RSI Regime Filter
By LuxAlgoAug 4, 2026
RSI Regime Filter is an indicator on Vela, our next-generation charting platform, written in Pine Script®.
RSI Regime Filter takes the signals every oscillator trader knows - divergences and overbought/oversold entries - and, once its RSI Regime Filter setting is enabled (it is off by default), checks each one against a classification of the broader market before it reaches your chart. A momentum-family build at heart, its edge is context: four selectable regime methods (RSI level, EMA trend, ADX direction, or a composite vote) judge whether conditions are ranging enough for mean-reversion signals to make sense, suppressing setups that amount to catching a falling knife.
How to Trade the RSI Regime Filter?
- Divergences in neutral regimes: bullish and bearish divergences are detected at confirmed price swing lows and highs by comparing the RSI readings at those bars; with the filter on, they plot only when the active method reads the market as neutral at both swings.
- Volume bubbles at extremes: when the RSI enters overbought or oversold territory, bubbles sized by relative volume appear - larger bubbles mean heavier participation behind the extreme.
- Dashboard before decisions: the on-chart panel summarizes the current RSI value, ADX strength, and EMA positioning, so the active regime is always one glance away.
RSI Regime Filter Settings
- RSI length, Overbought level, Oversold level: the core calculation and the thresholds that define extremes.
- Pivot left bars / Pivot right bars: bars required on each side of a pivot before divergences are drawn from it.
- Require RSI extreme: accepts only divergences that form in overbought or oversold conditions.
- Regime method: picks the classification logic, tuned by EMA length, DMI length, ADX smoothing, and ADX trend threshold.
- RSI Regime Filter: toggles the signal filtering itself; display options (divergence boxes, 50-level markers, OB/OS bubbles, trend-strength candle coloring, regime chart coloring) each carry their own toggle.
Frequently Asked Questions
Free to use
Run it on Vela. Go further with a paid plan.
- Up to 500 Custom Alerts, with webhook automation
- Up to 10× the chart history of Free
- Orderflow lookback up to full history
- More Quant usage to customize it, plus extra usage when you need it
- Futures data alongside crypto, stocks, forex and commodities
Also works on
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Open this indicator free on Vela, our next-generation charting platform. Then ask Quant, our coding agent built into Vela, to retune it or turn it into a backtested strategy of your own.





