by 
The Adaptive RSI Moving Average (ARSIMA) is an overlay indicator that dynamically adjusts its smoothing factor based on the Relative Strength Index (RSI). When the RSI moves toward extreme overbought or oversold conditions, the smoothing factor increases to ma
Indicator · Pine Script v6 · On the chart
Indicator RSI
This indicator calculates the Relative Strength Index (RSI) and displays buy and sell labels directly on the main price chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code26
Settings3inputs
LicenceNone stated
Last update5 days ago23 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
A buy label triggers when the RSI crosses below the user-defined oversold threshold, while a sell label appears when the RSI crosses above the overbought threshold. The signals evaluate completed historical bars to prevent real-time repainting. Users can adjust the RSI calculation period as well as the overbought and oversold signal levels.
- RSI calculation with custom period length
- Overbought and oversold crossover signals
- On-chart shape plot labels
- Alert condition support
Details
Published by
Jakub-Pinkowski on GitHub
Type
Indicator, Pine Script v6
Draws
On the price 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 Period | int | 14 | rsiPeriod |
| Overbought Level | int | 70 | overbought |
| Oversold Level | int | 30 | oversold |
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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