OPEN-SOURCE SCRIPT
RSI - Div - TDI (Conf + MTF)
# RSI/TDI Multi-Timeframe Confirmed Divergences
**What it is**
A momentum tool that detects RSI divergences and — this is the point of the script — only reports them once they are confirmed on bar close, then checks whether the same divergence is occurring on several timeframes at once. It is built on the well-known RSI + TDI framework, but its purpose is not to re-display RSI or the TDI; it is to solve two specific problems with ordinary divergence scripts: they repaint while a bar is forming, and they treat a noisy 1-minute divergence the same as a broad 4-hour one. This script addresses both.
---
**What is original here (and why it is not just a mashup)**
Most open-source divergence indicators evaluate the divergence on the live, still-forming bar. That means a divergence can appear, then disappear before the candle closes — it repaints, and you cannot trust what you see in real time. This script gates every divergence to confirmed bars (it only commits a signal when the candle has closed), so a printed signal is final and will not vanish.
On top of that, it adds a multi-timeframe agreement engine that does not exist in the built-in or common divergence scripts:
- It runs the identical divergence calculation on up to five user-selected timeframes.
- It latches each timeframe's result only when that timeframe's own bar closes, so the cross-timeframe reading does not flicker as higher bars form.
- It uses a recency window so a higher-timeframe divergence stays "active" long enough to line up with the chart timeframe (since divergences on different timeframes rarely print on the same candle).
- It counts how many timeframes agree and recolors the signal when the count crosses a threshold you set.
That combination — non-repainting confirmation plus per-timeframe close-latched divergence agreement with a colored confluence output — is the original behavior, and the reason the components are bundled into one script rather than used separately.
---
**How the pieces work together**
Each component has a job; none is decorative:
- **RSI** is the momentum gauge — it measures whether recent buying or selling has more force.
- **The TDI Bollinger Bands on RSI** give that momentum a volatility/mean context, so you can see when RSI is stretched relative to its own recent range, not just relative to fixed levels.
- **The divergence detector** is the actual signal: it compares price extremes against RSI extremes and flags when they disagree.
- **The confirmation gate** removes the repainting so the signal is trustworthy.
- **The multi-timeframe layer** is the filter that separates a throwaway low-timeframe divergence from a broad, meaningful one — the higher the agreement, the more independent momentum readings are calling the same exhaustion at once.
Used together they answer one question: *is momentum genuinely exhausting here, across enough of the market to matter?*
---
**The concept behind the calculation**
A divergence is price and momentum disagreeing. A trend continues while each push carries more force than the last; when price makes a new extreme but RSI does not, the force behind the move is fading.
Over a lookback window the script tracks the running highest and lowest price and the RSI reading at those points, then:
- **Bullish divergence:** price makes a lower low, but RSI does not make a matching new low and begins turning up — selling pressure is drying up.
- **Bearish divergence:** price makes a higher high, but RSI fails to confirm with a higher high and rolls over — buying pressure is drying up.
The signal is therefore a read on **momentum exhaustion**, not a guaranteed turn. The higher-timeframe layer matters because a higher-timeframe RSI aggregates far more order flow into one reading, so a divergence there reflects a broad shift in control rather than local noise.
---
**How to use it**
- Add it to a separate pane and run it on the timeframe you trade.
- A dot marks a confirmed divergence (green = bullish, red = bearish). The dot only appears once the bar has closed.
- A purple dot means the divergence is present on multiple timeframes at once — the higher-conviction case.
- Treat it as exhaustion/reversal context. It is most useful combined with a price level (a prior high/low, support/resistance) and your own entry confirmation, rather than as a standalone buy/sell. Optional alerts are included for single-timeframe and multi-timeframe divergences.
---
**Settings**
- **RSI Length / Lookback** — the momentum period and the window the divergence is measured against.
- **Confirmed divergences only** — keep on for non-repainting signals; turn off to see live (flickering) divergences earlier.
- **Compare timeframes (up to 5)** — the timeframes checked for agreement, each with an on/off toggle.
- **Timeframes needed for purple** — how many must agree before the dot recolors.
- **Other-TF recency** — how long another timeframe's divergence stays active so it can align with the chart.
- **Colors** — every plot (RSI line, bands, divergence dots, agreement color, pivots) is user-configurable.
- TDI Bollinger Band length/type, second RSI, and overbought/oversold levels are included for context and configurable.
---
**Notes and limitations**
- Signals are non-repainting on the chart timeframe because they confirm on close. Higher-timeframe components naturally finalize only when their own bar closes, which is expected multi-timeframe behavior — read the multi-timeframe agreement on closed bars.
- Divergence indicates momentum exhaustion, which does not guarantee an immediate reversal; trends can remain divergent for some time. Use confirmation.
- This script is for analysis and education and is not financial advice.
---
**Credits**
Built on the open-source RSI and Traders Dynamic Index (TDI) divergence approach. Original RSI/TDI divergence logic credit to QuantTherapyThe confirmed-on-close handling and the multi-timeframe divergence-agreement engine are additions in this version.
