Invite-only TradingView indicator

Stop translating RSI into price. Read it on the chart.

RSI sits in a window under the chart and tells you a number. What you actually need is the price at which it would become overbought or oversold. Reverse RSI Phantom solves the RSI formula backwards and draws those prices as bands, then scores buy and sell signals against five layers and draws the stop and three targets.

  • The price where RSI would be 70, 50 and 30, as bands
  • A Supertrend run on the RSI midline as the trend gate
  • Regular RSI divergence, detected from pivots
  • Signals scored out of five, on closed bars only

$47one payment, lifetime access

Get lifetime access
See the script page on TradingView
Reverse RSI Phantom on a gold one-hour chart in TradingView: RSI overbought and oversold levels drawn as price bands, a three-star BUY, the stop loss and targets, and the dashboard
  1. Scored signalThree stars of five, against a minimum of two.
  2. Upper bandThe price at which RSI would reach 70.
  3. Lower bandThe price at which RSI would reach 30.
  4. Targets in RAt 1R, 2R and 3.5R by default.
Watch it work

Reverse RSI Phantom on TradingView, on camera

The published walkthrough: the indicator on real charts, what its inputs do, and which signals to take and which to skip.

RSI Signals on TradingView: Same Stars, Only One Trade · Watch on YouTube

RSI answers the wrong question

RSI tells you it is at 64. It does not tell you what you want to know, which is how far price has to go before it is at 70, and whether that level is above or below the resistance you are watching.

So you look down at the oscillator, look up at the chart, and guess. You also give up a third of your screen to a window whose only job is to show one number.

The RSI formula can be solved the other way round: for any target RSI value there is exactly one price on the current bar that would produce it. Reverse RSI Phantom computes that price in closed form, with no iteration and no approximation, and draws it.

PlatformTradingView, Pine Script
TypeOverlay indicator, invite-only
SignalsOn confirmed bars only
BandsRSI 70, 50, 30 as prices
Confluence5 layers, minimum set by you
Alerts13 conditions
AccessLifetime, one TradingView username
Price47 USD, one payment

The script page on TradingView is public. Read the full description there before you pay.

What you get

What it puts on the chart

An oscillator turned into price levels, with a signal engine built on top of them.

Reverse RSI bands

The exact price at which RSI would equal 70, 50 and 30 on this bar, with two outer bands for the extreme zone and an optional smoothing.

Fixed for the bar

The bands come from the previous bar's values, which cannot change. They stay put while the bar forms and only the close moves.

Supertrend on the midline

Supertrend is run on the RSI 50 line, not on raw price. It is smoother, so the trend regime flips less often for no reason.

Trend gate

On by default. Buys are allowed only in a bullish regime and sells only in a bearish one, however many layers pass.

RSI divergence

Regular bullish and bearish divergence from pivots on the RSI line. Hidden divergence is left out on purpose: on retail timeframes it is noisier.

Five-layer score

Trend regime, RSI confirmation, a recent band retest, divergence and a volume burst. One star each, default minimum two.

Stop and three targets

The tighter of an ATR stop and a band-anchored stop by default, with targets at 1R, 2R and 3.5R, tracked and ticked off.

16-row dashboard

Regime, price against the midline, RSI and both band prices, live buy and sell scores, and the open trade. Six positions.

Thirteen alerts

Signals, trend shifts, divergences, closes beyond either band, each target and the stop. Nothing fires for old history.

See it working

A closer look, on real charts

Every picture below is a TradingView capture with numbered notes added. Nothing on the charts is drawn by hand. Click any image to enlarge it.

Close view of a gold chart showing the Reverse RSI Phantom overbought and oversold price bands, a two-star SELL and the stop loss line
  1. Overbought bandPrice here would put RSI at 70.
  2. Oversold bandPrice here would put RSI at 30.
  3. SELL at two starsAllowed only in a bearish regime.
  4. Stop lossThe tighter of ATR and band.
Bands from the RSI formula

The level is a price now

The upper band is where RSI would read 70 and the lower band where it would read 30. You can see at a glance how much room price has before momentum is stretched, and whether that point lines up with a level you already care about.

A close beyond a band, a flip of the midline trend or a confirmed divergence can each start a signal. Whether it prints depends on the score.

  • Overbought and oversold levels editable
  • Outer bands 25 percent further out
  • Optional 14-period smoothing
The Reverse RSI Phantom dashboard: market context, RSI engine with band prices, live confluence scores and the active signal with entry, stop and targets
Dashboard

The band prices, in numbers

The RSI block gives the current RSI with its state and the two band prices on one row, so you can set a limit order or an alert at the exact level without hovering over the chart.

Below it are the live buy and sell scores against your minimum, and the open trade with entry, stop and the three targets. A last block keeps the tool's own running counts on this chart.

  • Market context: trend regime, price against the midline, ATR
  • RSI engine: RSI and state, both band prices, divergence and volume
  • Confluence: live buy and sell scores
  • Active signal: direction, entry, stop, TP1, TP2, TP3
Any market

Anywhere RSI works, this works

The inversion is pure arithmetic on the RSI formula, so it applies to any symbol and any timeframe.

The volume layer needs real volume. Where there is none, switch that layer off: a disabled layer awards a free point, so your scores stay comparable.

