Divergence – RSI & Volume with optional OBV/OI confirm (v6)Display bullish and bearish divergence on chart.
Price action against RSI 7 , with an option to choose RSI 14.
Additional confirmation filters can be used
- On balance volume
- Volume
- Open interest (for futures charts only)
相對強弱指標(RSI)
Hybrid Trend + Momentum 🚀 Hybrid Trend + Momentum
All-in-one trading tool that blends trend detection with momentum confirmation.
On-chart: EMAs, SuperTrend, Buy/Sell signals.
Oscillator pane: RSI + MACD histogram for momentum strength.
Alerts: Automatic Buy & Sell notifications.
Fully customizable lengths & settings.
👉 Designed to cut through noise and highlight high-probability trading setups.
RSI Overbought and oversoldStrategy Description:
The RSI Overbought and Oversold strategy is a powerful trading system designed to capture reversals at extreme RSI levels. This strategy enters trades when the RSI reaches overbought or oversold conditions and exits based on user-defined profit targets measured in RSI points.
How It Works:
Long Entries: When RSI crosses above 70 (overbought level)
Short Entries: When RSI crosses below 30 (oversold level)
Profit Targets: Exit when RSI moves a specified number of points from entry
Customizable: All levels and targets are fully configurable
Key Features:
Flexible Exit Options: Choose your preferred profit target in RSI points (0-30 points)
Advanced Filtering: Built-in ATR volatility filter and volume confirmation
Visual Information Panel: Real-time data display with configurable positioning
Alert System: Get notified for entries and exits
Universal Compatibility: Works across all markets and timeframes
User Configuration Options:
RSI Length (default: 14)
Entry Levels (Long: 70, Short: 30)
Profit Targets in RSI points (default: 7 points)
ATR Volatility Filter (on/off)
Volume Confirmation Filter (on/off)
Panel Position (8 available locations)
For Beginners:
This strategy is perfect for both new and experienced traders. You don't need to understand programming - simply adjust the settings to match your trading style. The visual signals and information panel make it easy to follow trades.
Performance:
The strategy has shown consistent performance across various assets including stocks, forex, and cryptocurrencies. The risk-managed approach with customizable targets helps maintain favorable risk-reward ratios.
Additional Tools:
You can enhance this strategy by adding any RSI indicator from TradingView's extensive library to monitor the RSI values more closely.
Risk Management:
Always test any strategy with historical data and use proper risk management. The strategy includes volatility filters to avoid trading during uncertain market conditions.
Swing or Investment TheorySwing or Investment Theory for generating Buy & Sell signals at strong levels
📖 EMA Retracement Theory
The 200 EMA (on multiple timeframes – 4H, Daily, Weekly) is treated as a backbone trend line.
When price pulls back (retraces) to the 200 EMA after a rally or fall, it often acts as a decision point:
Either support (in an uptrend) → bounce = Buy signal.
Or resistance (in a downtrend) → rejection = Sell signal.
✅ Buy Signal (Strong Level)
Market is in uptrend (price above 200 EMA).
Price retraces down to touch or slightly break below EMA 200. and RSI shows oversold zone.
A bullish candle pattern or reversal confirms.
👉 Enter Buy with stop loss just below EMA.
❌ Sell Signal (Strong Level)
Market is in downtrend (price below 200 EMA).
Price retraces up to touch or slightly break above EMA 200. and RSI shows overbought zone.
A bearish candle pattern or rejection confirms.
👉 Enter Sell with stop loss just above EMA.
DBG X WOLONG FUND Indicator DBG X WOLONG FUND SIGNAL – Grid Trading Strategy
Description
This Pine Script indicator provides a grid-based trading framework that combines technical filters with systematic order placement. It is designed for analyzing market structure and studying how grid systems react under different market conditions.
Key Features
Technical Filters
Bollinger Bands (35-period): Used to identify price extremes relative to volatility.
RSI Filter (20-period): Optional momentum filter for entry conditions.
ATR-based Grid Spacing: Dynamic adjustment of order intervals.
Breakout Detection: Identifies when price moves outside defined levels.
Grid Mechanics
Position Sizing Options: Includes multiplier-based sizing rules.
Maximum Grid Levels: Up to 9 layers can be configured.
Weighted Exit Calculation: Uses average position levels for take profit management.
Stop Loss Options: Can be set individually per order or on a portfolio basis.
Risk Parameters
Lot Calculation Methods: Fixed, dynamic, or equity-based percentage.
