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Relative Strength Index (RSI)

Momentum Volume Analyzer [CHE] Momentum Volume Analyzer — Adaptive momentum with volume-gated signals and expressive visual cues Summary This indicator combines a normalized momentum oscillator with a volume Z-score gate and adaptive gradient visuals. The oscillator centers around a midline and scales between a lower and an upper bound. Intensity is derived from the distance to the midline and is normalized inside a rolling window, which helps keep contrast consistent across regimes. Volume pressure is compressed to a discrete level between one and ten and is used to qualify momentum flips and extremes. Layered “burst” markers and optional background gradients provide immediate visual emphasis without adding new data sources. Pine version is v6. The script runs in a separate pane. Motivation: Why this design? Common oscillators flip rapidly during noisy conditions or flatten during calm periods, which obscures actionable shifts. A rolling normalization keeps the visual intensity stable across different regimes, and a volume gate reduces reactions when participation is weak. The goal is clearer momentum shifts that are supported by measurable activity rather than cosmetic smoothing alone. What’s different vs. standard approaches? Baseline reference: Classical RSI-style oscillators or simple filtered momentum without volume gating. Architecture differences: Local window normalization with gamma control for contrast. Volume converted to a Z-score and compressed into a discrete level between one and ten with a configurable cap. Directional color gradients that intensify with distance from the midline. Layered glow markers with optional trail and an internal label budget to avoid UI overload. Practical effect: Signals are visually stronger only when both momentum and volume align; background and line colors convey regime strength at a glance. How it works (technical) Momentum core: A high-pass path with automatic gain control produces a bounded oscillator centered around a midline. A simple moving average smooths the result over a short window. Normalization and contrast: The absolute distance from the midline is scaled inside a rolling window and limited between zero and one. Two gamma parameters separately shape contrast for the line and for labels. Coloring: When the oscillator is above the midline, a green gradient is used; below the midline, a red gradient is used. Intensity increases with normalized distance. Optional area fill to the midline and a background gradient reinforce strength. Volume levels: Volume is standardized over a lookback window, clipped by a user cap, and mapped to a level between one and ten. Only positive excursions are considered; non-positive values map to zero. Event markers: When the oscillator reaches extreme zones and the volume level is positive, the script spawns layered circular labels at fixed y-positions. A small trail can extend behind the event. An internal queue discards the oldest labels when a user-defined maximum is exceeded. Alerts: Alerts fire on overbought and oversold spikes, midline shifts with minimum intensity and volume, and continuation patterns inside strong zones. Parameter Guide TFRSI length (default six): Core momentum lookback. Shorter values react faster but are less stable. Signal SMA (default two): Light smoothing of the oscillator. Larger values reduce jitter. Gradient window (default one hundred): Normalization window for intensity. Longer values produce steadier contrast but slower adaptation. Line/marker transparency (default zero): Visual prominence of drawings. Higher values reduce dominance. Background on and BG transparency (defaults true and eighty-five): Enables and tunes the pane background gradient. Area fill to fifty and Fill transparency (defaults true and eighty): Fills between the oscillator and the midline. Gamma bars/labels and Gamma plot (defaults zero point seven and zero point eight): Contrast shapers for markers and line. Higher values compress low intensities. Bottom marker and Show last N (defaults true and three hundred thirty-three): Optional compact heat markers with a display cap. Up/Down colors: Dark and neon pairs for positive and negative regimes. Lookback (default two hundred) and Z cap (default five): Volume standardization window and clipping level before scaling to one through ten. Enable bursts, Layers, Trail, Trail transparency, Max live labels, Size scale: Control the layered glow effect, trail length, opacity, label budget, and size multiplier. Reducing the size scale lowers visual dominance. Spike min level, Shift min level, Min intensity, Rise/Fall length: Gates for alerts; adjust to balance sensitivity and false positives. Reading & Interpretation Line color and intensity: Green shades above the midline indicate bullish pressure; red shades below indicate bearish pressure. Stronger color corresponds to stronger normalized distance. Background and fill: Reinforce regime strength; consider reducing transparency when the pane feels too busy. Bursts and trails: Emphasize volume-backed extremes. Larger bursts reflect stronger volume levels or scaling choices. Volume level: Internal level between one and ten. Levels near the upper bound signal exceptional activity. Practical Workflows & Combinations Trend following: Use midline cross upward with minimum shift level and intensity as a trigger. Confirm with structure such as higher highs and higher lows. For shorts, reverse the conditions. Exits and risk: Fade exposure when intensity weakens toward the midline or when volume level drops below the shift threshold. Consider disabling bursts when monitoring many symbols. Multi-asset and multi-timeframe: Defaults are designed to travel across liquid futures, large-cap equities, and major crypto pairs. For higher timeframes, increase the lookback window and consider reducing the Z cap. Behavior, Constraints & Performance Repaint and confirmation: