Indicator · Pine Script v5 · Own pane

Momentum Setup: RSI Direction Confirmation Scanner

by Salikha003

This indicator scans a pasted list of symbols, up to the first forty, and shows long and short momentum setups in a configurable table in a separate pane.

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GitHub stars17on the repository
Pine versionv5runs as is
Lines of code593
Settings40inputs
LicenceNone statedfile: MPL-2.0
Last update1 year ago21 Mar 2025

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

593 lines of Pine Script v5 from Momentum Setup - RSI Direction Confirmation Scanner/Scanner - Momentum Setup - RSI Direction Confirmation Scanner.txt, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.

Scanner - Momentum Setup - RSI Direction Confirmation Scanner.txt
// This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
//@version=5
indicator(title='Momentum Setup: RSI Direction Confirmation Scanner', shorttitle='RSI Dir Conf Scan', overlay=false, max_bars_back=500, max_lines_count=500, max_boxes_count=500)

//_____________________________ Menu Screener Start

g_scrtb = '█████████████████ Scanner █████████████████'

string i_scr_choose = input.string(defval='Break Flip', title='Scanning Method', options=['Break Flip', 'Break Continuous'], group=g_scrtb)

tt_is = "• Reads only up to first 40 symbols." +
     "\n• Total characters cannot exceed 4096." +
     "\n• Eg: EXCHANGE:SYMBOL_A,EXCHANGE:SYMBOL_B"

string i_symbols = input.text_area(
 defval="NSE:AEROFLEX,NSE:BAJAJHFL,NSE:BCLIND,NSE:BOMDYEING,NSE:CESC,NSE:CHAMBLFERT,NSE:DBREALTY,NSE:DCW,NSE:DEVYANI,NSE:DHANI,NSE:ENGINERSIN,NSE:GAEL,NSE:GMRP_UI,NSE:GPIL,NSE:GREAVESCOT,NSE:HFCL,NSE:HITECH,NSE:IEX,NSE:IIFL,NSE:IIFLSEC,NSE:INDUSTOWER,NSE:INOXGREEN,NSE:INOXWIND,NSE:JMFINANCIL,NSE:KELLTONTEC,NSE:LLOYDSENGG,NSE:MARKSANS,NSE:MOREPENLAB,NSE:MTNL,NSE:NLCINDIA,NSE:OLAELEC,NSE:PARAGMILK,NSE:PRSMJOHNSN,NSE:RAILTEL,NSE:RITES,NSE:SANSTAR,NSE:SARDAEN,NSE:SBFC,NSE:SHRIRAMPPS,NSE:VPRPL", 
 title="Paste Symbols", tooltip=tt_is, group=g_scrtb)

bool i_scr_show_table  = input.bool(defval=true, title='Display Table', group=g_scrtb)
bool i_scr_show_long  = input.bool(defval=true, title='Long Signals', inline='tb_2', group=g_scrtb)
bool i_scr_show_short  = input.bool(defval=true, title='Short Signals', inline='tb_2', group=g_scrtb)

int i_scr_tbl_disp_rows = input.int(defval=12, title='Display Rows', minval=0, maxval=100, group=g_scrtb)
string i_scr_tbl_position = input.string(defval=position.bottom_left, title='Table Position', options=[position.top_left, position.top_center, position.top_right, position.middle_left, position.middle_center, position.middle_right, position.bottom_left, position.bottom_center, position.bottom_right], group=g_scrtb)
string i_scr_tbl_text_size = input.string(defval=size.small, title='Table Size', options=[size.auto, size.tiny, size.small, size.normal, size.large, size.huge], group=g_scrtb)

//_____________________________ Menu Screener End

//_____________________________ Menu Indicators Start

g_rsi = '██████████ Relative Strength Index (RSI) ██████████'
int i_rsi_length = input.int(defval=14, title='RSI Length', minval=1, group=g_rsi)
float i_rsi_source = input.source(defval=close, title="RSI Source", group=g_rsi)
int i_rsi_ma_length = input.int(defval=14, title='SMA Length', minval=1, group=g_rsi)

