OPEN-SOURCE SCRIPT
RSI Zones - Directional Entry Strict
RSI Zones – Directional Entry Tool (Modified RSI)
This is a simple modification of the standard RSI indicator. I’ve added two custom horizontal lines at the 60–65 and 35–40 zones to help spot momentum shifts and potential reversal points.
60–65 zone: When RSI returns here from above 65, it often signals weakening bullish momentum — useful for spotting short opportunities.
35–40 zone: When RSI returns here from below 35, it can indicate momentum loss on the downside — good for potential long setups.
This version helps traders filter out weak signals and avoid chasing extreme moves.
It works best when combined with price action, structure, or divergence.
Only 2 lines were added to the default RSI for better zone awareness. Everything else remains unchanged.
This is a simple modification of the standard RSI indicator. I’ve added two custom horizontal lines at the 60–65 and 35–40 zones to help spot momentum shifts and potential reversal points.
60–65 zone: When RSI returns here from above 65, it often signals weakening bullish momentum — useful for spotting short opportunities.
35–40 zone: When RSI returns here from below 35, it can indicate momentum loss on the downside — good for potential long setups.
This version helps traders filter out weak signals and avoid chasing extreme moves.
It works best when combined with price action, structure, or divergence.
Only 2 lines were added to the default RSI for better zone awareness. Everything else remains unchanged.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.