OPEN-SOURCE SCRIPT

RSI Divergence + MTF Table Final

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This is a professional, high-impact English description for your RSI Divergence + MTF Table Final script, designed to attract users on TradingView by highlighting its institutional-grade features.

Institutional RSI Divergence & MTF Confluence Heatmap [Final]
Overview
The Institutional RSI Divergence & MTF Confluence Heatmap is a professional-grade analytical tool designed for high-precision traders. It combines Automated RSI Divergence Detection with a Multi-Timeframe (MTF) Heatmap Table, allowing you to monitor market momentum across 8 different timeframes (from 1-minute to 1-day) without ever switching charts.

Key Features
🔍 Automated Divergence Detection: Instantly identifies Regular Bullish and Bearish divergences on the RSI oscillator, marking them with clear "Bull" and "Bear" labels.

📊 MTF Heatmap Grid: A real-time monitoring table that tracks RSI values across: 1m, 5m, 15m, 30m, 1h, 4h, 12h, and 1D.

🎨 Dynamic "Institutional" Color Logic: The table uses a sophisticated color-coded system to highlight extreme exhaustion and momentum:

Ultra Overbought (RSI > 90): Bright Red (Extreme Reversal Zone).

Overbought (RSI > 80): Orange (High Momentum/Caution).

Oversold (RSI < 26): Lime Green (Potential Accumulation).

Neutral: Gray (Consolidation).

🛠️ Flexible Layout Engine: Toggle between Vertical or Horizontal layouts to fit your chart workspace perfectly.

🚀 Pine Script v6 Optimized: Built with the latest TradingView engine for ultra-fast performance and minimal lag.

Trading Strategy: The Power of Confluence
Cross-Timeframe Confirmation: The strongest reversals occur when multiple timeframes (e.g., 15m, 1h, and 4h) all turn Orange/Red or Lime simultaneously. This represents a massive momentum exhaustion.

Divergence Validation: Use the table to see if a detected "Bull" divergence on your current timeframe is backed by "Oversold" conditions on higher timeframes.

Institutional Sniping: Combined with Demand/Supply zones, this script helps you "snipe" entries at the exact moment market momentum peaks or bottoms out.

Settings & Customization
Toggle Compact Mode: Display a minimal version of the table for a cleaner interface.

Custom Thresholds: Modify RSI levels to suit your specific trading style (Scalping vs. Swing Trading).

Table Position: Move the heatmap to any corner of your screen (Top Right, Bottom Left, etc.).

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