OPEN-SOURCE SCRIPT
Arisa RSI Rebound Alert (v6.2)
Short description:
Simple RSI-based rebound detection with ATR confirmation — designed for traders who prefer a clean and intuitive signal.
Full description:
This indicator detects oversold and rebound phases using RSI and confirms the strength of each rebound with ATR slope analysis.
It is optimized for deep correction phases (e.g. RSI 25→35 cross), helping traders catch early reversal signals while avoiding unnecessary noise.
💡 Recommended use:
• Timeframes: 30min–4h
• Ideal for short- to mid-term rebound trades
• Combine with Heikin-Ashi or volume expansion for higher accuracy
✨ Key Features:
• Clear oversold/rebound thresholds (default RSI <25 / cross-up >35)
• Background highlight for deep oversold conditions
• Visual markers for strong vs. weak rebounds (ATR slope filter)
• Alert-ready (three conditions included)
🪶 Concept:
This script is designed for traders who value simplicity and intuition — focusing on meaningful signals rather than automation overload.
It’s for those who still want to see and feel the market before taking action.
⸻
Author:
Arisa Sanjo (Japan)
Created with the support of GPT-5, based on live trading insights from October 2025.
License:
Free to use and modify with proper attribution.
If you redistribute or enhance this script, please mention “Based on Arisa RSI Rebound Alert (v6.2)” in your description.
Simple RSI-based rebound detection with ATR confirmation — designed for traders who prefer a clean and intuitive signal.
Full description:
This indicator detects oversold and rebound phases using RSI and confirms the strength of each rebound with ATR slope analysis.
It is optimized for deep correction phases (e.g. RSI 25→35 cross), helping traders catch early reversal signals while avoiding unnecessary noise.
💡 Recommended use:
• Timeframes: 30min–4h
• Ideal for short- to mid-term rebound trades
• Combine with Heikin-Ashi or volume expansion for higher accuracy
✨ Key Features:
• Clear oversold/rebound thresholds (default RSI <25 / cross-up >35)
• Background highlight for deep oversold conditions
• Visual markers for strong vs. weak rebounds (ATR slope filter)
• Alert-ready (three conditions included)
🪶 Concept:
This script is designed for traders who value simplicity and intuition — focusing on meaningful signals rather than automation overload.
It’s for those who still want to see and feel the market before taking action.
⸻
Author:
Arisa Sanjo (Japan)
Created with the support of GPT-5, based on live trading insights from October 2025.
License:
Free to use and modify with proper attribution.
If you redistribute or enhance this script, please mention “Based on Arisa RSI Rebound Alert (v6.2)” in your description.
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.