//_____________________________ Menu Indicators End

//_____________________________ Menu Additional Fiters Start

g_af = '███████████████ Additional Fiters ███████████████'
tt_pchg = 
 "• If '% Change Above/Below +/-' is 4, it means relative volume is considered when the price change is above 4%." +
 "\n• A value of 4% is positive for bullish scenarios and negative for bearish scenarios." +
 "\n• The percentage change is calculated using cumulative percentage change, so there might be a minor difference between the actual and displayed percentage change."
tt_vpchg = 
 "• If 'Volume % Change Above' is 0, it means Relative Volume is considered when today's volume is greater than the previous day's volume." +
 "\n• For 'Screening Method' choice 'Retracement to EMA,' the 'Apply Volume % Change Filter' can be unchecked." +
 "\n• A 'Volume % Change Above' 300% or more often indicates a major breakout, which may happen today or the next day." +
 "\n• The volume percentage change is calculated using cumulative percentage change, so there might be a minor difference between the actual and displayed percentage change."
tt_atr = 
 "• ATR helps filter out longer or more volatile signal candles."
tt_atr_mul =
 "• Higher multiplier value filters a longer or more volatile signal candle."
tt_bf =
 "• If the input is '80', it means the body covers over 80% of the candle."
tt_bs =
 "• 2 means the candle is 2 times larger than the previous candle."
tt_vol =
 "• Filter out a candle when its volume is greater than the SMA of the volume."
tt_rv =
 "• Filter out a candle when its volume is greater than the Relative Volume."
tt_tf =
 "• Filter out a signals between the given Time."

bool i_pchg_filter = input.bool(defval=false, title='Apply % Change Filter', tooltip=tt_pchg, group=g_af)
float i_pchg_above_below = input.float(defval=2, title='% Change Above/Below +/-', minval=0, group=g_af)

bool i_vol_filter = input.bool(defval=false, title='Apply Volume Filter', tooltip=tt_vpchg, group=g_af)
int i_vol_above = input.int(defval=500000, title='Volume Above', minval=0, group=g_af)

bool i_vol_pchg_filter = input.bool(defval=false, title='Apply Volume % Change Filter', tooltip=tt_vpchg, group=g_af)
float i_vol_pchg_above = input.float(defval=0, title='Volume % Change Above', minval=0, group=g_af)

bool i_atr_filter = input.bool(defval=true, title='Apply ATR Filter', tooltip=tt_atr, group=g_af)
int i_atr_length = input.int(defval=14, minval=1, title='ATR Length', group=g_af)
float i_atr_multi = input.float(defval=1, title='ATR Multiplier', minval=1, group=g_af)

bool i_body_filter = input.bool(defval=false, title='Apply Body % Filter', tooltip=tt_bf, group=g_af)
float i_body_percent = input.float(defval=70, title='Body % Above', minval=0, maxval=100, group=g_af) / 100

bool i_body_size_filter = input.bool(defval=false, title='Apply Body Size Filter', tooltip=tt_bs, group=g_af)
int i_body_size_multiplier = input.int(defval=2, title='Body Size Multiplier (x)', minval=0,  group=g_af)

bool i_volume_filter = input.bool(defval=false, title='Apply Volume Filter', tooltip=tt_vol, group=g_af)
int i_vol_sma_length = input.int(defval=20, minval=1, title='Volume SMA Length', group=g_af)

bool i_rel_vol_filter = input.bool(defval=false, title='Apply Continuous Signals Filter', tooltip=tt_rv, group=g_af)
int i_rel_vol_avg_vol_len = input.int(defval=90, title='Break Signals Length', minval=2, group=g_af)
float i_rel_vol_avg_vol_multi = input.float(defval=5, title='Rel Vol SMA Multiplier', minval=0, group=g_af)

bool i_time_filter = input.bool(defval=false, title='Apply Time Filter', tooltip=tt_tf, group=g_af)
int i_hour_1 = input.int(defval=9, minval=0, title='Time From', inline='t_1', group=g_af)
int i_minute_1 = input.int(defval=15, minval=0, title=':', inline='t_1', group=g_af)
int i_hour_2 = input.int(defval=10, minval=0, title='Time To ', inline='t_2', group=g_af)
int i_minute_2 = input.int(defval=15, minval=0, title=':', inline='t_2', group=g_af)

