OPEN-SOURCE SCRIPT

Arisa RSI Rebound Alert (v6.2)

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Short description:
Simple RSI-based rebound detection with ATR confirmation — designed for traders who prefer a clean and intuitive signal.

Full description:
This indicator detects oversold and rebound phases using RSI and confirms the strength of each rebound with ATR slope analysis.
It is optimized for deep correction phases (e.g. RSI 25→35 cross), helping traders catch early reversal signals while avoiding unnecessary noise.

💡 Recommended use:
• Timeframes: 30min–4h
• Ideal for short- to mid-term rebound trades
• Combine with Heikin-Ashi or volume expansion for higher accuracy

✨ Key Features:
• Clear oversold/rebound thresholds (default RSI <25 / cross-up >35)
• Background highlight for deep oversold conditions
• Visual markers for strong vs. weak rebounds (ATR slope filter)
• Alert-ready (three conditions included)

🪶 Concept:
This script is designed for traders who value simplicity and intuition — focusing on meaningful signals rather than automation overload.
It’s for those who still want to see and feel the market before taking action.



Author:
Arisa Sanjo (Japan)
Created with the support of GPT-5, based on live trading insights from October 2025.

License:
Free to use and modify with proper attribution.
If you redistribute or enhance this script, please mention “Based on Arisa RSI Rebound Alert (v6.2)” in your description.

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