New Age RSI [R4D1]

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New Age [R4D1] - Clean RSI with Dynamic Clouds

⚠️ BETA VERSION - Currently in testing phase. Feedback welcome!

A visually enhanced RSI indicator with beautiful gradient clouds, dynamic colors, and an informative dashboard.

🎯 FEATURES:
- Dynamic cloud intensity - glows stronger at extremes
- Gradient RSI line - color changes based on value
- Fill between RSI and midline (50)
- Clean buy/sell signals at zone exits
- Real-time dashboard with trend & momentum
- Fully customizable colors and levels

📊 SIGNALS:
- 🟢 BUY: RSI crosses above oversold level (exits oversold)
- 🔴 SELL: RSI crosses below overbought level (exits overbought)

🎨 VISUAL ELEMENTS:
- Red cloud (70-100): Overbought zone - intensity increases as RSI rises
- Green cloud (0-30): Oversold zone - intensity increases as RSI falls
- Gray zone (30-70): Neutral area
- Gradient line: Green (oversold) → Red (overbought)
- Fill to midline: Shows momentum direction

💡 DASHBOARD SHOWS:
- RSI value with colored background
- RSI MA (14-period moving average)
- Zone status (Overbought/Oversold/Neutral)
- Trend direction (Bullish/Bearish)
- Momentum strength (Strong/Rising/Fading)

⚙️ SETTINGS:
- RSI Length (default: 14)
- Overbought level (default: 70)
- Oversold level (default: 30)
- Bull/Bear colors

📈 CHART TYPE SETTINGS:
- Heikin Ashi charts: Set source to "(O + H + L + C) / 4"
- Normal candles: Set source to "Close"

Works perfectly with Supertrend, MACD, and StochRSI for confirmation signals.

🔧 This indicator is in active development. Please report any bugs or suggestions!

12 godzin temu

Informacje o Wersji

█ NEW AGE RSI [R4D1] 🚀

A modern, visually enhanced RSI indicator featuring dynamic glowing clouds, smart signal detection, and fully customizable zones. Designed for traders who want clean aesthetics with powerful functionality.


█ FEATURES ✨

🔮 Dynamic Glow Clouds - Clouds intensify as RSI goes deeper into extreme zones
⚡ Extreme Levels (20/80) - Additional levels for high-probability signals
🎯 STRONG/WEAK Signals - Smart signal system based on zone settings
🔀 Separate Zone Control - Enable/disable Overbought and Oversold independently
📊 RSI Bollinger Bands - Optional BB overlay for overextension detection
📈 Stochastic RSI - Optional Stoch RSI overlay for confirmation
🔄 Divergence Detection - Automatic bullish/bearish divergence markers
📋 Elegant Dashboard - Real-time RSI stats, trend, momentum & signals


█ SIGNAL LOGIC 🎯

✅ When Extreme Zones ENABLED:
🟢 STRONG BUY → RSI crosses above 20 (exit extreme oversold)
🔴 STRONG SELL → RSI crosses below 80 (exit extreme overbought)

⚠️ When Extreme Zones DISABLED:
🟢 WEAK BUY → RSI crosses above 30 (exit oversold)
🔴 WEAK SELL → RSI crosses below 70 (exit overbought)


█ CLOUD BEHAVIOR ☁️

Warning Zones (Always Visible):
🔴 70-80 → Light red tint (overbought warning)
🔵 20-30 → Light cyan tint (oversold warning)

Extreme Zones (Dynamic Glow):
💡 The deeper RSI goes into extreme territory, the brighter the cloud glows!
RSI @ 80 → Cloud appears | RSI @ 95 → Cloud GLOWS bright 🔥
RSI @ 20 → Cloud appears | RSI @ 5 → Cloud GLOWS bright 🔥


█ IMPORTANT: SOURCE SETTINGS ⚙️

The "Source" setting determines which price data RSI uses.
Choose the correct source based on your chart type:

📊 NORMAL CANDLES:
Source: close (default)
✓ Uses the closing price of each candle
✓ Most common and accurate for standard charts