//_____________________________ Menu Additional Fiters End

//_____________________________ Menu Table Start

g_dtb = '█████████████████ Data Table █████████████████'
bool i_tbl_data_show  = input.bool(defval=true, title='Display Table', group=g_dtb)
string i_tbl_data_pos = input.string(defval=position.bottom_right, title='Position', options=[position.top_left, position.top_center, position.top_right, position.middle_left, position.middle_center, position.middle_right, position.bottom_left, position.bottom_center, position.bottom_right], group=g_dtb)
string i_tbl_data_txt_size = input.string(defval=size.normal, title='Size', options=[size.auto, size.tiny, size.small, size.normal, size.large, size.huge], group=g_dtb)

//_____________________________ Menu Table End

//_____________________________ Chart Settings Start

g_ch = '███████████████ Chart Settings ███████████████'
color i_pos_dark_color = input.color(defval=#03110F, title='Positive Dark', group=g_ch)
color i_pos_color = input.color(defval=#26A69A, title='Positive Mid', group=g_ch)
color i_pos_light_color = input.color(defval=#ACE5DC, title='Positive Light', group=g_ch)
color i_neg_light_color = input.color(defval=#FCCBCD, title='Negative Light', group=g_ch)
color i_neg_color = input.color(defval=#FF5252, title='Negative Mid', group=g_ch)
color i_neg_dark_color = input.color(defval=#180809, title='Negative Dark', group=g_ch)
color i_indicator_color = input.color(defval=#2962FF, title='Indicator', group=g_ch)
color i_signal_color = input.color(defval=#FF6D00, title='Signal', group=g_ch)
color i_neu_color = input.color(defval=#D1D4DC, title='Neutral Light', group=g_ch)
color i_neu_mid_color = input.color(defval=#2A2E39, title='Neutral Mid', group=g_ch)
color i_neu_dark_color = input.color(defval=#141516, title='Neutral Dark', group=g_ch)

//_____________________________ Chart Settings End

//_____________________________ RSI Start

float rsi = ta.rsi(i_rsi_source, i_rsi_length)
float rsi_ma = ta.sma(rsi, i_rsi_ma_length)

// Plot RSI
plot(series=rsi, title="RSI", color=i_indicator_color)
plot(series=rsi_ma, title="RSI MA", color=i_signal_color)

// Bands
hline(price=80, title="RSI Overbought", color=color.new(i_neg_color, 50), linestyle=hline.style_dotted)
upper_band = hline(price=60, title="RSI Upper Band", color=color.new(i_pos_color, 50), linestyle=hline.style_dotted)
hline(price=50, title="RSI Middle Band", color=color.new(i_neu_color, 50), linestyle=hline.style_dotted)
lower_band = hline(price=40, title="RSI Lower Band", color=color.new(i_neg_color, 50), linestyle=hline.style_dotted)
hline(price=20, title="RSI Oversold", color=color.new(i_pos_color, 50), linestyle=hline.style_dotted)
fill(hline1=upper_band, hline2=lower_band, color=color.new(i_neu_color, 95), title="RSI Middle Fill")

//_____________________________ RSI End

//_____________________________ Cumulative Percentage Change Start

// Function to calculate Daily Cumulative Percentage Change of Close Price
cumulative_percentage_change() =>
    var float _cum_pct_change = na
    _is_new_day = ta.change(time('D')) != 0 ? 1 : 0
    _daily_pct_change = na(close[1]) ? 0 : (close - close[1]) / close[1] * 100
    _cum_pct_change := _is_new_day ? _daily_pct_change : (na(_cum_pct_change) ? _daily_pct_change : (_cum_pct_change + _daily_pct_change))
    _cum_pct_change

// Calculate current cumulative percentage change
cum_pchg = cumulative_percentage_change()

