Indicator · Pine Script v6 · On the chart

RSI 30 Turbo Levels

by vriken

A price-chart indicator for leveraged turbo and mini products on stocks, built on the daily 14-period RSI.

View on GitHub

Repaints

GitHub stars1on the repository
Pine versionv6current
Lines of code158
Settings15inputs
LicenceNone stated
Last updateyesterday28 Oct 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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

RSI 30 Turbo Levels computes the price at which today's close would take the daily RSI below the oversold level, using the previous day's averages, and works on intraday charts. A market regime check uses an index trend average and VIX to choose a higher or lower leverage. Levels, knock-out risk choices, financing cost and a table are configurable.

Details

Published by

vriken on GitHub

Draws

On the price chart

Markets

Stocks

Timeframes

M15-H1

Risk Notes

  • Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
RSI length (daily)int14rsiLen
Signal when daily RSI crosses belowfloat30oversold
Hold (trading days)int5holdDays
Market indexsymbolAMEX:SPYspySymbol
Bull when index is above its SMAint200spyLen
VIX symbolsymbolCBOE:VIXvixSymbol
...and VIX is belowfloat22vixHigh
Leverage in a bull marketfloat20levBull
Leverage otherwisefloat5levOther
Financing cost (% per year)float6.5finRatePct
Knock-out risk for the safe linesstring20%koRiskChoice
Mini long: stop-loss above financing level (%)float5.0miniBufferPct
Show all 15 settings
SettingTypeDefaultVariable
Volatility lookback (days)int20volLen
Show tablebooltrueshowTable
Table positionstringbottom righttablePosText
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.

Similar Pine Scripts

Alien Wash

by XingHan98
1 stars

Alien Wash is a price-chart indicator that draws the latest green horizontal line at the previous candle high after an up close beyond a USD buffer, and the latest red line at the previous candle low after a down close beyond that buffer. A buy signal fires wh

Indicator v5 Support & resistanceOscillators & momentum
Updated 2 months ago · None stated GitHub repository of Alien Wash

This indicator plots trade entry and exit signals on the price chart by combining Bollinger Bands with optional filter conditions. It calculates standard Bollinger Bands along with RSI, Aroon, and moving average filters. Reversal signals trigger when price bre

Indicator v4 Volatility & bandsOscillators & momentum
Updated 2 months ago · None stated GitHub repository of Bollinger Bands Winner IND [Alorse]
285 stars

Mean Reversion Study is an indicator that identifies trade setups combining exponential moving averages, RSI extremes, and engulfing candlestick patterns. It highlights bullish setups when a bullish engulfing candle forms below the EMA while RSI is oversold, a

Indicator v4 Mean reversionCandlestick patterns
Updated 3 years ago · None stated GitHub repository of Mean Reversion Study

More Mean reversion scripts

Related on ForexR

Trade Your Charts With a Regulated Broker

Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.

Compare brokers