UCTRPB RSI Price Bands [CoinTadpole]

UCTRPB RSI Price Bands [CoinTadpole]

UCTRPB is a predictive price band indicator that reverse-engineers the RSI formula to project exact price levels where RSI would reach specific thresholds. This allows traders to plan systematic entries and exits BEFORE price arrives at key levels.


🔶 WHAT MAKES THIS DIFFERENT FROM EXISTING INDICATORS

This is NOT a simple RSI overlay, threshold alert, or basic reverse-calculation script.

Most open-source RSI tools provide:
- Current RSI value only (reactive, not predictive)
- Single threshold lines displayed on a separate RSI panel
- Alerts triggered AFTER RSI crosses a level (too late for preparation)

UCTRPB provides capabilities that standard RSI indicators cannot offer:

1. Reverse-Engineering Price Projection
While normal RSI calculates momentum FROM price, this indicator works backwards. It solves the RSI equation in reverse using Wilder's smoothing method to determine what price movement would produce a specific RSI value, then projects those levels directly on your price chart as dynamic bands.

2. Multi-Tier Zone System
Instead of single lines, displays gradient zones with upper and lower boundaries. The oversold zone shows two levels (default: RSI 20 and RSI 25), and the overbought zone shows two levels (default: RSI 73 and RSI 80). This enables systematic position building across multiple price levels.

3. Real-Time Percentage Distance Labels
Displays exact percentage distance from current price to each zone boundary. You instantly see how far price needs to drop to reach oversold (-X%) or rise to reach overbought (+X%).

4. Adaptive EMA Smoothing
User-adjustable smoothing parameter (1-20) adapts band responsiveness to different market conditions. Lower values for volatile low-cap altcoins, higher values for stable large-cap assets like Bitcoin.

5. Integrated Info Dashboard
All critical values displayed in one compact table: Current RSI, Current Price, Oversold Zone range, Overbought Zone range. Monitor everything at a glance without cluttering your chart.

6. Pre-Calculated DCA Entry Targets
Calculates exact prices for multiple RSI thresholds simultaneously, enabling planned Dollar-Cost Averaging entries before price arrives at those levels.




🔶 THE PROBLEM THIS SOLVES

Many traders want to accumulate at RSI oversold levels. However, they face a critical challenge:

The Challenge:
- "I want to buy when RSI hits 20-25"
- But what PRICE will that be?
- You cannot know in advance
- By the time RSI shows oversold, the opportunity requires instant reaction

Manual reverse-calculation of RSI is mathematically complex and practically impossible in real-time. The formula involves Wilder's exponential smoothing with rolling averages that change every bar.

The Solution:
UCTRPB pre-calculates these price levels dynamically, updating with each new bar. You see target prices BEFORE the move happens, allowing systematic order placement rather than reactive decisions.



As shown above, price touched the oversold zone and bounced. The indicator projected this support level BEFORE price arrived there.


🔶 MULTI-LEVEL DCA PLANNING SYSTEM

Unlike single-threshold indicators, UCTRPB displays a dual-boundary zone system for systematic position building:

🟢 Oversold Zone (Green Band) - For Accumulation Planning

The green gradient band shows where RSI would become oversold.
Default settings: RSI 20-25

- Upper boundary (RSI 25): First accumulation target - conservative entry
- Lower boundary (RSI 20): Second accumulation target - aggressive entry

Example: Current price $1.00
- RSI 25 level = $0.88 (-12%) → Place 1st limit buy
- RSI 20 level = $0.82 (-18%) → Place 2nd limit buy

🔴 Overbought Zone (Red Band) - For Take-Profit Planning

The red gradient band represents where RSI would enter overbought territory.
Default settings: RSI 73-80

- Lower boundary (RSI 73): First take-profit target - secure partial gains
- Upper boundary (RSI 80): Second take-profit target - extended target

Example: Current price $1.00
- RSI 73 level = $1.15 (+15%) → Place 1st take-profit
- RSI 80 level = $1.28 (+28%) → Place 2nd take-profit

This systematic approach enables:
- Planned DCA entries at multiple levels instead of single-point entries
- Graduated take-profit strategy to secure gains progressively
- Execution based on predetermined plan rather than emotional reactions
- Clear visibility of risk/reward before entering any position



Labels display exact price range and percentage distance to each zone, allowing precise limit order placement.