//_____________________________ Cumulative Percentage Change End

//_____________________________ Cumulative Volume Percentage Change Start

// Function to calculate Daily Cumulative Volume
cumulative_volume() =>
    var float _cum_vol = na
    _is_new_day = ta.change(time('D')) != 0 ? 1 : 0
    _cum_vol := _is_new_day ? volume : (na(_cum_vol) ? volume : (_cum_vol + volume))
    _cum_vol

// Calculate current and previous day cumulative volumes
var float current_cum_vol = na
var float prev_cum_vol = na

if ta.change(time('D')) != 0
    prev_cum_vol := current_cum_vol
    current_cum_vol := volume
else
    current_cum_vol += volume

// Calculate Cumulative Volume Percentage Change
cum_vol_pchg = (current_cum_vol - nz(prev_cum_vol, current_cum_vol)) / nz(prev_cum_vol, current_cum_vol) * 100

//_____________________________ Cumulative Volume Percentage Change End

//_____________________________ Additional Filters Start

// % Change Filter
bool pchg_above_filter = true
bool pchg_below_filter = true
if i_pchg_filter
    pchg_above_filter := cum_pchg > i_pchg_above_below
    pchg_below_filter := cum_pchg < -i_pchg_above_below

// Volume Filter
bool vol_filter = true
if i_vol_filter
    vol_filter := current_cum_vol >= i_vol_above

// Volume % Change Filter
bool vol_pchg_filter = true
if i_vol_pchg_filter
    vol_pchg_filter := cum_vol_pchg >= i_vol_pchg_above

// ATR Filter
bool atr_filter = true
if i_atr_filter
    atr_filter := (high - low) > ta.atr(i_atr_length) * i_atr_multi

// Body Percent Filter
bool body_filter = true
if i_body_filter
    body_filter := (math.abs(close - open)) / (high - low) >= i_body_percent

// Body Size Filter
bool body_size_filter = true
if i_body_size_filter
    body_size_filter := (math.abs(close - open)) / (high - low) >= i_body_percent and (high - low) >= (high[1] - low[1]) * i_body_size_multiplier

// Volume SMA Filter
bool volume_filter = true
if i_volume_filter
    volume_filter := volume > ta.sma(volume, i_vol_sma_length)

// Continuous Signals Filter
average_volume = ta.sma(volume, i_rel_vol_avg_vol_len)
relative_volume = volume / average_volume[1]
rel_vol_sma_multiplier = ta.sma(relative_volume, i_rel_vol_avg_vol_len) * i_rel_vol_avg_vol_multi

bool rel_vol_filter = true
if i_rel_vol_filter
    rel_vol_filter := relative_volume > rel_vol_sma_multiplier

// Time Filter
bool time_filter = true
if i_time_filter
    time_filter := (hour > i_hour_1 or (hour == i_hour_1 and minute >= i_minute_1)) and (hour < i_hour_2 or (hour == i_hour_2 and minute < i_minute_2))

//_____________________________ Additional Filters End

//_____________________________ Retracement Signals Start
// Short Retracement Start

// Short Condition 1
short_ret_cont_1 = 
 rsi > 40

// Short Condition 2
short_ret_cont_2 = 
 rsi < 40 and
 rsi < rsi_ma and
 open < close and
 open[1] > close[1] 

var short_ret_cont_2_low = float(na)
if short_ret_cont_2
    short_ret_cont_2_low := low

// Short Condition 3
short_ret_cont_3 = 
 rsi < 40 and
 rsi < rsi_ma and
 close < short_ret_cont_2_low and
 pchg_below_filter and
 vol_filter and
 vol_pchg_filter and
 atr_filter and
 body_filter and
 body_size_filter and
 volume_filter and
 rel_vol_filter and 
 time_filter and
 barstate.isconfirmed

