The EMA RSI indicator plots multiple moving averages including EMAs and MAs on the price chart and the RSI oscillator in a separate pane. It identifies when a trending asset returns to support with RSI in oversold, using green signals and confirmations at key
Indicator · Pine Script v6 · Own pane
Advanced Trend Momentum [Alpha Extract]
This indicator combines trend, momentum, and key level calculations into a separate pane analysis tool.
GitHub stars1on the repository
Pine versionv6current
Lines of code235
Settings14inputs
LicenceNone stated
Last update11 months ago23 Nov 2025
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Advanced Trend Momentum [Alpha Extract] determines trend direction using fast and slow EMAs, normalized by the Average True Range to measure trend strength. RSI and ATR-adjusted price changes track momentum conditions. Support and resistance levels are identified via pivot highs and lows using configurable pivot lengths. Input settings allow customization of EMA parameters, RSI bounds, pivot limits, and candle coloring styles. Note that pivot level detection relies on right-bar confirmation, introducing a calculation lag.
- ATR-normalized trend strength calculation
- RSI oscillator momentum tracking
- Pivot high and low support and resistance detection
- Customizable bar coloring and threshold visuals
Details
Published by
wings4 on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Trend, Oscillators & momentum, Support & resistance, Moving averages
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Fast EMA Length | int | 12 | emaFastLen |
| Slow EMA Length | int | 26 | emaSlowLen |
| Trend Strength Period | int | 14 | trendStrength |
| Pivot Length | int | 10 | pivotLength |
| Max S/R Levels | int | 3 | maxLevels |
| Show S/R Levels | bool | true | showSRLevels |
| RSI Length | int | 14 | rsiLength |
| Oversold Level | int | 30 | oversoldLevel |
| Overbought Level | int | 70 | overboughtLevel |
| Show Colored Candles | bool | true | show_colored_candles |
| Bullish Color | color | #00D4AA | bullColor |
| Bearish Color | color | #FF6B6B | bearColor |
Show all 14 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Neutral Color | color | #95A5A6 | neutralColor |
| Fill Transparency | int | 80 | transparency |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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