Signals are evaluated on the live bar. They can appear and withdraw before bar close. For confirmed signals, require closed-bar alerts or manual confirmation. Higher-timeframe sources: Not used. No `security` calls. Resources: `max_bars_back` is two thousand. The script uses arrays and label objects, including loops for trails. The label budget mitigates clutter. Known limits: Very illiquid symbols with unstable volume can reduce the usefulness of the Z-score. Sharp regime changes can still produce brief flips. Sensible Defaults & Quick Tuning Starting point: TFRSI length six, Signal two, Gradient window one hundred, Z cap five, Spike level six, Shift level four, Min intensity zero point four, Rise length three, Size scale zero point five. Too many flips: Increase Signal, increase Gradient window, or raise Shift level. Too sluggish: Decrease TFRSI length or reduce Gradient window. Bursts too dominant: Lower Size scale or reduce Layers; increase Trail transparency or set Trail length to zero. What this indicator is—and isn’t This is a visualization and signal layer that couples momentum with a volume gate and adaptive visuals. It is not a complete trading system, optimizer, or predictor. Use it together with market structure, risk controls, and position management. Disclaimer The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context. Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved. By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk. Best regards and happy trading Chervolino
Pine Script® indicator
by chervolino
3
BayesStack RSI [CHE]BayesStack RSI — Stacked RSI with Bayesian outcome stats and gradient visualization Summary BayesStack RSI builds a four-length RSI stack and evaluates it with a simple Bayesian success model over a rolling window. It highlights bull and bear stack regimes, colors price with magnitude-based gradients, and reports per-regime counts, wins, and estimated win rate in a compact table. Signals seek to be more robust through explicit ordering tolerance, optional midline gating, and outcome evaluation that waits for events to mature by a fixed horizon. The design focuses on readable structure, conservative confirmation, and actionable context rather than raw oscillator flips. Motivation: Why this design? Classical RSI signals flip frequently in volatile phases and drift in calm regimes. Pure threshold rules often misclassify shallow pullbacks and stacked momentum phases. The core idea here is ordered, spaced RSI layers combined with outcome tracking. By requiring a consistent order with a tolerance and optionally gating by the midline, regime identification becomes clearer. A horizon-based maturation check and smoothed win-rate estimate provide pragmatic feedback about how often a given stack has recently worked. What’s different vs. standard approaches? Reference baseline: Traditional single-length RSI with overbought and oversold rules or simple crossovers. Architecture differences: Four fixed RSI lengths with strict ordering and a spacing tolerance. Optional requirement that all RSI values stay above or below the midline for bull or bear regimes. Outcome evaluation after a fixed horizon, then rolling counts and a prior-smoothed win rate. Dispersion measurement across the four RSIs with a percent-rank diagnostic. Gradient coloring of candles and wicks driven by stack magnitude. A last-bar statistics table with counts, wins, win rate, dispersion, and priors. Practical effect: Charts emphasize sustained momentum alignment instead of single-length crosses. Users see when regimes start, how strong alignment is, and how that regime has recently performed for the chosen horizon. How it works (technical) The script computes RSI on four lengths and forms a “stack” when they are strictly ordered with at least the chosen tolerance between adjacent lengths. A bull stack requires a descending set from long to short with positive spacing. A bear stack requires the opposite. Optional gating further requires all RSI values to sit above or below the midline. For evaluation, each detected stack is checked again after the horizon has fully elapsed. A bull event is a success if price is higher than it was at event time after the horizon has passed. A bear event succeeds if price is lower under the same rule. Rolling sums over the training window track counts and successes; a pair of priors stabilizes the win-rate estimate when sample sizes are small. Dispersion across the four RSIs is measured and converted to a percent rank over a configurable window. Gradients for bars and wicks are normalized over a lookback, then shaped by gamma controls to emphasize strong regimes. A statistics table is created once and updated on the last bar to minimize overhead. Overlay markers and wick coloring are rendered to the price chart even though the indicator runs in a separate pane. Parameter Guide Source — Input series for RSI. Default: close. Tips: Use typical price or hlc3 for smoother behavior. Overbought / Oversold — Guide levels for context. Defaults: seventy and thirty. Bounds: fifty to one hundred, zero to fifty. Tips: Narrow the band for faster feedback. Stacking tolerance (epsilon) — Minimum spacing between adjacent RSIs to qualify as a stack. Default: zero point twenty-five RSI points. Trade-off: Higher values reduce false stacks but delay entries. Horizon H — Bars ahead for outcome evaluation. Default: three. Trade-off: Longer horizons reduce noise but delay success attribution. Rolling window — Lookback for counts and wins. Default: five hundred. Trade-off: Longer windows stabilize the win rate but adapt more slowly. Alpha prior / Beta prior — Priors used to stabilize the win-rate estimate. Defaults: one and one. Trade-off: Larger priors reduce variance with sparse samples. Show RSI 8/13/21/34 — Toggle raw RSI lines. Default: on. Show consensus RSI — Weighted combination of the four RSIs. Default: on. Show OB/OS zones — Draw overbought, oversold, and midline. Default: on. Background