// Short Retracement Trigger
var short_break_current_state = 0
short_break_previous_state = nz(short_break_current_state[1])
short_break_current_state := short_break_previous_state == 3 ? 0 : short_break_previous_state
if short_ret_cont_1 and short_break_current_state == 0
    short_break_current_state := 1
if short_ret_cont_2 and short_break_current_state == 1
    short_break_current_state := 2
if short_ret_cont_3 and short_break_current_state == 2
    short_break_current_state := 3

short_ret_trigger = short_break_current_state == 3 ? true : false

//___________________________ Short Retracement End

//___________________________ Long Retracement Start
// Long Retracement Start

// Long Condition 1
long_ret_cont_1 = 
 rsi < 60

// Long Condition 2
long_ret_cont_2 = 
 rsi > 60 and
 rsi > rsi_ma and
 open > close and
 open[1] < close[1] 

var long_ret_cont_2_high = float(na)
if long_ret_cont_2
    long_ret_cont_2_high := high

// Long Condition 3
long_ret_cont_3 = 
 rsi > 60 and
 rsi > rsi_ma and
 close > long_ret_cont_2_high and
 pchg_above_filter and
 vol_filter and
 vol_pchg_filter and
 atr_filter and
 body_filter and
 body_size_filter and
 volume_filter and
 rel_vol_filter and 
 time_filter and
 barstate.isconfirmed

// Long  Retracement Trigger
var long_break_current_state = 0
long_break_previous_state = nz(long_break_current_state[1])
long_break_current_state := long_break_previous_state == 3 ? 0 : long_break_previous_state
if long_ret_cont_1 and long_break_current_state == 0
    long_break_current_state := 1
if long_ret_cont_2 and long_break_current_state == 1
    long_break_current_state := 2
if long_ret_cont_3 and long_break_current_state == 2
    long_break_current_state := 3

long_ret_trigger = long_break_current_state == 3 ? true : false

//___________________________ Long Retracement End

//_______________________ Signals End

//___________________________ Plot Retracements

// 1
plotshape(series=i_scr_show_short and i_scr_choose == 'Break Continuous' and short_ret_trigger ? 4 : na, title='Break Short Shape', style=shape.triangledown, location=location.abovebar, color=i_neg_light_color, size=size.tiny, force_overlay=true)
plotshape(series=i_scr_show_long and i_scr_choose == 'Break Continuous' and long_ret_trigger ? 4 : na, title='Break Long Shape', style=shape.triangleup, location=location.belowbar, color=i_pos_light_color, size=size.tiny, force_overlay=true)
barcolor(color=i_scr_show_short and i_scr_choose == 'Break Continuous' and short_ret_trigger ? i_neg_light_color : i_scr_show_long and i_scr_choose == 'Break Continuous' and long_ret_trigger ? i_pos_light_color : na, title='Break Candle')
bgcolor(color=i_scr_show_short and i_scr_choose == 'Break Continuous' and short_ret_trigger ? color.new(i_neg_color, 90) : i_scr_show_long and i_scr_choose == 'Break Continuous' and long_ret_trigger ? color.new(i_pos_color, 90) : na, title='Break Bgcolor')

//_____________________________ Retracement Signals End

//_____________________________ Flip Signals Start

// Signal Generation Function
exrem(condition_1, condition_2) =>
    var entry_signal = 0
    entry_signal := condition_1 ? 1 : condition_2 ? -1 : entry_signal[1]
    entry = entry_signal != entry_signal[1]
    long = entry and entry_signal == 1
    short = entry and entry_signal == -1
    [long, short]

[long_flip_signal, short_flip_signal] = exrem(long_ret_trigger, short_ret_trigger)

//___________________________ Plot Flip

plotshape(series=i_scr_show_short and i_scr_choose == 'Break Flip' ? short_flip_signal : na, title='Flip Short Shape', style=shape.triangledown, location=location.abovebar, color=i_neg_light_color, size=size.tiny, force_overlay=true)
plotshape(series=i_scr_show_long and i_scr_choose == 'Break Flip' ? long_flip_signal  : na, title='Flip Long Shape', style=shape.triangleup, location=location.belowbar, color=i_pos_light_color, size=size.tiny, force_overlay=true)

bgcolor(color=i_scr_show_short and i_scr_choose == 'Break Flip' and short_flip_signal ? color.new(i_neg_light_color, 90) : i_scr_show_long and i_scr_choose == 'Break Flip' and long_flip_signal ? color.new(i_pos_light_color, 90) : na, title='Flip Bgcolor')
barcolor(color=i_scr_show_short and i_scr_choose == 'Break Flip' and short_flip_signal ? i_neg_light_color : i_scr_show_long and i_scr_choose == 'Break Flip' and long_flip_signal ? i_pos_light_color : na, title='Flip Candle')

