OPEN-SOURCE SCRIPT
Custom RSI + Divergence + Bold Lines (v6, matched)

📌 Custom RSI with Divergence & Dynamic Coloring
This indicator enhances the classic Relative Strength Index (RSI) by combining
dynamic visual feedback with automatic regular divergence detection.
It is designed to help traders quickly identify overbought / oversold conditions
and potential momentum shifts through clear and intuitive visualization.
⸻
🔍 Key Features
1️⃣ Dynamic RSI Line Coloring
• Overbought zone (RSI > Overbought level) → RSI line turns green
• Oversold zone (RSI < Oversold level) → RSI line turns red
• Neutral zone → RSI line remains white
This allows instant recognition of the current RSI state.
⸻
2️⃣ Overbought / Oversold Visual Highlighting
• Clear overbought and oversold reference lines
• Background shading when RSI enters these zones
→ improves signal visibility and reaction speed
⸻
3️⃣ Automatic Regular Divergence Detection
• Bullish Divergence
• Price makes a lower low
• RSI makes a higher low
• Pivot lows are connected with a bold green line
• Bearish Divergence
• Price makes a higher high
• RSI makes a lower high
• Pivot highs are connected with a bold red line
Pivot points are connected directly, making divergence structures easy to identify at a glance.
⸻
4️⃣ Clear Signal Markers
• Bullish divergence: ▲ (bottom of the RSI pane)
• Bearish divergence: ▼ (top of the RSI pane)
⸻
⚙️ Inputs
• RSI Length
• Overbought / Oversold Levels
• Pivot Length (controls divergence sensitivity)
⸻
💡 How to Use
• Oversold + Bullish Divergence → Potential rebound setup
• Overbought + Bearish Divergence → Potential pullback or reversal
• Best used in combination with trend analysis, support/resistance, and volume
⸻
⚠️ Notes
• Divergence signals are probabilistic, not guaranteed.
• In ranging markets, divergences may appear more frequently.
• Always apply proper risk management.
⸻
🎯 Best For
• Traders who actively use RSI
• Traders looking for clean and intuitive divergence visualization
• Users who prefer minimal but informative indicators
This indicator enhances the classic Relative Strength Index (RSI) by combining
dynamic visual feedback with automatic regular divergence detection.
It is designed to help traders quickly identify overbought / oversold conditions
and potential momentum shifts through clear and intuitive visualization.
⸻
🔍 Key Features
1️⃣ Dynamic RSI Line Coloring
• Overbought zone (RSI > Overbought level) → RSI line turns green
• Oversold zone (RSI < Oversold level) → RSI line turns red
• Neutral zone → RSI line remains white
This allows instant recognition of the current RSI state.
⸻
2️⃣ Overbought / Oversold Visual Highlighting
• Clear overbought and oversold reference lines
• Background shading when RSI enters these zones
→ improves signal visibility and reaction speed
⸻
3️⃣ Automatic Regular Divergence Detection
• Bullish Divergence
• Price makes a lower low
• RSI makes a higher low
• Pivot lows are connected with a bold green line
• Bearish Divergence
• Price makes a higher high
• RSI makes a lower high
• Pivot highs are connected with a bold red line
Pivot points are connected directly, making divergence structures easy to identify at a glance.
⸻
4️⃣ Clear Signal Markers
• Bullish divergence: ▲ (bottom of the RSI pane)
• Bearish divergence: ▼ (top of the RSI pane)
⸻
⚙️ Inputs
• RSI Length
• Overbought / Oversold Levels
• Pivot Length (controls divergence sensitivity)
⸻
💡 How to Use
• Oversold + Bullish Divergence → Potential rebound setup
• Overbought + Bearish Divergence → Potential pullback or reversal
• Best used in combination with trend analysis, support/resistance, and volume
⸻
⚠️ Notes
• Divergence signals are probabilistic, not guaranteed.
• In ranging markets, divergences may appear more frequently.
• Always apply proper risk management.
⸻
🎯 Best For
• Traders who actively use RSI
• Traders looking for clean and intuitive divergence visualization
• Users who prefer minimal but informative indicators
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.