OPEN-SOURCE SCRIPT
Aggiornato RX: Dual RSI Fusion 14/50 Compression Framework
## RX: Dual RSI Fusion 14/50 Compression Framework
Is an advanced momentum framework designed to identify potential market exhaustion, compression phases, and high-probability reversal conditions by combining two Relative Strength Index structures into a single analytical model.
Unlike traditional RSI indicators that rely on a single momentum source, this framework integrates both a fast RSI (14-period by default) and a slow RSI (50-period by default) to provide a multi-layer view of market behavior.
### Core Concepts
• **Fast RSI (14):** Captures immediate momentum shifts, short-term exhaustion, and early divergence signals.
• **Slow RSI (50):** Represents the underlying market structure and helps identify broader momentum regimes.
• **Dynamic Compression Engine:** Measures the convergence between moving averages applied to the fast RSI, highlighting periods where momentum becomes increasingly compressed and potentially preparing for expansion.
• **Exhaustion Detection:** The indicator is specifically designed to monitor the sequence of events frequently observed near market turning points, including divergence development, momentum contraction, and structural breakout.
### Features
✔ Dual RSI architecture (Fast + Slow)
✔ Configurable moving averages applied directly to RSI values
✔ Compression detection between fast RSI moving averages
✔ Divergence memory engine with customizable validity period
✔ Momentum Delta histogram (Fast RSI - Slow RSI)
✔ Structural breakout detection from RSI compression zones
✔ Background state visualization for market context
✔ Alert conditions for potential exhaustion breakouts
### Interpretation
The framework is based on the premise that important market reversals are rarely caused by a single event. Instead, reversals often emerge from a succession of conditions:
1. Momentum divergence appears.
2. RSI structure begins to compress.
3. Market enters an exhaustion phase.
4. Fast momentum escapes the compression structure.
5. Expansion begins.
The indicator seeks to visualize this process and provide objective confirmation of potential exhaustion scenarios.
### Notes
This tool should not be interpreted as a standalone buy or sell system. It is intended to be used as a market structure and momentum exhaustion framework, ideally combined with price action, liquidity analysis, volume, or higher timeframe context.
Developed as part of the SXA analytical ecosystem by Peter_n_n
Is an advanced momentum framework designed to identify potential market exhaustion, compression phases, and high-probability reversal conditions by combining two Relative Strength Index structures into a single analytical model.
Unlike traditional RSI indicators that rely on a single momentum source, this framework integrates both a fast RSI (14-period by default) and a slow RSI (50-period by default) to provide a multi-layer view of market behavior.
### Core Concepts
• **Fast RSI (14):** Captures immediate momentum shifts, short-term exhaustion, and early divergence signals.
• **Slow RSI (50):** Represents the underlying market structure and helps identify broader momentum regimes.
• **Dynamic Compression Engine:** Measures the convergence between moving averages applied to the fast RSI, highlighting periods where momentum becomes increasingly compressed and potentially preparing for expansion.
• **Exhaustion Detection:** The indicator is specifically designed to monitor the sequence of events frequently observed near market turning points, including divergence development, momentum contraction, and structural breakout.
### Features
✔ Dual RSI architecture (Fast + Slow)
✔ Configurable moving averages applied directly to RSI values
✔ Compression detection between fast RSI moving averages
✔ Divergence memory engine with customizable validity period
✔ Momentum Delta histogram (Fast RSI - Slow RSI)
✔ Structural breakout detection from RSI compression zones
✔ Background state visualization for market context
✔ Alert conditions for potential exhaustion breakouts
### Interpretation
The framework is based on the premise that important market reversals are rarely caused by a single event. Instead, reversals often emerge from a succession of conditions:
1. Momentum divergence appears.
2. RSI structure begins to compress.
3. Market enters an exhaustion phase.
4. Fast momentum escapes the compression structure.
5. Expansion begins.
The indicator seeks to visualize this process and provide objective confirmation of potential exhaustion scenarios.
### Notes
This tool should not be interpreted as a standalone buy or sell system. It is intended to be used as a market structure and momentum exhaustion framework, ideally combined with price action, liquidity analysis, volume, or higher timeframe context.
Developed as part of the SXA analytical ecosystem by Peter_n_n
Note di rilascio
After a few days, I've improved the visibility of the alerts, both visually and in the way the average system works. I hope you enjoy it and find it useful, and any comments you have are welcome.Note di rilascio
Bug error...Note di rilascio
Hull Best MA for RSI 14Note di rilascio
Integration of 2 filters, one for divergences and another for trends with their best configurations so far, I hope you can tell me if there are any improvements.Note di rilascio
I have determined that under many scenarios it doesn't make much sense to have a "T" signal in the end there are other ways to measure acceleration the "T" signal will remain available but deactivated by default, parameters were added to detect divergences of both RSI and MACD.Note di rilascio
I created a single alert to avoid having to set multiple alerts for each situation and slightly changed the coloring of the delta histogram.Note di rilascio
An adjustment was made to the compression measurement so that it is based on delta and not on moving averages.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.