OPEN-SOURCE SCRIPT
Dual RSI + MA + Divergences
# Dual RSI PRO — Indicator Description
## Overview
Dual RSI PRO is an advanced momentum and divergence indicator built around two Relative Strength Index calculations working together in a single oscillator window.
The indicator combines:
* RSI 14 (trend and structure)
* RSI 7 (fast momentum trigger)
* RSI-based Moving Average
* Optional Bollinger Bands on RSI
* Automatic bullish and bearish divergence detection
* Dynamic gradient visualization between both RSI lines
* Alert conditions for all divergences
The purpose of the indicator is to visualize the relationship between short-term momentum and broader market structure.
---
# Core Components
## 1. RSI 14 — Primary Momentum Structure
The 14-period RSI acts as the main trend and momentum reference.
It provides:
* smoother market structure
* trend confirmation
* overbought/oversold context
* divergence validation
Color:
* Purple
---
## 2. RSI 7 — Fast Momentum Trigger
The 7-period RSI reacts much faster to price changes.
It is designed for:
* early reversals
* scalping entries
* short-term momentum shifts
* aggressive divergence detection
Color:
* Orange
Because RSI 7 reacts earlier than RSI 14, it often provides leading signals before the slower RSI confirms the move.
---
# Dynamic Gradient Fill
The space between RSI 7 and RSI 14 is filled dynamically using a gradient color system.
## Green Gradient
Appears when:
* RSI 7 is above RSI 14
Interpretation:
* bullish acceleration
* increasing momentum
* upward pressure strengthening
---
## Red Gradient
Appears when:
* RSI 7 is below RSI 14
Interpretation:
* bearish acceleration
* weakening momentum
* downward pressure strengthening
---
## Gradient Intensity
The strength of the color depends on the distance between both RSI lines.
### Small Distance
* weak transparency
* soft color
* momentum equilibrium
### Large Distance
* strong color
* higher saturation
* momentum expansion
This creates a visual momentum heatmap directly inside the oscillator.
---
# RSI-Based Moving Average
The indicator includes a smoothing system applied directly to RSI 14.
Supported MA types:
* SMA
* EMA
* RMA / SMMA
* WMA
* VWMA
* SMA + Bollinger Bands
The RSI MA helps:
* reduce noise
* identify RSI trend direction
* confirm momentum continuation
* filter false reversals
Color:
* Yellow
---
# Bollinger Bands on RSI
When enabled, Bollinger Bands are calculated around the RSI Moving Average.
Purpose:
* volatility expansion analysis
* RSI compression detection
* momentum breakout zones
Interpretation:
* RSI touching upper band may indicate strong bullish momentum
* RSI touching lower band may indicate strong bearish momentum
* narrowing bands suggest consolidation
* expanding bands suggest volatility growth
---
# Divergence Detection
The indicator automatically detects:
## Bullish Divergence
Price:
* lower low
RSI:
* higher low
Meaning:
* bearish momentum weakening
* possible upward reversal
---
## Bearish Divergence
Price:
* higher high
RSI:
* lower high
Meaning:
* bullish momentum weakening
* possible downward reversal
---
# Divergences for Both RSI Lines
The system calculates divergences separately for:
* RSI 14
* RSI 7
This creates two layers of signal sensitivity.
---
## RSI 14 Divergences
Characteristics:
* slower
* more reliable
* structural reversals
* swing trading quality
Visualization:
* labels
---
## RSI 7 Divergences
Characteristics:
* faster
* earlier
* more aggressive
* better for scalping
Visualization:
* triangles
---
# Alert System
Built-in alerts include:
* RSI 14 bullish divergence
* RSI 14 bearish divergence
* RSI 7 bullish divergence
* RSI 7 bearish divergence
This allows automation and notification workflows inside TradingView.
---
# Typical Trading Interpretation
## Strong Bullish Environment
* RSI 7 above RSI 14
* strong green gradient
* RSI MA sloping upward
* bullish divergences appearing
---
## Strong Bearish Environment
* RSI 7 below RSI 14
* strong red gradient
* RSI MA sloping downward
* bearish divergences appearing
---
## Momentum Compression
* RSI lines close together
* weak gradient
* narrowing Bollinger Bands
Usually indicates:
* consolidation
* low volatility
* possible breakout preparation
---
# Best Use Cases
The indicator works especially well for:
* scalping
* momentum trading
* intraday trading
* reversal detection
* divergence trading
* volatility expansion analysis
Recommended markets:
* Nasdaq
* Crypto
* Forex
* High-volatility instruments
---
# Visual Philosophy
The indicator is designed to work as a “momentum battlefield map.”
Instead of showing only a single RSI line, it visualizes:
* momentum direction
* acceleration
* distance between momentum layers
* structural weakness
* volatility state
* reversal probability
All inside one compact oscillator.
