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 v5 · Own pane
LASTRO Sleeve 2 Momentum 12-1 and Reversion
A separate-pane indicator that measures twelve-month momentum while skipping the most recent month, and a one-month reversal factor with inverted sign.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code119
Settings7inputs
LicenceNone stated
Last update2 weeks ago9 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
Both are normalised with a rolling z-score over a set window and blended equally into a composite score. A relative-strength curve against a benchmark symbol, SPY by default, can be shown, and upper and lower sigma thresholds mark extreme readings. Lookbacks are set in daily bars, so it suits daily charts.
- Momentum 12-1 factor
- One-month reversal factor
- Rolling z-score composite score
- Relative strength against a benchmark
- Adjustable sigma thresholds
Details
Published by
arthur1535 on GitHub
Type
Draws
Separate pane below the chart
Category
Markets
Timeframes
H4 and above
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 |
|---|---|---|---|
| Janela Total de Momentum (12M) | int | 252 | momLookback |
| Janela de Exclusão / Reversão (1M) | int | 21 | skipRecent |
| Janela de Normalização Z-Score | int | 126 | zscorePeriod |
| Ativo de Referência | symbol | AMEX:SPY | benchSymbol |
| Exibir Curva de Alfa Relativo | bool | true | showRelativeCurve |
| Limiar Top 5% (+1.645 Sigma) | float | 1.645 | topThreshold |
| Limiar Inferior (-1.645 Sigma) | float | -1.645 | bottomThreshold |
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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