The RSI Velocity Gauge is a momentum indicator designed for cTrader that overlays a dynamic, mechanical-style dashboard directly on trading charts. It provides real-time tracking of the Relative Strength Index (RSI) on every tick, visualized as a radial speedometer with color-coded zones indicating market momentum and pressure. The gauge uses a dark-mode interface with colors representing seller dominance (red/orange) and buyer dominance (green/mint).
Key features include automatic candle coloring to reflect bullish (green) or bearish (red) momentum based on RSI values, an interactive pop-up legend explaining zone meanings, and fully responsive UI scaling with adjustable sizes (small, medium, large) and corner positioning options. Users can customize RSI calculation periods, gauge colors for five momentum bands, and toggle candle painting on or off.
The indicator divides RSI values into five zones: Extreme Oversold (0–20), Oversold (20–40), Neutral (40–60), Overbought (60–80), and Extreme Overbought (80–100), helping identify potential reversal or exhaustion points. The RSI Velocity Gauge serves as a comprehensive momentum visualization tool, integrating smoothly into trading layouts for enhanced market speed, strength, and trend analysis.