//_____________________________ Flip Signals End

//_____________________________ Signals End

//_____________________________ Data Table Start

// To String
day_pchg_str = str.tostring(cum_pchg,"#.##") + ' %'
volume_pchg_str = str.tostring(cum_vol_pchg,"#.##") + ' %'
day_volume_str = str.tostring(current_cum_vol/100000,"#.##") + ' L'
prev_day_volume_str = str.tostring(prev_cum_vol/100000,"#.##") + ' L'

// Color
bgcolor_1 = i_neu_dark_color
bgcolor_2 = i_neu_mid_color

pchg_col = cum_pchg > 0 ? i_pos_color : i_neg_color
vol_pchg_col = cum_vol_pchg > 0 ? i_pos_color : i_neg_color
prev_vol_pchg_col = prev_cum_vol < current_cum_vol ? i_neg_color : i_pos_color

// Plot Table
var table tbl_data = table.new(position=i_tbl_data_pos, columns=2, rows=4, border_width=1, force_overlay=true)

if barstate.islast and i_tbl_data_show
    table.cell(table_id=tbl_data, column=0, row=0, text="%Chg", text_color=i_neu_color, text_halign=text.align_left, bgcolor=bgcolor_1, text_size=i_tbl_data_txt_size)
    table.cell(table_id=tbl_data, column=1, row=0, text=day_pchg_str, text_color=pchg_col, text_halign=text.align_right, bgcolor=bgcolor_1, text_size=i_tbl_data_txt_size)

    table.cell(table_id=tbl_data, column=0, row=1, text="Vol %Chg", text_color=i_neu_color, text_halign=text.align_left, bgcolor=bgcolor_2, text_size=i_tbl_data_txt_size)
    table.cell(table_id=tbl_data, column=1, row=1, text=volume_pchg_str, text_color=vol_pchg_col, text_halign=text.align_right, bgcolor=bgcolor_2, text_size=i_tbl_data_txt_size)

    table.cell(table_id=tbl_data, column=0, row=2, text="Vol", text_color=i_neu_color, text_halign=text.align_left, bgcolor=bgcolor_1, text_size=i_tbl_data_txt_size)
    table.cell(table_id=tbl_data, column=1, row=2, text=day_volume_str, text_color=vol_pchg_col, text_halign=text.align_right, bgcolor=bgcolor_1, text_size=i_tbl_data_txt_size)

    table.cell(table_id=tbl_data, column=0, row=3, text="PD Vol", text_color=i_neu_color, text_halign=text.align_left, bgcolor=bgcolor_2, text_size=i_tbl_data_txt_size)
    table.cell(table_id=tbl_data, column=1, row=3, text=prev_day_volume_str, text_color=prev_vol_pchg_col, text_halign=text.align_right, bgcolor=bgcolor_2, text_size=i_tbl_data_txt_size)

//_____________________________ Data Table End

//_____________________________ Get Symbols for Screener Start

// Acknowledgement & Reference
// Trader: 'allanster'
// Indicator Title: 'How To Input CSV List Of Symbol Data Used For Screener'
// Indicator Link: 'https://www.tradingview.com/script/KfqHqHUH-How-To-Input-CSV-List-Of-Symbol-Data-Used-For-Screener/'

feed(back) =>                                             // extract tickerid and decrement list of ticker IDs
    loop  = back                                          // declare string variable to hold content list
    getT  = string(na)                                    // declare string variable to hold tickerid
    if str.length(loop) == 0                              // if list is empty
        getT := string(na)                                // assign na to tickerid variable
        loop := string(na)                                // assign na to list of ticker Ids variable
    else                                                  // else extract first tickerid
        getP  = nz(str.pos(loop, ','), str.length(loop))  // get position of first comma or last character
        getT := str.substring(loop, 0, getP)              // get tickerid in first position of list
        loop := str.replace(loop, getT + ',', '')         // clear tickerid + delimiter character from list
    [getT, loop]                                          // return tickerid in first position & truncated list

