RSI Trendlines with BreakoutsA pivot-based breakout indicator that attempts to provide traders with a visual aid for finding breakouts on the RSI. Similar to how we use trendlines on our charts, using them on the Relative Strength Index can also give us a sense of direction in the markets.
This script uses its own pivot-based system that checks for real-time swing levels and triggers a new pivot event after every dip and nth bars. The breakout alerts that are given were not designed to be taken as signals since their purpose is to provide an extra bit of confluence. Because of this, I added no other conditions that try to make the alerts "perfect", but instead, print every breakout that is detected. Despite stating this, I did happen to add a condition that checks the difference in RSI and the breakout value, but that's as far as it'll go.
There are alerts built-in to the script, along with adjustable repainting options.
🔳 Settings
Lookback Range: Lookback period to trigger a new pivot point when conditions are met.
RSI Difference: The difference between the current RSI value and the breakout value. How much higher in value should the current RSI be compared to the breakout value in order to detect a breakout?
RSI Settings
Styling Options
🔳 Repaint Options
On: Allows repainting
Off - Bar Confirmation: Prevents repainting and generates alerts when the bar closes. (1 candle later)
🔳 How it Works
Before a trendline is drawn, the script retrieves the slope between the previous pivot point and the current. Then it adds or subtracts the slope x amount of times (based on the lookback range) from the current pivot value until the current x-axis is reached. By doing this we can get a trendline that will detect a breakout accurately.
The result
When using the RSI Difference condition, the script will print breakouts whenever the condition is true, because of this dotted lines were added to track where the alert was triggered.
🔳 Alerts
Search in scripts for "rsi"
RSI Multi Alerts MTFThis indicator won't plot anything to the chart.
Please follow steps below to set your alarms based on RSI oversold and overbought levels:
1) Add indicator to the chart
2) Go to settings
3) Choose up to 8 different symbols to get alert notification
4) Choose up to 4 different timeframes
5) Set overbought and oversold levels
6) Once all is set go back to the chart and click on 3 dots to set alert in this indicator, rename your alert and confirm
7) You can remove indicator after alert is set and it'll keep working as expected
What is does:
This indicator will generate alerts based on symbols, timeframes and RSI levels settings.
It will consider overbought and oversold levels to alert in each symbol and each timeframe selected. Once these levels are achieved it will send an alert with the following information:
- Symbol name (BTC, ETH, LTC)
- Specific RSI level achieved (e.g: RSI 30, RSI 70 or any custom level)
- Timeframe (e.g: 5m, 1h, 1D)
- Current symbol price
This script will request RSI OB/OS information through request.security() function from all different symbols and timeframes settings. It also requests symbols' price (close).
Due to Tradingview limitation (40 requests calls) it can only request information for 8 symbols for this script (8 symbols X 4 timeframes = 32 + 8 symbols' price (close) = 40)
Standard symbols are Binance USDT-M Futures but you can choose any symbol from Tradingview.
Standard timeframes are 5m|15m|1h|4h but you can choose from a list.
Standard overbought and oversold levels are 70 and 30 but you can change it to other integer values.
Feel free to give feedbacks on comments section below.
Enjoy!
RSI - colour fillThis script showcases the new (overload) feature regarding the fill() function! 🥳
2 plots could be filled before, but with just 1 colour per bar, now the colour can be a gradient type.
In this example we have 2 plots
- rsiPlot , which plots the rsi value
- centerPlot, which plots the value 50 ('centre line')
Explanation of colour fill in the zone 50-80
Default when rsi > 50
- a bottom value is set at 50 (associated with colour aqua)
- and a top value is set at 80 (associated with colour red)
This zone (bottom -> top value) is filled with a gradient colour (50 - aqua -> 80 - red)
When rsi is towards 80, you see a red coloured zone at the rsi value,
while when rsi is around 50, you'll only see the colour aqua
The same principle is applied in the zone 20-50 when rsi < 50
Cheers!
