RSI Reverse Engineering indicator

RSI Reverse Engineering indicator

With the RSI Reverse Engineering indicator, you are able to calculate the price of the next candle on a certain value of the RSI. E.g. what price is needed for the RSI to be at 70 on the next candle.

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

  1. Matt B • 68 days ago #

    Thank you Louis. I just download,
    Which system do you recommend ?

    • Louis Winthorp III • 56 days ago #

      Hi Matt, there is not a specific system. For traders using the RSI in their setup, with this indicator they can see which share price is needed on the next bar to achieve a certain value RSI value. Let’s say the RSI(x) is currently on 76, and you want to know the share price the next bar if the RSI would touch the 80 line. The indicator gives you the needed share price.

  2. Kosuda76 • 64 days ago #

    Hi Louis! This indicator has helped me a lot, has tried to get the RSI 30 extracted in the graph without success. Can you help me?

  3. Louis Winthorp III • 56 days ago #

    Hi Kosuda76, have you downloaded the rsi_revengineering.itf file? Then you can set any value you want. (The example code above contains hard coded 70 and 14 values)

  4. Kosuda76 • 48 days ago #

    Thanks for your reply! But I do not really understand what the opposite of them the values ​​you entered. ;-(

Register or


avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
myhlo Super Nicolas !! Cet indicateur offre une nouvelle lecture du Rsi ! Ces bandes up & Dawn...
luxrun Good evening Nicholas, I can not see the colors on the line of the moving average, but only ...
Nicolas Yes, you must choose the oscillator that will color the moving average. Example: ONCE UseC...
soulintact That is one of the greater indicators I have implemented. Thanks Nicolas!
Rasit Yavuz Good job,I like so much.Thanks Nicolas
2 months ago
luxrun Thanks, bolsatrilera, for a very good and solid screener!
luxrun sorry... indicator!
Lily Rios Gracias por el indicador, tengo una pregunta necesito programar un screener de valores que e...
Bebbo Grazie del prezioso contributo Nicolas, scusa la mia inesperienza, sono alle prime armi e s...
Nicolas To avoid recalculation, you should use the one from this post.
Bebbo Ok Grazie Nicolas.
4 months ago
supertiti Hola Ale Can we have this same code from Nicolas's code in smoothed heikin Ashi? Sorry...
ALE Ok, We can discuss in the topic "3D Candlesticks TOPIC" Write me more details
6 months ago
enricot Ciao Nicolas scusa se ti scrivo qui, ma sono nuovo e nn riesco a creare un nuovo post, cio...
enricot Scusa nn riesco.
SoloContado If you smooth the signal using a "summation" function, you get a nice "crossing of 0" graph....
criscolci Thanks a lot!
Bard Cheers for doing Ehler's latest indicator Despair, much appreciated.
JanWd Hey Doctrading, I tried your code, optimising the A and V and the RSI period, see below. ...
Glen Marquis This will work as there is plenty of room for the Target before the Stop, yet the Stop would...
magicT I did a copy and paste of this code and PRT 10.3 returns a synthax mistake: OneTradePerD...
8 months ago
Alai-n Thanks...
10 months ago
hartgeld Hallo Nicolas, ein sehr guter Indikator, vielen Dank! Leider rechnet er bei mir nicht die Pe...
rigel Hi Nicolas, have you coded the Jurik alone (as Mov. average)?
Nicolas 2 versions available in this indicator:
Nicolas Changer la base de périodes du RSI original ? Le RSI a du "retard" puisqu'il est toujours né...
macbartin merci, je voulais savoir quel paramètre il faut modifier sur votre indicateur pour le modifi...
Nicolas Cet indicateur est dynamique, il n'utilise pas de période fixe