[tid_01, out_01] = feed(i_symbols), [tid_02, out_02] = feed(out_01), [tid_03, out_03] = feed(out_02), [tid_04, out_04] = feed(out_03),
[tid_05, out_05] = feed(out_04), [tid_06, out_06] = feed(out_05), [tid_07, out_07] = feed(out_06), [tid_08, out_08] = feed(out_07),
[tid_09, out_09] = feed(out_08), [tid_10, out_10] = feed(out_09), [tid_11, out_11] = feed(out_10), [tid_12, out_12] = feed(out_11),
[tid_13, out_13] = feed(out_12), [tid_14, out_14] = feed(out_13), [tid_15, out_15] = feed(out_14), [tid_16, out_16] = feed(out_15),
[tid_17, out_17] = feed(out_16), [tid_18, out_18] = feed(out_17), [tid_19, out_19] = feed(out_18), [tid_20, out_20] = feed(out_19),
[tid_21, out_21] = feed(out_20), [tid_22, out_22] = feed(out_21), [tid_23, out_23] = feed(out_22), [tid_24, out_24] = feed(out_23),
[tid_25, out_25] = feed(out_24), [tid_26, out_26] = feed(out_25), [tid_27, out_27] = feed(out_26), [tid_28, out_28] = feed(out_27),
[tid_29, out_29] = feed(out_28), [tid_30, out_30] = feed(out_29), [tid_31, out_31] = feed(out_30), [tid_32, out_32] = feed(out_31),
[tid_33, out_33] = feed(out_32), [tid_34, out_34] = feed(out_33), [tid_35, out_35] = feed(out_34), [tid_36, out_36] = feed(out_35),
[tid_37, out_37] = feed(out_36), [tid_38, out_38] = feed(out_37), [tid_39, out_39] = feed(out_38), [tid_40, out_40] = feed(out_39)

//_____________________________ Get Symbols for Screener End

//_____________________________ Screener Start

// Acknowledgement & Reference
// Trader: 'MUQWISHI'
// Indicator Title: 'Candlestick Patterns Screener [By MUQWISHI]'
// Indicator Link: 'https://www.tradingview.com/script/xiWQuGOq-Candlestick-Patterns-Screener-By-MUQWISHI/'

// Scanner Conditions
short_cond =
 i_scr_choose == 'Break Continuous' ? short_ret_trigger : short_flip_signal

long_cond = 
 i_scr_choose == 'Break Continuous' ? long_ret_trigger : long_flip_signal 

// Function for Screener Indicator Calculation
indicator_calculation() =>
    // Initialize variables
    price = float(na)
    _time = int(na)
    _cum_pchg = float(na)
    _cum_vol_pchg = float(na)
    signal = int(na) 

    if barstate.isconfirmed
        // Check for Short Momentum Candle and conditions (Modify here to customize indicators)
        if i_scr_show_long and long_cond
            signal := 1

        // Check for Long Momentum Candle and conditions (Modify here to customize indicators)
        else if i_scr_show_short and short_cond
            signal := -1

        // Update price and time if signal is not null
        if not na(signal)
            price := math.round_to_mintick(close)
            _time := time
            _cum_pchg := cum_pchg
            _cum_vol_pchg := cum_vol_pchg

    [_time, price, _cum_pchg, _cum_vol_pchg, signal]

// Function to format time
format_time(x) =>
    timezone = syminfo.timezone
    timeframe.isintraday ? str.format_time(x, "HH:mm  dd-MM-yyyy", timezone) : str.format_time(x, "dd-MM-yyyy", timezone)

// Function to extract symbol name
symbol(s) => 
    array.get(str.split(s, ":"), 1)

// Matrix setup
var matrix = matrix.new<string>(0, 6, na)

