OPEN-SOURCE SCRIPT

Kinetic RSI [Vel + Accel] + Alerts

86
The Problem with Standard RSI

Most traders use the Relative Strength Index (RSI) to see if a market is "Overbought" (above 70) or "Oversold" (below 30). The problem? A strong trend can stay overbought for days, burning short sellers, or an asset can stay oversold while price continues to crash. Standard RSI tells you where the price is, but it doesn't tell you how hard it is moving.

​The Solution: Kinetic RSI
This script reimagines RSI by applying basic physics concepts: Velocity and Acceleration.
Instead of asking "Is RSI below 30?", this indicator asks: "Is RSI below 35 AND did it just make a violent, high-speed turn upwards?"
​It filters out lazy, drifting price action and only signals when momentum is accelerating in a new direction.

​How It Works (The Math)
​Velocity: We calculate the speed of the RSI change (Current RSI - Previous RSI).
​Acceleration: We calculate if that speed is increasing (Current Velocity - Previous Velocity).
​The Trigger: A signal is only generated if the RSI is in an extreme zone (<35 or >65) AND it has high Velocity AND positive Acceleration.

​How to Trade It
​1. The "Kick" Signals (Background Highlights)
​🟢 Green Background (Bullish Kick): The RSI was low, but buyers stepped in aggressively. The momentum is not just positive; it is accelerating upward. This is often a "V-Bottom" catch.
​🔴 Red Background (Bearish Kick): The RSI was high, but sellers slammed the price down. Momentum is accelerating downward.
​2. The Line Color
​Lime Line: Velocity is positive (Momentum is rising).
​Fuchsia Line: Velocity is negative (Momentum is falling).
​Usage: If the background flashes Green (Buy Signal), but the line turns back to Fuchsia (Red) a few bars later, the move has failed—exit the trade.

​Settings & Alerts
​RSI Length: Standard 14 (Adjustable).
​Velocity Threshold: Controls sensitivity.
​Lower (e.g., 2-3): More signals, catches smaller reversals.
​Higher (e.g., 5+): Fewer signals, catches only massive "shocks" to the price.
​Alerts Included: You can set alerts for "Bullish Kick," "Bearish Kick," or "Any Kick" to get notified of volatility spikes.

​Best Practices
​Wait for the Close: This indicator measures the closing velocity. Always wait for the bar to close to confirm the background color signal.

​Trend Filtering: This works best as a "Reversal" indicator. If the market is in a super-strong uptrend, ignore the Bearish (Red) signals and only take the Bullish (Green) dips.

免責聲明

這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。