This statistical analysis tool mines historical relationships between RSI values and candle volatility. It calculates a 14-period RSI from the previous bar and normalizes absolute price change using a 14-period Average True Range (ATR). Based on the normalized
Indicator · Pine Script v6 · Own pane
DEPV2 C2 · SIRALAMA
This indicator ranks five user-selected symbols in a separate pane.
GitHub stars1on the repository
Pine versionv6current
Lines of code116
Settings9inputs
LicenceNone stated
Last update11 days ago17 Oct 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
On a chosen signal timeframe it computes a 12-bar log return, an ATR percentage, a directional state, and a score equal to direction times return divided by ATR. An RSI reading above 40 gates each symbol. It sorts long and short scores separately, marks the top N names that clear a minimum gap versus the next rank, and repeats the test with a second gap. It plots direction, score, gate, and rank series, and it does not place trades.
- Five-symbol directional ranking
- ATR-normalized 12-bar return score
- RSI gate above 40
- Top-N selection with minimum gap
- Second gap scenario comparison
Details
Published by
YuceSezar89 on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Oscillators & momentum, Volatility & bands, Screeners & dashboards
Markets
Crypto
Timeframes
M15-H1
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 |
|---|---|---|---|
| Symbol 1 | symbol | BINANCE:BTCUSDT.P | t1 |
| Symbol 2 | symbol | BINANCE:ETHUSDT.P | t2 |
| Symbol 3 | symbol | BINANCE:SOLUSDT.P | t3 |
| Symbol 4 | symbol | BINANCE:BNBUSDT.P | t4 |
| Symbol 5 (eşitlik sondası: Symbol 1 ile aynı bırak) | symbol | BINANCE:BTCUSDT.P | t5 |
| Sinyal zaman dilimi (ssTf) | timeframe | 15 | ssTf |
| Market'ten ilk N hedef | int | 2 | nTop |
| Ayrışma için (N+1). sıradan min. fark (skor birimi) | float | 0.0 | gapMin |
| Ek senaryo: ikinci min. fark değeri | float | 0.5 | gapMinB |
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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