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 v6 · Own pane
Custom RSI Indicator
A plain RSI oscillator drawn in a separate pane.
GitHub stars1on the repository
Pine versionv6current
Lines of code55
Settings2inputs
LicenceNone statedfile: MPL-2.0
Last update2 months ago23 Aug 2026
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
55 lines of Pine Script v6 from indicator/olg_7_6_26/ALL_2/codex/indicator/custom_rsi_indicator_7.txt, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
// This Pine Script® code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © ExpertTraderASK
//@version=6
indicator("Custom RSI Indicator v6", shorttitle="RSI v6", overlay=false)
// Inputs
rsiLength = input.int(14, minval=1, title="RSI Length")
source = input.source(close, title="Source")
// RSI Calculation
rsi = ta.rsi(source, rsiLength)
// Plot RSI
plot(rsi, title="RSI", color=color.blue, linewidth=2)
// Levels
hline(70, "Overbought", color=color.red)
hline(50, "Midline", color=color.gray)
hline(30, "Oversold", color=color.green)
// Background Color
bgcolor(
rsi > 70 ? color.new(color.red, 90) :
rsi < 30 ? color.new(color.green, 90) :
na
)
// Buy & Sell Signals
buySignal = ta.crossover(rsi, 30)
sellSignal = ta.crossunder(rsi, 70)
plotshape(
buySignal,
title="Buy Signal",
style=shape.triangleup,
location=location.bottom,
color=color.lime,
size=size.small,
text="BUY"
)
plotshape(
sellSignal,
title="Sell Signal",
style=shape.triangledown,
location=location.top,
color=color.red,
size=size.small,
text="SELL"
)
// Alerts
alertcondition(buySignal, title="Buy Alert", message="RSI crossed above 30")
alertcondition(sellSignal, title="Sell Alert", message="RSI crossed below 70")
Overview
Custom RSI Indicator plots the relative strength index of a chosen source over an adjustable length, defaulting to 14, with horizontal lines at 70, 50 and 30 and background shading when the reading is above 70 or below 30. A buy triangle appears when RSI crosses back above 30 and a sell triangle when it crosses below 70. Alert conditions are included. There are no stops, targets or filters.
- RSI line with 70, 50 and 30 levels
- Overbought and oversold shading
- Buy and sell triangles on level crosses
- Alert conditions
Details
Published by
vedkanani123 on GitHub
Code credit
ExpertTraderASK, as written in the script's header
Type
Indicator, Pine Script v6
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 | rsiLength |
| Source | source | close | source |
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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