Hikaru's RSI

Hikaru's RSI is a momentum and trend indicator built on the Relative Strength Index (RSI), it provides a view of trend strength and momentum by combining adaptive trend modules.

This script introduces improvements over standard RSI indicators by:

1. Centered RSI Scale: The standard 0-100 RSI is transformed to a -10 to +10 range, centering the neutral zone at 0 for clearer visualization of overbought (+4) and oversold (-4) conditions.

2. Dual Trend Confirmation: The indicator uses two independent modules to detect trend direction:

3. Consensus-Based Coloring: The plotted RSI line is colored based on the agreement between the two trend modules, providing a 5-tier classification of the trend strength:

Maximum Long (Max Long Color): Both Module 1 and Module 2 are bullish.
Normal Long (Normal Long Color): Module 1 is bullish, Module 2 is neutral.
Maximum Short (Max Short Color): Both Module 1 and Module 2 are bearish.
Normal Short (Normal Short Color): Module 1 is bearish, Module 2 is neutral.

Conflict/Neutral (Neutral Color): Trends conflict or both are neutral.

⚙️ How to Use
Maximum States: Bright green and Bright red signals are the highest conviction trend signals, indicating that both the primary trend filter and the adaptive extremes agree on the direction.

Monitor Normal States: Normal Long and Normal Short signals suggest the primary trend is established, but the momentum is not yet extreme. These are useful for trend continuation plays.

Observe Conflicts: May this unlikely condition occur, should be a risk-off signal, indicating the trend mechanisms disagree.