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
Cronex T Demarker
Cronex T Demarker is a momentum indicator that calculates a modified DeMarker oscillator averaged over multiple step lengths and centered at zero.
GitHub stars42on the repository
Pine versionv4older, still runs
Lines of code60
Settings3inputs
LicenceNone statedfile: MPL-2.0
Last update5 years ago18 Jun 2021
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 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
60 lines of Pine Script v4 from two_line_cross_indicators/cronex t demarker.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © romulodl
//@version=4
study("Cronex T Demarker")
demarker_length = input(24)
dem_step = input(4)
curvature = input(0.618)
e1 = 0.0
e2 = 0.0
e3 = 0.0
e4 = 0.0
e5 = 0.0
e6 = 0.0
deMax = high - high[1] > 0 ? high - high[1] : 0
deMin = low[1] - low > 0 ? low[1] - low : 0
demarker(dem_length) =>
sma_deMax = sma(deMax, dem_length)
sma_deMin = sma(deMin, dem_length)
sma_deMax / (sma_deMax + sma_deMin)
n = 1 + 0.5 * (demarker_length - 1)
w1 = 2 / (demarker_length + 1)
w2 = 1 - w1
b2 = curvature * curvature
b3 = b2 * curvature
c1 = -b3
c2 = (3 * (b2 + b3))
c3 = -3 * (2 * b2 + curvature + b3)
c4 = (1 + 3 * curvature + b3 + 3 * b2)
demarker_v = (demarker(demarker_length) + demarker(demarker_length + dem_step) + demarker(demarker_length + dem_step * 2) + demarker(demarker_length + dem_step * 3)) * 100 / 4 - 50
e1 := not na(demarker_v) ? w1 * demarker_v + w2 * e1[1] : 0
e2 := not na(demarker_v) ? w1 * e1 + w2 * e2[1] : 0
e3 := not na(demarker_v) ? w1 * e2 + w2 * e3[1] : 0
e4 := not na(demarker_v) ? w1 * e3 + w2 * e4[1] : 0
e5 := not na(demarker_v) ? w1 * e4 + w2 * e5[1] : 0
e6 := not na(demarker_v) ? w1 * e5 + w2 * e6[1] : 0
demarker_t = c1*e6 + c2*e5 + c3*e4 + c4*e3
//remove comments to use as C1 triggers - AS A ZERO CROSS!
//Ind_1_Check_Trig = input(true, title = "Indicator 1 - C1 - Trigger")
//Ind_1_L_Trigger = Ind_1_Check_Trig ? crossover(demarker_v, 0) : false
//Ind_1_S_Trigger = Ind_1_Check_Trig ? crossunder(demarker_v, 0) : false
//remove comments to use as C1 triggers - AS A SIGNAL LINE CROSS
//Ind_1_Check_Trig = input(true, title = "Indicator 1 - C1 - Trigger")
//Ind_1_L_Trigger = Ind_1_Check_Trig ? crossover(demarker_v, demarker_t) : false
//Ind_1_S_Trigger = Ind_1_Check_Trig ? crossunder(demarker_v, demarker_t) : false
//remove comments to use as C2 confirmation
//Ind_2_Check_Conf = input(true, title = "Indicator 2 - C2 - Confirmation")
//Ind_2_L_Conf = Ind_2_Check_Conf ? demarker_v > 0 : true
//Ind_2_S_Conf = Ind_2_Check_Conf ? demarker_v < 0 : true
Overview
Cronex T Demarker applies a T3 exponential smoothing filter based on a customizable curvature parameter to generate a smooth trigger line alongside the oscillator. Designed for the No Nonsense Forex trading framework, it helps identify trend confirmation via signal line or zero-line crossovers in a separate pane. Input settings control the DeMarker baseline length, step interval, and T3 curvature coefficient.
- Multi-step DeMarker oscillator calculation
- T3 exponential smoothing filter
- Adjustable curvature parameter
- NNFX crossover and zero-line trigger support
Details
Published by
romulodl on GitHub
Type
Indicator, Pine Script v4
Draws
Separate pane below the chart
Category
Oscillators & momentum
Markets
Forex
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.
Repository
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| demarker_length | int | 24 | demarker_length |
| dem_step | int | 4 | dem_step |
| curvature | float | 0.618 | curvature |
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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