OPEN-SOURCE SCRIPT

Momentum Tide @darshakssc

483
Momentum Tide is an adaptive gradient-fill RSI oscillator. Instead of a smoothed RSI line
with fixed overbought/oversold zone colors, momentum is visualized as a single "tide" — a
continuous gradient fill between the smoothed RSI and the midline, where fill intensity
scales with distance from midline rather than using discrete zone bands.

🔶 HOW IT WORKS
RSI is smoothed with an EMA, then plotted against an adaptive overbought/oversold reference
calculated from the rolling standard deviation of RSI (not fixed 70/30 levels), so the tool
self-adjusts across instruments and timeframes. An ATR-based volatility filter suppresses
signals during low-momentum chop.

🔶 HOW TO USE
- Green tide + rising = building bullish momentum. Red tide + falling = building bearish momentum.
- Triangle markers = confirmed midline momentum shift (bar-close confirmed, non-repainting).
- Circle markers = reversal signal from the adaptive extreme zone.
- Dashboard (top-right) shows live RSI value, tide state, and momentum strength %.

🔶 SETTINGS
RSI Length, Smoothing Length, ATR Filter Length/Ratio, Adaptive Lookback, Adaptive Band Width.

🔶 LIMITATIONS
This is a momentum-visualization tool, not a standalone entry system. Best combined with
structure/S-R context. Can flip state more frequently in low-volatility, range-bound sessions.

For educational/informational purposes only. Not financial advice. Past performance does
not guarantee future results. Always use proper risk management.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.