Jitendra MTF RSI with Divergence

3 天前

Jitendra MTF RSI ADX with Divergence – Powerful Multi-Timeframe Trend & Momentum Dashboard

How This Script works

Image for Setting option with details
https://drive.google.com/file/d/1pTMspOyotau0iCcxw2KMPEtPnWKn698p/view?usp=drive_link

This indicator provides a comprehensive and compact multi-timeframe view of key momentum and trend indicators — RSI, ADX, DI+, DI-, and RSI Divergence (Regular & Hidden) — all in one interactive table, customizable and easy to interpret.

https://drive.google.com/file/d/1xQAludgBGRwt-MerRO7PqRg2K8j_EqTR/view?usp=drive_link

Settings Details for Customization


Key Features:
✅ Multi-Timeframe Support
Track up to 6 timeframes simultaneously: Current TF, plus 5 additional user-defined TFs (e.g., 15m, 1H, 1D, 1W, 1M).

✅ Custom Show/Hide Toggles
Toggle each component (RSI, RSI Arrow, ADX, +DI, -DI, Divergence) individually to tailor the view to your needs.

✅ RSI with Arrow Direction

RSI column shows current RSI value.

▲▼ column visually indicates RSI momentum direction (up/down/flat).

✅ ADX - Trend Strength

ADX column displays trend strength.

Colored for easy interpretation:

Aqua (strong), Green (moderate), Red (weak).

✅ DI+ and DI- (Directional Indicators)

DI+ & DI- show trend bias.

Green or aqua indicates strength; red indicates weakness.

✅ RSI Divergence Detection

Div column detects both regular and hidden divergences:

✔ Bullish (Green)

✔ Bearish (Red)

✔ Hidden Bullish (Green)

✔ Hidden Bearish (Red)

- if no signal

✅ Dynamic Color Coding for RSI
All columns are color-coded for instant visual cues:

RSI above 60 → Aqua (strong)

RSI 40–60 → Green (neutral)

RSI below 40 → Red (weak)

✅ Adjustable Layout

Table can be placed in multiple chart corners (top-right, bottom-left, etc.)

Text size customizable (tiny → huge)

📌 Use Cases:
Quickly scan for strength or weakness across multiple timeframes

Spot hidden divergence before others do

Confirm entries/exits using a blend of momentum + trend tools

🛠 Developed by: jitendra

3 天前

發行說明

Jitendra MTF RSI ADX with Divergence – Powerful Multi-Timeframe Trend & Momentum Dashboard

How This Script works

Image for Setting option with details
drive.google.com/file/d/1pTMspOyotau0iCcxw2KMPEtPnWKn698p/view?usp=drive_link

This indicator provides a comprehensive and compact multi-timeframe view of key momentum and trend indicators — RSI, ADX, DI+, DI-, and RSI Divergence (Regular & Hidden) — all in one interactive table, customizable and easy to interpret.

drive.google.com/file/d/1xQAludgBGRwt-MerRO7PqRg2K8j_EqTR/view?usp=drive_link

Settings Details for Customization



🧮 How It Works (Calculation Method)
This script calculates and displays key technical indicators across multiple timeframes in a simple table format. Here's how each component works:


📌 1. RSI (Relative Strength Index)
What it measures: Momentum — whether price is overbought or oversold.

How it's calculated:
RSI = 100 - (100 / (1 + RS))
where RS = Average Gain / Average Loss over a period
(default period: 14 bars)

Usage in script:
Calculated for each selected timeframe.
Color-coded:
🔴 < 40 = Weak, 🟢 40–60 = Neutral, 🔵 > 60 = Strong

A direction arrow (▲/▼) shows if RSI is rising or falling.

📌 2. ADX (Average Directional Index)
What it measures: Trend strength (but not direction).

How it's calculated:
Based on the smoothed differences between +DI and -DI over a period (default: 14).
Higher ADX = Stronger trend
Color-coded:
🔴 < 18 = Weak trend 🟢 18–25 = Moderate 🔵 > 25 = Strong

📌 3. DI+ and DI- (Directional Indicators)
What they measure:

DI+ shows bullish strength

DI- shows bearish strength

How they’re calculated:

Based on the highs and lows over a period, showing upward/downward movement separately

Color-coded similarly to ADX based on strength.

📌 4. RSI Divergence Detection
What it finds: Reversal signals using price vs RSI mismatch.

Two types:

✅ Regular Divergence

Bullish: Price makes lower low, RSI makes higher low

Bearish: Price makes higher high, RSI makes lower high

✅ Hidden Divergence

Hidden Bullish: Price makes higher low, RSI makes lower low

Hidden Bearish: Price makes lower high, RSI makes higher high

Method:

Uses ta.pivotlow() and ta.pivothigh() functions to find swing points on RSI

Compares them with price movement to determine divergence

Output:
Shows ✔ Bullish, ✔ Bearish, ✔ Hidden Bullish, or ✔ Hidden Bearish in the table.

📌 5. Multi-Timeframe Request
Uses request.security() to fetch RSI, ADX, DI+, DI-, and divergence signals for each selected timeframe.

This allows traders to see how signals align across short, medium, and long-term charts.



Key Features:
✅ Multi-Timeframe Support
Track up to 6 timeframes simultaneously: Current TF, plus 5 additional user-defined TFs (e.g., 15m, 1H, 1D, 1W, 1M).

✅ Custom Show/Hide Toggles
Toggle each component (RSI, RSI Arrow, ADX, +DI, -DI, Divergence) individually to tailor the view to your needs.

✅ RSI with Arrow Direction

RSI column shows current RSI value.

▲▼ column visually indicates RSI momentum direction (up/down/flat).

✅ ADX - Trend Strength

ADX column displays trend strength.

Colored for easy interpretation:

Aqua (strong), Green (moderate), Red (weak).

✅ DI+ and DI- (Directional Indicators)

DI+ & DI- show trend bias.

Green or aqua indicates strength; red indicates weakness.

✅ RSI Divergence Detection

Div column detects both regular and hidden divergences:

✔ Bullish (Green)

✔ Bearish (Red)

✔ Hidden Bullish (Green)

✔ Hidden Bearish (Red)

- if no signal

✅ Dynamic Color Coding for RSI
All columns are color-coded for instant visual cues:

RSI above 60 → Aqua (strong)

RSI 40–60 → Green (neutral)

RSI below 40 → Red (weak)

✅ Adjustable Layout

Table can be placed in multiple chart corners (top-right, bottom-left, etc.)

Text size customizable (tiny → huge)

📌 Use Cases:
Quickly scan for strength or weakness across multiple timeframes

Spot hidden divergence before others do

Confirm entries/exits using a blend of momentum + trend tools

🛠 Developed by: jitendra

前天

發行說明

Replaced :- Above or Below Comment With Data/ Value
Added: 5. 21, 50 EMA Value
Added: EMA Toggle in setting to Enable & Disable

Setting Details
https://drive.google.com/file/d/1N8hUACP1gqI7FQkfDRpAHmrkI-KmiRkp/view?usp=drive_link