Drawdown Limit: Ability to stop new orders when a predefined loss threshold is reached.
Session Control: Trading activity can be filtered by time of day (GMT).
Direction Control: Long-only, short-only, or both directions.
Visual Components
Dashboard: Displays grid status, open exposure, and drawdown levels.
Labels & Lines: Entry points, position sizes, take profit, and stop levels.
Trade Log: Shows recent activity with timestamps.
How It Works
Entry signals may be triggered when price moves outside Bollinger Band ranges.
RSI filter can confirm or reject potential entries.
When price moves against the position, additional orders are placed at defined grid intervals.
Position sizing can be scaled based on multipliers.
Grid closes when the average take profit target is reached or stop criteria are met.
Default Settings
Grid spacing: ATR-based (approx. 35 pips)
Take profit: 10 pips on the first order
Max orders: 9 grid levels
Example risk allocation: 20% equity
Default trading hours: 24/7
Possible Applications
Studying price behavior in sideways markets.
Analyzing potential mean reversion setups.
Running multi-pair experiments for portfolio observation.
Exploring risk allocation models under grid conditions.
Alerts
New entry signals
Drawdown threshold reached
Grid maximum level triggered
Grid cycle completed
⚠️ Disclaimer:
This script is intended for educational and analytical purposes only. It does not guarantee profits and should not be considered financial advice. Test thoroughly on historical data before considering any live application.
RSI Plus – Divergence + EMA/WMARSI Plus – Divergence + EMA/WMA
This is an advanced RSI indicator designed for traders who want to maximize the power of RSI.
Beyond the standard RSI plot, this tool adds extra features to help analyze trends and identify better entry signals.
Key Features:
Standard RSI with highlighted zones (20–30, 30–40, 40–60, 60–70, 70–80)
Multiple smoothing options: SMA, EMA, SMMA, WMA, VWMA
Bullish/Bearish divergence detection with labels and alerts
WMA(45) on RSI for mid-term trend confirmation
EMA vs WMA45 color-fill (green for bullish, red for bearish)
Multi-timeframe support (Daily, H4, H1)
How to use:
Spot potential reversals with RSI divergence
Confirm trend direction when RSI EMA > WMA45 (bullish) or EMA < WMA45 (bearish)
RSI Plus – Divergence + EMA/WMAThis is an advanced RSI indicator with multi-timeframe dashboard support.
Features:
Customizable Moving Averages (EMA, WMA, SMA, VWMA, SMMA)
Divergence detection
RSI zones with background highlights
Clear buy/sell signals with visual alerts
Perfect for traders who want both classic RSI analysis and cross-timeframe confirmation in one tool.
ZTCRYPTOLAB - Oscillator MatrixZTCRYPTOLAB – Oscillator Matrix is a momentum and market-strength oscillator designed to help traders identify overbought/oversold conditions, divergences, and potential reversal points with enhanced visual clarity.
🔹 Core Logic
This oscillator blends multiple momentum measures into a single framework:
RSI (Relative Strength Index) for directional momentum.
MFI (Money Flow Index) with dual fast/slow lengths for flow balance.
Stochastic smoothing for short-term acceleration.
These are normalized, transformed, and combined into two smoothed signal lines (fast vs. slow average) that form the backbone of the oscillator.
🔹 Visual Components
Histogram (Money Flow Cloud): Displays directional flow. As price pushes further into overbought/oversold zones, the histogram cloud brightens in intensity, making strong conditions stand out.
Signal Lines: Two smoothed oscillator curves, with crossovers and relative position highlighting momentum shifts.
Reversal Dots: Circles appear when the oscillator detects exhaustion in OB/OS territory, giving early reversal signals.
Status Line Bands: A confluence score (0–3) plots colored bands at the top/bottom of the panel, showing the current strength of bullish or bearish conditions.
🔹 Divergence Engine
The script includes a custom divergence detector that compares oscillator pivots with price pivots:
Regular divergences highlight momentum weakening against price extremes.
Hidden divergences signal continuation potential when momentum recovers faster than price.
The engine applies strict pivot distance rules and checks for line-cross violations, which reduces noise and false signals.
🔹 Take-Profit Signals
TP markers appear when the oscillator forms exhaustion pivots beyond ±50 zones, helping traders spot where momentum may fade after a run.
🔹 Alerts & Automation
All major events can be linked to TradingView alerts, including:
Signal line crossovers
Reversal dots
Divergences (regular + hidden)
Take-profit signals
Confluence score changes
Additionally, a Custom Alert Builder lets traders define multi-step conditions (e.g., “Money Flow cross + Reversal Dot + Divergence”) and trigger alerts only when sequences are met.
