RSI Levels On Chart [MisterMoTA]The values of the RSI Levels On Chart are calculated using Reverse Engineering RSI calculations by Giorgos Siligardos, Ph.D.
Instead of using only the 50 line of the RSI on chart I added options for users to define the Extreme Overbought and Oversold values, also simple Oversold and Overbought values, start of Bullish and Bearish zones and the 50 rsi value.
With the RSI Levels On Chart users are able to see on chart the price that a candles need to close for a certain value of the RSI. E.g. what price is needed for the RSI to be at oversold 30 or what would be the price when rsi will cross the 50 line.
The script has the 50 line color coded that will turn red when the line falling and will change to the user input color when it will be rising, helping users to see fast the clear trend of any asset on any timeframe from 1 second to 12 months.
I added few alerts for rsi overbought, oversold, extreme overbought and extreme oversold, crossing 50 level, crossing bullish or bearish zones values and also alerts for the 50 line falling or rising.
You can use RSI Levels On Chart as a simple indicator or you can add your favorite oscilator(s) to have a clear view of the trends of the markets, in this demo I added RSI + Divergences + Alerts with a moving average set to 50 RMA.
Tìm kiếm tập lệnh với "rsi divergence"
RSI Chart LevelsThe RSI Chart Levels shows you in a simple way where Support/Resistance might be. You want to make sure all settings are the same in the RSI that you are using with this overlay to be accurate.
This is also good at spotting divergence in real-time. If price goes over the Higher High but the RSI hasn't gained a new Higher High it is showing divergence, vice versa for Lower Low.
This overlay was created with the idea of RSI Divergence Scanner by zdmre indicator. Add his RSI and match the settings to the chart overlay. The default Zigzag is set to 7 which zdmre settings is different so change to whatever you prefer.
Shoutout to zdmre original work!
ASR_Top/BottomThis is top and bottom finder indicator which is using RSI , Mavilimw(Kivanc's) , BB and WT
it is better use this indicator on Daily Weekly and 4H chart
There is 2 signal Buy and Sell , you can use different strategies such as ( when you see Buy signal you can buy 25% of your portfolio and when you see SELL signal sell 25% of portfolio )
rule is basic :
Buy - when RSI and WT is in overbought zone and Last bar touched upper BB line and backed inside it would triggered buy
SELL- when RSI and WT is in oversold zone and last bar touched lower band of BB and up inside it would be triggered sell
Strategies :
it is better use this indicator also with RSI divergence
let say you see BUY signal and after that you see rsi positive divergence it is confirmed that we are in bottom or when Sell signal happened and rsi negative divergence happened it confirms that we are in top
also you can use 200 ma , if you see sell in below 200 ma it is exit opportunity or if you see buy above 200 ma it is buy opportunity
I would appreciate your comments and opinions or experiences when you are using this indicator
VXD SupercycleVXD is a brand new indicator and still developing. to minimize stop losses and overcome sideways market conditions, Higher Timeframe are recommended
Trend lines
-using Rolling VWAP as trend line to determined if Volume related to a certain price.
-you can switch RVWAP to EMA in the setting
ATR
-trailing 12*ATR and 2.4 Mutiplier
Pivot point and Rejected Block
Pivot show last High and low of a price in past bars
Rejected Block show when that High or Low price are important level to determined if it's Hidden Divergence or Divergence
Symbols on chart show Premium and Discount Prices
X-Cross - show potential reversal trend with weak volume .
O-circle - show potential reversal trend with strong volume .
Setting
Momentum: RSI = 25 , RSI MA = 14
Trend: Rolling VWAP and ATR and Subhag
Trailing STOP: ATR 12 x 2.4
Highlight Bars color when volume is above SMA 6
SMA200 act as TP Line
Risk:Reward Calculation
if Buy your Stoploss will be previous Pivot low
if Sell your Stoploss will be previous Pivot high and will be calculated form there, then show TP in Orange color line
VXD เป็นระบบเทรดที่ผมทดลองเอาหลาย ๆ ไอเดีย ทั้งจาก Youtube facebook และกลุ่มคนต่าง ๆ มารวบรวมไว้ แล้วตกผลึกขึ้นมาเป็นระบบนี้ ใน Timeframe ใหญ่ ๆ สามารถลากได้ทั้ง Cycle กันเลย
Trend lines
-ใช้ Rolling VWAP ของแอพ Tradingview (สามารถตั้งแค่าเป็น EMA ได้)
ATR
-ใช้ค่า ATR 12 Mutiplier 2.4
Pivot point and Rejected Block
Pivot โชว์เส้น High low และมีผลกับออเดอร์ หากแท่งเทียนปิดทะลุเส้นนี้
Rejected Block วาดแนวรับ-ต้าน อัตโนมัติ ใช้ประกอบ RSI ว่ามี Divergence หรือไม่
สัญลักษณ์ต่าง ๆ
X-Cross - แท่งกลืนกิน วอลุ่มน้อย
O-circle - แท่งกลืนกิน มีวอลุ่ม
Setting
Momentum: RSI = 25 , RSI MA = 14
Trend: Rolling VWAP and ATR and Subhag
Trailing STOP: ATR 12 x 2.4
Highlight Bars color when volume is above SMA 6
SMA200 act as TP Line
Risk:Reward Calculation
หาก Buy จุด SL จะอยู่ที่ Pivot low
หาก Sell จุด SL จะอยู่ที่ Pivot high และระบบจะคำนวณจากตรงนั้น จากนั้นแสดงเป็นเส้น TP สีส้ม
This Strategy Combined the following indicators and conditioning by me
ATR , RSI , EMA , SMA
Rolling VWAP - /script/ZU2UUu9T-Rolling-VWAP/
Regression Lines - Subhag form Subhag Ghosh /script/LHHBVpQu-Subhag-Ghosh-Algo-Version-for-banknifty/
Rejection Block , Pivots , High Volume Bars and PPDD form Super OrderBlock / FVG / BoS Tools by makuchaku & eFe /script/aZACDmTC-Super-OrderBlock-FVG-BoS-Tools-by-makuchaku-eFe/
ขอให้รวยครับ.
RSI5_50 with DivergenceThis is variation of RSI Divergence strategy.
I have added a filter (long term RSI) to the Rules. strategy BUYs when RSI 50 period is above 50 line and there is divergence on the short term RSI
settings
=========
short term RSI period 5
long term RSI period 50
stopLoss is 8% --- if setting is enabled
BUY Rule
========
RSI 50 is above 50 line
short term RSI is showing divergence
Add to existing
==============
if already in position, BUY when shorTermRSI is crossing above 20
TakeProfit
=========
when longTermRSI reaches 60,65, 70 and 75 level , take partial profits .
(not when crossing down --- This may affect on profits , because when price goes down , it goes very fast )
Exit
=====
when longTermRSI is crossing down 30
OR stopLoss value hits
Note: When I tested this with GOOGL stock , I have got excellent results ... any experts there , please check everything is good with scripting ...
Happy Trading
Multi-Indicator Dashboard# Multi-Indicator Dashboard v3.7
## What Makes This Script Original?
This dashboard is **not a simple indicator mashup**. It implements a **unique multi-layer decision system** that combines three distinct methodologies into a unified framework:
1. **Ehlers' Laguerre Mathematics** - 18 weighted Laguerre filters with consensus voting
2. **Minervini's Trend Template** - Structural trend analysis using SMA relationships
3. **Defensive Voting System** - A 7-jury protection mechanism to prevent false signals
The key innovation is the **layered signal override architecture**: each layer can downgrade (but never upgrade) signals from the previous layer, creating a "safety net" that catches bull traps and false breakouts.
