OPEN-SOURCE SCRIPT
RSI Fieolouis v2.6.1 (Symbols)
RSI Fieolouis v2.6.1 (Symbols)
This script is an advanced RSI tool designed for traders who rely on momentum and divergence signals. It enhances the traditional RSI with additional features and visual aids, allowing more precise identification of potential market reversals and trend continuations.
Main features:
✅ Customizable RSI: adjustable length and source.
✅ Multiple RSI MAs: overlay EMA, SMA, WMA, VWMA, SMMA, or Bollinger Bands on RSI.
✅ Regular & Hidden Divergence: automatically detects bullish and bearish divergence with pivot-based logic.
✅ Re-entry Signals: identifies RSI re-entry from oversold/overbought zones (with optional MA confirmation).
✅ Continuation Signals: shows when RSI crosses the 50 level in line with the trend.
✅ Flexible Pivot Settings: pivot detection range and max bars between pivots are fully configurable.
✅ Visual Enhancements: gradient OB/OS zones, optional 80/20 bands, divergence labels, and compact symbols for signals.
✅ Alerts Ready: set custom alerts for divergence, re-entry, and continuation events.
How to use:
Use divergence signals to spot potential reversals.
Re-entry and continuation signals help confirm trend momentum or rejoin after temporary pullbacks.
Combine with higher timeframe analysis and volume for stronger confirmation.
This indicator is designed for educational purposes and should be used alongside proper risk management and your own trading strategy.
This script is an advanced RSI tool designed for traders who rely on momentum and divergence signals. It enhances the traditional RSI with additional features and visual aids, allowing more precise identification of potential market reversals and trend continuations.
Main features:
✅ Customizable RSI: adjustable length and source.
✅ Multiple RSI MAs: overlay EMA, SMA, WMA, VWMA, SMMA, or Bollinger Bands on RSI.
✅ Regular & Hidden Divergence: automatically detects bullish and bearish divergence with pivot-based logic.
✅ Re-entry Signals: identifies RSI re-entry from oversold/overbought zones (with optional MA confirmation).
✅ Continuation Signals: shows when RSI crosses the 50 level in line with the trend.
✅ Flexible Pivot Settings: pivot detection range and max bars between pivots are fully configurable.
✅ Visual Enhancements: gradient OB/OS zones, optional 80/20 bands, divergence labels, and compact symbols for signals.
✅ Alerts Ready: set custom alerts for divergence, re-entry, and continuation events.
How to use:
Use divergence signals to spot potential reversals.
Re-entry and continuation signals help confirm trend momentum or rejoin after temporary pullbacks.
Combine with higher timeframe analysis and volume for stronger confirmation.
This indicator is designed for educational purposes and should be used alongside proper risk management and your own trading strategy.
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.