πŸ“ˆ RSI Scanner

What it does

Monitors RSI (Relative Strength Index) across all pairs to find momentum signals, divergences, and extreme conditions.

What it scans for

  • 🟒 RSI Convergence - RSI and price moving together (trend confirmation)

  • πŸ”΄ RSI Divergence - RSI and price moving opposite (reversal warning)

  • ⚠️ RSI Overbought - Above 70 (potential pullback zone)

  • ⚠️ RSI Oversold - Below 30 (potential bounce zone)

How to read it

Convergence (Trend Confirmation):

  • Bullish convergence = Price ↑ + RSI ↑ (uptrend healthy)

  • Bearish convergence = Price ↓ + RSI ↓ (downtrend healthy)

  • Use to add to positions or confirm trend

Divergence (Reversal Warning):

  • Bearish divergence = Price making higher highs, RSI making lower highs

  • Bullish divergence = Price making lower lows, RSI making higher lows

  • Wait for price confirmation before entering

Overbought/Oversold:

  • Don't blindly counter-trend trade

  • Combine with support/resistance levels

  • Best at key zones

Best for

  • Momentum traders

  • Divergence players

  • 15M-4H timeframes work best

  • All skill levels

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