavior on the current forming bar). How to use it 1. Add to chart (works on any symbol: crypto, forex, indices, stocks). 2. Configure: - RSI Length (1–200) - TF1 / TF2 / TF3 (any TradingView timeframe string) - OB/OS per timeframe with input constraints: - Overbought: 50–100 - Oversold: 0–50 - Optional: enable/disable the table and choose its position. 3. Interpret output: - RSI line colors reflect status (red = overbought, green = oversold, gray = neutral). - Table provides an at-a-glance confluence dashboard. - Use alerts for "all oversold" or "all overbought" as a filter for entries/exits or as a regime warning. Recommended usage - Works well on lower chart timeframes (1m–15m) to confirm setups with a higher timeframe (e.g., 1H / 4H). - Typical approach: - Look for all-oversold confluence during uptrends (potential pullback exhaustion). - Look for all-overbought confluence during downtrends (potential bounce exhaustion). - Consider pairing with trend context (moving averages, market structure) to avoid counter-trend signals. What makes it useful/original - Combines three MTF RSI readings + independent thresholds into one pane and a compact table, reducing chart clutter. - Uses non-forward-looking MTF data (lookahead_off) and confirmed-bar gating for more reliable confluence alerts. - Clear "traffic light" style status labeling to support fast discretionary decisions and alert-driven workflows. Disclaimer This script is for educational and informational purposes only and does not constitute financial advice. Alerts and signals are based on historical/hypothetical calculations and do not guarantee future results. Always manage risk and validate signals within your own trading plan.
Pine Script® Indikator
von bouch