🔶 HOW THE ALGORITHM WORKS

The indicator applies reverse RSI calculation using Wilder's smoothing method:

Step 1: Retrieve Current RSI Components
Extracts current Average Gain and Average Loss values calculated using Wilder's exponential smoothing over the specified period (default: 14 bars).

Step 2: Calculate Target RS Ratio
For a target RSI value, calculates the required Relative Strength ratio.
Formula: Target RS = Target RSI / (100 - Target RSI)
Example: For RSI 25 → Target RS = 25/75 = 0.333
Example: For RSI 20 → Target RS = 20/80 = 0.250

Step 3: Determine Required Price Change
Based on current averages and Wilder smoothing formula, calculates what price change in the next bar would produce the target RS ratio. This accounts for how the new bar's gain/loss affects the smoothed averages.

Step 4: Project Price Levels
Converts required price change to actual price levels displayed as bands on the chart.

Step 5: Apply Adaptive Smoothing
EMA smoothing reduces noise while maintaining responsiveness. Adjustable from 1 (raw, responsive) to 20 (smooth, stable).

Mathematical Foundation:
RSI = 100 - (100 / (1 + RS))
where RS = Average Gain / Average Loss

UCTRPB solves this equation BACKWARDS to find the price that would produce a target RSI.


🔶 INFO TABLE DASHBOARD

The information table provides quick reference without cluttering the chart:

- Current RSI: Real-time RSI value
- Current Price: Latest closing price
- Oversold Zone: Price range for oversold territory
- RSI Range: Your configured RSI levels
- Overbought Zone: Price range for overbought territory

All critical values visible at a glance. Table position is adjustable (Top/Bottom, Left/Right).



Dashboard displays Current RSI, Price, and Zone levels in one place for quick reference.


🔶 BAND SMOOTHING SETTINGS

The Line Smoothing parameter (default: 15) controls band appearance:

Lower Values (1-10):
- More responsive, sharper bands
- Reacts quickly to price changes
- Better for volatile, low-cap altcoins with rapid price movements
- May show more noise

Higher Values (15-20):
- Smoother, more stable bands
- Filters out short-term fluctuations
- Better for high market cap assets (BTC, ETH) with substantial liquidity
- Cleaner visual appearance

Adjust based on the asset's typical volatility characteristics.


🔶 NON-REPAINTING CONFIRMATION

This indicator does NOT repaint:
- All calculations use closed bar data only
- Historical bands remain fixed after each bar closes
- What you see on historical charts is exactly what was displayed in real-time
- Intrabar fluctuations may show potential levels, but final levels are confirmed only at bar close


🔶 RECOMMENDED SETTINGS

Timeframes:
- 15-minute and 1-hour charts recommended for active trading
- 4-hour and Daily for swing trading setups
- Lower timeframes may produce more noise

Conservative Settings (Fewer but stronger signals):
- Bitcoin: Oversold 20-25, Overbought 75-80
- Large-cap Altcoins: Oversold 20-25, Overbought 73-80

Aggressive Settings (More opportunities):
- Small-cap Altcoins: Oversold 23-28, Overbought 70-75
- Higher RSI thresholds = more frequent zone touches



Price approaching the overbought zone tends to face resistance, as shown above.


🔶 IMPORTANT LIMITATIONS

- This indicator shows where RSI "would be" IF price moved there in the next bar
- Bands recalculate dynamically with each new bar as market conditions change
- This is a planning and analysis tool, not a guarantee of reversal at those levels
- Strong trends can push through oversold/overbought zones without immediate reversal
- Always use in conjunction with other analysis methods (support/resistance, volume, trend)
- Market conditions can change rapidly and invalidate projected levels


🔶 RISK DISCLAIMER

Trading involves substantial risk of loss. This indicator is provided for educational and informational purposes only. It does not constitute financial advice. Past indicator performance does not guarantee future results. All investment decisions are entirely your own responsibility.


🔶 HOW TO GET ACCESS

This script is provided as Invite-Only. To request access, please check the links in my TradingView profile.