🔹 How to Use
Trend Confirmation: Use the histogram and signal lines to confirm market bias.
Reversals: Watch for dots + divergences near extremes.
Exits / Scaling: TP markers and bright clouds highlight when momentum is stretched.
Alerts: Configure the builder to align with your trading plan (scalping, swing, trend-following).
Quantura – Quantitative AlgorithmIntroduction
“Quantura – Quantitative Algorithm” is an algorithmic trading strategy written in Pine Script that combines technical indicators with fundamental market assessments. It was primarily developed for volatile crypto markets but can also be applied to Forex, equities, or indices with proper adjustments. The strategy works across multiple timeframes and generates automated buy and sell signals based on a wide range of market and sentiment data. Its goal is to produce robust trading signals through confluence across several analytical layers, without making unrealistic profit promises.
Originality & Value
Quantura stands out due to its unique combination of features: In addition to classic indicators, it incorporates customizable fundamental analysis and sentiment inputs that allow flexible adaptation to current market conditions. Unlike simpler strategies, the user can manually set the fundamental bias (bullish/bearish/neutral) and market sentiment, making the strategy more cautious or aggressive as needed.
Furthermore, Quantura combines multiple timeframes : a higher timeframe (HTF, e.g., daily) and a lower timeframe (LTF, e.g., intraday). This approach allows long-term trends to be aligned with short-term entry signals.
Key components include:
Market Structure Analysis: Identifies higher highs and lower lows on the higher timeframe.
Order Block Filter: Detects significant price levels (order blocks) with strong volume to filter out weak entries.
Exponential Moving Averages (EMA): Adjustable HTF EMA filter for trend confirmation.
Adaptive Premium/Discount Zones: Defines overvaluation (premium) and undervaluation (discount) areas based on HTF highs and lows.
Candlestick Pattern Recognition: Optional detection of specific candle formations (Hammer, Shooting Star, Engulfing, Marubozu, etc.).
Correlation Filter (optional): Cross-checks correlations between the main asset and a reference asset (e.g., SPY).
Functionality & Indicators
The strategy uses an RSI-based entry trigger as its primary signal: When the RSI (default: 10 periods) exits overbought/oversold zones, a potential long or short signal is created. However, an entry is only executed if all selected confluence filters align .
Quantura also integrates fundamental bias : The user-defined inputs for “Market Sentiment” and “Fundamental Analysis” add a bullish, bearish, or neutral weighting to the decision logic. An optional correlation filter compares price changes of the target asset with a reference symbol, confirming or rejecting trades based on correlation strength.
When all conditions are met, Quantura opens a position. Pyramiding is disabled (only one active trade at a time). Exits are managed primarily with ATR-based targets and stops , calculated dynamically from market volatility. Optional breakeven stops and session-end exits provide additional trade control.
Parameters & Customization
Quantura provides extensive input parameters for flexible configuration:
Time & Session Settings: HTF and LTF selection, trade direction (Long/Short/Both), trading session hours, weekday filters.
Filters: Enable or disable filters such as HTF structure, order blocks (with customizable volume multiplier), premium/discount zones, high-volume zones, HTF EMA filter, candlestick pattern filter, and ATR volatility filter.
RSI Entry Settings: RSI length and thresholds for overbought/oversold.
Fundamental Settings: Current market sentiment and fundamental analysis inputs (bullish/bearish/neutral).
Correlation Settings: Reference asset and correlation strength (High/Low).
Exit Rules: ATR-based TP/SL multipliers, optional breakeven logic, session-end exits, and opposite-signal exits.
Visual Settings: Enable or disable buy/sell signals, trend candles, custom colors, and the built-in dashboard.
Backtesting & Performance
Backtests on BTCUSD (2 years) showed:
72 trades
46% win rate
Profit factor: 1.6
Maximum drawdown: 10%
These results demonstrate moderate profitability with controlled risk. However, with only 72 trades in two years, statistical reliability is limited. TradingView generally recommends over 100 trades for meaningful results.
Risk Management
Quantura includes several built-in risk management mechanisms:
ATR-based TP/SL: Dynamic profit targets and stop-losses based on ATR multiples.
Position sizing: Default is 100% equity (for backtests). In practice, smaller allocations (5–10%) are strongly recommended.
Breakeven stop (optional): Moves SL to entry price after a predefined profit threshold.