---
## How It Works: The 5-Layer Protection System
### Layer 1: Laguerre Consensus (Signal Generation)
The script calculates 18 Laguerre filters with gamma values from 0.10 to 0.95. Each filter "votes" bullish or bearish based on:
- Price position relative to filter
- Filter direction (rising/falling)
Votes are weighted by gamma (slower filters = higher weight). The **Effective Consensus** percentage determines the base signal strength.
### Layer 2: Market Filter (Macro Protection)
```
IF Reference Index (SPY/QQQ) < 200-day SMA
THEN Market = Bearish → Block ENTER signals
```
This prevents new entries during bear markets, regardless of individual stock strength.
### Layer 3: Regime Filter (Market Condition)
The script detects three market regimes using 7 criteria:
- ADX level (trend strength)
- DI+ vs DI- spread
- RSI position
- SMA convergence
- Volatility contraction
- Laguerre spread
**Choppy or Sideways regime** → Downgrade TREND/ENTER to CAUTION
### Layer 4: Protection Score (7-Jury System)
Seven independent "juries" vote on structural health:
| Jury | Condition | Meaning |
|------|-----------|---------|
| Laguerre | Close < Lag01 | Fast support broken |
| MACD | Histogram < 0 | Momentum negative |
| OBV | Trend = -1 | Volume selling |
| SMA20 | Close < SMA20 | Short-term trend broken |
| EMA Structure | EMA10 < SMA20 | Trend structure damaged |
| RS Line | RS < RS SMA50 | Underperforming index |
| Net Momentum | RSC < 50 | Sellers stronger than buyers |
**Scoring:**
- 0-1 points: Normal
- 2 points: Yellow Alert (TREND → WAIT)
- 3+ points: Red Alert (→ CAUTION)
### Layer 5: RSI Divergence Alert (Visual Warning)
When price approaches a 60-day high but RSI is 5+ points lower than at the previous peak, a warning icon (⚠️) appears. This **does not change signals** - it's informational only.
---
## Signal Interpretation
| Signal | Code | Meaning | Action |
|--------|------|---------|--------|
| 🟢 ENTER | 5 | Strong setup, all layers confirm | Consider entry |
| 🟢 TREND | 4 | Trend continues, structure intact | Hold position |
| 🟠 CAUTION | 3 | Warning signs present | Avoid new entries |
| 🟡 WATCH | 2 | Developing, too early | Monitor closely |
| ⚪ WAIT | 1 | Conditions unfavorable | Stay in cash |
---
## Key Indicators Explained
### RSC (Relative Strength of Change)
```
RSC = Sum of Positive Changes / Total Changes × 100
```
- RSC > 50: Buyers creating larger moves
- RSC < 50: Sellers creating larger moves
### Effective Consensus
Weighted average of 18 Laguerre filter votes. Higher gamma filters (slower, more reliable) have 2x weight compared to fast filters.
### LaRSI (Laguerre RSI)
Ehlers' smoothed RSI variant. Key zones:
- Below 0.20: Oversold (potential bottom)
- 0.30-0.55: Pullback zone (entry opportunity if turning up)
- Above 0.80: Overbought (caution)
---
## How to Use
1. **Check FINAL SIGNAL** - This is the output after all 5 layers process
2. **Read Status Row** - Shows which filter is currently active (if any)
3. **Monitor RSI Alert** - Orange color with ⚠️ means divergence detected
4. **Use Data Window** - Right-click chart → Data Window for all raw values
### Settings
- **Reference Index**: SPY for US stocks, BTCUSD for crypto
- **RS Lookback**: Period for relative strength calculation (default 50)
- **Filters can be toggled** on/off based on your strategy
---
## Important Disclaimers
- This indicator does not guarantee profits
- Past performance ≠ future results
- ENTER signal ≠ "buy immediately" - always confirm with your own analysis
- Risk management remains your responsibility
---
## Credits & Methodology Sources
- **Laguerre Filters**: John Ehlers, "Cybernetic Analysis for Stocks and Futures"
- **Trend Template**: Mark Minervini, "Trade Like a Stock Market Wizard"
- **CANSLIM**: William O'Neil, "How to Make Money in Stocks"
---
HTB Reversal Pattern - RSI DivergenceHow this Script Works
Pivot Points: The script looks for "peaks" and "valleys" in the RSI indicator.
Divergence Logic: * Bullish: If the current price low is lower than the previous low, but the RSI low is higher than the previous RSI low, it indicates the selling pressure is fading despite the price drop.
Bearish: If the current price high is higher than the previous high, but the RSI high is lower than the previous RSI high, it suggests buying momentum is weakening.
The "Lookback" Offset: Because pivot points require a few bars to the right to be confirmed (defined by lbR), the labels will appear on the chart with a small delay (default is 5 bars). This is necessary to prevent "repainting" (signals that disappear after they appear).
Pivot Reversal Signals - Multi ConfirmationPivot Reversal Signals - Multi-Confirmation System
Overview
A comprehensive reversal detection indicator designed for daytraders that combines six independent technical signals to identify high-probability pivot points. The indicator uses a scoring system to classify signal strength as Weak, Medium, or Strong based on the number of confirmations present.
How It Works
The indicator monitors six key reversal signals simultaneously:
1. RSI Divergence - Detects when price makes new highs/lows but RSI shows weakening momentum
2. MACD Divergence - Identifies divergence between price action and MACD histogram
3. Key Level Touch - Confirms price is at significant support/resistance (previous day high/low, premarket high/low, VWAP, 50 SMA)
4. Reversal Candlestick Patterns - Recognizes bullish/bearish engulfing, hammers, and shooting stars
5. Moving Average Confluence - Validates bounces/rejections at stacked moving averages (9/20/50)
6. Volume Spike - Confirms increased participation (default: 1.5x average volume)
Signal Strength Classification
• Weak (3/6 confirmations) - Small circles for situational awareness only
• Medium (4/6 confirmations) - Regular triangles, viable entry signals
• Strong (5-6/6 confirmations) - Large triangles with background highlight, highest probability setups
Visual Features
• Entry Signals: Green triangles (up) for long entries, red triangles (down) for short entries
• Exit Warnings: Orange X markers when opposing signals appear
• Signal Labels: Show confirmation score (e.g., "5/6") and strength level
• Key Levels Displayed:
o Previous Day High/Low - Solid green/red lines (uses actual daily data)
o Premarket High/Low - Blue/orange circles (4:00 AM - 9:30 AM EST)
o VWAP - Purple line
o Moving Averages - 9 EMA (blue), 20 EMA (orange), 50 SMA (red)
• Background Tinting: Subtle color on strongest reversal zones
Key Level Detection
The indicator uses request.security() to accurately fetch previous day's high/low from daily timeframe data, ensuring precise level placement. Premarket high/low levels are dynamically tracked during premarket sessions (4:00 AM - 9:30 AM EST) and plotted throughout the trading day, providing critical support/resistance zones that often influence price action during regular hours.
