RSI(14) CrossUp >= 60

11月7日

📈 RSI14 CrossUp ≥ 60 (Daily, Live) + BB Width Screener

Author: Rayan Selim / Torpedo Labs
Version: 1.0
Category: Momentum + Volatility Visualization

🧠 Overview

This indicator combines RSI-based momentum confirmation with Bollinger Band Width (BBW) expansion tracking — designed for traders who want to visually and quantitatively detect daily strength shifts and volatility expansions across multiple symbols.

It highlights candles when the daily RSI(14) crosses above 60, signaling bullish continuation, and displays daily Bollinger Band Width data to assess volatility expansion or contraction.

You can also use the built-in Screener plots as custom columns in TradingView’s Watchlist or Stock Screener for quick scanning of multiple symbols.

⚙️ Core Features

✅ Daily RSI(14) Cross-Up Highlight
Automatically colors candles when RSI crosses above 60 (updates live, no need to wait for daily close).

✅ Bollinger Band Width (BBW) Display
Shows BBW values for the highlighted and previous candles.

✅ Dynamic Label Coloring
Expanding BBW → Green label, Contracting → Red label (toggleable).

✅ Grouped Input Panels
Organized configuration panels for clarity:

Graphic / Highlight

BBW Labels (Global / Green / Red / Fonts)

Screener Outputs

✅ Screener-Compatible Output Plots
Adds hidden plots for Watchlist columns:

RSI Prev (D)

RSI Today (D)

BBW Prev (D)

BBW Today (D)

CrossUp≥60 (0/1)

BBW Expanding (0/1)

✅ Live & Non-Repainting
Uses lookahead_on for live RSI updates while maintaining daily context.

📊 Use Case Examples

Detect momentum confirmation (RSI crossing 60) with simultaneous volatility expansion.

Screen for tickers where daily BBW is widening while RSI shows strength.

Build Watchlist columns to sort stocks by RSI conditions and BBW expansion.

Identify early breakout conditions during accumulation phases.

⚡ Technical Notes

All calculations use daily data, even on lower timeframes.

RSI cross-up events include the current (in-progress) daily candle.

Screener columns are hidden by default but can be toggled visible for debugging.

The indicator is non-repainting, as it reads daily RSI and BBW in real time.

📢 Alerts

Built-in alert for “RSI(14) Crossed Above 60 (Live)” so you never miss a setup.

11月12日

リリースノート

RSI(14) CrossUp >= 60 + BBW Contraction Marker (Daily, Live)

Short Description:

Highlight RSI cross-ups and Bollinger Band Width (BBW) contraction candles with optional arrows and background for easy visual analysis. Ideal for spotting volatility contraction and potential breakout points.

Long Description:

This TradingView indicator combines RSI and Bollinger Band Width (BBW) analysis to visually highlight key price action signals:

Features:

RSI CrossUp Alerts: Highlights candles where the daily RSI(14) crosses above a user-defined threshold (default 60).

BBW Labels: Displays current and optional previous daily BBW values, color-coded for expanding (green) or contracting (red) BBW.

Lowest Contraction Marker: Marks candles where BBW reaches the lowest value in a configurable lookback period and the previous BBW was higher.

Arrow Markers: Adds an arrow below the marked contraction candles for quick visual identification.

Background Highlight: Optionally tint the background behind contraction candles for better chart visibility.

Screener Plots: Outputs 1/0 series for cross-ups and contraction markers, compatible with watchlist/screener columns.

Alerts: Supports alerts for RSI cross-ups and contraction markers.

Customizable Inputs:

RSI length and threshold.

BBW length, multiplier, and expansion/contraction colors.

Contraction lookback period, arrow color, and background highlight.

Enable/disable previous candle labels.

Enable/disable screener outputs.

Usage:

Quickly spot potential breakouts after periods of low volatility.

Combine RSI cross-ups with BBW contraction markers to identify high-probability trading setups.

Suitable for daily timeframe analysis, but can be adapted for other timeframes.

Note: This indicator is for educational and informational purposes and does not provide financial advice.