Fibo Normalized RSI & RSI Ribbon

Plots both standard and Z-score normalized RSI ribbons using Fibonacci-based periods. Supports adjustable normalization, optional 0–100 scaling, and multi-line visualizations for momentum and deviation analysis.

This tool is designed for traders who want to go beyond standard RSI by adding:
Statistical normalization (Z-score)
Multi-period analysis (Fibonacci structure)
Advanced divergence and exhaustion detection

It gives you both classical momentum context and mathematically rigorous deviation insight, making it ideal for:
Swing traders
Quant-inclined discretionary traders
Multi-timeframe analysts

Trend Confirmation
When both RSI and normalized RSI across short and long periods are stacked in the same direction (e.g., above 50 or with high Z-scores), the trend is likely strong.

Disagreement between the two ribbons (e.g., RSI high but normalized RSI flat) may indicate late-stage trend or false strength.

Mean Reversion Trades
Look for normalized RSI values > +2 or < -2 (i.e., ~2 standard deviations).

Cross-check with standard RSI to see if the move aligns with a traditional overbought/oversold level.

Great for fade/reversal setups when Z-score RSI is extreme but classic RSI is just beginning to turn.

Divergence Detection
Compare the slope of RSI vs. normalized RSI over same period:

If RSI is rising but normalized RSI is falling → momentum is fading despite apparent strength.

Excellent for early warnings before reversals.

Multi-Timeframe Confluence
Use short-period ribbons (e.g., 3–13) for tactical entries/exits.

Use long-period ribbons (e.g., 55–233) for macro trend bias.

Alignment across both = high-confidence zone.