Asymmetrical RSI is an indicator that computes a custom relative strength index from the rate of change of a user-selected source. It plots the resulting ARSI line in a separate pane with color coding that turns green above the overbought level and red below t
Indicator · Pine Script v4 · Own pane
Awesome Oscillator & MACD Cross
This indicator plots a composite oscillator in a separate pane.
GitHub stars32on the repository
Pine versionv4older, still runs
Lines of code104
Settings5inputs
LicenceNone stated
Last update2 years ago29 Nov 2023
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
Awesome Oscillator & MACD Cross draws a classic Awesome Oscillator histogram from 5- and 34-period simple moving averages of the median price, plus a MACD histogram from 12- and 26-period exponential moving averages with a 9-period signal average. Dots mark MACD line crosses, and plus signs mark AO zero-line crosses or MACD crosses of an optional Rapid Reaction Zone. Settings toggle tea-saucer patterns, a timeframe filter, and Risky Pro mode, which adds the zone and extreme crossover flags.
- AO histogram from SMA 5 and 34
- MACD histogram and line crossover dots
- Optional AO tea saucer markers
- Optional Rapid Reaction Zone
- Risky mode extreme crossover flags
Details
Published by
samgozman on GitHub
Type
Indicator, Pine Script v4
Draws
Separate pane below the chart
Category
Oscillators & momentum
Markets
Stocks
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.
Topics
pinescriptoscillatortradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Display AO tea saucers | bool | true | ao_saucer |
| Filter saucers between 1M -1D timeframes | bool | true | ao_saucer_filter |
| Risky Pro mode (read description before use) | bool | false | risk |
| Rapid area size based on AO length (periods) | int | 21 | riskRapidPeriods |
| Rapid area max size, % | float | 50 | riskRapidArea |
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.
Similar Pine Scripts
This indicator calculates momentum setups based on the Relative Strength Index (RSI) and plots in a separate pane. It offers multiple scanning modes such as Continuous Break, Continuous Retracement, Flip Break, Flip Retracement, and both regular and hidden div
This indicator calculates a modified MACD oscillator and signal line alongside a trend EMA filter, plotting the output as a stylized column histogram in a separate pane. Instead of plotting true MACD distance, it quantifies positive and negative histogram mome
This indicator plots the Average Directional Index in a separate pane and colors the line teal or maroon according to whether plus DI is above minus DI. A horizontal key level and a silver background mark periods when ADX exceeds that threshold. With labels en
This indicator demonstrates an experimental graph-style scatter visualization within a separate pane using Pine Script arrays. It tracks two features across recent bars: the single-bar price change and a scaled 14-period Relative Strength Index. Values are loa
This script calculates and plots a Stochastic Oscillator (KD indicator) in a separate chart pane. It determines the fast stochastic value over a 9-period lookback, then applies a 3-period Simple Moving Average (SMA) to create the %K line, and a second 3-period
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers