RSI — Josh (Refined)

RSI Buy/Sell Pro — Josh (Refined)

Overview
This study enhances the classic RSI (Relative Strength Index) by adding multiple visualization layers and research tools. It helps users see overbought/oversold conditions, divergence patterns, and momentum shifts more clearly — in a way that is visually intuitive.

⚠️ Disclaimer: This script is for educational and research purposes only. It does not provide financial advice or trading recommendations. Past signals are not indicative of future results. Users remain fully responsible for their own decisions and risk management.

Key Features

Custom RSI Signals

Flexible signal modes (Strict 30/70, Loose, Aggressive 50-cross)

Optional “BUY/SELL” visual text or compact labels

Adjustable cooldown between signals

RSI Divergence Detection

Classic bullish/bearish divergence with pivot confirmation

Real-time “Shadow Divergence” preview (may repaint, by design)

Visual waterline and shaded shadow effects

MA Cross on RSI

Overlay fast/slow moving averages directly on the RSI scale

Crossovers highlighted with markers and alerts

Bollinger Aura (Glow Effect)

Bollinger Bands applied to RSI with customizable color modes

Single color, Upper/Lower, or Zone-driven bull/bear tint

Optional soft fill between bands for clarity

Guidance Panel

On-chart panel summarizing RSI state (OB/OS/Neutral), real-time shadow status, and credits

Alerts Included

RSI BUY / SELL cross conditions

RSI MA cross up / down

Divergence signals (classic & real-time)

Usage Notes

Designed to visualize RSI dynamics and assist in technical research

The “BUY/SELL” markers are visual study tags only — not trade calls

For best practice, combine with higher timeframe context, support/resistance, or volume analysis

Always validate ideas in a demo environment before applying to live trading

Compliance & Credits

Built in Pine Script® v5 on TradingView

Indicator name and labels are for visualization only — not investment advice

Credits: Inspired by classic RSI concepts, refined with additional visualization methods

✅ This description keeps your script compliant:

No performance guarantees

No marketing language like “make profit fast”

Clear disclaimer & educational framing