OPEN-SOURCE SCRIPT
RSI Suite (Foundation)
**RSI Suite (Foundation)**
RSI Suite (Foundation) is a RSI-based context toolkit. It combines a clean RSI pane with **regime detection**, optional **CTF/HTF regime background**, **MTF RSI alignment**, **pivot-based divergence (preview + confirmed)**, and optional **RSI signal engines** (mid-cross, pivot break, pivot trendline break).
The focus is on **structured market context, confluence, and decision support** — **not** on a “magic signal” system.
## Concept
Many traders use RSI as more than an overbought/oversold oscillator.
When used with clear thresholds, multi-timeframe context, and pivot structure, RSI becomes a compact framework for:
- Reading **bull/bear/neutral regimes**
- Spotting **momentum shifts** and **structure breaks** inside the oscillator
- Identifying **divergence setups** with confirmation logic
- Checking **alignment across timeframes** before acting
This script is designed to keep the RSI pane **clean** while adding **advanced context layers** you can enable only when needed.
## Core Modules
### 1) RSI Regime Engine (Bull / Bear / Neutral)
A configurable regime model that classifies RSI behavior into structured states.
**Regime modes:**
- **Mid (50)** → bullish above mid, bearish below
- **Range (40/60)** → neutral zone between 40–60
- **Trend (20/80)** → wide thresholds for strong momentum phases
- **Custom (low/high)** → user-defined thresholds
**Optional visualization:**
- **RSI plot color** changes by regime
- **Background regime shading** in the RSI pane (**CTF** or **HTF**)
### 2) Confirmed Values Mode (Non-Repainting)
A dedicated mode for users who want stable, confirmed values.
- **ON (recommended)** → uses confirmed bar values only (no intrabar updates)
- Helps avoid “visual repaint” effects while candles are still open
- HTF values still update on HTF candle close by design
### 3) RSI Divergence Suite (Pivot-Based)
A structured divergence engine based on pivots.
**Supported divergence types:**
- **Classic** (trend exhaustion style)
- **Hidden** (trend continuation style)
- **Both**
**Two detection layers:**
- **Preview** → early candidates (can invalidate)
- **Confirmed** → only after pivot confirmation (right-bars)
**Quality filters included:**
- Min/Max bars between pivots (distance constraints)
- Cooldown bars (reduces repetitive signals)
- Minimum RSI delta (filters micro-divergences)
- Minimum price delta % (filters tiny price differences)
- Context filters (mid/OB/OS/range regime gating)
- Selectable price source (High/Low, Close, HLC3)
### 4) MTF RSI Context Table + Alignment Score
A compact multi-timeframe table shows RSI values across up to 4 user-defined timeframes.
- Cell background reflects regime state per timeframe
- Alignment score counts how many TFs are in bullish regime (optionally includes CTF)
- Designed for **confluence checking** before acting on triggers
**Optional alerts:**
- **MTF Alignment Cross Up >= N**
- **MTF Alignment Cross Down < N**
(These alerts trigger on threshold **crosses**, not on persistent state.)
### 5) Status Header (Decision Navigator)
A compact header table to read the indicator state at a glance:
- Current RSI value
- Current regime (Bull/Bear/Neutral)
- Optional HTF RSI
- Alignment score + effective threshold N
- Mode flags (NR/RT, divergence preview status)
### 6) Optional RSI Signal Engines
If you want visual triggers in addition to context, you can enable one signal engine:
- **RSI Mid Cross** → clean regime/momentum flips around mid
- **RSI Pivot Break** → break of confirmed RSI pivot levels
- **RSI Pivot Trendline Break** → pivot-based RSI trendlines + break detection
**Additional controls:**
- Once-per-pivot firing (reduces duplicates)
- **Contrarian Regime Filter (MR)** → mean-reversion context filter:
- Longs only in Bear/Neutral
- Shorts only in Bull/Neutral
## How To Use (Ambitious Beginners)
### A) Start with Regime + Mid
- Use **Mid (50)** regime for a simple bullish/bearish read
- Watch how RSI behaves around mid during trends vs ranges
- Enable CTF background if you want quick visual guidance
### B) Learn with Confirmed Mode (NR)
- Enable **Confirmed Values** for stable readings
- This helps avoid confusing intrabar moves while learning
### C) Add MTF Table for Context
- Choose a logical TF progression (example: 4H / D / W / M)
- Use alignment score as a “do I have support?” check
- Avoid trading purely against higher timeframe alignment early on
### D) Use Divergence as a Setup, not an Entry
- Preview divergence = early hint (can vanish)
- Confirmed divergence = better quality
- Wait for your own trigger (price action / level / structure) before acting
**Beginner workflow suggestion:**
Regime + Confirmed Mode + MTF Table → only then add divergence/signal engine.