Opposite-signal exit: Closes and reverses trades when a contrary signal appears.
Session-end exit: Automatically closes intraday positions at the end of a trading session.
Limitations & Market Conditions
Quantura is most effective in volatile, liquid markets like crypto. In low-volatility sideways markets, signals may be less reliable. Unexpected news events can also invalidate signals, regardless of technical/fundamental bias.
Backtest results are based on BTCUSD. For other markets (Forex, equities, indices), parameter adjustments are required. Users should conduct their own extended backtests before live usage.
Usage Guide
Add to chart: Apply “Quantura – Quantitative Algorithm” in strategy mode.
Set timeframes: Choose HTF (e.g., 1D) and LTF (e.g., 5m). Define trade direction and sessions.
Configure filters: Enable/disable confluence filters as needed.
Set fundamentals: Enter current sentiment and fundamental bias.
Define exits: Adjust ATR multipliers, breakeven rules, and session-end exits.
Review signals: Check buy/sell markers, candle coloring, and the dashboard. Analyze in Strategy Tester.
Author & Access
The strategy was developed 100% by Quantura and is published as an Invite-Only script . Access is granted upon request. Instructions are available in the Author’s Instructions field (e.g., via the Quantura website).
Important: This description complies with TradingView’s official publishing rules. It avoids pricing or solicitation and provides a realistic, honest explanation of the strategy’s features and limitations.
Siege Trade Indicator A Comprehensive Indicator Combining Pivot Points, RSI, and Trend Following
This indicator integrates RSI, Pivot Points, and trend-following features into a single view to create a powerful trading strategy. It is an ideal tool for traders who want to both catch trends and identify potential reversals and overbought/oversold regions.
Key Features
RSI (Relative Strength Index): Shows whether the price has reached overbought or oversold territories. Specific RSI levels (e.g., above 70 and below 30) serve as a warning for potential buy/sell signals.
Pivot Points: Automatically plots support and resistance levels on the chart, calculated on a daily, weekly, or monthly basis. These levels help you identify key points where the price might react.
Trend Following: Determines the direction of the trend based on price movements and provides clues about its strength. This feature helps reduce the risk of trading against the trend, allowing you to take positions aligned with the current market direction.
How to Use
This indicator is not designed to be a standalone buy/sell signal tool. For the most accurate results, it is recommended to use it in conjunction with different timeframes and your own technical analysis. For instance, when the price approaches a pivot support and the RSI enters the oversold region, it can be considered a potential signal for the start of an uptrend.
This indicator provides strong support for deepening your market analysis and making more informed decisions. For more details...
EMA20/EMA100 RSI Cross – Simpler than SimpleThis indicator combines the clarity of EMA20–EMA100 crossovers with the strength of RSI confirmation, giving traders a straightforward yet effective tool for spotting momentum shifts.
Designed with simplicity in mind, it delivers clear visual signals and instant alerts whenever price conditions align, works perfectly well in every timeframe (my choice is 15M timeframe).
No clutter, no overcomplication – just clean, intuitive signals to help you stay on top of the market.
I want to give it back to Tradingview society, so feel free to try and experience.
Best,
x-Indicator Scalper Bot趋势动量突破策略:利用 RSI 动量信号与 EMA 趋势确认相结合,利用早期趋势启动,遵循趋势方向捕捉延续模式。
Trend Momentum Breakout Strategy: Capitalize on early trend initiation by combining RSI momentum signals with EMA trend confirmation, following the trend direction to capture continuation patterns.
BIST/TL RSI MA Fibonacci TaramaThe indicator features multiple functions.
RSI
Different types Moving Averages of RSI
Fibonacci levels of RSI in specific timeframes
Two Moving Averages in the main panel
Moving Average and deviations of this average at 3.2 and 6.4 ATR
Scanning in 5 different conditions, including all BIST stocks
Mean Reversion IndicatorMean Reversion Indicator
This indicator generates buy and sell signals based on a mean reversion framework.
Buy signals appear when price conditions suggest oversold levels with confirmation filters applied.
Sell signals appear when price conditions suggest overbought levels or profit-taking opportunities.
Includes background shading to highlight the backtest window.
Alerts are available for both Buy and Sell signals, so users can receive notifications in real-time.
⚠️ This indicator is for analysis and alerts only. It does not include strategy backtesting or trade execution.
Buy/Sell Signals - Confluence Engine v1 [mqsxn]The Confluence Signal Engine is a multi-factor indicator designed to highlight high-probability BUY and SELL opportunities.