RSI Candles - Appa SoTradition RSI just shows the line as an indicator when the price candle is changed. So Indicator hasn't been able to offer open price RSI and close price at once. Rsi candles can make the user be able to see RSI open and close price is changed simultaneously with Candle form.
RSI 캔들 형태로 표현하여 open 가격과 close 가격의 RSI 데이타를 동시에 볼 수 있게 표현 하였습니다. - 제작: 압력밥소
RSI vs BITFINEX BTC Longs/Shorts Margin Ratio Percentage RankThis indicator plots the RSI of the current token with a color based on percentage rank of the RSI of BITFINEX:BTCUSDLONGS divided by BITFINEX:BTCUSDSHORTS, with a plot of the moving average of the RSI. It can optionally plot the RSI in white and the ratio RSI in color, or the ratio as background color. It can also plot the raw ratio rather than the percentage rank if selected.
I was interested in the ratio of BITFINEX:BTCUSDLONGS to BITFINEX:BTCUSDSHORTS as a measure of market sentiment and how that sentiment would magnify RSI changes. The volatility of the BTCUSDLONGS : BTCUSDSHORTS ratio was too low to get a good read, using a percent rank of the RSI of the ratio made the results more visible.
This indicator should be used on a BTC chart.
RSI Local TrendA simple indicator using two RSIs.
Conditions for buy:
RSI(slow) < RSI(fast) and RSI(slow) < long_trigger
Conditions for sell:
RSI(slow) > RSI(fast) and RSI(slow) > short_trigger
It is recommended to use in small timeframes for scalping.
Recommended settings:
slow = 3
fast = 14
long_trigger = 30
short_trigger = 70
In markets where there is very high volatility, it is recommended to change the trigger parameters:
long_trigger = 20
short_trigger = 80
RSI and BBand simultaneously OverSoldENG : This indicator is created by combining the standard period RSI indicator with an Oversold limit of 32, an Overbought limit of 70 and a period of 14 (these values can be changed optionally from the entries and still tabs of the indicator settings) and the Bollinger Band. indicator with a standard deviation of 2 and a period of 20. Also, the RSI Oversold is an upward green triangle where the price simultaneously falls below the BB and the lower limit (Low) (i.e. below 32), where the RSI Overbought (i.e. above 70) at the same time the price rises above the BB and the upper limit (Upper) is a downward red triangle. is indicated by a triangle. An alarm condition is established on these conditions. Source codes are posted visually and written in clear language and with explanations for beginners to learn to pine.
TR : Bu gösterge OverSold sınırı 32, OverBought sınırı 70 ve periodu 14 olan (bu değerler tercihe göre indikatör ayarlarının girdiler ve still sekmelerinden değiştirilebilir) standart periodluk RSI göstergesi ile standart sapma değeri 2, periodu 20 olan Bollinger Bandı göstergesinin birleştirilmesiyle oluşturulmuş olup ilaveten RSI'nin OverSold iken (yani 32 altına düştüğü) aynı anda fiyatın BBand alt sınırı (Lower) altına düştüğü yerleri yukarı yönlü yeşil üçgenle, RSI'nin OverBought iken (yani 70 üstüne çıktığı) aynı anda fiyatın BBand üst sınırı (Upper) üstüne çıktığı yerleri aşağı yönlü kırmızı üçgenle belirtmektedir. Bu şartlar üzerine de alarm kondüsyonu oluşturulmuştur. Kaynak kodları görünür olarak yayınlanmış olup, pine öğrenmeye yeni başlayanlar için anlaşılır dilde ve açıklamalar eklenerek yazılmıştır.
RSI Triple Time FrameThis indicator / study script can display the RSI for current chart timeframe along with the RSI of 1 to 3 other timeframes.
When all 3 additional RSI are at extreme levels (overbought/sold) or crossing the neutral line (50%) at the same moment, background chart color will change accordingly.
This indicates a strong momentum convergence between all selected timeframes, hence producing a stronger signal!