📊 HEIKIN ASHI CANDLES:
Source: ohlc4
✓ Formula: (Open + High + Low + Close) / 4
✓ Uses the average price of HA candles
✓ Creates smoother RSI readings
✓ Better suited for trend following

💡 Quick Guide:
Normal Candles → Select "close"
Heikin Ashi → Select "ohlc4" or "(O + H + L + C) / 4"


█ SETTINGS 🛠️

Zones:
☁️ Show Clouds - Dynamic glowing clouds in OB/OS zones
🔴 Enable Overbought Zone - Show 70/80 lines + STRONG SELL signals
🔵 Enable Oversold Zone - Show 20/30 lines + STRONG BUY signals

Display:
📊 Show RSI Fill to Midline
⬜ Show Neutral Zone (Gray)
📋 Show Dashboard
🔄 Show Divergence

Extras:
📉 RSI Bollinger Bands
📈 Stochastic RSI


█ CHART TYPE RECOMMENDATIONS 📈

📊 Normal Candles + Source: close
✓ Most accurate RSI readings
✓ More signals, faster response
✓ Best for: Scalping, Day Trading

📊 Heikin Ashi + Source: ohlc4
✓ Smoother RSI line
✓ Fewer false signals
✓ Best for: Swing Trading, Position Trading

| Style | Chart Type | Source | Extreme Levels |
|------------------|---------------|--------|----------------|
| Scalping | Normal | close | 15/85 |
| Day Trading | Normal | close | 20/80 |
| Swing Trading | Heikin Ashi | ohlc4 | 20/80 |
| Position Trading | Heikin Ashi | ohlc4 | 25/75 |


█ ALERTS 🔔

🟢 STRONG BUY - RSI crosses above 20
🔴 STRONG SELL - RSI crosses below 80
🟢 WEAK BUY - RSI crosses above 30
🔴 WEAK SELL - RSI crosses below 70
💎 Bull Divergence
💎 Bear Divergence


█ USAGE TIPS 💡

📈 Long-Only Trading: Disable Overbought Zone → Only see BUY signals
📉 Short-Only Trading: Disable Oversold Zone → Only see SELL signals
🧹 Clean Chart: Disable clouds, keep only signals
🔍 Extra Confirmation: Enable Divergence + BB for confluence


█ WHAT'S NEW IN V2 🆕

✨ Dynamic intensity clouds (glow effect)
🎯 Smart STRONG/WEAK signal system
🔀 Separate Overbought/Oversold zone control
📏 Lines linked to zone settings
⚡ Optimized & compact code
📋 Elegant dashboard with cyan frame


█ DASHBOARD INFO 📊

| Field | Description |
|-----------|------------------------------------------------|
| Value | Current RSI value (color-coded) |
| Average | RSI Moving Average (14) |
| Zone | Extreme OB / Overbought / Neutral / Oversold / Extreme OS |
| Trend | Bullish / Bearish (RSI vs MA) |
| Momentum | Strong Up / Rising / Falling / Strong Down |
| Bollinger | Above BB / In Range / Below BB |
| Signal | Strong Buy / Strong Sell / Weak Buy / Weak Sell / Bull Div / Bear Div |


█ SIGNAL DISPLAY 📡

The Signal field shows the current trading signal:

| Signal | Trigger | Color |
|-------------|----------------------------------|-------|
| Strong Buy | RSI crosses above 20 | 🟢 |
| Strong Sell | RSI crosses below 80 | 🔴 |
| Weak Buy | RSI crosses above 30 (zone OFF) | 🟢 |
| Weak Sell | RSI crosses below 70 (zone OFF) | 🔴 |
| Bull Div | Bullish divergence detected | 🟢 |
| Bear Div | Bearish divergence detected | 🔴 |
| — | No active signal | ⚫ |


If you find this indicator useful, please leave a 👍 and follow for more updates!

Happy Trading! 🚀📈

12 godzin temu

Informacje o Wersji

V3 Update = Glowing Neon Lines