Color RSI Alert
- Indicatori
- Shavkat Ilxomov
- Versione: 1.81
- Attivazioni: 5
Colored RSI with Custom Levels 46/50/54 + Live Value Display This is a visually enhanced RSI indicator designed for clearer momentum analysis in ranging and trending markets. Instead of classic 30/70 levels, it uses tighter custom thresholds (46–50–54) with color-coded zones and white dotted horizontal lines for quick visual reference. Key Features: • Dynamic line coloring: - Bright green when RSI > 54 (strong bullish momentum) - Red when RSI < 46 (strong bearish momentum) - Neutral gray in the 46–54 range (market in balance) • Three permanent white dotted levels at 46, 50 and 54 — easy to spot neutral zone and potential reversal points • Current RSI value displayed in the top-right corner of the indicator window - Green color if RSI > 50 - Red color if RSI ≤ 50 - Updates in real time on every tick/bar • Clean separate window with customizable appearance Why these levels (46/50/54)? Many traders find standard 30/70 too wide and noisy in sideways markets (forex, indices, commodities). The 46–54 corridor acts as a refined "neutral belt", helping filter false signals and focus on high-probability momentum shifts. Input Parameters: • RSI_Period — RSI calculation period (default: 14) • Level_Low — Lower threshold (default: 46) • Level_Mid — Middle/neutral line (default: 50) • Level_High — Upper threshold (default: 54) • Color_Above — Color for RSI > 54 (default: LimeGreen) • Color_Below — Color for RSI < 46 (default: Red) • Color_Middle — Color for 46–54 zone (default: Gray) • RSI_LineWidth — Thickness of the RSI line (default: 2) • Level_Color — Color of dotted levels (default: White) • LevelStyle — Style of levels (default: Dotted) • LabelFontSize — Font size of live RSI value (default: 12) • LabelXOffset / LabelYOffset — Position fine-tuning (pixels from top-right corner) How to use: Apply to any chart and timeframe. Watch for: • RSI exiting the 46–54 gray zone → potential trend start • Crosses above 54 (green) or below 46 (red) → momentum confirmation • Live value changing color around 50 → quick bias check Perfect for: • Range trading (spot reversals near 46/54) • Trend filtering (avoid trades inside gray zone) • Scalping/day trading on lower timeframes • Combining with support/resistance or price action No repainting. Fast calculation. Works on all symbols and timeframes. Enjoy clearer RSI reading — trade smarter!