## Overview
Dual RSI PRO is an advanced momentum and divergence indicator built around two Relative Strength Index calculations working together in a single oscillator window.
The indicator combines:
* RSI 14 (trend and structure)
* RSI 7 (fast momentum trigger)
* RSI-based Moving Average
* Optional Bollinger Bands on RSI
* Automatic bullish and bearish divergence detection
* Dynamic gradient visualization between both RSI lines
* Alert conditions for all divergences
The purpose of the indicator is to visualize the relationship between short-term momentum and broader market structure.
---
# Core Components
## 1. RSI 14 — Primary Momentum Structure
The 14-period RSI acts as the main trend and momentum reference.
It provides:
* smoother market structure
* trend confirmation
* overbought/oversold context
* divergence validation
Color:
* Purple
---
## 2. RSI 7 — Fast Momentum Trigger
The 7-period RSI reacts much faster to price changes.
It is designed for:
* early reversals
* scalping entries
* short-term momentum shifts
* aggressive divergence detection
Color:
* Orange
Because RSI 7 reacts earlier than RSI 14, it often provides leading signals before the slower RSI confirms the move.
---
# Dynamic Gradient Fill
The space between RSI 7 and RSI 14 is filled dynamically using a gradient color system.
## Green Gradient
Appears when:
* RSI 7 is above RSI 14
Interpretation:
* bullish acceleration
* increasing momentum
* upward pressure strengthening
---
## Red Gradient
Appears when:
* RSI 7 is below RSI 14
Interpretation:
* bearish acceleration
* weakening momentum
* downward pressure strengthening
---
## Gradient Intensity
The strength of the color depends on the distance between both RSI lines.
### Small Distance
* weak transparency
* soft color
* momentum equilibrium
### Large Distance
* strong color
* higher saturation
* momentum expansion
This creates a visual momentum heatmap directly inside the oscillator.
---
# RSI-Based Moving Average
The indicator includes a smoothing system applied directly to RSI 14.
Supported MA types:
* SMA
* EMA
* RMA / SMMA
* WMA
* VWMA
* SMA + Bollinger Bands
The RSI MA helps:
* reduce noise
* identify RSI trend direction
* confirm momentum continuation
* filter false reversals
Color:
* Yellow
---
# Bollinger Bands on RSI
When enabled, Bollinger Bands are calculated around the RSI Moving Average.
Purpose:
* volatility expansion analysis
* RSI compression detection
* momentum breakout zones
Interpretation:
* RSI touching upper band may indicate strong bullish momentum
* RSI touching lower band may indicate strong bearish momentum
* narrowing bands suggest consolidation
* expanding bands suggest volatility growth
---
# Divergence Detection
The indicator automatically detects:
## Bullish Divergence
Price:
* lower low
RSI:
* higher low
Meaning:
* bearish momentum weakening
* possible upward reversal
---
## Bearish Divergence
Price:
* higher high
RSI:
* lower high
Meaning:
* bullish momentum weakening
* possible downward reversal
---
# Divergences for Both RSI Lines
The system calculates divergences separately for:
* RSI 14
* RSI 7
This creates two layers of signal sensitivity.
---
## RSI 14 Divergences
Characteristics:
* slower
* more reliable
* structural reversals
* swing trading quality
Visualization:
* labels
---
## RSI 7 Divergences
Characteristics:
* faster
* earlier
* more aggressive
* better for scalping
Visualization:
* triangles
---
# Alert System
Built-in alerts include:
* RSI 14 bullish divergence
* RSI 14 bearish divergence
* RSI 7 bullish divergence
* RSI 7 bearish divergence
This allows automation and notification workflows inside TradingView.
---
# Typical Trading Interpretation
## Strong Bullish Environment
* RSI 7 above RSI 14
* strong green gradient
* RSI MA sloping upward
* bullish divergences appearing
---
## Strong Bearish Environment
* RSI 7 below RSI 14
* strong red gradient
* RSI MA sloping downward
* bearish divergences appearing
---
## Momentum Compression
* RSI lines close together
* weak gradient
* narrowing Bollinger Bands
Usually indicates:
* consolidation
* low volatility
* possible breakout preparation
---
# Best Use Cases
The indicator works especially well for:
* scalping
* momentum trading
* intraday trading
* reversal detection
* divergence trading
* volatility expansion analysis
Recommended markets:
* Nasdaq
* Crypto
* Forex
* High-volatility instruments
---
# Visual Philosophy
The indicator is designed to work as a “momentum battlefield map.”
Instead of showing only a single RSI line, it visualizes:
* momentum direction
* acceleration
* distance between momentum layers
* structural weakness
* volatility state
* reversal probability
All inside one compact oscillator.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.