RSI Analysis
The RSI status for each time frame over the past 12 hours is displayed as a heatmap, allowing you to instantly grasp the recent market momentum
How to Read & Use This Tool
The RSI Analysis Heatmap lets you check the RSI (Relative Strength Index) across multiple currency pairs and timeframes at a glance through colors. From the basic concepts to chart reading and trading procedures, we'll guide even beginners through it step by step.
14 Key Terms to Know First
Just understanding these 4 terms before using the tool will dramatically speed up your learning.
① RSI (Relative Strength Index)
A technical indicator that expresses the balance between upward and downward price pressure on a scale of 0–100. The higher the RSI, the stronger the buying momentum; the lower, the stronger the selling momentum.
② Overbought & Oversold
When RSI rises above 70, the market is considered "overbought" (overheated); when it drops below 30, "oversold" (undervalued). These extremes signal that price has moved too far in one direction—and that a reversal becomes more likely.
③ 14-Period (Standard Setting)
Calculating from the most recent 14 candles is the industry standard. For each timeframe, RSI is calculated based on roughly the last 70 minutes (5m) / about 3.5 hours (15m) / about 7 hours (30m) / about 14 hours (1h).
④ Counter-Trend (Mean Reversion)
A popular strategy with RSI that targets the "snapback" from overheated markets—selling when overbought and buying when oversold. This tool is designed to support this counter-trend approach.
2What Can This Tool Do?
Spot Overbought/Oversold at a Glance
Each symbol's RSI value is shown by color. Dark Blue = Overbought / Dark Red = Oversold—understand market overheating intuitively.
Monitor 4 Timeframes at Once
5-minute, 15-minute, 30-minute, and 1-hour RSIs consolidated on a single screen. Instantly verify whether short-term and mid-term overheating align.
Fast Symbol Screening
Scan currency pairs, indices, commodities, and cryptocurrencies in seconds. The perfect pre-filter for finding extreme RSI values (overbought/oversold) before opening detailed charts in MT4/MT5.
3Reading the Colors — 9-Stage Signal
Each cell shows the RSI value for that symbol on that timeframe. The further RSI moves above or below the central 50, the more intense the color, indicating stronger overheating or undervaluation.
| Color | RSI Level | What the Signal Means |
|---|---|---|
| Dark Blue | 80+ | Extreme overbought. Reversal risk is very high. Counter-trend sell candidate. |
| Blue | 70–80 | Overbought. Short-term correction is more likely. |
| Light Blue | 60–70 | Slightly heated. Buying momentum is strong but hasn't reached the overbought zone. |
| White / Neutral | 40–60 | Normal range. No clear overheating or undervaluation. Confirm trend direction with other indicators. |
| Light Red | 30–40 | Slightly bearish. Selling momentum is strong but hasn't reached the oversold zone. |
| Red | 20–30 | Oversold. Short-term rebound is more likely. |
| Dark Red | <20 | Extreme oversold. Rebound risk is very high. Counter-trend buy candidate. |
44 Key Patterns to Remember
By reading the heatmap vertically (across all timeframes for the same symbol), you can identify typical reversal opportunities.
Pattern A — All Timeframes Overbought
How to Spot: All four timeframes are aligned in dark blue (RSI 70+).
What It Means: All timeframes from short to mid agree on "overbought." Reversal is highly likely—the most reliable sell signal.
Strategy: Wait for a 5m drop signal and enter shortPattern B — All Timeframes Oversold
How to Spot: All four timeframes are aligned in dark red (RSI ≤30).
What It Means: All timeframes from short to mid agree on "oversold." Rebound is highly likely—the most reliable buy signal.
Strategy: Wait for a 5m bounce signal and enter longPattern C — Short Timeframes Only Oversold
How to Spot: 30m and 1h are near neutral; 5m and 15m have turned red (oversold).
What It Means: A short-term correction within a larger flow. The bottom is likely near—a prime opportunity to buy the dip.
Strategy: Buy when 5m RSI crosses back above 30Pattern D — Short Timeframes Only Overbought
How to Spot: 30m and 1h are near neutral; 5m and 15m have turned blue (overbought).
What It Means: A short-term overheating within a larger flow. The top is likely near—a prime opportunity to sell the rally.
Strategy: Sell when 5m RSI crosses back below 7055-Step Daily Workflow
Use this tool not as "the answer" but as a pre-filter for narrowing down overheated/undervalued symbols. Make this routine part of your day:
6Do's and Don'ts
7Frequently Asked Questions (FAQ)
Why a "14-period" RSI?
14 was the value proposed by RSI inventor J.W. Wilder—the de facto industry standard. It offers the best balance between responsiveness and noise reduction, making it widely supported across day trading and swing trading. Across the four timeframes this tool covers, 14 periods represents roughly the last 70 minutes (5m) / about 3.5 hours (15m) / about 7 hours (30m) / about 14 hours (1h) of price action.
If RSI exceeds 70, should I sell immediately?
No, that's dangerous. In strong trends, RSI can stay above 70 while price continues rising. Treat "overheating" as "reversal becomes more likely," not "reversal now." Confirm with candlestick reversal signals and other timeframes' RSIs before entering.
What does the 50 line mean?
The 50 line represents the "neutral point" where buying and selling momentum are balanced. When RSI crosses above 50, upward momentum dominates; when it crosses below, downward momentum dominates. The "White / Neutral" color (RSI 40–60) in this tool corresponds to this balance zone.
What is divergence?
Divergence is when price and RSI move in opposite directions. For example, when price hits a new high but RSI is lower than its previous high, it's called "bearish divergence"—a powerful reversal signal. Since this tool focuses on RSI values, confirm divergences in your MT4/MT5 charts.
Can I win with this tool alone?
No. This is a scanner to narrow down overheated/undervalued symbols. Actual entries should combine multiple factors: candlestick reversal patterns, support/resistance, stop loss placement. Risk management (e.g., risking no more than 1–2% of your account per trade) is also essential.
How do I use RSI in strong trends?
In strong uptrends, you can shift the thresholds from "30/70" to "40/80" (downtrends: "20/60"). This makes it easier to target dip buying and rally selling within the trend. Combining with the Moving Average Analysis Heatmap helps determine trend strength.
8Glossary (Mini-Dictionary for FX Beginners)
- RSI (Relative Strength Index)
- An oscillator that expresses the ratio of upward to downward price pressure on a 0–100 scale. Developed by J.W. Wilder in 1978.
- Oscillator
- A general term for indicators whose values oscillate within a fixed range (e.g., 0–100 for RSI). Used to identify overbought/oversold conditions and turning points.
- Overbought Zone
- The region where RSI is 70 or higher. Indicates that price has risen too much and the risk of correction or reversal is increasing.
- Oversold Zone
- The region where RSI is 30 or lower. Indicates that price has fallen too much and the risk of rebound or rally is increasing.
- 50-Line (Centerline)
- The midpoint of RSI. The neutral point where buying and selling momentum are balanced—often used as a trend transition reference.
- Divergence
- When price and RSI move in opposite directions. A powerful trend-reversal signal.
- Reversal
- When the market reverses direction. Reversals from RSI's extreme values are the textbook reversal-strategy setup.
- Momentum
- The market's strength or driving force. RSI is one of the most representative indicators that quantify this momentum.
- Counter-Trend (Mean Reversion)
- Entering against the trend. The basic strategy this tool relies on, using RSI's overbought/oversold extremes.
- Multi-Timeframe Analysis
- A method of analyzing the market by combining multiple timeframes. This tool visualizes that analysis.