OPEN-SOURCE SCRIPT
RSI & Choppiness Index (CI) Pro Dashboard + Alerts by ubao
Hello, this is ubao.
I am sharing the [RSI & CI Multi-Timeframe Dashboard], an essential filtering indicator designed to help you avoid getting caught in short-term noise (whipsaws) and instantly identify whether the market is currently "Trending" or "Choppy".
To save valuable chart space, it is compactly displayed in the corner of your screen, allowing you to cross-check momentum (RSI) and market conditions (CI) across multiple timeframes at a single glance.
🔥 Core Features
Multi-Timeframe (MTF) Support: Intuitively check indicator values for the 5m, 15m, 1H, 4H, Daily, and Weekly timeframes all within one clean table.
Choppiness Index (CI) Integration: Diagnoses the 'state of the market' rather than just the direction.
🟢 Trending Market (CI < 38.2): Strong directional movement has begun. (Favorable for breakouts and trend following)
🟠 Choppy Market (CI > 61.8): Directionless, whipsaw conditions. (Consider range trading or staying flat)
Conditional "Neon Sign" UI: The dashboard maintains a calm, unobtrusive color during neutral conditions. It only lights up with custom alert colors when overbought/oversold levels are reached or strong trends emerge, providing excellent visibility without distraction.
Built-in Real-time Alerts: Get instant alerts for RSI OB/OS and CI Trend/Choppy states based on the timeframe of your currently active chart.
💡 Practical Trading Tips
When considering a breakout trade, if the higher timeframe (e.g., 1H, 4H) CI indicates a 'Choppy Market' (Orange), the probability of a fakeout is high. Consider reducing your position size or waiting for a better setup.
The most powerful trend-following entry often occurs when the CI shifts into a 'Trending Market' (Green) while momentum aligns. Using this dashboard as a filter alongside Price Action or VPA (Volume Price Analysis) will significantly help protect your win rate.
⚙️ Fully Customizable
You can freely modify all of the following in the indicator settings:
Indicator Inputs: Lengths, RSI OB/OS levels, and CI Fibonacci thresholds.
UI Layout: Table position, cell width, and row height.
Colors: Full control over background, text, and conditional alert colors for every state.
I hope this tool helps you stay on the right side of the market.
Trade Safe!
I am sharing the [RSI & CI Multi-Timeframe Dashboard], an essential filtering indicator designed to help you avoid getting caught in short-term noise (whipsaws) and instantly identify whether the market is currently "Trending" or "Choppy".
To save valuable chart space, it is compactly displayed in the corner of your screen, allowing you to cross-check momentum (RSI) and market conditions (CI) across multiple timeframes at a single glance.
🔥 Core Features
Multi-Timeframe (MTF) Support: Intuitively check indicator values for the 5m, 15m, 1H, 4H, Daily, and Weekly timeframes all within one clean table.
Choppiness Index (CI) Integration: Diagnoses the 'state of the market' rather than just the direction.
🟢 Trending Market (CI < 38.2): Strong directional movement has begun. (Favorable for breakouts and trend following)
🟠 Choppy Market (CI > 61.8): Directionless, whipsaw conditions. (Consider range trading or staying flat)
Conditional "Neon Sign" UI: The dashboard maintains a calm, unobtrusive color during neutral conditions. It only lights up with custom alert colors when overbought/oversold levels are reached or strong trends emerge, providing excellent visibility without distraction.
Built-in Real-time Alerts: Get instant alerts for RSI OB/OS and CI Trend/Choppy states based on the timeframe of your currently active chart.
💡 Practical Trading Tips
When considering a breakout trade, if the higher timeframe (e.g., 1H, 4H) CI indicates a 'Choppy Market' (Orange), the probability of a fakeout is high. Consider reducing your position size or waiting for a better setup.
The most powerful trend-following entry often occurs when the CI shifts into a 'Trending Market' (Green) while momentum aligns. Using this dashboard as a filter alongside Price Action or VPA (Volume Price Analysis) will significantly help protect your win rate.
⚙️ Fully Customizable
You can freely modify all of the following in the indicator settings:
Indicator Inputs: Lengths, RSI OB/OS levels, and CI Fibonacci thresholds.
UI Layout: Table position, cell width, and row height.
Colors: Full control over background, text, and conditional alert colors for every state.
I hope this tool helps you stay on the right side of the market.
Trade Safe!
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。
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。