Customizable Parameters
• Signal strength thresholds (adjust required confirmations)
• RSI settings (length, overbought/oversold levels)
• MACD parameters (fast/slow/signal lengths)
• Moving average periods
• Volume spike multiplier
• Toggle individual display elements (levels, MAs, labels)
Best Practices
• Use on 5-minute charts for entries, confirm on 15-minute for direction
• Focus on Medium and Strong signals; Weak signals provide context only
• Strong signals (5-6 confirmations) have the highest win rate
• Pay special attention to reversals at premarket high/low - these levels frequently hold
• Previous day high/low often acts as major support/resistance
• Always use proper risk management and stop losses
• Works best in moderately trending markets
Alert Capabilities
Set custom alerts for:
• Strong long/short signals
• All entry signals (medium + strong)
• Exit warnings for open positions
Ideal For
• Daytraders and scalpers (especially SPY, QQQ, and liquid equities)
• Swing traders seeking precise entries
• Traders who prefer confirmation-based systems
• Anyone looking to reduce false signals with multi-factor validation
• Traders who utilize premarket levels in their strategy
Technical Notes
• Uses Pine Script v6
• Premarket hours: 4:00 AM - 9:30 AM EST
• Previous day levels pulled from daily timeframe for accuracy
• Maximum 500 labels to maintain chart performance
• All key levels update dynamically in real-time
________________________________________
Note: This indicator provides signal analysis only and should be used as part of a complete trading strategy. Past performance does not guarantee future results. Always practice proper risk management.
Tactical Holding [SwissAlgo]Tactical Holding
A visual framework for managing long-term positions across market cycles
--------------------------------------------------------------
Purpose
Instead of holding a fixed position through all market conditions , you can use this framework to adjust your exposure tactically . By reducing positions during distribution phases and accumulating during favorable accumulation zones, you may end up holding more units of the asset over complete market cycles - even if you temporarily exit or reduce exposure during unfavorable periods. This approach aims to help you compound your holdings by taking advantage of market volatility rather than simply enduring it.
--------------------------------------------------------------
Recommended Settings
Timeframe : Weekly (1W) chart
Chart Type : Standard candlesticks (select 'Bar' type Candles)
This indicator is designed for higher timeframe analysis. While it can be applied to other timeframes, the logic and signal generation are optimized for weekly charts to filter out short-term noise and focus on major market cycles.
--------------------------------------------------------------
Key Features
♦ Market State Classification
The indicator aims to categorize potential market conditions into five color-coded states based on technical confluences:
* Bull (bright green): Multiple bullish indicators align
* Bull Retrace (teal): Bullish structure with temporary weakness
* Bull ⇆ Bear Reversal (yellow): Transitional phase between trends
* Bear (bright red): Multiple bearish indicators align
* Bear Retrace (Pale Red/Maroon): Bearish structure with temporary strength
♦ Visual Elements
* Candles change color based on the current market state
* A 50-period EMA tracks with the same color coding, providing visual trend context
* Small arrow markers appear when specific pattern conditions are met (zones for potential distribution or accumulation)
* A legend table (toggle on/off) explains the color system
* A label shows the current state name on the chart
♦ Pattern Recognition
The system monitors for two types of potential entry/exit zones:
1. State transition patterns after periods of market regime consistency
2. RSI divergence patterns (when price and momentum move in opposite directions)
♦ Customization
* Toggle the legend table visibility through settings
* All calculations are transparent and use standard technical analysis methods
--------------------------------------------------------------
How It Works
Think of this indicator as a traffic light system for your portfolio:
♦ Green zones suggest the asset might be in an environment where long-term holders historically have remained invested
Bright green (Bull) : Multiple technical indicators align in a potentially strong bullish phase
Pale green (Bull Retrace) : Bullish structure remains intact, but momentum shows temporary weakness - often a pullback within an uptrend
♦ Red zones suggest conditions where long-term holders might consider reducing exposure or waiting for better entry points
Dark red (Bear) : Multiple technical indicators align in a potentially strong bearish phase
Pale red (Bear Retrace) : Bearish structure remains intact but shows temporary strength - often a bounce within a downtrend
♦ Yellow zones indicate the market is in transition between bull and bear regimes - a time for increased attention as the trend direction becomes uncertain
The system doesn't predict future prices. Instead, it helps you understand the current technical environment by doing the heavy lifting of analyzing multiple indicators at once and presenting them in a simple visual format.
Example: During the 2022 crypto bear market, the indicator would have displayed extended red periods, signaling defensive conditions for holders. When accumulation arrows appeared in late 2022-early 2023, it highlighted potential re-entry zones as the technical regime transitioned back toward green, before the 2024 recovery.
--------------------------------------------------------------
Who This Is For
♦ Long-term investors who want to hold assets through cycles but prefer a systematic approach to position sizing and timing rather than buying and never selling .
♦ Portfolio managers looking for a visual tool to help determine when to increase or decrease exposure to specific assets based on technical regime changes.
♦ Swing traders on higher timeframes who want to align their positions with the broader market structure rather than fighting the trend.
This is not designed for:
* Day traders or scalpers
* Those seeking exact entry/exit prices
* Automated trading systems (this is a visual decision-support tool)
--------------------------------------------------------------
Understanding the Visuals
When you apply Tactical Holding to a chart, you'll see:
1. Colored candles - Instantly see what market regime the asset is in
2. Colored EMA line (thick line) - Provides a dynamic support/resistance reference that changes color with market conditions
3. Small arrows (↑ ↓) - Mark bars where specific technical patterns complete
4. State label - Shows current market classification
5. Legend table (top right) - Quick reference guide for the color system
6. Warning banner (top center) - Reminds you to use weekly charts
The visual design prioritizes clarity over complexity. You should be able to glance at a chart and immediately understand the current technical environment.
--------------------------------------------------------------
Important Limitations
This indicator cannot:
* Predict future price movements
* Guarantee profitable trades
* Work equally well on all assets or timeframes
* Replace your own research and risk management
Technical considerations:
* Divergence detection has a 3-bar confirmation lag (by design, to avoid false signals)
* State transitions require multiple technical confirmations, which may cause delayed reactions to rapid market changes
* The system is reactive, not predictive - it responds to price action after it occurs
* Performance varies significantly between trending assets (like Solana) and stable assets (like Apple)
--------------------------------------------------------------
Practical Application
Consider using this indicator as one component of a broader investment framework:
♦ Understanding Position Context:
The color-coded states can help frame your thinking about current holdings:
Bull: Technical conditions that have historically been associated with sustained uptrends
Bull Retrace: Pullbacks within an overall bullish structure- these periods may offer opportunities to evaluate entry points or reassess existing positions
Reversal (Yellow): Transitional phases where the trend direction is unclear - periods that may warrant closer monitoring
Bear Retrace: Temporary strength within an overall bearish structure - rallies that historically have often faded
Bear: Technical conditions that have historically been associated with sustained downtrends
♦ Interpreting Signal Arrows:
Arrow markers indicate when specific technical pattern conditions have been met. These are observation points, not instructions:
A signal appearing doesn't mean immediate action is required
Treat arrows as prompts for further analysis rather than automatic triggers
Consider the broader context: fundamentals, your investment timeline, risk tolerance, and overall market conditions
Signals show when historical technical patterns have formed - not whether those patterns will lead to the same outcomes as in the past
The framework is designed to organize information visually, not to tell you what to do. Your investment decisions should incorporate this technical perspective alongside other factors relevant to your situation.
--------------------------------------------------------------
Technical Methodology
For transparency, the indicator uses:
* RSI (14) with a 14-period SMA to assess momentum direction
* MACD (12,26,9) to confirm trend strength and histogram momentum
* Stochastic RSI with K and D line crossovers for additional confirmation
* 50-period EMA as the primary trend filter
* Linear regression-based slope analysis to detect flat/transitional periods
* Pivot-based divergence detection following standard technical analysis principles
All calculations use publicly available technical analysis formulas. Nothing is hidden or proprietary beyond the specific combination and weighting of these standard tools.
--------------------------------------------------------------
Disclaimer
This indicator is an educational and analytical tool only. It is not financial advice.