Go to settings to display/modify additional timeframes and/or to enable background colors:
Green = Overbought
Red = Oversold
Yellow = crossover neutral
Orange = crossunder neutral
NB1: For a simple and easy read of the RSI, set all additional TF to current chart TF and switch on desired colors.
NB2: Please note that current chart TF is not taken into consideration to change background color. But you can always set one of the 3 additional TF to the same TF as current chart.
Bonus: If you are also a user of my “MA Bollinger Bands + RSI” strategy script, this is particularly useful to visually detect crossover and crossunder of the RSI neutral line 😉
As always, enjoy!
RSI CCI Correlating Oscillator (RCCO) by empowerTRCCO is pronounced "ree-koh" or "rico".
The RCCO is simply the plot of the values of both the RSI and CCI added together.
The RCCO makes some adjustments though, so that both the RSI and the CCI will fit correctly on the same scale - and so that these adjustments for scale allow reversals to be detected at crossings.
When the CCI crosses from underneath to up above the RSI, this is usually a bullish reversal. Alternatively, when the CCI crosses from above to back under the RSI, that usually signals a bearish trend. Look for the widest swings you can find to ensure good momentum. The larger the volume, the clearer and more decisive the trends. Low volume will lead to ranging and lazy momentum. High volume will create clear and forceful trends. The lowest negative RCCO in a timeframe, and then add some high volume... and you have yourself a good setup for a successful trade.
Because the RSI and CCI are adjusted, you may not recognize their values from having used the respective indicators on their own. The RSI and CCI values are less important. What matters with this indicator are the crossings and the RCCO value. The RCCO value should be negative, preferably, a deeply negative value. Look at the historical chart for the target per your selected timeframe and decide what values work for you.
I hope you enjoy the RCCO and that it can help you become a little más RICO!
Finnie's RSI with EMA + MFI + Stoch V2RSI seams to be one of the most used indicators by far, and that comes because of merit . With that in mind, the goal of this indicator is to expand upon the tradition RSI or Relative Strength Index we all know and love :) I started by adding an EMA crossover. Which gives you, the users, a general idea of when to buy and sell outside of just watching a line go down and up. To take thinks even further, I decided to add options for both Fast and Slow Stochastic oscillators. Adding STOCH brings in another variable when deciding on an entry, technically its a bit hard to explain but in practice it would go something like this: you notice RSI is down around the level 20 mark and RSI is crossing up above it's EMA , which is BULLISH signal, and you're thinking about going long. As a second confirmation you can look at the STOCH rsi , if it's also crossing above the previously spoken EMA that's another BULLISH signal. This process can be repeated once RSI has risen to find an exit.
V2 changes:
-added MFI
-added overbought(yellow)/oversold(red) visual indicator
-removed K stoch in order to clean the indicator up visually, I haven't regretted it since :)
RSI+ by WilsonThis is a modified version of my RSI Cloud indicator. You can plot 2 moving averages over RSI. You have the option to plot moving average types like SMA, EMA, WMA, VWMA, HullMA, and ALMA. You also have the option to plot histograms based on any of the moving averages. You can fill colors between RSI and moving averages. Option to add alerts, crossover and crossunder signals are also included. I have also included a band to show the position of RSI using three colors. Green color is shown when RSI is above both the plotted moving averages. Red color is shown when RSI is below both the plotted moving averages. And Yellow color is shown when RSI is between the two plotted moving averages. Anyone is free to use the script. Wishing everyone happy and profitable trading.
RSI Multicolor editableEN:
RSI with overbought and oversold area in color and editable level. visually more interesting than the basic version the overbought and oversold areas catch the eye quickly. Depending on the strategies and your personal use of the RSI, you can modify all the lines and add colors to each defined zone.
overbought zone, oversold and editable noise zone
I wanted to have a modifiable RSI like some trading platforms.
please excuse me for my english and my code, i'm just getting started.
