RSI Pro+ — Divergence, Adaptive Bands & MTF
Full guide for RSI Pro+ — adaptive percentile OB/OS bands, the automatic regular/hidden divergence engine, the multi-timeframe RSI dashboard, settings, alerts, and best practices.
1) Getting Started
How do I add the indicator to my chart?
On TradingView, go to Indicators → Invite-only scripts → RSI Pro+ | Divergence + Adaptive Bands + MTF (Quantzee).
If you don’t see it, ensure your TradingView username has been granted access after subscribing.
Which markets and timeframes does it support?
Works on all symbols and all timeframes — stocks, indices, futures, forex, and crypto. The multi-timeframe dashboard requests data with lookahead off, so it never peeks into the future.
2) Core Concept
What makes RSI Pro+ different from the built-in RSI?
The underlying oscillator is Wilder’s classic RSI, but RSI Pro+ adds three layers the built-in version does not have:
- Adaptive OB/OS bands — percentile-based, so they move with the market regime.
- An automatic divergence engine — draws regular and hidden, bullish and bearish divergences.
- A multi-timeframe RSI dashboard — live RSI and status across five timeframes.
What are adaptive OB/OS bands?
Instead of fixed 70/30 lines, the overbought and oversold levels are computed as rolling percentiles of the RSI’s own recent distribution — by default the 90th percentile (overbought) and 10th percentile (oversold) over the last 200 bars.
- In strong uptrends, the overbought band automatically rises.
- In downtrends, it falls.
This reduces the classic problem of RSI staying “overbought” through an entire trend. Static 70/30 levels remain available as a toggle.
3) The Divergence Engine
How are divergences detected?
The engine uses pivot-based logic. A divergence requires two confirmed RSI pivots within a configurable bar range (min/max bars between pivots), with price and RSI disagreeing in direction. Each detection is drawn as a connecting line plus a label.
What is the difference between regular and hidden divergence?
| Type | Price | RSI | Meaning |
|---|---|---|---|
| Regular Bullish | Lower low | Higher low | Potential reversal up |
| Regular Bearish | Higher high | Lower high | Potential reversal down |
| Hidden Bullish | Higher low | Lower low | Trend continuation (up) |
| Hidden Bearish | Lower high | Higher high | Trend continuation (down) |
Regular divergences signal potential reversals; hidden divergences signal potential trend continuation. Hidden divergences are off by default — enable them in settings.
4) Multi-Timeframe Dashboard
A compact table shows the live RSI reading and overbought/oversold status across five user-selectable timeframes, so you can check higher-timeframe momentum confluence without switching charts.
Note: the table uses the classic 70/30 thresholds for status, since percentile bands are chart-timeframe specific.
Use it to avoid counter-trend trades — e.g. skip bearish divergences on a 5-minute chart when the 1-hour and 4-hour RSI are both rising and far from overbought.
5) Non-Repainting Behavior
Do the signals repaint?
No forward repainting.
- Pivots confirm “Pivot Lookback Right” bars (default 5) after the actual high/low forms — this is inherent to pivot detection and is the honest trade-off for signals that never repaint.
- Once a divergence line or label is printed, it stays.
- Multi-timeframe data is requested with lookahead off.
For alerts, “Once per bar close” is the recommended trigger setting.
6) Settings
- RSI Core: length and source.
- Adaptive OB/OS Bands: toggle adaptive mode, percentile lookback, percentile levels, static fallback levels.
- Divergence Engine: toggle regular/hidden separately, pivot left/right lookback, min/max bars between pivots.
- Multi-Timeframe Dashboard: toggle, table position, five timeframes.
7) Alerts
Six alert conditions are available:
- Regular bullish divergence
- Regular bearish divergence
- Hidden bullish divergence
- Hidden bearish divergence
- RSI exiting overbought
- RSI exiting oversold
Set them with “Once per bar close” for confirmed signals. Alerts can be routed to email, mobile push, or webhooks for automation.
8) Best Practices
- Reversals: Regular bullish divergence near or below the adaptive oversold band = potential exhaustion of a down-move. Regular bearish divergence near the adaptive overbought band = potential exhaustion of an up-move.
- Continuation: Trade hidden divergences with the higher-timeframe trend shown in the dashboard.
- Read momentum fast: The background highlight marks bars where RSI is beyond the adaptive bands; the gradient color of the RSI line gives a quick visual read of momentum direction.
- Filter risk: Use the MTF table to avoid signals against the dominant higher-timeframe momentum.
9) Notes
RSI Pro+ is a technical analysis tool, not financial advice and not a complete trading system. Always combine it with your own risk management. Works on all symbols and timeframes.