* Trading and investing involve substantial risk of loss
* Past performance of any technical system does not indicate future results
* No indicator can predict market movements with certainty
* Always conduct your own research and consult with qualified financial professionals
* Never invest more than you can afford to lose
* The creators of this indicator are not responsible for any trading losses
* This tool is not affiliated with, endorsed by, or connected to TradingView, 3Commas, or any other trading platform
* Use of this indicator is at your own risk
Risk Management: Regardless of what any indicator shows, always use proper position sizing, stop losses, and risk management appropriate to your personal financial situation.
This indicator provides a framework for analysis. Your decisions, research, and risk management determine your results.
Dips & Rips — OVERLAY (Triangles on Price Only, size fixed)This script calculates extreme dips (blue triangle) or rips (yellow triangle) as likely reversal points, with confirmation long (green triangles) and short (red triangles) triggers occurring on subsequent RSI divergences.
QQE Weighted Oscillator [LuxAlgo]The QQE (Quantitative Qualitative Estimation) Weighted Oscillator improves on its original version by weighting the RSI based on the indications given by the trailing stop, requiring more effort in order for a cross with the trailing stop to occur.
🔶 USAGE
The QQE Weighted Oscillator is comprised of a smoothed RSI oscillator and a trailing stop derived from this same RSI. The oscillator can be used to indicate whether the market is overbought/oversold as well as an early indication of trend reversals thanks to the leading nature of the RSI.
Using higher Factor values will return a longer-term trailing stop.
Like with a regular RSI divergence can be indicative of a reversal.
Further weighting will control how much "effort" is required for the trailing stop to cross the RSI. For example. For example, an RSI above the trailing stop will require a higher degree of negative price variations in order for a potential cross to occur when using higher weights.
This can cause higher weightings to return more cyclical and smoother results.
🔶 SETTINGS
Length: Length of the RSI oscillator.
Factor: Multiplicative factor used for the trailing stop calculation.
Smooth: Degree of smoothness of the RSI oscillator.
Weight: Degree of weighting used for the RSI calculation.
Momentum3A Momentum indicator based on RSI.
Usage:
1. RSI divergence and hidden divergence
2. RSI over-sell and over-bought
3. 1st order info: when rsi>0, background is green; when rsi<0, red
4. 2nd order info: when rsi increases, rsi line is green; when decreases, rsi is red.
Divergence OBV RSI[mado]Divergence screener for OBV RSI
Regular Bullish: "D" navy label
Hidden Bullish: "H" navy label
Regular Bearish: "D" red label
Hidden Bearish: "H" red label
MACD and RSI divergence by Rexio v2Hi everyone!
I wrote this indicator for intraday trading and it cannot be use only by itself you need to at least draw some S/R lines to make it useful. It is based at MACD histogram and gives signal when it sees divergence on MACD/RSI/MACD's Histogram (or all at once - settings) when macd's histogram switchs trend. Im using it to playing with a trend most of the time looking for hidden divergence at higher time frame and after that looking for regular divergence at lower time frame.
Im not a computer programist nor professional trader so it is only for educational purposes only.
tvial/rsiSimple RSI indicator including:
- 40 & 60 support/resistance
- visual marker (orange bgcolor) on RSI length limit to spot actual RSI divergences
- simple layout
RSI BitfinexRSI applied to BTC longs/shorts ratio on Bitfinex. You can use the oscillator as you'd use RSI:
- Divergences
- Oversold/overbought signals
- R/S on the indicator
- Trend indication
- etc
[CodaPro] Multi-Timeframe RSI Dashboard v1.1
v1.1 Update - Fixed Panel Positioning
After initial release, I realized the indicator was displaying overlayed on the price chart instead of in its own panel. This has been corrected!
Changes:
- Fixed: Indicator now displays in separate subpanel below price chart (much cleaner!)
- Improved: 5min and 1H RSI lines are now bold and prominent for easier reading
- Improved: 15min, 4H, and Daily lines are subtle/transparent for context
- Updated: Default levels changed to 40/60 (tighter, high-conviction signals)
- Updated: All 5 timeframes now active by default (toggle any off in settings)
Thanks for the patience on this quick fix! The indicator should now display properly in its own panel below your price chart.
If you were using v1.0, please remove it from your chart and re-add the updated version.
Happy trading!
Multi-Timeframe RSI Dashboard
This indicator displays RSI (Relative Strength Index) values from five different timeframes simultaneously in a clean dashboard format, helping traders identify momentum alignment across multiple time periods.
═══════════════════════════════════════
FEATURES
✓ Displays RSI for 5 customizable timeframes
✓ Color-coded status indicators (Oversold/Neutral/Overbought)
✓ Clean table display positioned in chart corner
✓ Fully customizable RSI length and threshold levels
✓ Works on any instrument and timeframe
✓ Real-time updates as price moves
✓ Smart BUY/SELL signals with cooldown system
✓ Non-repainting - signals never disappear after appearing
═══════════════════════════════════════
HOW IT WORKS
The indicator calculates the standard RSI formula for each selected timeframe and displays the results in both a graph and organized table. Default timeframes are:
- 5-minute
- 15-minute
- 1-hour
- 4-hour (optional - hidden by default)
- Daily (optional - hidden by default)
Visual Display:
- Graph shows all RSI lines in subtle, transparent colors
- Lines don't overpower your price chart
- Dashboard table shows exact values and status
Color Coding:
- GREEN = RSI below 32 (traditionally considered oversold)
- YELLOW = RSI between 32-64 (neutral zone)
- RED = RSI above 64 (traditionally considered overbought)
All timeframes and thresholds are fully adjustable in the indicator settings.
═══════════════════════════════════════
SIGNAL LOGIC
BUY Signal:
- Triggers when ALL 3 primary timeframes drop below the buy level (default: 32)
- Arrow appears near the RSI lines for easy identification
- 120-minute cooldown prevents signal spam
SELL Signal:
- Triggers when ALL 3 primary timeframes rise above the sell level (default: 64)
- Arrow appears near the RSI lines for easy identification
- 120-minute cooldown prevents signal spam
The cooldown system ensures you only see HIGH-CONVICTION signals, not every minor fluctuation.
═══════════════════════════════════════
SCREENSHOT FEATURES VISIBLE
- Multi-timeframe RSI lines (5min, 15min, 1H) in subtle colors
- Smart BUY/SELL signals with cooldown system
- Real-time dashboard showing current RSI values
- Clean, professional design that doesn't clutter your chart
═══════════════════════════════════════
DEFAULT SETTINGS
- Buy Signal Level: 32 (all 3 timeframes must cross below)
- Sell Signal Level: 64 (all 3 timeframes must cross above)
- Signal Cooldown: 24 bars (120 minutes on 5-min chart)
- Active Timeframes: 5min, 15min, 1H (4H and Daily can be enabled)
- RSI Length: 14 periods (standard)
═══════════════════════════════════════
CUSTOMIZABLE SETTINGS
- RSI Length (default: 14)
- Oversold Level (default: 32)
- Overbought Level (default: 64)
- Buy Signal Level (default: 32)
- Sell Signal Level (default: 64)
- Signal Cooldown in bars (default: 24)
- Five timeframe selections (fully customizable)
- Toggle visibility for each timeframe
- Toggle dashboard table on/off
- Toggle arrows on/off
═══════════════════════════════════════
HOW TO USE
1. Add the indicator to your chart
2. Customize timeframes in settings (optional)
3. Adjust RSI length and threshold levels (optional)
4. Monitor the dashboard for multi-timeframe alignment
INTERPRETATION:
When multiple timeframes show the same condition (all oversold or all overbought), it can indicate stronger momentum in that direction. For example:
- Multiple timeframes showing oversold may suggest a potential bounce
- Multiple timeframes showing overbought may suggest potential weakness
However, RSI alone should not be used as a standalone signal. Always combine with:
- Price action analysis
- Support/resistance levels
- Trend analysis
- Volume confirmation
- Other technical indicators
═══════════════════════════════════════
EDUCATIONAL BACKGROUND
RSI (Relative Strength Index) was developed by J. Welles Wilder Jr. and introduced in his 1978 book "New Concepts in Technical Trading Systems." It measures the magnitude of recent price changes to evaluate overbought or oversold conditions.
