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 v5 · Own pane
Color Themes & Gradients [Lab]
This indicator calculates a standard Relative Strength Index (RSI) and applies dynamic color schemes and gradient functions to demonstrate custom visual formatting in Pine Script.
GitHub stars4on the repository
Pine versionv5runs as is
Lines of code215
Settings6inputs
LicenceCustom licence
Last update11 months ago17 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
Users can select preset color palettes like Red-Green, Blue-Orange, or Heat Map, or specify custom color pairs with optional transparency gradients. Designed as an educational snippet, it plots the calculated values in a separate pane below the price chart to illustrate dynamic color transitions across varying momentum levels.
- RSI calculation with normalized gradient mapping
- Multiple preset color themes and heat maps
- Custom color pair inputs with transparency options
- Educational implementation of color gradient functions
Details
Published by
mitchell-917 on GitHub
Type
Indicator, Pine Script v5
Draws
Separate pane below the chart
Category
Oscillators & momentum
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 |
|---|---|---|---|
| RSI Length | int | 14 | len |
| Source | source | close | src |
| Color Scheme | string | Red-Green | colorScheme |
| Custom Color 1 | color | color.purple | customColor1 |
| Custom Color 2 | color | color.yellow | customColor2 |
| Use Transparency Gradient | bool | false | useTransparency |
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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