The Adaptive RSI Moving Average (ARSIMA) is an overlay indicator that dynamically adjusts its smoothing factor based on the Relative Strength Index (RSI). When the RSI moves toward extreme overbought or oversold conditions, the smoothing factor increases to ma
Indicator · Pine Script v4 · On the chart
Bjorgum Reversal
Bjorgum Reversal is an overlay indicator that combines Tillson T3 moving averages, Parabolic SAR, and the True Strength Index to identify trend direction and potential reversal points.
GitHub stars1on the repository
Pine versionv4older, still runs
Lines of code122
Settings10inputs
LicenceNone stated
Last update2 years ago2 Mar 2024
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
Bjorgum Reversal recolors candles to signal trends and potential crossovers, while plotting shape arrows on the chart when TSI momentum curls above or below its signal line. Parabolic SAR trailing dots help highlight dynamic trend boundaries directly on the price pane.
- Combines Tillson T3 moving averages, Parabolic SAR, and TSI
- Candle recoloring for trend continuation and reversal points
- Plot shapes for TSI momentum curl indications
- Configurable Parabolic SAR sensitivity settings
Details
Published by
amico1234 on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Trend, Oscillators & momentum, 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 |
|---|---|---|---|
| TSI Long Length | int | 25 | long |
| TSI Short Length | int | 5 | short |
| TSI Signal Length | int | 14 | signal |
| Start - Default = 2 - Multiplied by .001 | float | .043 | start |
| Step Setting (Sensitivity) - Default = 2 - Multiplied by .001 | float | .043 | increment |
| Maximum Step (Sensitivity) - Default = 2 - Multiplied by .01 | float | .34 | maximum |
| Show Up Trending Parabolic Sar | bool | true | sus |
| Show Down Trending Parabolic Sar | bool | true | sds |
| aLength | int | 5 | aLength |
| Length | int | 8 | Length |
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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