FR:
RSI avec zone de surachat et survente en couleur et niveau éditable. visuellement plus intéressant que la version basique les zones de surachat et survente attirent l’œil rapidement. Selon les stratégies et l'utilisation personnel que vous faite du RSI, vous pouvez modifier toutes les lignes et ajouter des couleurs à chaque zone défini.
zone de surachat, survente et zone de bruit éditable
je souhaitais avoir un RSI modifiable comme certaines plateforme de trading.
veuillez m'excuser pour mon anglais et mon code, je débute.
S73 RSI & Stoch RSIRSI and Stoch RSI combined into 1.
Get 2 for the price of 1.
Stoch RSI has two extra h lines, 10 an 90, as well as the traditional 20 and 80.
Remember, High Stoch RSI can mark the strength of a trend, doesn't necessarily mean there will be a change in trend once top and bottom levels are hit.
Click here to see how BTC has been topped out between levels of 90-100 for 14 weeks on the weekly chart.
RSI|The Wave PrincipleThe Wave Principle | Modified RSI
30 green | 70 red = Strong Movement (Possible Impulse)
20 cyan | 80 Yellow = Strongest Movement
Support and Resistance Level (Trend Continuation)
Uptrend= 40
Downtrend = 60
Break+Retest = BR
Div = Divergence (Change in trend)
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This indicator has been modified from original RSI to fit Wave Principle characteristics:
Uptrend Impulsive Wave over 70 RSI it changes color to red, and > 80 yellow stronger impulse | Usually means continuation, at least once more.
Downtrend Impulsive Wave under 30 RSI it changes color to green, and < 20 cyan stronger impulse | Usually means continuation, at least once more.
Once RSI reached these levels, it doesn't mean trend reversal but a correction is expected. If it shows divergence along with an Ending Diagonal, it's a confirmation for trend reversal.
In a corrective wave, levels 40-60 represents support and resistance levels where price won't go further. Indicating Corrective Waves, not as strong as Impulsives.
Prices can breakout RSI trend lines and retest from the other side before continue the new trend as also described in the Wave Principle.
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RSI TrendspotterHad a bit of a TA epiphany with RSI so bear with me. The time since RSI was last overbought/sold is a solid trend indicator. This may seem obvious but after x number of years trading it hit me like a smack in the face. I've coded this for easy visualisation. They're fairly simple changes but it's making a big difference in my trendspotting already.
In the example CMG hasn't been overbought for 183 days, so the RSI is mostly green:
Before that it hadn't been oversold for 199 days, so RSI is mostly red:
And before that it was ranging like a maf*ckin' sine wave, so the RSI shows green, red, green, red, etc.:
Finally, normal RSI for comparison. Same data, but now with pretty colours:
I've also added overbought/oversold highlights cause that just makes the whole charting thing a lot easier. Enjoy!
RSI buy/sell partitionsLook overbought and overbought to predict the time of the transaction.
RSI overbought:
- RSI = 21 to 30 (default configuration): The graph showing the letters 'Buy' and candles will have different colors.
- RSI < 21 (default configuration): The graph showing the letters 'Buy' displays bold and the candles will have high light background colors.
RSI oversold:
- RSI = 70 to 79 (default configuration): The chart that shows the word 'sell' and the candlestick will have different colors.
- RSI > 80 (default configuration): Display chart for 'Sell' displays bold and candles will have high light background colors.
RSI Multi-TimeframeThe Relative Strength Index (RSI) is an extremely useful oscillating momentum indicator that was developed by J. Welles Wilder and is one of the most widely used indicators in technical analysis.
HOW IS IT USED ?
In the classic view, a security is thought to be overbought when its RSI reading is above 70 and oversold when its RSI reading falls below 30. This makes it a good indicator for mean-reversion systems. Wilder recommended using the 70 and 30 levels as overbought and oversold levels respectively. When the RSI moves up over the 30 line it is considered a possible bullish reversal while a move down below the 70 line is considered a possible bearish reversal.
When the RSI is above 70 it is a potential exit signal if you are in a long position and when it is below 30 it is a potential exit signal if you are in a short position. Some traders use extreme readings for entry points in the direction of the long-term trend. Thus, if the long-term trend is bullish, then you'd wait for the RSI to reach oversold territory, which would be a potential entry point for a long position. Conversely, if the long-term trend is bearish, then overbought conditions could be a potential point to short the security.
