This chart indicator tracks session-specific high and low price ranges over user-defined time windows. It plots session ranges alongside three configurable moving averages, volume-weighted average price (VWAP) with standard deviation bands, dynamic support and
Indicator · Pine Script v5 · On the chart
EMA + RSI + Session Expiry
This indicator plots an EMA and RSI on the price chart.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code31
Settings9inputs
LicenceNone stated
Last update1 year ago19 Dec 2024
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
EMA + RSI + Session Expiry signals overbought and oversold conditions through red and green triangular markers when the RSI crosses 75. A background highlight marks the active trading session between user-defined start and end times by default 9:30 to 16:00. The main settings control EMA length and color, RSI period and overbought threshold, and session start and end hours and minutes. It draws directly on the price chart without extra panes. The session background shows the current trading period but provides no automatic exit signals.
- EMA line plot
- RSI oscillator
- Session background
- Overbought cross signals
- Time filter
Details
Published by
lordgaruda on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Moving averages, Oscillators & momentum, Sessions & time
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.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| EMA Length | int | 30 | emaLength |
| EMA Color | color | color.blue | emaColor |
| RSI Period | int | 14 | rsiPeriod |
| RSI Overbought Level | int | 75 | rsiOverbought |
| Session Start Hour (24h) | int | 9 | sessionStartHour |
| Session Start Minute | int | 30 | sessionStartMinute |
| Session End Hour (24h) | int | 16 | sessionEndHour |
| Session End Minute | int | 0 | sessionEndMinute |
| Session Highlight Color | color | color.new(color.yellow, 80) | highlightColor |
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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