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.
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.