RSI Custom Buy / Sell / TP

Overview

RSI Custom Buy / Sell / TP is a refined momentum-based indicator designed to help traders identify potential reversal zones, trend continuation opportunities, and realistic Take-Profit (TP) areas using a modified Relative Strength Index (RSI).

This tool enhances the traditional RSI by adding:

Dynamic Buy/Sell markers

Overbought / oversold visual signals

Trend filters

TP projection levels

Optional MFI-based confirmation dots (green/red circles)

It is suitable for scalping, intraday, and swing trading, and works on all markets including Crypto, Forex, Stocks, and Indices.

✨ Key Features
✔ Custom RSI Zones

Multiple adjustable RSI levels

Clear visual separation of bullish and bearish zones

Works as both reversal and continuation confirmation

✔ Buy/Sell Signals

Buy signals appear when price rejects from oversold levels

Sell signals appear when momentum turns from overbought

Signals filtered to avoid low-probability setups

✔ TP Projection Levels

Automatic TP1, TP2, TP3 plotted using RSI structure

Helps traders manage exits more systematically

Reduces emotional decision-making during strong moves

✔ Optional MFI Confirmation

Green circles → bullish momentum confirmation

Red circles → bearish momentum confirmation

Filters noise, especially on lower timeframes

✔ Multi-Timeframe Ready

Effective for:

1m – 5m scalping

15m – 1h intraday

4H – 1D swing

📘 How to Use the Indicator
1. Look for RSI Reversal Signals

Buy Setup:
RSI dips into oversold → Buy arrow appears → Optional MFI green dot

Sell Setup:
RSI enters overbought → Sell arrow appears → Optional MFI red dot

2. Confirm with Trend (Optional)

You can add moving averages or EMAs on your chart.
Best signals occur when:

Buys align with bullish trend

Sells align with bearish trend

3. Take-Profit Management

The indicator automatically plots TP levels:

TP1: Conservative exit

TP2: Moderate trend continuation

TP3: Aggressive / full target

Close your trade at any TP depending on:

Your risk appetite

Market volatility

Trend strength

4. Stop Loss Guidance

Although SL is not plotted by default, recommended placements:

For buys: Below swing low

For sells: Above swing high

⚠ Disclaimer

This indicator does not repaint and is intended for educational and informational purposes only.
It should not be taken as financial advice.
Always combine it with proper risk management and personal trading strategies.

📩 Credits

Created by: Anonimous
Version: Latest Build
Category: Momentum / RSI-Based Tools