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RSI Divergence Indicator (Multi-Time Frame Confirmation)

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This custom-built RSI indicator blends traditional divergence detection with multi-timeframe trend confirmation, offering traders a smarter way to spot meaningful momentum shifts.
Release Notes
The indicator detects and visualizes potential trend reversals or continuations by analyzing:

RSI Divergences

Multi-timeframe RSI trend alignment

Momentum crossovers

Trend continuation zones (ribbons)

It combines price action with momentum behavior to help traders spot high-probability entry/exit points and understand the current trend state.
Release Notes
To identify high-probability trend reversals and momentum shifts using enhanced RSI signals, multi-timeframe context, and visual clarity.
Release Notes
To identify meaningful trend flips, momentum divergences, and RSI cross confirmations across multiple timeframes — with filters to reduce noise and false signals.

⚙️ Main Components:
✅ 1. RSI & Composite RSI

RSI: Classic oscillator using your selected source and period (default: 9, high)

Composite RSI: Blends RSI from 3 user-defined timeframes (default: 4H, 1D, 1W) with customizable weights

✅ 2. Trend Ribbon

Background fills between RSI 30–70

Green frame: Last valid cross was bullish

Red frame: Last valid cross was bearish

Purple frame: Optional flip alerts (currently with price confirmation)

✅ 3. Flip Alerts

Signals a potential trend change when:

RSI crosses Composite RSI

RSI and Composite RSI are at least 3 points apart

RSI has momentum (slope > 0.4)

AND the price confirms (e.g., green flip = close > previous high)

🔔 Optional visual “Flip” label at RSI value 90

✅ 4. Divergence Detection

Detects:

Regular Bullish/Bearish Divergences

Hidden Bullish/Bearish Divergences
Based on RSI pivots and price action

✅ 5. Dynamic Overbought/Oversold Zones

Highlights RSI values above 70 (green tint) and below 30 (red tint)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.