OPEN-SOURCE SCRIPT
RCI Quad Extreme Cross
RCI Quad Extreme Cross – Indicator Description
RCI Quad Extreme Cross is a technical analysis indicator designed to detect
potential trend transitions and momentum shifts by monitoring four RCI (Rank Correlation Index) lines simultaneously.
This indicator focuses on convergence and near-cross behavior rather than direct buy/sell signals.
🔹 Core Concept
Displays four RCIs with different periods (short to long term)
Each RCI line is color-coded for clarity
Standard reference levels at +80 / 0 / −80 help identify overbought and oversold conditions
🔹 Dot (Event) Signal Logic
A dot appears when all of the following conditions are met:
Multiple RCI cross events occur within a short bar range
All four RCIs converge within a defined range
The dot is plotted at the average value of the four RCIs
This condition often appears:
Before trend reversals
Prior to range breakouts
During volatility compression / energy buildup phases
⚠️ This is not a direct entry signal, but a contextual alert.
🔹 How to Use
A dot indicates a potential market inflection zone
Combine with:
Price action
Trend direction
Higher timeframe structure
Dots near extreme levels (+80 / −80) or on higher timeframes tend to be more significant
🔹 Best Use Cases
Trend transition awareness
Breakout preparation analysis
Entry filtering and false-signal reduction
⚠ Disclaimer
This indicator is intended for analysis and decision support only.
Always apply proper risk management and confirm signals with your own trading strategy.
RCI Quad Extreme Cross is a technical analysis indicator designed to detect
potential trend transitions and momentum shifts by monitoring four RCI (Rank Correlation Index) lines simultaneously.
This indicator focuses on convergence and near-cross behavior rather than direct buy/sell signals.
🔹 Core Concept
Displays four RCIs with different periods (short to long term)
Each RCI line is color-coded for clarity
Standard reference levels at +80 / 0 / −80 help identify overbought and oversold conditions
🔹 Dot (Event) Signal Logic
A dot appears when all of the following conditions are met:
Multiple RCI cross events occur within a short bar range
All four RCIs converge within a defined range
The dot is plotted at the average value of the four RCIs
This condition often appears:
Before trend reversals
Prior to range breakouts
During volatility compression / energy buildup phases
⚠️ This is not a direct entry signal, but a contextual alert.
🔹 How to Use
A dot indicates a potential market inflection zone
Combine with:
Price action
Trend direction
Higher timeframe structure
Dots near extreme levels (+80 / −80) or on higher timeframes tend to be more significant
🔹 Best Use Cases
Trend transition awareness
Breakout preparation analysis
Entry filtering and false-signal reduction
⚠ Disclaimer
This indicator is intended for analysis and decision support only.
Always apply proper risk management and confirm signals with your own trading strategy.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.