I added the possibility to add on the chart a 2nd timeframe for confirmation.
If you found this script useful, a tip is always welcome... :)
SCOTTGO - RSI Divergence IndicatorRSI Divergence Indicator
This indicator combines the Relative Strength Index (RSI) with an automatic divergence detection system.
It is designed to help traders spot potential trend changes by:
Color-Coded RSI: The main RSI line dynamically changes color (e.g., green/red) above and below a user-defined threshold (default 50) to highlight strong or weak momentum instantly.
Divergence Signals: It automatically identifies and plots four types of RSI divergences (Regular Bullish, Hidden Bullish, Regular Bearish, and Hidden Bearish) between the price and the oscillator.
Custom Alerts: Includes alerts for all divergence types so you can be notified when a new signal is found.
This tool helps visualize momentum shifts and potential reversals in the market.
Yash RSI Bars - Multi Timeframersi time frame testing
Only bar coloring - No extra plots or lines
✅ Custom timeframe - Colors bars based on RSI from your selected timeframe
✅ White bars - When RSI is above overbought level (default 70)
✅ Yellow bars - When RSI is below oversold level (default 30)
✅ No color - When RSI is in neutral zone
Clean and simple! 🎯
RSI to 50 (decimal version) - TemujinTradingSimple indicator that shows the price levels required for the RSI to get to the value of 50.
What I observe is 50 rsi often acts as support or resistance and is a fair indication of bullish/bearish sentiment and price action and bounce/rejection levels.
It provides a table showing current time frame, 4 hr, daily, weekly describing the current rsi value and the price needed for that rsi to get to 50. This table is colored red when bearish at the time frame and green when bullish (as per <50 rsi or >50rsi).
Plots historical lines of each previous candle in the series showing how price interacts.
Updated script to allow manual input of price decimals to enable more assets price to be viewable in the table format.
RSI to 50 - TemujinTradingSimple indicator that shows the price levels required for the RSI to get to the value of 50.
What I observe is 50 rsi often acts as support or resistance and is a fair indication of bullish/bearish sentiment and price action and bounce/rejection levels.
It provides a table showing current time frame, 4 hr, daily, weekly describing the current rsi value and the price needed for that rsi to get to 50. This table is colored red when bearish at the time frame and green when bullish (as per <50 rsi or >50rsi).
Plots historical lines of each previous candle in the series showing how price interacts.
RSI Percentage - Current Candle Only - BHAFANTA FX
**Title:** RSI Percentage - Current Candle Only - BHAFANTA FX
**Description:**
This indicator displays the **Relative Strength Index (RSI)** as a percentage for the **current candle only**, giving traders an immediate view of market momentum. Perfect for short-term analysis and quick decision-making, it avoids clutter by showing only the most relevant RSI value.
**Key Features:**
* Shows **RSI percentage of the current candle** only
* Display is **clean and readable**, positioned above the current candle
* Adjustable RSI length and source for flexibility
* Designed for traders who want **fast, actionable insight** without visual clutter
**Use Case:**
* Ideal for **scalpers and intraday traders** who want to gauge overbought or oversold conditions quickly.
* Can be combined with other indicators like EMA, MACD, or trend filters for more robust strategies.
**Developer:** BHAFANTA FX
RSI with 2-Pole FilterA momentum indicator that tells you if a stock is overbought or oversold.
RSI goes between 0 and 100.
70 = overbought (might fall)
<30 = oversold (might rise)
It often looks jagged or choppy on volatile days.
Think of this filter like a momentum smoother:
It still follows RSI closely,
But it doesn’t react to every little jiggle in price,
Which helps avoid false signals.
it keeps track of:
The current RSI,
The last 2 RSI values (inputs), and
The last 2 outputs (filtered RSIs).
It uses feedback to shape the output based on previous values, making it smoother than a simple moving average.
