RSI Grid Heatmap

Inspired by TradingView’s original RSI indicator and finalized with the support of Microsoft Copilot, this structural RSI visualizer with contextual color cues offers a minimalist view of RSI behavior using color-coded columns, dynamic labels, and optional data tables (controlled via toggle). It centers around the Relative Strength Index (RSI), its base (14-period average), adaptive volatility bands, etc.— implemented in the same spirit as TradingView’s native RSI + Bollinger setup.
Heatmap Color Interpretations
• 🔷 Teal = Bull Control
• 🟩 Green = Trend Recovery
• 🟦 Blue = Bias Awakening
• 🟨 Yellow = Bear Softening
• 🟧 Orange = Bull Fade
• 🔶 Maroon = Bear Control
• 🔴 Red = RSI Below Base
• 🟢 Green = RSI Above Base
• ⚫ Gray = Neutral / No Trade
What’s Included
• Scaled color columns showing RSI structural shifts
• Optional live label that updates with each RSI state (or health)
• Fill zones indicating rising or falling bias relative to RSI Base
• Toggleable Table Mode: ▸ A full color legend for interpreting RSI states ▸ A 2-row data block showing current RSI, RSI Base, BB Upper, and BB Lower ▸ Band values are updated every bar and shown numerically (not plotted)
A focused, low-noise RSI companion designed to help detect and highlight meaningful momentum shifts. Please use this alongside your favourite RSI indicator for enhanced visual context.
No supportive screenshots are presented here— this script is intentionally kept simple and intuitive. Please, try it once, and the visual cues will speak for themselves.