Stop Scanning Between Candles and the Oscillator — The Only RSI That Lives on Price
Every trader who has ever used the default RSI knows the same problem. It sits in a separate window below the candles, forcing your eyes to scan up and down on every read. When the RSI prints “72”, you have no idea what price the market needs to reach for it to print “70” again. Overbought is an abstract number, not a chart location — and the cognitive switch between candles and oscillator destroys pattern recognition.
Reverse RSI Phantom fixes this by inverting Wilder’s RSI formula. Given the previous bar’s smoothed up-move and down-move averages, the indicator computes the exact price at which RSI would equal 70 (overbought), 30 (oversold), and 50 (midline) right now — and plots those prices as live bands directly on your candles. Reading the RSI becomes a glance, not a scan. On top of that price-level engine sit a 5-layer confluence scoring system, an automatic SL + 3 TP target ladder, regular RSI divergence detection, a 16-row live dashboard, and a 13-event alert package with webhook-ready JSON.
- Price-Level OB/OS Bands — Closed-form inverse of Wilder’s RSI math. RSI 70 / 30 / 50 plotted as actual price levels on your candles, updated tick-by-tick. No iteration, no approximation — the bands are exact.
- 5-Layer Confluence Engine — Trend regime, RSI confirmation, band retest, divergence, and volume burst. Each signal labelled with stars (1–5) showing how many filters passed. Adjustable minimum-confluence threshold.
- Non-Repainting Signal Engine — Every signal evaluated on confirmed bar close. The bands themselves don’t move during the current bar either — they’re computed from the previous bar’s settled RMA values.
- Three SL Modes + Three TP Targets — Choose ATR + Band, Pure ATR, or Recent Swing stop. TP1 / TP2 / TP3 at configurable R-multiples (default 1R / 2R / 3.5R), all drawn forward 40 bars with right-side price labels.
- Live TP/SL Hit Tracking — TP1 / TP2 / TP3 / SL hits dropped as labels on the bar where they fire. Dashboard tracks Wins, Losses, and Win-Rate %, with the partial-profit rule (TP1 hit before SL = win).
- Supertrend Trend Gate on the Midline — State-machine Supertrend applied to the RSI=50 midline, not raw price. Filters counter-trend signals when enabled. Midline colors mint/red to encode regime visually.
- 16-Row Multi-Section Dashboard — Market context, RSI engine state, live buy/sell confluence scores, active signal (entry, SL, TP1/2/3 with checkmarks), and performance counters. Pixel-anchored with X/Y nudge controls.
- 13 Alerts With Webhook JSON — BUY, SELL, trend shifts, divergences, band entries, TP1/2/3 hits, SL hit. Each event ships structured JSON for Telegram, Discord, 3Commas, or any webhook bot.
- Built for TradingView — Pine Script v6, works on every TradingView plan (Free through Premium), every symbol type (forex, indices, metals, commodities, stocks, crypto), and every timeframe from 1-minute to monthly.
Right now the indicator is available at a launch price of just $47 (regular price $147 — save 68%). One-time payment, no subscriptions, lifetime updates pushed automatically to your TradingView account, and a full 60-day money-back guarantee.
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