regime — Pane background tint during bull or bear stacks. Default: on. Overlay regime markers — Entry markers on price when a stack forms. Default: on. Show statistics table — Last-bar table with counts, wins, win rate, dispersion, priors, and window. Default: on. Bull requires all above fifty / Bear requires all below fifty — Midline gate. Defaults: both on. Trade-off: Stricter regimes, fewer but cleaner signals. Enable gradient barcolor / wick coloring — Gradient visuals mapped to stack magnitude. Defaults: on. Trade-off: Clearer regime strength vs. extra rendering cost. Collection period — Normalization window for gradients. Default: one hundred. Trade-off: Shorter values react faster but fluctuate more. Gamma bars and shapes / Gamma plots — Curve shaping for gradients. Defaults: zero point seven and zero point eight. Trade-off: Higher values compress weak signals and emphasize strong ones. Gradient and wick transparency — Visual opacity controls. Defaults: zero. Up/Down colors (dark and neon) — Gradient endpoints. Defaults: green and red pairs. Fallback neutral candles — Directional coloring when gradients are off. Default: off. Show last candles — Limit for gradient squares rendering. Default: three hundred thirty-three. Dispersion percent-rank length / High and Low thresholds — Window and cutoffs for dispersion diagnostics. Defaults: two hundred fifty, eighty, and twenty. Table X/Y, Dark theme, Text size — Table anchor, theme, and typography. Defaults: right, top, dark, small. Reading & Interpretation RSI stack lines: Alignment and spacing convey regime quality. Wider spacing suggests stronger alignment. Consensus RSI: A single line that summarizes the four lengths; use as a smoother reference. Zones: Overbought, oversold, and midline provide context rather than standalone triggers. Background tint: Indicates active bull or bear stack. Markers: “Bull Stack Enter” or “Bear Stack Enter” appears when the stack first forms. Gradients: Brighter tones suggest stronger stack magnitude; dull tones suggest weak alignment. Table: Count and Wins show sample size and successes over the window. P(win) is a prior-stabilized estimate. Dispersion percent rank near the high threshold flags stretched alignment; near the low threshold flags tight clustering. Practical Workflows & Combinations Trend following: Enter only on new stack markers aligned with structure such as higher highs and higher lows for bull, or lower lows and lower highs for bear. Use the consensus RSI to avoid chasing into overbought or oversold extremes. Exits and stops: Consider reducing exposure when dispersion percent rank reaches the high threshold or when the stack loses ordering. Use the table’s P(win) as a context check rather than a direct signal. Multi-asset and multi-timeframe: Defaults travel well on liquid assets from intraday to daily. Combine with higher-timeframe structure or moving averages for regime confirmation. The script itself does not fetch higher-timeframe data. Behavior, Constraints & Performance Repaint and confirmation: Stack markers evaluate on the live bar and can flip until close. Alert behavior follows TradingView settings. Outcome evaluation uses matured events and does not look into the future. HTF and security: Not used. Repaint paths from higher-timeframe aggregation are avoided by design. Resources: max bars back is two thousand. The script uses rolling sums, percent rank, gradient rendering, and a last-bar table update. Shapes and colored wicks add draw overhead. Known limits: Lag can appear after sharp turns. Very small windows can overfit recent noise. P(win) is sensitive to sample size and priors. Dispersion normalization depends on the collection period. Sensible Defaults & Quick Tuning Start with the shipped defaults. Too many flips: Increase stacking tolerance, enable midline gates, or lengthen the collection period. Too sluggish: Reduce stacking tolerance, shorten the collection period, or relax midline gates. Sparse samples: Extend the rolling window or increase priors to stabilize P(win). Visual overload: Disable gradient squares or wick coloring, or raise transparency. What this indicator is—and isn’t This is a visualization and context layer for RSI stack regimes with simple outcome statistics. It is not a complete trading system, not predictive, and not a signal generator on its own. Use it with market structure, risk controls, and position management that fit your process. Metadata - Pine version: v6 - Overlay: false (price overlays are drawn via forced overlay where applicable) - Primary outputs: Four RSI lines, consensus line, OB/OS guides, background tint, entry markers, gradient bars and wicks, statistics table - Inputs with defaults: See Parameter Guide - Metrics and functions used: RSI, rolling sums, percent rank, dispersion across RSI set, gradient color mapping, table rendering, alerts - Special techniques: Ordered RSI stacking with tolerance, optional midline gating, horizon-based outcome maturation, prior-stabilized win rate, gradient normalization with gamma shaping - Performance and constraints: max bars back two thousand, rendering of shapes and table on last bar, no higher-timeframe data, no security calls - Recommended use-cases: Regime confirmation, momentum alignment, post-entry management with dispersion and recent outcome context - Compatibility: Works across assets and timeframes that support RSI - Limitations and risks: Sensitive to parameter choices and market regime changes; not a standalone strategy - Diagnostics: Statistics table, dispersion percent rank, gradient intensity Disclaimer The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context. Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved. By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk. Best regards and happy trading Chervolino. Do not use this indicator on Heikin-Ashi, Renko, Kagi, Point-and-Figure, or Range charts, as these chart types can produce unrealistic results for signal markers and alerts.
