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
Color Gradient Framework
A coding aid from PineCoders that demonstrates functions for building bull and bear color gradients, shown in a separate pane.
GitHub stars1on the repository
Pine versionv4older, still runs
Lines of code338
Settings30inputs
LicenceNone stated
Last update4 years ago18 Oct 2022
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
Color Gradient Framework offers nine examples, such as advance and decline gradients on two moving averages or the MACD histogram, relative gradients on RSI and CCI, calibrated gradients with a set number of steps, and an RGBA color tuner. Bull and bear colors, step counts and transparency are adjustable. It is a reference for script authors and gives no trading signals.
- Advance/decline and relative gradient functions
- Nine demonstration gradients
- Calibrated gradients with adjustable steps
- RGBA color tuner
Details
Published by
rajatjpatel on GitHub
Type
Indicator, Pine Script v4
Draws
Separate pane below the chart
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.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| i_c_01 | input | C_LIME | i_c_01 |
| i_01 | bool | true | i_01 |
| i_c_02 | input | C_AQUA | i_c_02 |
| i_02 | bool | false | i_02 |
| i_c_03 | input | C_GOLD | i_c_03 |
| i_03 | bool | false | i_03 |
| i_c_04 | input | C_WHITE | i_c_04 |
| i_04 | bool | false | i_04 |
| i_c_05 | input | C_ORANGE | i_c_05 |
| i_05 | bool | false | i_05 |
| i_c_06 | input | C_RED | i_c_06 |
| i_06 | bool | true | i_06 |
Show all 30 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| i_c_07 | input | C_PINK | i_c_07 |
| i_07 | bool | false | i_07 |
| i_c_08 | input | C_VIOLET | i_c_08 |
| i_08 | bool | false | i_08 |
| i_c_09 | input | C_BLUE | i_c_09 |
| i_09 | bool | false | i_09 |
| i_c_10 | input | C_GRAY | i_c_10 |
| i_10 | bool | false | i_10 |
| Gradient | input | MD8 | i_gradient |
| Bull | input | C_GRAY | i_c_bull4 |
| Bear | input | C_BLUE | i_c_bear4 |
| Steps in gradient | int | 25 | i_g67Steps |
| Transparency of weak bull/bear levels | float | 95. | i_g67Transp |
| Transparency of weak bull/bear levels | float | 80. | i_g8Transp |
| Red | int | 128 | i_g9R |
| Green | int | 128 | i_g9G |
| Blue | int | 128 | i_g9B |
| Transparency (Alpha channel) | int | 100 | i_g9T |
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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