Reverse RSI Phantom on a XAUUSD chart in TradingView, with its signals, levels and dashboard
XAUUSD, goldMetals
Reverse RSI Phantom on a EURUSD chart in TradingView, with its signals, levels and dashboard
EURUSDForex
Reverse RSI Phantom on a GBPJPY chart in TradingView, with its signals, levels and dashboard
GBPJPYForex
Reverse RSI Phantom on a NVDA chart in TradingView, with its signals, levels and dashboard
NVDA, NVIDIAStocks
Reverse RSI Phantom on a WTI crude oil chart in TradingView, with its signals, levels and dashboard
WTI crude oilEnergy
Reverse RSI Phantom on a XAGUSD chart in TradingView, with its signals, levels and dashboard
XAGUSD, silverMetals
Under the hood

Solving RSI backwards

RSI turns average gains and losses into a number from 0 to 100. Here the number is given and the price is the unknown.

  1. Pick the level

    Say 70. That fixes the ratio of average gain to average loss that RSI would need: 70 divided by 30.

  2. Use the last bar

    Take the smoothed average gain and loss as they stood at the close of the previous bar. Those values can no longer change.

  3. Solve for the move

    Work out the single price change on this bar that would bring the averages to that ratio. It is one formula, not a search.

  4. Draw it

    Add that change to the previous close. That price is the band. Repeat for 50 and 30.

What it does

  • Shows RSI levels as prices, on the chart itself
  • Keeps the bands fixed while the bar is forming
  • Scores each signal and gates it by the midline trend
  • Draws and tracks a stop and three targets

What it does not do

  • It does not place trades. It is an indicator, not a strategy or a robot
  • It does not detect hidden divergence, by design
  • It does not predict price: a band is where RSI would be stretched, not where price must turn
  • It does not replace position sizing and a risk limit of your own
Side by side

A standard RSI compared with Reverse RSI Phantom

Standard RSIReverse RSI Phantom
Where it livesA separate windowOn the price chart
What it tells youA number from 0 to 100The price at which RSI hits 70, 50, 30
Trend contextNoneSupertrend on the RSI midline
DivergenceSpot it yourselfDetected from pivots and marked
SignalsThreshold crossesFive layers, scored, trend-gated
Stop and targetsNoneDrawn with the signal, in R
Get access

One payment. Lifetime access.

No subscription and no renewal. Pay once and the indicator stays on your TradingView account, updates included.

Reverse RSI PhantomTradingView indicator

$47one payment, lifetime access

  • Invite-only access for one TradingView username
  • All future updates to the script, at no extra cost
  • Works on the free TradingView plan and every paid plan
  • Direct support from me, the developer, by email
Pay by cardCard, Apple Pay or Google Pay, through Stripe
Pay with PayPalPayPal balance or card, through PayPal

Access is granted by hand from my TradingView account, normally within a few hours and always within 24 hours of your form arriving.

Because access to an invite-only script cannot be handed back, a sale is final once access has been granted. The script page on TradingView is public, so you can read the full description and see it on charts before you pay.

The full terms of sale and the privacy notice for buyers are one page each, in plain language.

Trading carries risk of loss. This is an analysis tool, not financial advice, and no indicator can promise a profit.

Questions

Before you buy

Does Reverse RSI Phantom repaint?

No. All signals are evaluated on closed bars only. The bands are non-repainting in a stronger sense: they are computed from the previous bar's smoothed values, which are fixed once that bar has closed, so the band positions do not move while the current bar forms.

Is this just RSI drawn differently?

The bands are RSI, solved for price, and that alone changes how you use it: you can place an order or an alert at the level. On top of that the indicator adds a trend regime from a Supertrend on the midline, pivot-based divergence, a five-layer score and a stop with three targets.

Which alerts does it have?

Thirteen, all on the bar close: BUY, SELL and any signal, bullish and bearish trend shift, bullish and bearish divergence, a close above the upper band or below the lower band, TP1, TP2, TP3 and the stop. Nothing fires for old history when you first add the indicator.

Do I need a paid TradingView plan?

No. Invite-only indicators work on the free plan. The free plan limits how many indicators you can have on one chart and how many alerts you can run, so a paid plan helps if you use many, but it is not required for this one.

How fast do I get access?

I grant access by hand from my TradingView account. It is normally done within a few hours and always within 24 hours of your form arriving, including weekends.

Is this a subscription?

No. It is one payment of 47 USD for lifetime access on one TradingView username, with future updates included.

Can I get a refund?

Once access has been granted the sale is final, because access to an invite-only script cannot be returned. That is why the script page on TradingView is public: read it and look at the charts first. If you paid and access has not been granted yet, email me and I will refund you in full.

Can I change the TradingView username later?

Yes. Email me from the address you bought with and I will move the access to your new username.

Is there a version for another platform?

Yes. A MetaTrader 4 and 5 edition is on the MQL5 Market. It is a separate product sold by that store; this page is the TradingView edition.

Will it make me money?

No indicator can promise that, and this one does not. It gives you a clear, rule-based reading of the chart and a plan to work from. What you do with that, and how you size positions, decides the outcome.

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Put it on your chart today

47 USD once. Lifetime access on your TradingView username, updates included, and access granted within 24 hours.