Pine Script® indicator
by chervolino
RSI: alternative derivationMost traders accept the Relative Strength Index (RSI) as a standard tool for measuring momentum. But what if RSI is actually a position indicator? This script introduces an alternative derivation of RSI, offering a fresh perspective on its true nature. Instead of relying on the traditional calculation of average gains and losses, this approach directly considers the price's position relative to its equilibrium (moving average), adjusted for volatility. While the final value remains identical to the standard RSI, this alternative derivation offers a completely new understanding of the indicator. Key components: Price (Close) Utilizes the closing price, consistent with the original RSI formula. normalization factor Transforms raw calculations into a fixed range between -1 and +1. normalization_factor = 1 / (Length - 1) EMA of Price Applies Wilder’s Exponential Moving Average (EMA) to the price, serving as the anchor point for measuring price position, similar to the traditional RSI formula. myEMA = ta.rma(close,Length) EMA of close-to-close absolute changes (unit of volatility) Adjusts for market differences by applying a Wilder’s EMA to absolute price changes (volatility), ensuring consistency across various assets. CC_vol = ta.rma(math.abs(close - close ),Length) Calculation Breakdown DISTANCE: Calculate the difference between the closing price and its Wilder's EMA. A positive value indicates the price is above the EMA; a negative value indicates it is below. distance = close - myEMA STANDARDIZED DISTANCE Divide the distance by the unit of volatility to standardize the measurement across different markets. S_distance = distance / CC_vol NORMALIZED DISTANCE Normalize the standardized distance using the normalization factor (n-1) to adjust for the lookback period. N_distance = S_distance * normalization_factor RSI Finally, scale the normalized distance to fit within the standard RSI range of 0 to 100. myRSI = 50 * (1 + N_distance) The final equation: RSI = 50 × What This Means for RSI Same RSI Values, Different Interpretation The standard RSI formula may obscure its true measurement, whereas this approach offers clarity. RSI primarily indicates the price's position relative to its equilibrium, rather than directly measuring momentum. RSI can still be used to analyze momentum, but in a more intuitive and well-informed way.
Pine Script® indicator
by AdaptiveRSI
AI Trading Alerts v6 — SL/TP + Confidence + Panel (Fixed)Overview This Pine Script is designed to identify high-probability trading opportunities in Forex, commodities, and crypto markets. It combines EMA trend filters, RSI, and Stochastic RSI, with automatic stop-loss (SL) & take-profit (TP) suggestions, and provides a confidence panel to quickly assess the trade setup strength. It also includes TradingView alert conditions so you can set up notifications for Long/Short setups and EMA crosses. ⚙️ Features EMA Trend Filter Uses EMA 50, 100, 200 for trend confirmation. Bull trend = EMA50 > EMA100 > EMA200 Bear trend = EMA50 < EMA100 < EMA200 RSI Filter Bullish trades require RSI > 50 Bearish trades require RSI < 50 Stochastic RSI Filter Prevents entries during overbought/oversold extremes. Bullish entry only if %K and %D < 80 Bearish entry only if %K and %D > 20 EMA Proximity Check Price must be near EMA50 (within ATR × adjustable multiplier). Signals Continuation Signals: Long if all bullish conditions align. Short if all bearish conditions align. Cross Events: Long Cross when price crosses above EMA50 in bull trend. Short Cross when price crosses below EMA50 in bear trend. Automatic SL/TP Suggestions SL size adjusts depending on asset: Gold/Silver (XAU/XAG): 5 pts Bitcoin/Ethereum: 100 pts FX pairs (default): 20 pts TP = SL × Risk:Reward ratio (default 1:2). Confidence Score (0–4) Based on conditions met (trend, RSI, Stoch, EMA proximity). Labels: Strongest (4/4) Strong (3/4) Medium (2/4) Low (1/4) Visual Panel on Chart Shows ✅/❌ for each condition (trend, RSI, Stoch, EMA proximity, signal now). Confidence row with color-coded strength. Alerts Long Setup Short Setup Long Cross Short Cross 🖥️ How to Use 1. Add the Script Open TradingView → Pine Editor. Paste the full script. Click Add to chart. Save as "AI Trading Alerts v6 — SL/TP + Confidence + Panel". 