Neeson RSI Pro Ultra

NEESON RSI PRO ULTRA
📊 Overview
The Neeson RSI Pro Ultra is an advanced Relative Strength Index indicator that combines traditional RSI analysis with modern technical innovations. It features dynamic volatility-adjusted bands, smart divergence detection, and multi-theme visualization.

🎯 Key Features
1. Dynamic Volatility Bands
Automatically adjusts overbought/oversold levels based on market volatility

Upper Band: 70 ± (Volatility × Multiplier)

Lower Band: 30 ± (Volatility × Multiplier)

Prevents false signals in high-volatility markets

2. Advanced Divergence Detection
Regular Divergence: Price makes higher highs while RSI makes lower highs (bearish), or price makes lower lows while RSI makes higher lows (bullish)

Hidden Divergence: Price makes lower highs while RSI makes higher highs (bearish), or price makes higher lows while RSI makes lower lows (bullish)

Visual background highlighting for divergence areas

3. Smart Trading Signals
Buy Signal: RSI crosses above dynamic lower band

Sell Signal: RSI crosses below dynamic upper band

Strong Buy/Sell: Signal confirmed by divergence patterns

Clear label markers on chart

4. Customizable Visualization
Multiple color themes (Orange White Blue, Professional Blue, Vibrant Orange)

Custom color options for all elements

Cloud zones for overbought/oversold areas

Optional signal display

⚙️ Parameter Settings
Basic Parameters
RSI Length: Period for RSI calculation (default: 14)

Use RSI Smoothing: Applies EMA smoothing to RSI line

Dynamic Bands
Volatility Period: Lookback period for volatility calculation (default: 20)

Volatility Multiplier: Sensitivity of band adjustment (default: 1.5)

Enable Dynamic Levels: Toggle dynamic band adjustment

Divergence Detection
Divergence Lookback Period: Bars to search for divergence (default: 90)

Show Regular Divergence: Display regular divergence patterns

Show Hidden Divergence: Display hidden divergence patterns

Display Options
Show Cloud Zones: Display overbought/oversold cloud areas

Show Trading Signals: Display buy/sell signal labels

📈 Interpretation Guide
Overbought/Oversold Conditions
Overbought: RSI above dynamic upper band (colored background)

Oversold: RSI below dynamic lower band (colored background)

Neutral: RSI between bands (white background)

Signal Types
BUY/SELL: Basic crossover signals

STRONG BUY/STRONG SELL: Signals confirmed by divergence

BEAR DIV/BULL DIV: Divergence detection markers

Divergence Types
Regular Bearish: Price ↑, RSI ↓ (Red background)

Regular Bullish: Price ↓, RSI ↑ (Green background)

Hidden Bearish: Price ↓, RSI ↑ (Light red background)

Hidden Bullish: Price ↑, RSI ↓ (Light green background)