OPEN-SOURCE SCRIPT
RSI Value Only
Displays only the current RSI value (no classic line or plot) in a clean, fixed box in the top-right corner of the chart.
OVERVIEW
This minimalist indicator shows just the current RSI value (default period 14) as a numeric label directly on your chart — no clutter from the usual RSI curve or oscillator pane. Perfect for traders who want a quick glance at RSI momentum while keeping the price action clean and focused. The text color changes dynamically based on classic RSI zones: red for overbought (>70), lime green for oversold (<30), gray for neutral.
KEY FEATURES
• Current RSI value formatted to 2 decimal places
• Fixed position in the top-right corner (always visible, even when scrolling or zooming)
• Dynamic text color:
- 🔴 Red if RSI > 70 (overbought – caution, potential pullback)
- 🟢 Lime if RSI < 30 (oversold – possible bounce opportunity)
- ⚫ Gray otherwise (neutral zone)
• Semi-transparent black background with light border for readability without distraction
• Larger text size (size.large) for easy reading at a glance
• Customizable RSI period and source (via inputs)
HOW TO USE
1. Add the indicator to your chart
2. The RSI value instantly appears in the top-right corner
3. Watch for extremes:
- RSI > 70 → Be cautious; momentum may be exhausted (risk of reversal or correction)
- RSI < 30 → Look for potential buying opportunities
4. Combine with price action, support/resistance, volume, or other tools for better context
CUSTOMIZABLE PARAMETERS
• RSI Period (default: 14)
• Source (default: close)
NOTES
• No built-in alerts yet — you can set manual alerts on RSI levels via TradingView
• Designed to be ultra-discreet: zero plots, zero drawings over price
• Open-source and free — feel free to fork, modify, or suggest improvements!
Happy trading! 📈
OVERVIEW
This minimalist indicator shows just the current RSI value (default period 14) as a numeric label directly on your chart — no clutter from the usual RSI curve or oscillator pane. Perfect for traders who want a quick glance at RSI momentum while keeping the price action clean and focused. The text color changes dynamically based on classic RSI zones: red for overbought (>70), lime green for oversold (<30), gray for neutral.
KEY FEATURES
• Current RSI value formatted to 2 decimal places
• Fixed position in the top-right corner (always visible, even when scrolling or zooming)
• Dynamic text color:
- 🔴 Red if RSI > 70 (overbought – caution, potential pullback)
- 🟢 Lime if RSI < 30 (oversold – possible bounce opportunity)
- ⚫ Gray otherwise (neutral zone)
• Semi-transparent black background with light border for readability without distraction
• Larger text size (size.large) for easy reading at a glance
• Customizable RSI period and source (via inputs)
HOW TO USE
1. Add the indicator to your chart
2. The RSI value instantly appears in the top-right corner
3. Watch for extremes:
- RSI > 70 → Be cautious; momentum may be exhausted (risk of reversal or correction)
- RSI < 30 → Look for potential buying opportunities
4. Combine with price action, support/resistance, volume, or other tools for better context
CUSTOMIZABLE PARAMETERS
• RSI Period (default: 14)
• Source (default: close)
NOTES
• No built-in alerts yet — you can set manual alerts on RSI levels via TradingView
• Designed to be ultra-discreet: zero plots, zero drawings over price
• Open-source and free — feel free to fork, modify, or suggest improvements!
Happy trading! 📈
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.