2. Configure Inputs EMA Lengths: Default 50/100/200 (works well for swing trading). RSI Length: 14 (standard). Stochastic Length/K/D: Default 14/3/3. Risk:Reward Ratio: Default 2.0 (can change to 1.5, 3.0, etc.). EMA Proximity Threshold: Default 0.20 × ATR (adjust to be stricter/looser). 3. Read the Panel Top-right of chart, you’ll see ✅ or ❌ for: Trend → Are EMAs aligned? RSI → Above 50 (bull) or below 50 (bear)? Stoch OK → Not extreme? Near EMA50 → Close enough to EMA50? Above/Below OK → Price position vs. EMA50 matches trend? Signal Now → Entry triggered? Confidence row: 🟢 Green = Strongest 🟩 Light green = Strong 🟧 Orange = Medium 🟨 Yellow = Low ⬜ Gray = None 4. Alerts Setup Go to TradingView Alerts (⏰ icon). Choose the script under “Condition”. Select alert type: Long Setup Short Setup Long Cross Short Cross Set notification method (popup, sound, email, mobile). Click Create. Now TradingView will notify you automatically when signals appear. 5. Example Workflow Wait for Confidence = Strong/Strongest. Check if market session supports volatility (e.g., XAU in London/NY). Review SL/TP suggestions: Long → Entry: current price, SL: close - risk_pts, TP: close + risk_pts × RR. Short → Entry: current price, SL: close + risk_pts, TP: close - risk_pts × RR. Adjust based on your own price action analysis. 📊 Best Practices Use on H1 + D1 combo → align higher timeframe bias with intraday entries. Risk only 1–2% of account per trade (position sizing required). Filter with market sessions (Asia, Europe, US). Strongest signals work best with trending pairs (e.g., XAUUSD, USDJPY, BTCUSD).
Pine Script® indicator
by geraldfernandez2017
1
RCT RSI Pro FusionDescription for "RCT RSI Pro Fusion" Description: The RCT RSI Pro Fusion is an advanced indicator for TradingView, developed by Carlos Mauricio Vizcarra for the Rafael Cepeda Trader community. It combines the power of the standard Relative Strength Index (RSI) with additional elements to provide a more comprehensive market view. Key Features: RSI and SMA: Displays the standard RSI line along with its Simple Moving Average (SMA) applied directly to the RSI values, allowing analysis of its trend and momentum. Clear Overbought/Oversold Zones: Uses dotted horizontal lines at the 20 (oversold) and 80 (overbought) levels, easily visible over any panel background, facilitating the identification of extreme price conditions. Divergence Detection: Incorporates a system to identify and visualize regular and hidden bullish and bearish divergences between the price and the RSI, providing potential trend reversal signals. Intuitive Visualization: Divergences are marked with symbols ('R' for regular, 'H' for hidden) and dotted lines connecting them, enhancing visual interpretation. Alerts: Includes alert conditions for when different types of divergences are detected. Customizable: Allows adjustment of RSI length, price source, RSI SMA period, and divergence visualization options. In summary, the RCT RSI Pro Fusion is an all-in-one tool that fuses RSI analysis, its moving average, and divergence detection, all presented with clear and customizable visualization, ideal for traders looking to deepen their technical analysis.
Pine Script® indicator
by CARLOSVIZCARRA17
Sols Day Trading Signals (5m / 10m)This indicator is designed for day trading on the 5-minute and 10-minute charts. Includes: EMA 9 & EMA 21 crossover signals MACD momentum confirmation RSI trend filter (50+) Buy/Sell labels directly on the chart 💡 How to Use: Go long when EMA 9 crosses above EMA 21, MACD is positive, and RSI is above 50 Go short when EMA 9 crosses below EMA 21, MACD is negative, and RSI is below 50 Best used with proper risk management (1-2% per trade) ⚠️ Disclaimer: This is for educational purposes only — always backtest and trade responsibly.