The RSI oscillates between 0 and 100, with readings:
- Below 30 traditionally considered oversold
- Above 70 traditionally considered overbought
- Around 50 indicating neutral momentum
Multi-timeframe analysis helps traders understand whether momentum conditions are aligned across different time horizons, potentially providing more robust signals than single-timeframe analysis alone.
═══════════════════════════════════════
NON-REPAINTING GUARANTEE
This indicator uses confirmed bar data to prevent repainting:
- All RSI values are calculated from previous bar's close
- Signals only fire when the bar closes (not mid-bar)
- What you see in backtest = what you get in live trading
- No signals will disappear after they appear
This is critical for reliable trading signals and accurate backtesting.
═══════════════════════════════════════
VISUAL DESIGN PHILOSOPHY
The indicator is designed with a "less is more" approach:
- Transparent RSI lines (60% opacity) keep price candles as the focal point
- Thin lines reduce visual clutter
- Arrows positioned near RSI levels (not floating randomly)
- Background flashes provide extra visual confirmation
- Dashboard table is compact and non-intrusive
The goal is to provide powerful multi-timeframe analysis without overwhelming your chart.
═══════════════════════════════════════
TECHNICAL NOTES
- Uses standard request.security() calls for multi-timeframe data
- Non-repainting implementation with proper lookahead handling
- Minimal performance impact
- Compatible with all instruments and timeframes
- Written in Pine Script v6
═══════════════════════════════════════
IMPORTANT DISCLAIMERS
- This is an educational tool for technical analysis
- Past RSI patterns do not guarantee future results
- No indicator is 100% accurate
- Always use proper risk management
- Consider multiple factors before making trading decisions
- This indicator does not provide buy/sell recommendations
- Consult with a qualified financial advisor before trading
═══════════════════════════════════════
LEARNING RESOURCES
For traders new to RSI, consider studying:
- J. Welles Wilder's original RSI methodology
- RSI divergence patterns
- RSI in trending vs ranging markets
- Multi-timeframe analysis techniques
═══════════════════════════════════════
Disclaimer
This tool was created using the CodaPro Pine Script architecture engine — designed to produce robust trading overlays, educational visuals, and automation-ready alerts. It is provided strictly for educational purposes and does not constitute financial advice. Always backtest and demo before applying to real capital.
[CodaPro] Multi-Timeframe RSI Dashboard
Multi-Timeframe RSI Dashboard
This indicator displays RSI (Relative Strength Index) values from five different timeframes simultaneously in a clean dashboard format, helping traders identify momentum alignment across multiple time periods.
═══════════════════════════════════════
FEATURES
✓ Displays RSI for 5 customizable timeframes
✓ Color-coded status indicators (Oversold/Neutral/Overbought)
✓ Clean table display positioned in chart corner
✓ Fully customizable RSI length and threshold levels
✓ Works on any instrument and timeframe
✓ Real-time updates as price moves
✓ Smart BUY/SELL signals with cooldown system
✓ Non-repainting - signals never disappear after appearing
═══════════════════════════════════════
HOW IT WORKS
The indicator calculates the standard RSI formula for each selected timeframe and displays the results in both a graph and organized table. Default timeframes are:
- 5-minute
- 15-minute
- 1-hour
- 4-hour (optional - hidden by default)
- Daily (optional - hidden by default)
Visual Display:
- Graph shows all RSI lines in subtle, transparent colors
- Lines don't overpower your price chart
- Dashboard table shows exact values and status
Color Coding:
- GREEN = RSI below 32 (traditionally considered oversold)
- YELLOW = RSI between 32-64 (neutral zone)
- RED = RSI above 64 (traditionally considered overbought)
All timeframes and thresholds are fully adjustable in the indicator settings.
═══════════════════════════════════════
SIGNAL LOGIC
BUY Signal:
- Triggers when ALL 3 primary timeframes drop below the buy level (default: 32)
- Arrow appears near the RSI lines for easy identification
- 120-minute cooldown prevents signal spam
SELL Signal:
- Triggers when ALL 3 primary timeframes rise above the sell level (default: 64)
- Arrow appears near the RSI lines for easy identification
- 120-minute cooldown prevents signal spam
The cooldown system ensures you only see HIGH-CONVICTION signals, not every minor fluctuation.
═══════════════════════════════════════
SCREENSHOT FEATURES VISIBLE
- Multi-timeframe RSI lines (5min, 15min, 1H) in subtle colors
- Smart BUY/SELL signals with cooldown system
- Real-time dashboard showing current RSI values
- Clean, professional design that doesn't clutter your chart
═══════════════════════════════════════
DEFAULT SETTINGS
- Buy Signal Level: 32 (all 3 timeframes must cross below)
- Sell Signal Level: 64 (all 3 timeframes must cross above)
- Signal Cooldown: 24 bars (120 minutes on 5-min chart)
- Active Timeframes: 5min, 15min, 1H (4H and Daily can be enabled)
- RSI Length: 14 periods (standard)
═══════════════════════════════════════
CUSTOMIZABLE SETTINGS
- RSI Length (default: 14)
- Oversold Level (default: 32)
- Overbought Level (default: 64)
- Buy Signal Level (default: 32)
- Sell Signal Level (default: 64)
- Signal Cooldown in bars (default: 24)
- Five timeframe selections (fully customizable)
- Toggle visibility for each timeframe
- Toggle dashboard table on/off
- Toggle arrows on/off
═══════════════════════════════════════
HOW TO USE
1. Add the indicator to your chart
2. Customize timeframes in settings (optional)
3. Adjust RSI length and threshold levels (optional)
4. Monitor the dashboard for multi-timeframe alignment
INTERPRETATION:
When multiple timeframes show the same condition (all oversold or all overbought), it can indicate stronger momentum in that direction. For example:
- Multiple timeframes showing oversold may suggest a potential bounce
- Multiple timeframes showing overbought may suggest potential weakness
However, RSI alone should not be used as a standalone signal. Always combine with:
- Price action analysis
- Support/resistance levels
- Trend analysis
- Volume confirmation
- Other technical indicators
═══════════════════════════════════════
EDUCATIONAL BACKGROUND
RSI (Relative Strength Index) was developed by J. Welles Wilder Jr. and introduced in his 1978 book "New Concepts in Technical Trading Systems." It measures the magnitude of recent price changes to evaluate overbought or oversold conditions.
The RSI oscillates between 0 and 100, with readings:
- Below 30 traditionally considered oversold
- Above 70 traditionally considered overbought
- Around 50 indicating neutral momentum
Multi-timeframe analysis helps traders understand whether momentum conditions are aligned across different time horizons, potentially providing more robust signals than single-timeframe analysis alone.
═══════════════════════════════════════
NON-REPAINTING GUARANTEE
This indicator uses confirmed bar data to prevent repainting:
- All RSI values are calculated from previous bar's close
- Signals only fire when the bar closes (not mid-bar)
- What you see in backtest = what you get in live trading
- No signals will disappear after they appear
This is critical for reliable trading signals and accurate backtesting.
