Dual-RSI Trend States and Price Divergence Signals
Summary
The Fukuiz indicator compares a shorter-period RSI with a longer-period RSI to mark bullish and bearish states: the shorter RSI above the longer one is treated as bullish, and the reverse as bearish. Its listed defaults are 24 and 100 periods, with the price source configurable. The document also describes regular bullish and bearish divergence using RSI pivots: a lower price low with a higher RSI low signals bullish divergence, while a higher price high with a lower RSI high signals bearish divergence. Pivot and lookback settings determine which comparisons qualify.
The source enters long or short positions when the corresponding divergence condition appears; the colored RSI relationship is presented as a trend display rather than the entry trigger. A BTC/USDT futures backtest period is specified, but no performance statistics or findings are reported. RSI is a momentum measure and divergence can be delayed or fail to precede a reversal. The document offers no position sizing, exit rules, or evaluation of costs and robustness, so the described signals alone do not establish a complete or profitable trading system.
Key ideas
- The indicator labels trend direction by comparing short and long RSI values.
- Bullish divergence pairs a lower price low with a higher RSI low.
- Bearish divergence pairs a higher price high with a lower RSI high.
- The source opens positions on divergence signals, while the RSI comparison supplies trend coloring.
- A backtest configuration is given, but no results or risk-adjusted evaluation are reported.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.