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RSI Candle Coloring

**RSI Candle Coloring**
Visualize momentum strength instantly — without glancing at a separate RSI panel.
This indicator dynamically recolors each candlestick based on the current RSI value, letting you read overbought and oversold conditions directly from the price chart. Both the RSI period and threshold levels are fully adjustable to fit your trading style.
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**🎨 Color Zones**
🔴 RSI ≥ 70 — Overbought / Strong Bullish Momentum
🟠 RSI 60–69 — Bullish Bias / Approaching Overbought
⚪ RSI 41–59 — Neutral / Consolidation Zone
🔵 RSI 31–40 — Bearish Bias / Approaching Oversold
🟢 RSI ≤ 30 — Oversold / Strong Bearish Momentum
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**⚙️ How It Works**
RSI is calculated using the standard closing price over a configurable lookback period (default: 14). Each candle is then replotted via plotcandle with a color mapped to its RSI reading. Wick and border colors remain neutral gray to keep the focus on momentum signals.
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**🔧 Inputs**
• RSI Period — Lookback length for RSI calculation (default: 14)
• Overbought Level — Upper threshold for deep red coloring (default: 70)
• Oversold Level — Lower threshold for deep green coloring (default: 30)
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**📌 Use Cases**
• Instantly identify overbought and oversold conditions on the price chart
• Spot momentum shifts and neutral consolidation zones at a glance
• Combine with support/resistance levels or moving averages for entry/exit confirmation
• Works as a cleaner alternative to a traditional RSI subplot
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**📝 Notes**
• Works on any symbol and timeframe
• Candles are redrawn using plotcandle — disable your chart's default candles to avoid overlap (uncheck "Candles" in chart settings)
• The 60 and 40 intermediate thresholds are fixed by design to create a consistent 5-zone color gradient; only the overbought and oversold extremes are user-adjustable
Visualize momentum strength instantly — without glancing at a separate RSI panel.
This indicator dynamically recolors each candlestick based on the current RSI value, letting you read overbought and oversold conditions directly from the price chart. Both the RSI period and threshold levels are fully adjustable to fit your trading style.
---
**🎨 Color Zones**
🔴 RSI ≥ 70 — Overbought / Strong Bullish Momentum
🟠 RSI 60–69 — Bullish Bias / Approaching Overbought
⚪ RSI 41–59 — Neutral / Consolidation Zone
🔵 RSI 31–40 — Bearish Bias / Approaching Oversold
🟢 RSI ≤ 30 — Oversold / Strong Bearish Momentum
---
**⚙️ How It Works**
RSI is calculated using the standard closing price over a configurable lookback period (default: 14). Each candle is then replotted via plotcandle with a color mapped to its RSI reading. Wick and border colors remain neutral gray to keep the focus on momentum signals.
---
**🔧 Inputs**
• RSI Period — Lookback length for RSI calculation (default: 14)
• Overbought Level — Upper threshold for deep red coloring (default: 70)
• Oversold Level — Lower threshold for deep green coloring (default: 30)
---
**📌 Use Cases**
• Instantly identify overbought and oversold conditions on the price chart
• Spot momentum shifts and neutral consolidation zones at a glance
• Combine with support/resistance levels or moving averages for entry/exit confirmation
• Works as a cleaner alternative to a traditional RSI subplot
---
**📝 Notes**
• Works on any symbol and timeframe
• Candles are redrawn using plotcandle — disable your chart's default candles to avoid overlap (uncheck "Candles" in chart settings)
• The 60 and 40 intermediate thresholds are fixed by design to create a consistent 5-zone color gradient; only the overbought and oversold extremes are user-adjustable
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開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。