## How To Use (Advanced Traders)
### 1) Regime + MTF Alignment as a Bias Framework
- Use regime mode that matches market behavior:
- **Range (40/60)** for mean-reversion environments
- **Trend (20/80)** for strong directional phases
- Use alignment score to define “permission” for trades
- Track transitions: alignment improvement often matters more than absolute RSI
### 2) Divergence Quality Filtering
- Tighten filters (min deltas, distance constraints) for higher signal quality
- Use context filter:
- Bull only in OS or below mid
- Bear only in OB or above mid
- By Range Regime for mean-reversion systems
- Use confirmed divergence as **setup** + trigger via RSI pivot/TL breaks or price structure
### 3) Oscillator Structure Trading (Pivot Break / TL Break)
- Pivot break = momentum structure shift inside RSI
- Trendline break = early regime/momentum transition tool
- Once-per-pivot firing reduces noise in choppy conditions
### 4) Clean Monitoring Setup
- Status header on small size for continuous monitoring
- MTF table tiny/small for quick alignment scanning
- NR mode for stable alerting and post-close evaluation
## Alerts Included
- RSI mid cross up/down
- Bull/Bear divergence (classic/hidden/any) — confirmed
- Bull/Bear divergence — preview (optional)
- Signal long/short (from selected signal engine)
- Regime change (CTF and HTF)
- MTF alignment threshold cross up/down
## Notes / Important
- This indicator is a **context and analysis tool** — not a complete trading system.
- Divergence can fail, especially in strong trends. Treat it as a setup and use confirmation.
- RSI behavior varies by market and timeframe; use regime modes and filters to match the instrument.
- Always apply sound risk management. No indicator can replace execution discipline.
## Best Suited For
- Ambitious beginners who want structured RSI-based chart reading
- Discretionary traders who value context before entry
- Traders who combine oscillator structure + divergence + MTF confluence
- Users who prefer a clean RSI pane with optional advanced modules
RSI Suite (Foundation) is a RSI-based context toolkit. It combines a clean RSI pane with **regime detection**, optional **CTF/HTF regime background**, **MTF RSI alignment**, **pivot-based divergence (preview + confirmed)**, and optional **RSI signal engines** (mid-cross, pivot break, pivot trendline break).
The focus is on **structured market context, confluence, and decision support** — **not** on a “magic signal” system.
## Concept
Many traders use RSI as more than an overbought/oversold oscillator.
When used with clear thresholds, multi-timeframe context, and pivot structure, RSI becomes a compact framework for:
- Reading **bull/bear/neutral regimes**
- Spotting **momentum shifts** and **structure breaks** inside the oscillator
- Identifying **divergence setups** with confirmation logic
- Checking **alignment across timeframes** before acting
This script is designed to keep the RSI pane **clean** while adding **advanced context layers** you can enable only when needed.
## Core Modules
### 1) RSI Regime Engine (Bull / Bear / Neutral)
A configurable regime model that classifies RSI behavior into structured states.
**Regime modes:**
- **Mid (50)** → bullish above mid, bearish below
- **Range (40/60)** → neutral zone between 40–60
- **Trend (20/80)** → wide thresholds for strong momentum phases
- **Custom (low/high)** → user-defined thresholds
**Optional visualization:**
- **RSI plot color** changes by regime
- **Background regime shading** in the RSI pane (**CTF** or **HTF**)
### 2) Confirmed Values Mode (Non-Repainting)
A dedicated mode for users who want stable, confirmed values.
- **ON (recommended)** → uses confirmed bar values only (no intrabar updates)
- Helps avoid “visual repaint” effects while candles are still open
- HTF values still update on HTF candle close by design
### 3) RSI Divergence Suite (Pivot-Based)
A structured divergence engine based on pivots.
