RSI + TSV Kombi

4 hari lalu

📊 RSI + TSV Combo Indicator (Intraday Reversal Tool)
This custom TradingView indicator is designed for intraday traders who want to combine price momentum (via RSI) with volume-based confirmation (via TSV). It’s particularly powerful for spotting short-term reversals around key market zones like VWAP, support/resistance, or options levels.

🧠 What does the Indicator show?
The indicator contains two elements in one pane:

🔹 Top Line – RSI (Relative Strength Index)
Type: RSI(7) – a short-term version of the classic RSI

Color-coded:

🟢 Green when RSI < 30 → potential oversold → bullish bias

🔴 Red when RSI > 70 → potential overbought → bearish bias

⚪ Gray in between → neutral

🔎 Purpose: Identifies overextended price moves — early warning for possible reversal zones.

🔸 Bottom Bars – TSV (Time Segmented Volume)
Formula: EMA(change(close) * volume, 9)

Color-coded histogram:

🟢 Green when TSV > 0 → bullish volume momentum

🔴 Red when TSV < 0 → bearish volume momentum

🔎 Purpose: Confirms whether price moves are supported by actual volume — helps filter false signals from RSI.

⚖️ How to Interpret the Indicator
✅ Long Setup
RSI is below 30 (green line)

TSV bars turn green or cross above 0

Ideally at a support level or near VWAP

➡️ Buy signal confirmed by volume

❌ Short Setup
RSI above 70 (red line)

TSV bars are red or turning red

Ideally at a resistance zone or VWAP deviation

➡️ Sell signal confirmed by selling pressure

⚠️ Avoid trades when...
RSI is oversold/overbought, but TSV disagrees
(e.g. RSI < 30 but TSV is red → weak confirmation)

🧭 Practical Usage in Intraday Trading (e.g. 5-minute chart)
Step What to look for
Setup Zone RSI hits extreme level (under 30 or above 70)
Volume Confirmation TSV bars flip color (red → green or vice versa)
Entry Price breaks candle high/low with volume support
Exit VWAP, volume node, or next support/resistance zone

🔧 Options for Expansion
This script is already running cleanly, but you could easily extend it with:

📍 Buy/Sell Arrows on chart when both RSI + TSV align

🔔 Alerts for instant trade triggers

💡 Overlay version that places symbols directly on the price chart

🔒 Filter to only show signals above/below VWAP

Let me know — I can build any of these for you.

✅ Summary
This RSI + TSV Combo is a simple yet powerful tool to:

Spot momentum reversals

Confirm trades with volume

Stay disciplined and rule-based in fast-moving intraday setups

It’s especially useful when combined with:

VWAP

Volume Profile Zones (HVNs/LVNs)

Key psychological or options levels

4 hari lalu

Nota Keluaran

📊 RSI + TSV Combo Indicator (Intraday Reversal Tool)
This custom TradingView indicator is designed for intraday traders who want to combine price momentum (via RSI) with volume-based confirmation (via TSV). It’s particularly powerful for spotting short-term reversals around key market zones like VWAP, support/resistance, or options levels.

🧠 What does the Indicator show?
The indicator contains two elements in one pane:

🔹 Top Line – RSI (Relative Strength Index)
Type: RSI(7) – a short-term version of the classic RSI

Color-coded:

🟢 Green when RSI < 30 → potential oversold → bullish bias

🔴 Red when RSI > 70 → potential overbought → bearish bias

⚪ Gray in between → neutral

🔎 Purpose: Identifies overextended price moves — early warning for possible reversal zones.

🔸 Bottom Bars – TSV (Time Segmented Volume)
Formula: EMA(change(close) * volume, 9)

Color-coded histogram:

🟢 Green when TSV > 0 → bullish volume momentum

🔴 Red when TSV < 0 → bearish volume momentum

🔎 Purpose: Confirms whether price moves are supported by actual volume — helps filter false signals from RSI.

⚖️ How to Interpret the Indicator
✅ Long Setup
RSI is below 30 (green line)

TSV bars turn green or cross above 0

Ideally at a support level or near VWAP

➡️ Buy signal confirmed by volume

❌ Short Setup
RSI above 70 (red line)

TSV bars are red or turning red

Ideally at a resistance zone or VWAP deviation

➡️ Sell signal confirmed by selling pressure

⚠️ Avoid trades when...
RSI is oversold/overbought, but TSV disagrees
(e.g. RSI < 30 but TSV is red → weak confirmation)

🧭 Practical Usage in Intraday Trading (e.g. 5-minute chart)
Step What to look for
Setup Zone RSI hits extreme level (under 30 or above 70)
Volume Confirmation TSV bars flip color (red → green or vice versa)
Entry Price breaks candle high/low with volume support
Exit VWAP, volume node, or next support/resistance zone

🔧 Options for Expansion
This script is already running cleanly, but you could easily extend it with:

📍 Buy/Sell Arrows on chart when both RSI + TSV align

🔔 Alerts for instant trade triggers

💡 Overlay version that places symbols directly on the price chart

🔒 Filter to only show signals above/below VWAP