Instead of relying on a single tool, this script combines trend, momentum, structure, volatility, volume, and higher timeframe agreement into a unified scoring system. Signals are only triggered when enough conditions align, helping filter out weak trades.
The indicator is flexible: you can adjust the importance (weight) of each module, change thresholds, or even simplify with Easy Mode for more frequent signals. Labels and background cues make entries impossible to miss, while optional risk/target lines help visualize potential exits.
This tool is not financial advice. Always backtest and combine with your own strategy and risk management.
⚙️ How it Works
- Trend Module: Checks EMA fast/slow alignment and price relative to EMAs.
- Momentum Module: RSI bias (above/below configurable thresholds).
- Structure Module: Break of structure using highest high / lowest low lookback.
- Volatility Module: Expansion when Bollinger Band width rises above average.
- Volume Module: Detects spikes above volume SMA.
- Higher Timeframe Filter: Optional trend confirmation from a larger timeframe.
- Filters: Session time, ATR rising condition, and cooldown between signals.
- Signals: Appear as giant BUY/SELL labels (Cross, Raw, Filtered) plus optional small labels.
- Risk Lines: Draws stoploss at swing + configurable risk:reward target lines.
📊 Inputs & Settings
Timeframes
- Use Higher Timeframe Filter: Enable confirmation from a larger timeframe.
- Higher Timeframe: Choose the timeframe (set to “Chart” to use the active chart).
Core Settings
- EMA Fast/Slow: Moving averages for trend direction.
- RSI Length: Period for RSI calculation.
- RSI Long/Short Thresholds: Define bullish/bearish momentum bias.
- Structure Lookback: Bars to check for breakouts/breakdowns.
- Bollinger Band Length & Multiplier: For volatility expansion.
- Volume SMA Length: Period for average volume.
- Volume Spike Factor: Multiplier for detecting spikes.
- Cooldown (bars): Minimum bars between filtered signals.
- Min Score to Signal: How strong the confluence must be before signaling.
- Module Weights (0 = ignore)
- Trend: EMA Stack
- HTF Trend Agreement
- Momentum: RSI Bias
- Structure: Breakout/Breakdown
- Volatility: Expansion from Squeeze
- Volume: Spike vs SMA
Filters
- Filter: Only when ATR Rising: Require ATR uptrend.
- ATR Length: Period for ATR.
- Filter: Session Time Only: Restrict to intraday session.
- Session: Default is 09:30–16:00 (U.S. equities).
Visuals & Alerts
- Color Bars by Bias: Paints candles by trend bias.
- Background Stripe for HTF Bias: Subtle background shading.
- Show Small Labels: Compact labels near bars.
- Show CROSS Labels: Signals when score crosses threshold.
- Show FILTERED Labels: Signals with all filters + cooldown (main mode).
- Show RAW Labels: Simple threshold signals (no filters).
Risk Lines
- Show Risk/Target Lines: Draw stop at recent swing + 1R/2R target lines.
- Stop at Recent Swing (bars): Swing lookback for SL.
- Target RR #1 & #2: Risk:Reward multiples to project.
Debug
- Easy Mode: Lower thresholds and disable filters for more frequent testing signals.
- Show Debug Plots: Overlay raw scores vs threshold.
✅ Best Practices
Start with Easy Mode to confirm labels plot, then raise thresholds and re-enable filters.
Use higher thresholds + HTF agreement for cleaner, rarer signals.
Adjust weights to prioritize the modules you trust most.
Combine with your own support/resistance, order flow, or risk management.
⚠️ Disclaimer: This script is for educational purposes only. It does not guarantee profitability. Always test on demo accounts or paper trading before applying to live capital.
Following me @mqsxn on TradingView for more, and gain access to the source code through my paid Discord (7 day free trial): whop.com
Retail Herd Index (RSI + MACD + Stoch) [mqsxn]The Retail Herd Index is a sentiment-style indicator that tracks how many of the “classic retail indicators”: RSI, MACD, and Stochastic are screaming the same thing at once.
Instead of following each tool separately, this script unifies them into a single index score ranging from strongly bearish to strongly bullish. The more they agree, the stronger the signal.
This gives you an immediate snapshot of when retail-favorite signals are aligned (high probability of “herd” behavior), versus when they’re mixed and uncertain.
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🔎 How It Works
RSI contributes bullish when it’s oversold (and optionally rising), bearish when it’s overbought (and optionally falling).
MACD contributes bullish when MACD is above Signal (and optionally histogram > 0), bearish when MACD is below Signal (and optionally histogram < 0).
