OPEN-SOURCE SCRIPT
Adaptive RSI Oscillator
📌 Adaptive RSI Oscillator
This indicator transforms the classic RSI into a fully adaptive, self-optimizing oscillator — normalized between -1 and 1, dynamically smoothed, and enhanced with divergence detection.
🔧 Key Features
Self-Optimizing RSI: Automatically selects the optimal RSI lookback length based on return stability (no hardcoded periods).
Dynamic Smoothing: Adapts to market conditions using a fraction of the optimized length.
Normalized Output [-1, 1]: Converts traditional RSI to a consistent scale across all assets and timeframes.
Divergence Detection: Compares RSI behavior vs. price percentile ranks and scales the signal accordingly.
Gradient Visualization: Color-coded background and plot lines reflect the strength and direction of the signal with soft transitions.
Neutral Zone Adaptation: Dynamically widens or narrows the zone of inaction based on volatility, reducing noise.
🎯 Use Cases
Identify extreme momentum zones without relying on fixed 70/30 RSI levels
Detect divergences early with adaptive filtering
Highlight potential exhaustion or continuation
⚠️ Disclaimer: This indicator is for informational and educational purposes only. It does not constitute financial advice or a recommendation to buy or sell any security. Always conduct your own research and consult a licensed financial advisor before making investment decisions. Use at your own risk.
This indicator transforms the classic RSI into a fully adaptive, self-optimizing oscillator — normalized between -1 and 1, dynamically smoothed, and enhanced with divergence detection.
🔧 Key Features
Self-Optimizing RSI: Automatically selects the optimal RSI lookback length based on return stability (no hardcoded periods).
Dynamic Smoothing: Adapts to market conditions using a fraction of the optimized length.
Normalized Output [-1, 1]: Converts traditional RSI to a consistent scale across all assets and timeframes.
Divergence Detection: Compares RSI behavior vs. price percentile ranks and scales the signal accordingly.
Gradient Visualization: Color-coded background and plot lines reflect the strength and direction of the signal with soft transitions.
Neutral Zone Adaptation: Dynamically widens or narrows the zone of inaction based on volatility, reducing noise.
🎯 Use Cases
Identify extreme momentum zones without relying on fixed 70/30 RSI levels
Detect divergences early with adaptive filtering
Highlight potential exhaustion or continuation
⚠️ Disclaimer: This indicator is for informational and educational purposes only. It does not constitute financial advice or a recommendation to buy or sell any security. Always conduct your own research and consult a licensed financial advisor before making investment decisions. Use at your own risk.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.