═══════════════════════════════════════
VISUAL DESIGN PHILOSOPHY
The indicator is designed with a "less is more" approach:
- Transparent RSI lines (60% opacity) keep price candles as the focal point
- Thin lines reduce visual clutter
- Arrows positioned near RSI levels (not floating randomly)
- Background flashes provide extra visual confirmation
- Dashboard table is compact and non-intrusive
The goal is to provide powerful multi-timeframe analysis without overwhelming your chart.
═══════════════════════════════════════
TECHNICAL NOTES
- Uses standard request.security() calls for multi-timeframe data
- Non-repainting implementation with proper lookahead handling
- Minimal performance impact
- Compatible with all instruments and timeframes
- Written in Pine Script v6
═══════════════════════════════════════
IMPORTANT DISCLAIMERS
- This is an educational tool for technical analysis
- Past RSI patterns do not guarantee future results
- No indicator is 100% accurate
- Always use proper risk management
- Consider multiple factors before making trading decisions
- This indicator does not provide buy/sell recommendations
- Consult with a qualified financial advisor before trading
═══════════════════════════════════════
LEARNING RESOURCES
For traders new to RSI, consider studying:
- J. Welles Wilder's original RSI methodology
- RSI divergence patterns
- RSI in trending vs ranging markets
- Multi-timeframe analysis techniques
═══════════════════════════════════════
Questions or suggestions? Feel free to comment below.
Happy trading and proper risk management to all!
KPRSI - Hidden DivergenceThis indicator does the following steps.
1) Plots EMA(20) and checks its slope (trend)
2) Detects RSI divergence (with tolerance)
It checks divergence between the last two pivots:
3) Adds filters to create “DivBuy / DivSell” signals
A divergence alone isn’t enough. It also requires EMA alignment:
DivBuy
• Bullish divergence
• EMA slope up (emaUp)
• Price above EMA (close > ema20)
DivSell
• Bearish divergence
• EMA slope down (emaDown)
• Price below EMA (close < ema20)
Smart Money Swing Strategy [All-in-One]# Pro Swing Trader 📈
A comprehensive swing trading indicator for TradingView that combines multiple confluence factors to identify high-probability trade setups with built-in risk management.
## 🎯 Overview
This indicator is designed for swing traders who want to catch momentum pullbacks with precision entries. It filters trades using multiple timeframe analysis, RSI zones, volume confirmation, and EMA trends to deliver only the highest-confidence setups.
### Key Features
✅ **Multi-Timeframe Confluence** - Confirms trades with higher timeframe analysis (Daily, 4H, etc.)
✅ **Smart Entry Signals** - Detects pullback-to-EMA reclaim patterns
✅ **Automatic Risk Management** - Calculates stops, targets, and R-multiples
✅ **Dynamic Stop Loss** - ATR trailing stop + break-even automation
✅ **Real-Time HUD Dashboard** - Live confluence scoring and trade metrics
✅ **Comprehensive Alerts** - Entry, TP1, TP2, and stop-loss notifications
✅ **Visual Trade Levels** - Clear on-chart stop-loss and take-profit lines
---
## 📊 How It Works
### Signal Logic
The indicator identifies two types of signals:
**Base Signals** (Small triangles):
- Price pulls back between Fast EMA and Slow EMA
- RSI is in the swing zone (40-60 by default)
- Price reclaims the Fast EMA with momentum
- Optional: Volume spike confirmation
**High-Confidence Signals** (Large triangles):
- All base signal criteria met
- Higher timeframe confirms the trend direction
- HTF RSI and slope alignment
- These are your primary trade signals
### Entry Conditions
#### Long Entry (🟢 HC L)
1. Fast EMA > Slow EMA (uptrend)
2. Previous candle closed between the EMAs (pullback)
3. Current candle crosses above and closes above Fast EMA (reclaim)
4. RSI between 40-60 (swing zone)
5. **HTF Confirmation**: Daily/4H price above EMA50, RSI > 50, positive slope
6. Optional: Volume > 1.5x 20-bar average
#### Short Entry (🔻 HC S)
1. Fast EMA < Slow EMA (downtrend)
2. Previous candle closed between the EMAs (pullback)
3. Current candle crosses below and closes below Fast EMA (reclaim)
4. RSI between 40-60 (swing zone)
5. **HTF Confirmation**: Daily/4H price below EMA50, RSI < 50, negative slope
6. Optional: Volume > 1.5x 20-bar average
---
## 🎛️ Settings & Parameters
### Trend Parameters
- **Fast EMA**: Default 20 - Quick trend detection
- **Slow EMA**: Default 50 - Major trend filter
- **Swing Lookback**: Default 10 - Bars to find swing high/low for stops
### RSI Settings
- **RSI Length**: Default 14
- **RSI Min**: Default 40 - Lower bound of swing zone
- **RSI Max**: Default 60 - Upper bound of swing zone
### Risk Management
- **Final TP Risk-Reward (R)**: Default 2.0 - Main profit target multiplier
- **TP1 R Multiple**: Default 1.0 - Partial profit target
- **Use Break-even Stop**: Move stop to entry after 1R profit
- **ATR Trailing Stop**: Dynamic stop based on ATR(14) x 2.0
### Filters
- **Require Volume Spike**: Optional volume confirmation filter
- **Use Higher TF Confirmation**: Enable multi-timeframe analysis
- **Higher TF**: Default "D" (Daily) - Can use 240 (4H), W (Weekly), etc.
---
## 📈 Dashboard (HUD)
The top-center dashboard shows real-time confluence status:
| Column | Meaning |
|--------|---------|
| **Trend** | Current trend direction (UP/DOWN/Flat) |
| **HTF** | Higher timeframe alignment (Bull/Bear/Flat) |
| **RSI Zone** | Is RSI in swing zone? (YES/NO) |
| **Volume** | Volume spike detected? (YES/NO) |
| **Signal** | Active signal type (HC LONG/HC SHORT/None) |
| **R Risk** | Current profit in R-multiples |
| **Stop** | Current stop-loss level |
| **TP1** | Partial take-profit status |
| **TP2** | Final take-profit status |
| **Conf %** | Overall confluence score (0-100%) |
### Confidence Score Breakdown
- **20%** - Trend present (up or down)
- **30%** - HTF confirmation aligned (or 15% if HTF off)
- **20%** - RSI in swing zone
- **10%** - Volume spike
- **20%** - High-confidence signal triggered
**Scoring**:
- 🟢 70%+ = High probability setup
- 🟡 40-69% = Moderate setup
- 🔴 <40% = Low probability
---
## 🔔 Alert Setup
The indicator includes 8 alert conditions:
### Entry Alerts
- **HC LONG ENTRY** - High-confidence long signal triggered
- **HC SHORT ENTRY** - High-confidence short signal triggered
### Profit Target Alerts
- **LONG TP1 Reached** - Hit partial profit (1R by default)
- **LONG Final TP Reached** - Hit final target (2R by default)
- **SHORT TP1 Reached** - Hit partial profit
- **SHORT Final TP Reached** - Hit final target
### Stop Loss Alerts
- **LONG Stop/BE/Trail Level Hit** - Long position stopped out
- **SHORT Stop/BE/Trail Level Hit** - Short position stopped out
### How to Set Up Alerts
1. Click "Add Alert" on TradingView
2. Choose this indicator from the dropdown
3. Select desired alert condition
4. Set alert to trigger "Once Per Bar Close"
5. Customize notification method (popup/email/webhook)
---
## 📋 Trading Workflow
### 1. Wait for High-Confidence Signal
Look for the large **HC L** or **HC S** triangle on chart close.