Stochastic contributes bullish on a %K > %D cross in the oversold zone, bearish on a %K < %D cross in the overbought zone.
Each module can be weighted individually, disabled, or tuned with custom thresholds. The total is combined into the Herd Index, plotted as columns above/below zero. Extreme zones can trigger bar coloring, labels, and alerts.
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⚙️ Inputs & Settings
Modules
Use RSI / Use MACD / Use Stochastic → Toggle each component on or off.
RSI
RSI Length → Period length for RSI calculation.
RSI Overbought / Oversold → Thresholds that trigger bearish/bullish conditions.
RSI Slope Confirmation → Requires RSI to be rising when oversold or falling when overbought.
RSI Source → Input price source for RSI.
MACD
MACD Fast / Slow / Signal → Standard MACD settings.
Require MACD hist above/below zero → Adds an extra filter: bullish only if histogram > 0, bearish only if histogram < 0.
Stochastic
%K Length / Smoothing / %D Length → Standard stochastic parameters.
Overbought / Oversold → Band levels for extreme signals.
Only count crosses inside bands → Restricts signals to crosses that occur fully inside the OB/OS zones.
Weights
Weight: RSI / MACD / Stoch → Adjust each module’s importance. Setting a weight to 0 disables its contribution.
Display
Color Bars By Herd Index → Colors candles when index is extreme.
Show Extremes Labels → Labels bars when the Herd Index reaches extreme bullish or bearish.
Extreme Threshold → Absolute value at which the index is considered “extreme” (default = 2).
HyperTrend - [SuperTrend + More Confluences Engine] [mqsxn]HyperTrend is a next-generation trend detection and confluence engine that combines multiple proven methods into one powerful tool. Instead of relying on a single indicator, HyperTrend creates a weighted "confidence score" that shows whether the market is favoring UP or DOWN direction.
🔎 How it works
HyperTrend blends together several modules:
- Trend Bias — EMA stack, SuperTrend, Donchian slope, structural breakouts (BOS).
- Momentum — RSI pivot vs 50, MACD histogram sign, ADX (+DI/−DI).
- Volume Flow — Chaikin Money Flow (CMF), On-Balance Volume (OBV) slope.
- Volatility Regime — ATR expansion and Bollinger Band width.
- Multi-Timeframe Alignment — Optional higher-timeframe confirmation (e.g., 1H, 4H, Daily).
Each module can be weighted in importance, allowing you to fine-tune how much each factor contributes to the directional consensus.
📊 Features
- Confidence Scores — See UP vs DOWN percentages (0–100) in real time.
- Background Heatmap — Market bias shading (strong uptrend / strong downtrend).
- Confluence Table — Easy breakdown of how each module is voting.
- Visual Signals — Arrows on trend shifts, SuperTrend trail for context.
- Alerts — Turned UP / Turned DOWN / Strong Trend alerts ready to go.
⚡ How to Use
- Directional Filter — Use HyperTrend to confirm whether the bias is bullish or bearish before taking trades.
- Confidence Levels — Strong UP or DOWN signals suggest higher conviction setups, while weaker readings mean caution.
- Multi-Timeframe Confluence — Enable HTF mode to only confirm direction when the higher timeframe agrees.
🚀 Why HyperTrend?
Most tools only tell you one thing — HyperTrend merges multiple perspectives into one consensus engine. The result is a simple but powerful answer: Is the market leaning UP or DOWN?
📩 Follow @mqsxn to get notified when new tools and strategies drop.
🔔 Don’t forget to set alerts for "Turned UP" and "Turned DOWN" so you never miss a shift.
Gain access to my paid Discord for access to the full source code (paid users only) (7 day free trial): whop.com
SExI - Super Exhaustion Indicator [Da_Prof]As we know, the RSI can remain at "overbought" or "oversold" levels for long periods of time while the price continues in that direction. The SExI (Super Exhaustion Indicator) is an indicator designed to help detect exhaustion of strong moves.
The SExI is a combination of the RSI and "upper" Aroon. For the indicator to trigger, the RSI has to be above or below a top/bottom trigger line when the Aroon has had a set number of drives up or down correspondingly. An Aroon top drive is defined as the Aroon hitting 100% on the current candle when the previous candle was below 100%. An Aroon bottom drive is defined as the Aroon hitting 0% on the current candle when the previous candle was above 0%. Consecutive top or bottom drives are counted and exhaustion triggers when these drives hit a setpoint (default is 5 drives = the Aroon exhaustion trigger). When Aroon exhaustion is triggered and the RSI is correspondingly above/below a trigger line, the overall indicator signals exhaustion. There are two lines for bottoms and tops, one each for a "normal" trigger and and an "extreme" trigger.
