Stochastic RSI heatmap

The heatmap color visible on bands is applied using the following rules, based on stochastic RSI:

Stochastic RSI >= 75 = yellow
Stochastic RSI >= 87 = orange
Stochastic RSI >= 100 = pink

Adaptive bands

Users also have the ability smooth the RSI with their preferred smoothing method ( SMA , EMA , HMA , RMA, WMA ) and length. This leads to different behavior in RSI, rendering the typical RSI extremes (> 70 or < 30) suboptimal or even useless.

By enabling adaptive bands, the extremes are readjusted based on typical RSI pivot points (median pivots ), which gives much more relevant reference points for oversold/overbought conditions in both global and local RSI. This feature can be used without smoothing, but it rarely provides a meaningful difference, unless the RSI calculation length is messed with.

Adaptive bands disabled

When adaptive bands are disabled, extremes in RSI are static, but with smoothing on they might not be relevant.

Adaptive bands enabled

Enabling adaptive bands fixed the issue by learning how smoothed RSI has historically moved, identifying the extremes much better.