COLOR RSI The Color RSI using the standard 14-period setting is known as Jimmy's favorite indicator. A super-strong tops and bottoms indicator which has an immensely high success rate. Easy to use for beginners. Will give you the right reversal signals 99% of the time on the Daily, Weekly and Monthly charts. Colored Overbought and Oversold areas of the oscillator can easily guide you in trading and manual backtesting.