OPEN-SOURCE SCRIPT
RSI Rangebound Area

RSI Rangebound Area is a Pine Script v6 indicator that automatically detects consolidation zones where both price and RSI stay within user-defined thresholds. During a rangebound period it:
Shades the background to highlight consolidation
Places “Range Start” and “Range End” labels at the beginning and end
Displays an info table (RSI value, price range %, RSI range, current state: Rangebound/Trending)
Key Inputs
RSI Length
Overbought / Oversold Levels
Range Detection Period
Max Price Range (%)
Max RSI Range
Toggle for “Please add RSI(14) indicator” reminder
Ideal for spotting flat markets and refining breakout or mean-reversion entries. Free and open-source—feel free to customize and contribute!
Shades the background to highlight consolidation
Places “Range Start” and “Range End” labels at the beginning and end
Displays an info table (RSI value, price range %, RSI range, current state: Rangebound/Trending)
Key Inputs
RSI Length
Overbought / Oversold Levels
Range Detection Period
Max Price Range (%)
Max RSI Range
Toggle for “Please add RSI(14) indicator” reminder
Ideal for spotting flat markets and refining breakout or mean-reversion entries. Free and open-source—feel free to customize and contribute!
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開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。