Pine Script® indicator
by Nanihzx
RSI ScannerRSI Scanner This script scans a custom list of symbols and displays their RSI values for a selected higher timeframe (default: 3M). It provides a quick way to monitor multiple markets in one place without switching charts. Features: Customizable timeframe for RSI calculation (default: 3M). Adjustable RSI length and source input. Flexible filter: display all symbols or only those with RSI above a chosen threshold. Input your own list of symbols (stocks, forex, futures, crypto) via a text field. Results displayed in a clean, table directly on the chart. Automatic column split when the symbol list is long. Table header shows selected timeframe and filter settings for clarity. How to use: Add the script to your chart. Open the Inputs panel. In Symbols List, enter the tickers you want to track, separated by commas (e.g. AAPL, TSLA, EURUSD, BTCUSD). Set the desired Timeframe (e.g. 3M, 1M, W). Adjust RSI Length and Source if needed. Enable or disable filtering: If filtering is enabled, only symbols with RSI ≥ the threshold will be shown. If disabled, all entered symbols will be displayed. The table in the top-right corner will update automatically on the last bar. Use cases: Monitor RSI across different asset classes on higher timeframes. Quickly spot overbought symbols (e.g. RSI > 70) without switching charts. Create a custom multi-market watchlist tailored to your strategy.
Pine Script® indicator
by dboichenko
Multi-Symbol RSI/ADX Monitor# 📊 Multi-Symbol RSI/ADX Monitor + EMA Trend Analyzer ### 🔹 Smart Trend Analyzer with Golden/Death Cross Signals + Multi-Symbol Scanner --- ## 📌 Overview The **Multi-Symbol RSI/ADX Monitor + EMA Trend Analyzer** combines **trend detection**, **crossover signals**, and a **multi-asset strength scanner** into a single tool. - 🔹 **EMA Trend Analyzer** → Detects strong/weak bullish & bearish phases based on price vs EMAs, slope, and crossovers. - 🔹 **RSI/ADX Scanner** → Monitors up to **10 custom tickers** in a dynamic table for relative strength & momentum. - 🔹 **Alerts** → Catch **Strong Trends** or **Golden/Death Crosses** instantly. Perfect for traders who want to track **trend bias** on their main chart while scanning **other assets for confirmation**. --- ## ✨ Key Features ### 🔹 EMA Trend Analyzer - ✅ Plots **Fast EMA (20)** & **Slow EMA (50)**. - ✅ Main **Trend EMA (100)** with slope confirmation. - ✅ Detects **5 Market States**: - 🟢 Strong Bullish (Green) - 🟢 Moderate Bullish (Lime) - 🟠 Moderate Bearish (Orange) - 🔴 Strong Bearish (Red) - ⚪ Neutral / Sideways (Gray) - ✅ Highlights **Golden Cross** & **Death Cross**: - 🎯 Golden Cross → Fast EMA crosses above Slow EMA (Green dot + label) - 🎯 Death Cross → Fast EMA crosses below Slow EMA (Red dot + label) - ✅ Dynamic **trend label** on the right edge (shows trend + crossover info). - ✅ Optional **background shading** by trend strength. --- ### 🔹 Multi-Symbol RSI/ADX Monitor - ✅ Track up to **10 tickers** simultaneously. - ✅ Calculates **RSI & ADX** per symbol on the current chart’s timeframe. - ✅ **Table display** with flexible position (top, middle, bottom). - ✅ Highlights assets meeting both **RSI ≥ Threshold** & **ADX ≥ Threshold**. - ✅ Handles empty slots gracefully → `"No symbols selected"`. --- ### 🔹 Alerts - 📢 **Strong Bullish Trend** - 📢 **Strong Bearish Trend** - 📢 **Golden Cross (EMA Fast > Slow)** - 📢 **Death Cross (EMA Fast < Slow)** --- ## 📖 How to Use 1. **EMA Analyzer** - Enable *“Show Trend Direction”* to see EMA-based market bias. - Look for **color-coded labels** & **background shading** to guide bias. - Watch for **Golden/Death Cross dots** as entry/exit signals. 2. **RSI/ADX Scanner** - Enter up to **10 tickers** (e.g., `NASDAQ:AAPL`, `BINANCE:BTCUSDT`). - Adjust **RSI/ADX Lengths & Thresholds** to match your strategy. - Monitor the **table panel** for which markets show **strong trend confirmation**. 3. **Alerts** - Add alerts to catch **trend shifts** or **crossovers** without watching charts 24/7. --- ## 🎯 Best For - ✅ Trend traders - ✅ Swing traders - ✅ Multi-asset confluence trading - ✅ Traders using **EMA + RSI + ADX confirmation** --- ## ⚠️ Disclaimer This script is for **educational purposes only**. It is **not financial advice**. Please trade responsibly. ---
Pine Script® indicator
by ask2maniish
