OPEN-SOURCE SCRIPT
New Age RSI [R4D1]
New Age [R4D1] - Clean RSI with Dynamic Clouds
⚠️ BETA VERSION - Currently in testing phase. Feedback welcome!
A visually enhanced RSI indicator with beautiful gradient clouds, dynamic colors, and an informative dashboard.
🎯 FEATURES:
- Dynamic cloud intensity - glows stronger at extremes
- Gradient RSI line - color changes based on value
- Fill between RSI and midline (50)
- Clean buy/sell signals at zone exits
- Real-time dashboard with trend & momentum
- Fully customizable colors and levels
📊 SIGNALS:
- 🟢 BUY: RSI crosses above oversold level (exits oversold)
- 🔴 SELL: RSI crosses below overbought level (exits overbought)
🎨 VISUAL ELEMENTS:
- Red cloud (70-100): Overbought zone - intensity increases as RSI rises
- Green cloud (0-30): Oversold zone - intensity increases as RSI falls
- Gray zone (30-70): Neutral area
- Gradient line: Green (oversold) → Red (overbought)
- Fill to midline: Shows momentum direction
💡 DASHBOARD SHOWS:
- RSI value with colored background
- RSI MA (14-period moving average)
- Zone status (Overbought/Oversold/Neutral)
- Trend direction (Bullish/Bearish)
- Momentum strength (Strong/Rising/Fading)
⚙️ SETTINGS:
- RSI Length (default: 14)
- Overbought level (default: 70)
- Oversold level (default: 30)
- Bull/Bear colors
📈 CHART TYPE SETTINGS:
- Heikin Ashi charts: Set source to "(O + H + L + C) / 4"
- Normal candles: Set source to "Close"
Works perfectly with Supertrend, MACD, and StochRSI for confirmation signals.
🔧 This indicator is in active development. Please report any bugs or suggestions!
⚠️ BETA VERSION - Currently in testing phase. Feedback welcome!
A visually enhanced RSI indicator with beautiful gradient clouds, dynamic colors, and an informative dashboard.
🎯 FEATURES:
- Dynamic cloud intensity - glows stronger at extremes
- Gradient RSI line - color changes based on value
- Fill between RSI and midline (50)
- Clean buy/sell signals at zone exits
- Real-time dashboard with trend & momentum
- Fully customizable colors and levels
📊 SIGNALS:
- 🟢 BUY: RSI crosses above oversold level (exits oversold)
- 🔴 SELL: RSI crosses below overbought level (exits overbought)
🎨 VISUAL ELEMENTS:
- Red cloud (70-100): Overbought zone - intensity increases as RSI rises
- Green cloud (0-30): Oversold zone - intensity increases as RSI falls
- Gray zone (30-70): Neutral area
- Gradient line: Green (oversold) → Red (overbought)
- Fill to midline: Shows momentum direction
💡 DASHBOARD SHOWS:
- RSI value with colored background
- RSI MA (14-period moving average)
- Zone status (Overbought/Oversold/Neutral)
- Trend direction (Bullish/Bearish)
- Momentum strength (Strong/Rising/Fading)
⚙️ SETTINGS:
- RSI Length (default: 14)
- Overbought level (default: 70)
- Oversold level (default: 30)
- Bull/Bear colors
📈 CHART TYPE SETTINGS:
- Heikin Ashi charts: Set source to "(O + H + L + C) / 4"
- Normal candles: Set source to "Close"
Works perfectly with Supertrend, MACD, and StochRSI for confirmation signals.
🔧 This indicator is in active development. Please report any bugs or suggestions!
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.