This statistical analysis tool mines historical relationships between RSI values and candle volatility. It calculates a 14-period RSI from the previous bar and normalizes absolute price change using a 14-period Average True Range (ATR). Based on the normalized
Indicator · Pine Script v6 · Own pane
Calibrated RSI Position Zones
This indicator transforms standard RSI calculations into logit space, estimating rolling distributions to derive empirical z-scores mapped back to the 0–100 RSI scale.
GitHub stars41on the repository
Pine versionv6current
Lines of code981
Settings28inputs
LicenceNone stated
Last update2 days ago26 Oct 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Plotted in a separate pane, it features multi-horizon central lines—fast and structural centers—along with adaptive standard deviation zones (inner, outer, and extreme). The script includes optional tail confirmation, background shading for extreme zones, context signal plots, and an informational regime status table. Users can customize lookback lengths for RSI, logit smoothing, centers, residual sigma, z-thresholds, and trend settings.
- Logit-transformed RSI normalization
- Fast and structural multi-horizon center lines
- Dynamic z-score zone bounds
- Context signals and tail confirmation filter
- Regime status table and background shading
Details
Published by
ChartsLector on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Oscillators & momentum, Volatility & bands, Screeners & dashboards
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Source | source | close | src |
| RSI Length | int | 14 | rsiLen |
| Logit Smoothing | int | 3 | smoothLen |
| Fast Center Length | int | 42 | fastCenterLen |
| Structural Center Length | int | 126 | slowCenterLen |
| Tactical Residual Sigma Length | int | 63 | sigmaLen |
| Tactical z Percentile Length | int | 126 | rankLen |
| Momentum Regime Deadband (sigma) | float | 0.10 | regimeThreshold |
| Inner Zone z | float | 1.00 | zInner |
| Outer Zone z | float | 2.00 | zOuter |
| Extreme Zone z | float | 2.75 | zExtreme |
| Center Slope Lookback | int | 10 | centerSlopeLen |
Show all 28 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Center Slope Smoothing | int | 3 | centerSlopeSmoothLen |
| Center Slope Deadband (sigma/window) | float | 0.05 | centerSlopeThreshold |
| Trend EMA Length | int | 200 | trendLen |
| Trend Slope Lookback | int | 10 | trendSlopeN |
| ATR Length | int | 14 | atrLen |
| Volatility Rank Window | int | 252 | volRankLen |
| Require Empirical Tail Confirmation | bool | true | useTailConfirmation |
| Lower Tail Percentile | float | 10.0 | lowerTailPercentile |
| Upper Tail Percentile | float | 90.0 | upperTailPercentile |
| Show Classified Context Signals | bool | true | showSignals |
| Show Regime Table | bool | true | showTable |
| Shade Extreme Background | bool | true | showBg |
| Show Line of Structural Center | bool | true | showStructuralCenter |
| Table Size | string | Small | tableSizeInput |
| Table Position | string | Top Right | tablePosInput |
| Metric Column Text Color | color | color.white | metricTextColor |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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