Triple RSI Momentum and Divergence Indicator
Overview
The Triple RSI Momentum and Divergence Indicator combines three different RSI timeframes (fast, medium, and slow) to give you a complete view of market momentum and spot high-probability divergence setups. By analyzing multiple RSI periods at once, this indicator filters out false signals and confirms real momentum shifts, helping traders stay with strong trends while catching reliable reversal points. The color-coded histogram and clear visual signals make it easy to spot when all timeframes align for maximum momentum or when divergences suggest potential market turns.
Key Benefits
Discover what makes this indicator powerful for your trading
Multi-Timeframe Momentum Confirmation
Confirms strong momentum by requiring alignment across three RSI timeframes, filtering out weak signals and keeping you in strong trends longer.
Advanced Divergence Detection
Spots both regular and hidden divergences across multiple timeframes, giving you early warning signals for potential reversals or trend continuations.
Visual Momentum Strength Score
Color-coded histogram displays momentum strength from -100 to +100, making it easy to gauge market conditions at a glance.
Smart Alert System
Dynamic labels provide clear action signals like 'EXTREME BULL MOMENTUM' or 'STRONG BEARISH DIVERGENCE' for decisive trading decisions.
RSI Spread Analysis
Monitors the spread between RSI timeframes to identify trending vs. diverging market conditions, helping you adjust your strategy accordingly.
Customizable Parameters
Adjust RSI lengths, overbought/oversold levels, and divergence sensitivity to match your trading style and market conditions.
Applications
Momentum Confirmation
The Triple RSI excels at confirming strong momentum moves by requiring alignment across all three timeframes. When all RSIs move into overbought territory together, it signals sustained buying pressure that’s likely to continue. This multi-timeframe confirmation helps traders stay in winning trades longer and avoid premature exits during strong trends.
Triple RSI Momentum Confirmation
Divergence Detection
The indicator’s divergence detection capability gives you early warning signals for potential market reversals. By comparing price action with RSI behavior across multiple timeframes, it spots when momentum is weakening despite continued price movement. Strong divergences (confirmed across all timeframes) offer high-probability exit signals or opportunities to enter counter-trend positions.
Triple RSI Divergence Detection
How to Access This Indicator
To access this indicator, you need to purchase the Premium Indicator Bundle.
Once the bundle is purchased, you will receive access to the complete ThinkScript code via Google Drive along with detailed instructions on setting up this and other indicators. You will then be able to save them in your ThinkorSwim platform and start using them in your day trading.