The Aroon drives are visualized at the top and bottom of the indicator. The RSI is plotted as a line that crosses top and bottom trigger lines. There are extreme trigger values for both the bottom and top exhaustion triggers.
--Da_Prof
cd_RSI_Divergence_CxGeneral:
The Relative Strength Index (RSI) is a momentum oscillator widely used by traders in price analysis. In addition to showing overbought/oversold zones, divergences between RSI and price are also tracked to identify trading opportunities.
The general consensus is that oscillators alone are not sufficient for entries and should be evaluated together with multiple confirmations.
This oscillator is designed as an additional confirmation/compatible tool for strategies that already use higher time frame (HTF) sweeps and lower time frame (LTF) confirmations such as Change in State Delivery (CISD) or Change of Character (CHOCH).
Features:
While RSI oscillators are commonly displayed in line format (classic), this indicator also offers candlestick-style visualization.
Depending on the selected source, period length, and EMA length, RSI can be displayed as lines and/or candlesticks.
Divergence detection & tracking:
Price and RSI values are monitored on the chosen higher time frame (from the menu) to determine highs and lows. For divergence display, the user can choose between two modes:
1- Alignment with HTF Sweep
2- All
1 - Alignment with HTF Sweep:
First, the price must sweep the previous high/low of the candle on the HTF (i.e., break it) but fail to continue in that direction and return inside (sweep).
If this condition is met, RSI values are checked:
If price makes a high sweep but RSI fails to make a new high → divergence is confirmed.
If price makes a low sweep but RSI fails to make a new low → divergence is confirmed.
Divergence is then displayed on the chart.
2 - All:
In this mode, sweep conditions are ignored. Divergence is confirmed if:
Price makes a new high on HTF but RSI does not.
RSI makes a new high on HTF but price does not.
Price makes a new low on HTF but RSI does not.
RSI makes a new low on HTF but price does not.
Menu & Settings:
RSI visualization (source + period length + EMA period length)
Option to choose classic/candlestick style display
Color customization
Higher time frame selection
Adjustable HTF boxes and table display
Final notes:
This oscillator is designed as an additional confirmation tool for strategies based on HTF sweep + LTF CISD/CHOCH confirmation logic. The chosen HTF in the oscillator should match the time frame where sweeps are expected.
Divergence signals from this oscillator alone will not make you profitable.
For spot trades, monitoring sweeps and divergences on higher time frames is more suitable (e.g., Daily–H1 / Weekly–H4).
My personal usage preferences:
Entry TF: 3m
HTF bias: Daily + H1
Sweep + CISD: 30m / 3m
Market Structure: 3m
RSI divergence: HTF = 30m
If all of them align bullish or bearish ( timeframe alignment ), I try to take the trade.
I’d be glad to hear your feedback and suggestions for improvement.
Happy trading!
Combined RSI EnsembleRip from TrendSipider so all cred to them for the idea:
A combined RSI Ensemble indicator that colors candles based on both overbought (≥80) and oversold (≤30) conditions using three RSI lengths (14, 9, 5). It assigns distinct colors for varying levels of overbought (gray, yellow, orange, red) and oversold (gray, light green, dark green, neon green) signals. The script also registers "Surely Overbought/Oversold" and "Probably Overbought/Oversold" signals for use in scanning, backtesting, and alerts.
Dynamic Value Zone Oscillator (DVZO) - @CRYPTIK1Dynamic Value Zone Oscillator (DVZO) @CRYPTIK1
Introduction: What is the DVZO?
The Dynamic Value Zone Oscillator (DVZO) is a powerful momentum indicator that reframes the classic "overbought" and "oversold" concept. Instead of relying on a fixed lookback period like a standard RSI or Stochastics, the DVZO measures the current price relative to a significant, higher-timeframe Value Zone (e.g., the previous week's entire price range).
This gives you a more contextual and structural understanding of price. The core question it answers is not just "Is the price moving up or down quickly?" but rather, "Where is the current price in relation to its recently established area of value?"
This allows traders to identify true "premium" (overbought) and "discount" (oversold) levels with greater accuracy, leading to higher-probability reversal and trend-following signals.
The Core Concept: Price vs. Value
The market is constantly trying to find equilibrium or "fair value." The DVZO is built on the principle that the high and low of a significant prior period (like the previous day, week, or month) create a powerful area of perceived value.