**What it is**
A momentum tool that detects RSI divergences and — this is the point of the script — only reports them once they are confirmed on bar close, then checks whether the same divergence is occurring on several timeframes at once. It is built on the well-known RSI + TDI framework, but its purpose is not to re-display RSI or the TDI; it is to solve two specific problems with ordinary divergence scripts: they repaint while a bar is forming, and they treat a noisy 1-minute divergence the same as a broad 4-hour one. This script addresses both.
---
**What is original here (and why it is not just a mashup)**
Most open-source divergence indicators evaluate the divergence on the live, still-forming bar. That means a divergence can appear, then disappear before the candle closes — it repaints, and you cannot trust what you see in real time. This script gates every divergence to confirmed bars (it only commits a signal when the candle has closed), so a printed signal is final and will not vanish.
On top of that, it adds a multi-timeframe agreement engine that does not exist in the built-in or common divergence scripts:
- It runs the identical divergence calculation on up to five user-selected timeframes.
- It latches each timeframe's result only when that timeframe's own bar closes, so the cross-timeframe reading does not flicker as higher bars form.
- It uses a recency window so a higher-timeframe divergence stays "active" long enough to line up with the chart timeframe (since divergences on different timeframes rarely print on the same candle).
- It counts how many timeframes agree and recolors the signal when the count crosses a threshold you set.
That combination — non-repainting confirmation plus per-timeframe close-latched divergence agreement with a colored confluence output — is the original behavior, and the reason the components are bundled into one script rather than used separately.
---
**How the pieces work together**
Each component has a job; none is decorative:
- **RSI** is the momentum gauge — it measures whether recent buying or selling has more force.
- **The TDI Bollinger Bands on RSI** give that momentum a volatility/mean context, so you can see when RSI is stretched relative to its own recent range, not just relative to fixed levels.
- **The divergence detector** is the actual signal: it compares price extremes against RSI extremes and flags when they disagree.
- **The confirmation gate** removes the repainting so the signal is trustworthy.
- **The multi-timeframe layer** is the filter that separates a throwaway low-timeframe divergence from a broad, meaningful one — the higher the agreement, the more independent momentum readings are calling the same exhaustion at once.
Used together they answer one question: *is momentum genuinely exhausting here, across enough of the market to matter?*
---
**The concept behind the calculation**
A divergence is price and momentum disagreeing. A trend continues while each push carries more force than the last; when price makes a new extreme but RSI does not, the force behind the move is fading.
Over a lookback window the script tracks the running highest and lowest price and the RSI reading at those points, then:
- **Bullish divergence:** price makes a lower low, but RSI does not make a matching new low and begins turning up — selling pressure is drying up.
- **Bearish divergence:** price makes a higher high, but RSI fails to confirm with a higher high and rolls over — buying pressure is drying up.
The signal is therefore a read on **momentum exhaustion**, not a guaranteed turn. The higher-timeframe layer matters because a higher-timeframe RSI aggregates far more order flow into one reading, so a divergence there reflects a broad shift in control rather than local noise.
---
**How to use it**
- Add it to a separate pane and run it on the timeframe you trade.
- A dot marks a confirmed divergence (green = bullish, red = bearish). The dot only appears once the bar has closed.
- A purple dot means the divergence is present on multiple timeframes at once — the higher-conviction case.
- Treat it as exhaustion/reversal context. It is most useful combined with a price level (a prior high/low, support/resistance) and your own entry confirmation, rather than as a standalone buy/sell. Optional alerts are included for single-timeframe and multi-timeframe divergences.
---
**Settings**
- **RSI Length / Lookback** — the momentum period and the window the divergence is measured against.
- **Confirmed divergences only** — keep on for non-repainting signals; turn off to see live (flickering) divergences earlier.
- **Compare timeframes (up to 5)** — the timeframes checked for agreement, each with an on/off toggle.
- **Timeframes needed for purple** — how many must agree before the dot recolors.
- **Other-TF recency** — how long another timeframe's divergence stays active so it can align with the chart.
- **Colors** — every plot (RSI line, bands, divergence dots, agreement color, pivots) is user-configurable.
- TDI Bollinger Band length/type, second RSI, and overbought/oversold levels are included for context and configurable.
---
**Notes and limitations**
- Signals are non-repainting on the chart timeframe because they confirm on close. Higher-timeframe components naturally finalize only when their own bar closes, which is expected multi-timeframe behavior — read the multi-timeframe agreement on closed bars.
- Divergence indicates momentum exhaustion, which does not guarantee an immediate reversal; trends can remain divergent for some time. Use confirmation.
- This script is for analysis and education and is not financial advice.
---
**Credits**
Built on the open-source RSI and Traders Dynamic Index (TDI) divergence approach. Original RSI/TDI divergence logic credit to QuantTherapyThe confirmed-on-close handling and the multi-timeframe divergence-agreement engine are additions in this version.
开源脚本
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。