Indicator · Pine Script v6 · Own pane

RSI Zones

by jayadevrana

Calculates the Relative Strength Index (RSI) based on close prices over a customizable period length.

View on GitHub

GitHub stars1on the repository
Pine versionv6current
Lines of code10
Settings1inputs
LicenceMPL-2.0
Last update2 days ago26 Oct 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  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

10 lines of Pine Script v6 from scripts/rsi-zones.pine.txt, published under MPL-2.0. Keep the author's credit and licence lines when you reuse it.

rsi-zones.pine.txt
//@version=6
indicator("RSI Zones", overlay = false)

len = input.int(14, "RSI Length", minval = 2)
r   = ta.rsi(close, len)

plot(r, "RSI", color.purple, 2)
hline(70, "Overbought", color.red)
hline(30, "Oversold", color.teal)
bgcolor(r > 70 ? color.new(color.red, 85) : r < 30 ? color.new(color.teal, 85) : na)

Overview

Plots the resulting oscillator in a separate chart pane alongside fixed horizontal lines at the standard 70 overbought and 30 oversold thresholds. When the RSI rises above 70, the indicator highlights the background in red, and when it falls below 30, the background turns teal. Traders can adjust the RSI calculation length in the inputs.

Details

Published by

jayadevrana on GitHub

Type

Indicator, Pine Script v6

Draws

Separate pane below the chart

Category

Oscillators & momentum

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.

Topics

algorithmic-tradingbacktestingema-crossoverpine-scriptpine-script-v6pinescriptrsitechnical-analysistrading-automationtrading-indicators

Settings

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

SettingTypeDefaultVariable
RSI Lengthint14len
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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