RDI Price Zones

Overview

RDI Price Zones is a manual price-level visualization indicator.
It draws user-defined horizontal zones and a reference line to help visually organize important price areas on the chart.

This script does not calculate, infer, or fetch market data.
All levels are entered manually by the user.

What it draws

• Reference Line — A horizontal line at a user-defined price level.
• Upper Zones — Rectangular price areas drawn to the right of the chart.
• Lower Zones — Rectangular price areas drawn to the left of the chart.

These elements are purely visual and do not generate signals.

Inputs

• Up to three upper zone price levels (manual input).
• Up to three lower zone price levels (manual input).
• One reference price level.
• Zone thickness defined as a percentage of price.
• Optional color and border settings.

Design notes

• Zones are drawn as rectangles anchored to price levels.
• Rectangles extend a fixed number of bars for visualization purposes only.
• Percentage-based thickness allows zones to scale across different instruments.

Usage

This indicator is intended to help users visually map predefined price areas during a session.
It does not predict price movement, suggest trades, or provide trading signals.

Disclaimer

This script is provided for educational and visualization purposes only.
It does not offer trading advice, does not guarantee results, and should not be used as the sole basis for trading decisions.

Short summary (≤200 chars)

Manual price-zone visualization tool. Draws user-defined rectangular zones and a reference line. No calculations, no signals, no predictions. Educational use only.