Indicator Guide

TP RSI Pro

Integrated trend, momentum, and volatility analysis — EMA Ribbon, Bollinger Bands, and RSI Volume Profile in a single pane.

Table of Contents

Overview

TP RSI Pro combines three tools into a single pane — an EMA Ribbon, RSI, and Bollinger Bands. Each component serves a distinct purpose and feeds into the signal system.

Trend

EMA Ribbon

10 EMAs forming 5 color-coded bands. Shows trend direction, strength, and potential reversals at a glance.

Momentum

RSI

Color-coded RSI based on position relative to the sensitivity bands. Blue for bullish, red for bearish, white for neutral.

Volatility

Bollinger Bands

Applied directly to RSI for dynamic momentum boundaries. Narrow bands signal low volatility and potential breakouts. Wide bands indicate extended moves.

How it fits with the BST system

TP RSI Pro works as a standalone indicator or alongside Quantum Ribbon Pro. The RSI confirmation toggle inside QR Pro confirms the RSI ribbon alignment — TP RSI Pro gives you full control over every parameter and the complete signal system.

How the Components Work

EMA Ribbon — Trend

10 EMAs grouped into 5 pairs. Shows the current trend state and direction. Each pair is color-coded — blue for bullish alignment, red for bearish.

RSI — Momentum

The RSI line changes color based on its position relative to the sensitivity bands (controlled by RSI Sensitivity Period and Multiplier). When RSI is above the upper sensitivity band it turns blue, below the lower band it turns red, and in between it stays white/neutral.

A gradient fill between the RSI line and the ribbon edge reinforces the momentum direction visually.

Bollinger Bands — Volatility

Applied directly to RSI for dynamic momentum boundaries. Narrow bands signal low volatility and potential breakouts. Wide bands indicate extended moves.

Signal System — BB Breakout + Ribbon Rejection

The primary signal system uses a two-step confirmation process — a BB breakout followed by a ribbon rejection.

BUY Signal

1

RSI breaks above the upper Bollinger Band — setup phase begins. A small label marks the breakout for situational awareness.

2

RSI pulls back into the ribbon zone.

3

RSI crosses back above the fastest ribbon EMA while in bull color and the required number of ribbon pairs are aligned bullish.

BUY label fires. Setup resets.

SELL Signal

Exact mirror of the BUY condition — RSI breaks below the lower BB, pulls back to ribbon, gets rejected downward with ribbon fully bearish.

Setup Expiry

If the ribbon rejection doesn't occur within the Setup Expiry window (default 50 bars), the setup is cancelled. This prevents stale setups from triggering long after the initial breakout.

Minimum Ribbon Pairs

The Min Ribbon Pairs Aligned setting (1–5) controls how many of the 5 ribbon pairs must be aligned before a signal can fire. Default is 5 (all pairs). Lowering this produces more signals with less confirmation — adjust based on your preferred sensitivity.

Pullback Signals

Pullback Buy and Pullback Sell signals use the same ribbon rejection logic as the primary signals, but without requiring a prior BB breakout. They catch trend continuation entries during established moves when RSI hasn't recently broken out of the bands.

RSI Volume Profile

Shows which RSI levels have accumulated the most volume over the lookback period. Displayed as horizontal bars alongside the RSI pane.

Reading the Profile

Adjustable parameters

Lookback period (50–500 bars), number of bins (5–30), bar width, left or right pane placement, and fully customizable colors including the POC highlight.

Multi-Timeframe RSI

Plot a higher timeframe RSI directly on the indicator pane. Enable via MTF RSI Settings. Set your desired timeframe, adjust transparency and line width.

Divergence Detection

Automatically detects regular and hidden divergence between price pivots and RSI pivots. Connector lines between pivot points make the divergence pattern visually clear.

Divergence Types

Lines and labels can be toggled independently. Four separate color controls — one per divergence type. Pivot lookback and max lookback range are both adjustable.

Chart Candle Colors

Color your chart candles directly from the RSI pane without adding a separate indicator. Three color modes available:

Bull and bear candle colors are fully customizable with adjustable transparency.

Signal History Table

A live log of recent signals displayed on the chart. Shows signal type and bars elapsed since each signal fired.

Alerts & Webhook

Complete alert coverage for every signal type. BUY, SELL, Pullback Buy/Sell, and BB Breakouts also fire JSON alerts for webhook and bot integration.

Settings Reference

Signal Settings

RSI Settings

Ribbon Settings

Bollinger Band Settings