This indicator plots RSI divergence lines at resistance and support levels based on 14-period RSI crossing above 70 or below 30 within a search window of 141 bars. It displays dual EMA trend fill between periods 199 and 299, VWAP filter, TKPS tick pattern diam
Indicator · Pine Script v5 · Own pane
Composite Market Bias
Composite Market Bias is a separate-pane indicator that scores bullish and bearish conditions from RSI, fast versus slow EMA, MACD histogram, Bollinger Band position, and price versus a 50-period EMA.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code85
Settings7inputs
LicenceNone stated
Last update6 weeks ago10 Sep 2026
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
Composite Market Bias plots the resulting bias score with RSI, EMA trend, MACD direction, band position, ATR percent, and a volume ratio. Lengths and the Bollinger multiplier are adjustable. It also flags a simple trending or high-volume regime and plots VWAP plus confirmed pivot support and resistance. It does not issue trade entries or exits.
- Composite bias score from RSI, MACD and EMAs
- Bollinger position and ATR percent plots
- Volume ratio and VWAP series
- Confirmed pivot support and resistance
- Trend and high-volume regime flags
Details
Published by
mrme000m on GitHub
Type
Indicator, Pine Script v5
Draws
Separate pane below the chart
Category
Oscillators & momentum, Moving averages, Volatility & bands, Support & resistance
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 | rsiLen |
| Fast EMA | int | 9 | fastEma |
| Slow EMA | int | 21 | slowEma |
| MACD Signal | int | 9 | signalEma |
| Bollinger Length | int | 20 | bbLen |
| Bollinger StdDev | float | 2.0 | bbMult |
| ATR Length | int | 14 | atrLen |
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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