### 2. Verify Confluence
Check the HUD dashboard:
- Confidence score should be 70%+
- HTF status should show alignment
- RSI Zone should be "YES"
### 3. Entry
Enter the trade at market or on next candle open.
### 4. Set Stop Loss
Use the **initial stop** shown in the HUD (red line on chart):
- **Longs**: Below the swing low (10-bar lookback)
- **Shorts**: Above the swing high (10-bar lookback)
### 5. Set Take Profits
- **TP1**: 1R (50% position close) - Yellow line
- **TP2**: 2R (remaining 50% close) - Green line
### 6. Manage the Trade
- Monitor the **R Risk** column to track profit
- Stop moves to break-even automatically after 1R (if enabled)
- ATR trailing stop engages dynamically (red line adjusts)
- Exit if price hits dynamic stop level
---
## 🎨 Visual Guide
### On-Chart Elements
**Triangles**:
- Small lime/red triangles = Base signals (lower confidence)
- Large lime/red triangles = High-confidence signals (trade these!)
**Lines**:
- 🟢 Green line = Fast EMA (20)
- 🟠 Orange line = Slow EMA (50)
- 🔴 Red line = Dynamic stop-loss level
- 🟡 Yellow line = TP1 level
- 🟢 Green line = TP2 (final target)
**HUD Colors**:
- 🟢 Green = Bullish/Active/Good
- 🔴 Red = Bearish/Inactive/Warning
- 🟡 Yellow = Neutral/Caution
- 🔵 Blue = Informational
- ⚫ Gray = Disabled/Off
---
## 💡 Strategy Tips
### Best Practices
1. **Only trade High-Confidence signals** - Ignore base signals unless very experienced
2. **Respect the HTF** - Don't fight the higher timeframe trend
3. **Use proper position sizing** - Risk 1-2% of account per trade
4. **Partial profits work** - Take 50% off at TP1, let rest run to TP2
5. **Let winners run** - Trailing stop helps capture extended moves
6. **Be patient** - Quality over quantity; wait for 70%+ confluence
### Optimal Timeframes
- **Primary Chart**: 1H, 4H, Daily (swing trading)
- **HTF Setting**: One level higher than your chart
- If trading 1H → Set HTF to 4H or D
- If trading 4H → Set HTF to D or W
- If trading Daily → Set HTF to W
### Market Conditions
**Best Performance**:
- Trending markets with healthy pullbacks
- Clear support/resistance zones
- Moderate volatility
**Avoid Trading**:
- Extremely choppy/sideways markets
- Major news events (unless experienced)
- Low confidence scores (<40%)
---
## ⚙️ Advanced Customization
### Aggressive Setup (More Signals)
```
Fast EMA: 12
Slow EMA: 26
RSI Min: 35
RSI Max: 65
Use HTF Confirmation: OFF
Require Volume Spike: OFF
```
### Conservative Setup (Fewer, Higher Quality)
```
Fast EMA: 20
Slow EMA: 50
RSI Min: 45
RSI Max: 55
Use HTF Confirmation: ON
Require Volume Spike: ON
Final TP R: 3.0
```
### Scalping Adaptation (Not Recommended)
```
Fast EMA: 9
Slow EMA: 21
Swing Lookback: 5
TP1 R: 0.5
Final TP R: 1.0
```
---
## ⚠️ Risk Disclaimer
**IMPORTANT**: This indicator is for educational and informational purposes only.
- Past performance does not guarantee future results
- No indicator is 100% accurate
- Always use proper risk management
- Never risk more than you can afford to lose
- Consider using a demo account first
- Seek professional financial advice if needed
Trading involves substantial risk of loss and is not suitable for all investors.
---
## 🔧 Troubleshooting
### "No signals appearing"
- Check if HTF confirmation is enabled but market isn't aligned
- Verify RSI zone isn't too restrictive
- Ensure volume spike isn't filtering out all setups
- Try adjusting EMA lengths for your asset
### "Too many false signals"
- Enable HTF confirmation
- Tighten RSI zone (e.g., 45-55)
- Enable volume spike requirement
- Only trade 70%+ confidence setups
### "Stops too tight/wide"
- Adjust Swing Lookback length
- Modify ATR multiplier for trailing stop
- Consider the asset's volatility
### "Alerts not working"
- Ensure alert is set to "Once Per Bar Close"
- Check indicator is added to the chart
- Verify TradingView notification settings
---
## 📚 Version History
**v1.0 (Current)**
- Initial release
- Multi-timeframe confluence system
- Dynamic risk management
- Real-time HUD dashboard
- Comprehensive alert system
- ATR trailing stops
- Break-even automation
---
## 🤝 Support & Feedback
If you find this indicator helpful:
- ⭐ Star the script on TradingView
- 💬 Share your results and feedback
- 🐛 Report bugs or suggest improvements
- 📖 Share with other traders
---
## 📖 Additional Resources
### Recommended Reading
- "The New Trading for a Living" by Dr. Alexander Elder
- "Swing Trading Using Multiple Timeframes" - Educational articles
- Risk management and position sizing guides
### Learn More About
- Multiple timeframe analysis
- EMA crossover strategies
- RSI divergence and zones
- ATR-based stops
- R-multiple profit management
---
## 📝 License
This indicator is provided as-is for personal trading use.
**Usage Rights**:
- ✅ Use for personal trading
- ✅ Modify for personal use
- ❌ Resell or redistribute
- ❌ Claim as original work
---
## 🎓 Quick Start Checklist
- Add indicator to TradingView chart
- Set your preferred timeframe (1H/4H/Daily)
- Configure HTF setting (one level higher)
- Review default parameters
- Set up entry alerts (HC LONG/SHORT)
- Set up TP and SL alerts
- Test on historical data
- Paper trade first
- Start with small position sizes
- Track your results
---
**Happy Trading! 📊💰**
*Remember: Discipline, patience, and risk management are the keys to long-term success.*
WSMR v3.9 — WhaleSplash → Mean Reversal
# WSMR v3.9 — WhaleSplash → Mean Reversal
*A Non-Repainting Impulse‑Reversal Engine for Systematic Futures Trading*
## Overview
WSMR v3.9 is a complete impulse → exhaustion → mean‑reversion framework designed for systematic intraday trading. It identifies high‑energy displacement events (“WhaleSplashes”), measures volatility structure, tracks VWAP deviation, and confirms reversals using RSI divergence, Z‑Score resets, SMA20 reclaim, and pivot-based structure.
All signals are non‑repainting and alerts fire on bar close.
---
## Core Components
### 1. WhaleSplash (Short Impulse Event)
Triggered when a candle meets displacement conditions:
- Large bar range vs ATR
- Minimum % move
- Volume expansion
- VWAP deviation (tick-based)
- Z‑Score oversold / RSI exhaustion
- Volatility-gated
### 2. Mean Reversal Long (MR)
Requires:
- RSI bullish divergence
- Z‑Score reset
- SMA20 reclaim
- Higher-low confirmation
### 3. First-Candle Confirmation (Optional)
- MR Confirm → first green after MR
- WS Confirm → first red after WS
- TTL window configurable
### 4. Asia Session Filter
Optional restriction to:
**23:00 → 09:00 UTC**
### 5. Volatility Monitor
Detects:
- Normal
- Wicky
- Spiky
- Extreme
### 6. WS Frequency Analytics
Rolling frequency calculation across:
- Bars / Days / Weeks / Months
---
## Status Panel (Top-Right)
Shows:
- Mode (Global / Asia-only)
- Timeframe + TTL
- WS frequency
- Volatility state
---
## Alerts
- WhaleSplash SHORT
- WhaleSplash LONG (MR)
- MR Confirm LONG
- WS Confirm SHORT
- Volatility Warning
---
## Notes
- Fully non‑repainting
- Stable bar-close logic
- Optimised for 1m–5m
- Works on futures, indices, metals, FX
Fib OscillatorWhat is Fib Oscillator and How to Use it?