Momentum Shift Oscillator (MSO) [SharpStrat]Momentum Shift Oscillator (MSO) The Momentum Shift Oscillator (MSO) is a custom-built oscillator that combines the best parts of RSI, ROC, and MACD into one clean, powerful indicator. Its goal is to identify when momentum shifts are happening in the market, filtering out noise that a single momentum tool might miss. Why MSO? Most traders rely on just one momentum indicator like RSI, MACD, or ROC. Each has strengths, but also weaknesses: RSI → great for overbought/oversold, but often lags in strong trends. ROC (Rate of Change) → captures price velocity, but can be too noisy. MACD Histogram → shows trend strength shifts, but reacts slowly at times. By blending all three (with adjustable weights), MSO gives a balanced view of momentum. It captures trend strength, velocity, and exhaustion in one oscillator. How MSO Works Inputs: RSI, ROC, and MACD Histogram are calculated with user-defined lengths. Each is normalized (so they share the same scale of -100 to +100). You can set weights for RSI, ROC, and MACD to emphasize different components. The components are blended into a single oscillator value. Smoothing (SMA, EMA, or WMA) is applied. MSO plots as a smooth line, color-coded by slope (green rising, red falling). Overbought and oversold levels are plotted (default: +60 / -60). A zero line helps identify bullish vs bearish momentum shifts. How to trade with MSO Zero line crossovers → crossing above zero suggests bullish momentum; crossing below zero suggests bearish momentum. Overbought and oversold zones → values above +60 may indicate exhaustion in bullish moves; values below -60 may signal exhaustion in bearish moves. Slope of the line → a rising line shows strengthening momentum, while a falling line signals fading momentum. Divergences → if price makes new highs or lows but MSO does not, it can point to a possible reversal. Why MSO is Unique Combines trend + momentum + velocity into one view. Filters noise better than standalone RSI/MACD. Adapts to both trend-following and mean-reversion styles. Can be used across any timeframe for confirmation.
Pine Script® indicator
by SharpStrat
Mean Reversion Probability Zones [BigBeluga]🔵 OVERVIEW The Mean Reversion Probability Zones indicator measures the likelihood of price reverting back toward its mean . By analyzing oscillator dynamics (RSI, MFI, or Stochastic), it calculates probability zones both above and below the oscillator. These zones are visualized as histograms, colored regions on the main chart, and a compact dashboard, helping traders spot when the market is statistically stretched and more likely to revert. 🔵 CONCEPTS Mean Reversion : The tendency of price to return to its average after significant extensions. Oscillator-Based Analysis : Uses RSI, MFI, or Stochastic as the base signal for detecting overextension. Probability Model : The probability of reversion is computed using three factors: Whether the oscillator is rising or declining. Whether the oscillator is above or below user-defined thresholds. The oscillator’s actual value (distance from equilibrium). Dual-Zone Output : Upper histogram = probability of downward mean reversion. Lower histogram = probability of upward mean reversion. Historical Extremes : The dashboard highlights the recent maximum probability values for both upward and downward scenarios. 🔵 FEATURES Oscillator Choice : Switch between RSI, MFI, and Stochastic. Customizable Zones : User-defined upper/lower thresholds with independent colors. Probability Histograms : Above oscillator → down reversion probability. Below oscillator → up reversion probability. Colored Gradient Zones on Chart : Visual overlays showing where mean reversion probabilities are strongest. Probability Labels : Percentages displayed next to histogram values for clarity. Dashboard : Compact table in the corner showing the recent maximum probabilities for both upward and downward mean reversion. Overlay Compatibility : Works in both chart pane and sub-pane with oscillators. 🔵 HOW TO USE Set Oscillator : Choose RSI, MFI, or Stochastic depending on your strategy style. Adjust Zones : Define upper/lower bounds for when oscillator values indicate strong overbought/oversold conditions. Interpret Histograms : Orange (upper) histogram → higher chance of a pullback/downward mean reversion. Green (lower) histogram → higher chance of upward reversion/bounce. Watch Gradient Zones : On the main chart, shaded areas highlight where probability of mean reversion is elevated. Consult Dashboard : Use the “Recent MAX” values to understand how strong recent reversion probabilities have been in either direction. Confluence Strategy : Combine with support/resistance, order flow, or trend filters to avoid counter-trend trades. 🔵 CONCLUSION The Mean Reversion Probability Zones provides traders with an advanced way to quantify and visualize mean reversion opportunities. By blending oscillator momentum, threshold logic, and probability calculations, it highlights when markets are statistically stretched and primed for reversal. Whether you are a contrarian trader or simply looking for exhaustion signals to fade, this tool helps bring structure and clarity to mean reversion setups.
