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RSI with ADX Rising Oscillator (MTF)

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This Pine Script v6 indicator combines RSI (Relative Strength Index) with an ADX Rising Oscillator, along with optional divergence detection and multi-timeframe support.

Multi-Timeframe Support: The script allows you to analyze RSI and ADX from different timeframes (default 60 minutes) while viewing on your current chart timeframe.
RSI Analysis:

Standard 14-period RSI calculation with customizable source and length
Visual zones for overbought (70+) and oversold (30-) conditions
Optional smoothing with various moving averages (SMA, EMA, etc.) and Bollinger Bands
Bullish/bearish divergence detection with alerts

ADX Rising Oscillator:

Uses ADX (Average Directional Index) to measure trend strength
Creates an oscillator that only shows values when ADX is rising (indicating strengthening trend)
Colors the oscillator based on RSI direction (green for rising RSI, red for falling RSI)
Shows positive values when DI+ > DI- (bullish bias) and negative when DI- > DI+ (bearish bias)

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.