RSI Value Only

Displays only the current RSI value (no classic line or plot) in a clean, fixed box in the top-right corner of the chart.

OVERVIEW
This minimalist indicator shows just the current RSI value (default period 14) as a numeric label directly on your chart — no clutter from the usual RSI curve or oscillator pane. Perfect for traders who want a quick glance at RSI momentum while keeping the price action clean and focused. The text color changes dynamically based on classic RSI zones: red for overbought (>70), lime green for oversold (<30), gray for neutral.

KEY FEATURES
• Current RSI value formatted to 2 decimal places
• Fixed position in the top-right corner (always visible, even when scrolling or zooming)
• Dynamic text color:
- 🔴 Red if RSI > 70 (overbought – caution, potential pullback)
- 🟢 Lime if RSI < 30 (oversold – possible bounce opportunity)
- ⚫ Gray otherwise (neutral zone)
• Semi-transparent black background with light border for readability without distraction
• Larger text size (size.large) for easy reading at a glance
• Customizable RSI period and source (via inputs)

HOW TO USE
1. Add the indicator to your chart
2. The RSI value instantly appears in the top-right corner
3. Watch for extremes:
- RSI > 70 → Be cautious; momentum may be exhausted (risk of reversal or correction)
- RSI < 30 → Look for potential buying opportunities
4. Combine with price action, support/resistance, volume, or other tools for better context

CUSTOMIZABLE PARAMETERS
• RSI Period (default: 14)
• Source (default: close)

NOTES
• No built-in alerts yet — you can set manual alerts on RSI levels via TradingView
• Designed to be ultra-discreet: zero plots, zero drawings over price
• Open-source and free — feel free to fork, modify, or suggest improvements!

Happy trading! 📈