Pine Script® indicator
by BigBeluga
6
VWAP + Multi-Timeframe RSI StrategyThis strategy combines VWAP trend direction with confirmation from RSI on a higher timeframe. The idea is to only take trades when both intraday momentum and higher-timeframe trend are aligned, increasing accuracy. LONG Entry: Price above VWAP (bullish environment). RSI on the current timeframe is below overbought (room to rise). RSI on the higher timeframe (default H1) is above 50 (bullish confirmation). SHORT Entry: Price below VWAP (bearish environment). RSI on the current timeframe is above oversold (room to fall). RSI on the higher timeframe is below 50 (bearish confirmation). Exit Rule: Stop-loss near VWAP. Take-profit at ~2x risk or when major levels are reached. Best Timeframes: Use 15m or 30m chart with H1 RSI for intraday trading. Use 1H chart with Daily RSI for swing trading. ⚡ The higher-timeframe RSI filter reduces false signals and aligns trades with institutional flow.
Pine Script® strategy
by dreamflysec
VWAP Pullback + RSI ConfirmationThis strategy focuses on trend continuation entries. Instead of betting on reversions, it looks for opportunities when price pulls back to VWAP but the dominant trend remains intact. Trend Bias: Price above VWAP = bullish environment → look for BUY pullbacks. Price below VWAP = bearish environment → look for SELL pullbacks. Entry Logic: BUY: Price pulls back near VWAP, RSI stays above oversold (momentum intact). SELL: Price pulls back near VWAP, RSI stays below overbought (momentum intact). Exit Rule: Stop-loss just below/above VWAP. Take-profit at 1.5–2x risk (default script uses ~2%). Best Timeframes: 15m–1H → good for intraday trend-following setups. Daily → captures stronger, longer trends. ⚡ This strategy is powerful in trending markets because VWAP acts as a "magnet" for pullbacks, while RSI prevents overbought/oversold traps.
Pine Script® strategy
by dreamflysec
Hybrid RSI Strategy [Heifereum ]This is a hybrid script that combines visual RSI indicator signals with an optional backtestable trading strategy. BUY Entry: When RSI crosses above the oversold level (default 30) SELL Exit: When RSI crosses below the overbought level (default 70) Timeframe: Works best on trending assets (crypto, forex, indices) in 5min to 1H Backtest Toggle: Turn ON/OFF live testing using the Enable Backtest Mode? setting Visual Cues: Buy/Sell labels, background coloring, and alerts ready for webhook automation Use this strategy to visually explore RSI dynamics, run performance backtests, or hook up to external bots via alerts.
Pine Script® strategy
by heifereum
Entry Signals (Long/Short)The indicator visualizes precise entry signals for long and short setups directly on the price chart. Long is marked with a green triangle-up, short with a red triangle-down. To contextualize trend structure, the Fast EMA (5) is plotted in black and the Slow EMA (20) in blue (line width 1). Signals print only at bar close for reproducible execution. Applicable across all timeframes—ideal for top-down analysis from the 195-minute chart through daily to weekly.
Pine Script® indicator
by tradegear9
14
Inside Bar Breakout Indicator V2 by Tek Tek Teknik AnalizThis indicator contains 7 parameter RSIs (relative power index). (It can be changed from the code because it is open source.) Inside follows the formation of the bar and the price is under the EMA line, if the RSI rises above 70, it starts to produce a signal for sales with a red colored label. (Not every signal does not represent net sales. It is only for aid purposes!) If the price is above the EMA line and the RSI goes below the value of 30, the green colored label starts to produce purchase signals. (Not every signal does not represent clearly. It is only for help!) Youtube channel: Tek Tek Teknik Analiz X : @TTTeknikanaliz
Pine Script® indicator
by Tunc_TgFX
RSI/Stochastic with overlays a moving average + Bollinger BandsCompact oscillator panel that lets you switch the base between RSI and Stochastic %K, then overlays a moving average + Bollinger Bands on the oscillator values (not on price) to read momentum strength and squeeze/expansion. What’s added Selectable base: RSI ↔ Stochastic %K (plots %D when Stoch is chosen). MA + BB on oscillator to gauge momentum trend (MA) and volatility (bands). Adjustable bands 70/50/30 with optional fill, plus optional regular divergence and alerts. How to read Bull bias: %K above osc-MA and pushing/closing near Upper BB; confirm with %K > %D. Bear bias: %K below osc-MA and near Lower BB; confirm with %K < %D. Squeeze: BB on oscillator tightens → expect momentum breakout. Overextension: repeated touches of Upper/Lower BB in 70/30 zones → strong trend; watch for %K–%D recross. Quick settings (start here) Stoch: 14 / 3 / 3; Bands: 70/50/30. Osc-MA: EMA 14. BB on oscillator: StdDev 2.0 (tune 1.5–2.5). Note Analysis tool, not financial advice. Backtest across timeframes and use risk management.
Pine Script® indicator
by rahmadsaleh86