🔶 1. Conceptual Overview
The Fib Oscillator is a Fibonacci-based relative position oscillator.
Instead of measuring momentum (like RSI or MACD), it measures where price currently sits between the recent swing high and swing low, expressed as a percentage within the Fibonacci range.
In other words:
It answers: “Where is price right now within its most recent dynamic range?”
It visualizes retracement and extension zones numerically, providing continuous feedback between 0% and 100% (and beyond if extended).
🔶 2. What the Script Does
The indicator:
Automatically detects recent high and low levels using an adaptive lookback window, which depends on ATR volatility.
Calculates the current price’s position between those levels as a percentage (0–100).
Plots that percentage as an oscillator — showing visually whether price is near the top, middle, or bottom of its recent range.
Overlays Fibonacci retracement levels (23.6%, 38.2%, 50%, 61.8%, 78.6%) as reference zones.
Generates alerts when the oscillator crosses key Fib thresholds — which can signal retracement completion, breakout potential, or pullback exhaustion.
🔶 3. Technical Flow Breakdown
(a) Inputs
Input Description Default Notes
atrLength ATR period used for volatility estimation 14 Used to dynamically tune lookback sensitivity
minLookback Minimum lookback window (candles) 20 Ensures stability even in low volatility
maxLookback Maximum lookback window 100 Limits over-expansion during high volatility
isInverse Inverts chart orientation false Useful for inverse markets (e.g. shorts or inverse BTC view)
(b) Volatility-Adaptive Lookback
Instead of using a fixed lookback, it calculates:
lookback
=
SMA(ATR,10)
/
SMA(Close,10)
×
500
lookback=SMA(ATR,10)/SMA(Close,10)×500
Then it clamps this between minLookback and maxLookback.
This makes the oscillator:
More reactive during high volatility (shorter lookback)
More stable during calm markets (longer lookback)
Essentially, it self-adjusts to market rhythm — you don’t have to constantly tweak lookback manually.
(c) High-Low Reference Points
It takes the highest and lowest points within the dynamic lookback window.
If isInverse = true, it flips the candle logic (useful if viewing inverse instruments like stablecoin pairs or when analyzing bearish setups invertedly).
(d) Oscillator Core
The main oscillator line:
osc
=
(
close
−
low
)
(
high
−
low
)
×
100
osc=
(high−low)
(close−low)
×100
0% = Price is at the lookback low.
100% = Price is at the lookback high.
50% = Midpoint (balanced).
Between Fibonacci percentages (23.6%, 38.2%, 61.8%, etc.), the oscillator indicates retracement stages.
(e) Fibonacci Levels as Reference
It overlays horizontal reference lines at:
0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%
These act as support/resistance bands in oscillator space.
You can read it similar to how traders use Fibonacci retracements on charts, but compressed into a single line oscillator.
(f) Alerts
The script includes built-in alert conditions for crossovers at each major Fibonacci level.
You can set TradingView alerts such as:
“Oscillator crossed above 61.8%” → possible bullish continuation or breakout.
“Oscillator crossed below 38.2%” → possible pullback or correction starting.
This allows automated monitoring of fib retracement completions without manually drawing fib levels.
🔶 4. How to Use It
🔸 Visual Interpretation
Oscillator Value Zone Market Context
0–23.6% Deep Retracement Potential exhaustion of a down-move / early reversal
23.6–38.2% Shallow retracement zone Possible continuation phase
38.2–50% Mid retracement Neutral or indecisive structure
50–61.8% Key pivot region Common trend resumption zone
61.8–78.6% Late retracement Often “last pullback” area
78.6–100% Near high range Possible overextension / profit-taking
>100% Range breakout New leg formation / expansion
🔸 Practical Application Steps
Load the indicator on your chart (set overlay = false, so it’s below the main price chart).
Observe oscillator position relative to fib bands:
Use it to determine retracement depth.
Combine with structure tools:
Trend lines, swing points, or HTF market structure.
Use crossovers for timing:
Crossing above 61.8% in an uptrend often confirms breakout continuation.
Crossing below 38.2% in a downtrend signals renewed downside momentum.
For range markets, oscillator swings between 23.6% and 78.6% can define accumulation/distribution boundaries.
🔶 5. When to Use It
During Retracements: To gauge how deep the pullback has gone.
During Range Markets: To identify relative overbought/oversold positions.
Before Breakouts: Crossovers of 61.8% or 78.6% often precede impulsive moves.
In Multi-Timeframe Contexts:
LTF (15M–1H): Detect intraday retracement exhaustion.
HTF (4H–1D): Confirm major range expansions or key reversal zones.
🔶 6. Ideal Companion Indicators
The Fib Oscillator works best when contextualized with structure, volatility, and trend bias indicators.
Below are optimal pairings:
Companion Indicator Purpose Integration Insight
Market Structure MTF Tool Identify active trend direction Use Fib Oscillator only in trend direction for cleaner signals
EMA Ribbon / Supertrend Trend confirmation Align oscillator crossovers with EMA bias
ATR Bands / Volatility Envelope Validate breakout strength If oscillator >78.6% & ATR rising → valid breakout
Volume Oscillator Confirm retracement strength Volume contraction + oscillator under 38.2% → potential reversal
HTF Fib Retracement Tool Combine LTF oscillator with HTF fib confluence Powerful multi-timeframe setups
RSI or Stochastic Measure momentum relative to position RSI divergence while oscillator near 78.6% → exhaustion clue
🔶 7. Understanding the Settings
Setting Function Practical Impact
ATR Period (14) Controls volatility sampling Higher = smoother lookback adaptation
Min Lookback (20) Smallest window allowed Lower = more reactive but noisier
Max Lookback (100) Largest window allowed Higher = smoother but slower to react
Inverse Candle Chart Flips oscillator vertically Useful when analyzing bearish or inverse scenarios (e.g. short-side fib mapping)
Recommended Configs:
For scalping/intraday: ATR 10–14, lookback 20–50
For swing/position trading: ATR 14–21, lookback 50–100
🔶 8. Example Trade Logic (Practical Use)
Scenario: Uptrend on 4H chart
Oscillator drops to below 38.2% → retracement zone
Price consolidates → oscillator stabilizes
Oscillator crosses above 50% → pullback ending
Entry: Long when oscillator crosses above 61.8%
Exit: Near 78.6–100% zone or upon divergence with RSI
For Short Bias (Inverse Setup):
Enable isInverse = true to visually flip the oscillator (so lows become highs).
Use the same thresholds inversely.
🔶 9. Strengths & Limitations
✅ Strengths
Dynamic, self-adapting to volatility
Quantifies Fib retracement as a continuous function
Compact oscillator view (no clutter on chart)
Works well across all timeframes
Compatible with both trending and ranging markets
⚠️ Limitations
Doesn’t define trend direction — must be used with structure filters
Can whipsaw during choppy consolidations
The “lookback auto-adjust” may lag in sudden volatility shifts
Shouldn’t be used standalone for entries without structural confluence
🔶 10. Summary
The “Fib Oscillator” is a dynamic Fibonacci-relative positioning tool that merges retracement theory with adaptive volatility logic.
It gives traders an intuitive, quantified view of where price sits within its recent fib range, allowing anticipation of pullbacks, reversals, or breakout momentum.
Think of it as a "Fibonacci RSI", but instead of momentum strength, it shows positional depth — the vibrational location of price within its natural swing cycle.