The Value Zone: The range between the high and low of the selected higher timeframe. The midpoint of this zone is the equilibrium (0 line on the oscillator).
Premium Territory (Distribution Zone): When price breaks above the Value Zone High (+100 line), it is trading at a premium. This is an area where sellers are more likely to become active and buyers may be over-extending.
Discount Territory (Accumulation Zone): When price breaks below the Value Zone Low (-100 line), it is trading at a discount. This is an area where buyers are more likely to see value and sellers may be exhausted.
By anchoring its analysis to these significant structural levels, the DVZO filters out much of the noise from lower-timeframe price fluctuations.
Key Features
The Oscillator:
The main blue line visualizes exactly where the current price is within the context of the Value Zone.
+100: The high of the Value Zone.
0: The midpoint/equilibrium of the Value Zone.
-100: The low of the Value Zone.
Automatic Divergence Detection:
The DVZO automatically identifies and plots bullish and bearish divergences on both the price chart and the oscillator itself.
Bullish Divergence: Price makes a new low, but the DVZO makes a higher low. This is a strong signal that downside momentum is fading and a reversal to the upside is likely.
Bearish Divergence: Price makes a new high, but the DVZO makes a lower high. This indicates that upside momentum is waning and a pullback is probable.
Value Migration Histogram:
The purple histogram in the background visualizes the width of the Value Zone.
Expanding Histogram: Volatility is increasing, and the accepted value range is getting wider.
Contracting Histogram: Volatility is decreasing, and the price is coiling in a tight range, often in anticipation of a major breakout.
How to Use the DVZO: Trading Strategies
1. Reversion Trading
This is the most direct way to use the indicator.
Look for Buys: When the DVZO line drops below -100, the price is in the "Accumulation Zone." Wait for the price to show signs of strength (e.g., a bullish candle pattern) and the DVZO line to start turning back up towards the -100 level. This is a high-probability mean reversion setup.
Look for Sells: When the DVZO line moves above +100, the price is in the "Distribution Zone." Look for signs of weakness (e.g., a bearish engulfing candle) and the DVZO line to start turning back down towards the +100 level.
2. Divergence Trading
Divergences are powerful confirmation signals.
Entry Signal: When a Bullish Divergence appears, it provides a strong entry signal for a long position, especially if it occurs within the Accumulation Zone (below -100).
Exit/Short Signal: When a Bearish Divergence appears, it can serve as a signal to take profit on long positions or to look for a short entry, especially if it occurs in the Distribution Zone (above +100).
3. Best Practices & Settings
Timeframe Synergy: The DVZO is most effective when your chart timeframe is lower than your selected Value Zone Source.
For Day Trading (e.g., 1H, 4H chart): Use the "Previous Day" Value Zone.
For Swing Trading (e.g., 1D, 12H chart): Use the "Previous Week" or "Previous Month" Value Zone.
Confirmation is Key: The DVZO is a powerful tool, but it should not be used in isolation. Always combine its signals with other forms of analysis, such as market structure, support/resistance levels, and candlestick patterns, for confirmation.
DK RSI [NMTUAN]The RSI Lines in RSI DK
A basic RSI DK indicator typically consists of the following components:
The Main RSI Line: Usually set to a period of 14, this is the most common line for most traders. It provides an overall view of market momentum.
The Short-Term RSI Line: Usually set to a period of 7, 5, or even 3. This line moves faster and is more sensitive to short-term fluctuations. It can be used to identify early entry/exit points.
The Long-Term RSI Line: Typically set to a period of 21, 28, or 30. This line moves more slowly, providing a stable view of the long-term trend. It helps filter out "noise" and confirm the main trend.
How to Use RSI DK
Combining multiple RSI lines offers several advantages:
Signal Confirmation: When different RSI lines confirm a signal (e.g., all are in the overbought or oversold zone), the reliability of that signal increases significantly.
Divergence: This is one of the strongest signals of the RSI. With RSI DK, traders can easily spot potential divergence signals when a short-term RSI line diverges from price, while the long-term RSI line is still confirming the trend.
Crossovers: Similar to other momentum indicators, crossovers between RSI lines in RSI DK are also very useful. For example, when the short-term RSI line crosses above the long-term one, it could be a signal that upward momentum is gaining strength.
Multi-Timeframe Analysis: RSI DK lets you analyze momentum across different timeframes right on one chart, which saves time and improves analysis efficiency.