**Supported divergence types:**
- **Classic** (trend exhaustion style)
- **Hidden** (trend continuation style)
- **Both**
**Two detection layers:**
- **Preview** → early candidates (can invalidate)
- **Confirmed** → only after pivot confirmation (right-bars)
**Quality filters included:**
- Min/Max bars between pivots (distance constraints)
- Cooldown bars (reduces repetitive signals)
- Minimum RSI delta (filters micro-divergences)
- Minimum price delta % (filters tiny price differences)
- Context filters (mid/OB/OS/range regime gating)
- Selectable price source (High/Low, Close, HLC3)
### 4) MTF RSI Context Table + Alignment Score
A compact multi-timeframe table shows RSI values across up to 4 user-defined timeframes.
- Cell background reflects regime state per timeframe
- Alignment score counts how many TFs are in bullish regime (optionally includes CTF)
- Designed for **confluence checking** before acting on triggers
**Optional alerts:**
- **MTF Alignment Cross Up >= N**
- **MTF Alignment Cross Down < N**
(These alerts trigger on threshold **crosses**, not on persistent state.)
### 5) Status Header (Decision Navigator)
A compact header table to read the indicator state at a glance:
- Current RSI value
- Current regime (Bull/Bear/Neutral)
- Optional HTF RSI
- Alignment score + effective threshold N
- Mode flags (NR/RT, divergence preview status)
### 6) Optional RSI Signal Engines
If you want visual triggers in addition to context, you can enable one signal engine:
- **RSI Mid Cross** → clean regime/momentum flips around mid
- **RSI Pivot Break** → break of confirmed RSI pivot levels
- **RSI Pivot Trendline Break** → pivot-based RSI trendlines + break detection
**Additional controls:**
- Once-per-pivot firing (reduces duplicates)
- **Contrarian Regime Filter (MR)** → mean-reversion context filter:
- Longs only in Bear/Neutral
- Shorts only in Bull/Neutral
## How To Use (Ambitious Beginners)
### A) Start with Regime + Mid
- Use **Mid (50)** regime for a simple bullish/bearish read
- Watch how RSI behaves around mid during trends vs ranges
- Enable CTF background if you want quick visual guidance
### B) Learn with Confirmed Mode (NR)
- Enable **Confirmed Values** for stable readings
- This helps avoid confusing intrabar moves while learning
### C) Add MTF Table for Context
- Choose a logical TF progression (example: 4H / D / W / M)
- Use alignment score as a “do I have support?” check
- Avoid trading purely against higher timeframe alignment early on
### D) Use Divergence as a Setup, not an Entry
- Preview divergence = early hint (can vanish)
- Confirmed divergence = better quality
- Wait for your own trigger (price action / level / structure) before acting
**Beginner workflow suggestion:**
Regime + Confirmed Mode + MTF Table → only then add divergence/signal engine.
## How To Use (Advanced Traders)
### 1) Regime + MTF Alignment as a Bias Framework
- Use regime mode that matches market behavior:
- **Range (40/60)** for mean-reversion environments
- **Trend (20/80)** for strong directional phases
- Use alignment score to define “permission” for trades
- Track transitions: alignment improvement often matters more than absolute RSI
### 2) Divergence Quality Filtering
- Tighten filters (min deltas, distance constraints) for higher signal quality
- Use context filter:
- Bull only in OS or below mid
- Bear only in OB or above mid
- By Range Regime for mean-reversion systems
- Use confirmed divergence as **setup** + trigger via RSI pivot/TL breaks or price structure
### 3) Oscillator Structure Trading (Pivot Break / TL Break)
- Pivot break = momentum structure shift inside RSI
- Trendline break = early regime/momentum transition tool
- Once-per-pivot firing reduces noise in choppy conditions
### 4) Clean Monitoring Setup
- Status header on small size for continuous monitoring
- MTF table tiny/small for quick alignment scanning
- NR mode for stable alerting and post-close evaluation
## Alerts Included
- RSI mid cross up/down
- Bull/Bear divergence (classic/hidden/any) — confirmed
- Bull/Bear divergence — preview (optional)
- Signal long/short (from selected signal engine)
- Regime change (CTF and HTF)
- MTF alignment threshold cross up/down
## Notes / Important
- This indicator is a **context and analysis tool** — not a complete trading system.
- Divergence can fail, especially in strong trends. Treat it as a setup and use confirmation.
- RSI behavior varies by market and timeframe; use regime modes and filters to match the instrument.
- Always apply sound risk management. No indicator can replace execution discipline.
## Best Suited For
- Ambitious beginners who want structured RSI-based chart reading
- Discretionary traders who value context before entry
- Traders who combine oscillator structure + divergence + MTF confluence
- Users who prefer a clean RSI pane with optional advanced modules
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.