// Function to add rows to the matrix
mtxFun(symbol, _time, price, _cum_pchg, _cum_vol_pchg, signal) =>
    matrix.add_row(matrix, 0, array.from(symbol, _time, price, _cum_pchg, _cum_vol_pchg, signal))

// Screener function to collect data
screener(s) =>
    sym = ticker.modify(s, syminfo.session)
    [_time, price, _cum_pchg, _cum_vol_pchg, signal] = request.security(sym, timeframe.period, indicator_calculation())

    // Check if the signal is not na and the time matches
    if not na(signal) and _time == time
        symbolName = symbol(s)
        formattedTime = format_time(_time)
        strPrice = str.tostring(price)
        str_cum_pchg = str.tostring(_cum_pchg, '#.##')
        str_cum_vol_pchg = str.tostring(_cum_vol_pchg, '#.##')
        strSignal = str.tostring(signal)
        
        // Add data to the matrix
        mtxFun(symbolName, formattedTime, strPrice, str_cum_pchg, str_cum_vol_pchg, strSignal)

// Call Screener function for multiple symbols
screener(tid_01), screener(tid_02), screener(tid_03), screener(tid_04), screener(tid_05), screener(tid_06), screener(tid_07),
screener(tid_08), screener(tid_09), screener(tid_10), screener(tid_11), screener(tid_12), screener(tid_13), screener(tid_14),
screener(tid_15), screener(tid_16), screener(tid_17), screener(tid_18), screener(tid_19), screener(tid_20), screener(tid_21),
screener(tid_22), screener(tid_23), screener(tid_24), screener(tid_25), screener(tid_26), screener(tid_27), screener(tid_28),
screener(tid_29), screener(tid_30), screener(tid_31), screener(tid_32), screener(tid_33), screener(tid_34), screener(tid_35),
screener(tid_36), screener(tid_37), screener(tid_38), screener(tid_39), screener(tid_40)

// Trim excess rows in the matrix
if matrix.rows(matrix) > i_scr_tbl_disp_rows
    while matrix.rows(matrix) > i_scr_tbl_disp_rows
        matrix.remove_row(matrix, matrix.rows(matrix)-1)

// Plot Table
// Create table with specified properties
var table scr_tbl = table.new(position=i_scr_tbl_position, columns=5, rows=102, border_width=1, force_overlay=true)

// Function to populate cells in the table
scr_cell_title(col, row, txt) => 
    table.cell(scr_tbl, col, row, text = txt, text_color = i_neu_color, text_halign=text.align_center, bgcolor=i_neu_dark_color, text_size=i_scr_tbl_text_size)

scr_cell(col, row, txt, _text_color, _bgcolor) => 
    table.cell(scr_tbl, col, row, text = txt, text_color = _text_color, text_halign=text.align_left, bgcolor=_bgcolor, text_size=i_scr_tbl_text_size)

// Check if it's the last bar
if barstate.islast and i_scr_show_table
    // Clear existing data in the table
    table.clear(scr_tbl, 0, 0, 2, 101)

    scr_cell_title(0, 0, i_scr_choose)
    table.merge_cells(table_id=scr_tbl, start_column=0, start_row=0, end_column=4, end_row=0)
    scr_cell_title(0, 1, "Symbol")
    scr_cell_title(1, 1, "Time")
    scr_cell_title(2, 1, "Price")
    scr_cell_title(3, 1, "%Chg")
    scr_cell_title(4, 1, "V %Chg")

    j = 4
    // Populate table with matrix data
    if matrix.rows(matrix) > 0
        for i = 0 to matrix.rows(matrix) - 1
            // Determine color based on the signal

            _textcolor = 
             matrix.get(matrix, i, 5) ==  "1" ? i_pos_color : 
             matrix.get(matrix, i, 5) == "-1" ? i_neg_color : i_neu_color

            _bg_color = 
             matrix.get(matrix, i, 5) ==  "1" ? i_pos_dark_color :
             matrix.get(matrix, i, 5) == "-1" ? i_neg_dark_color : i_neu_color

            // Populate cells in the table
            scr_cell(0, j, matrix.get(matrix, i, 0), _textcolor, _bg_color)
            scr_cell(1, j, matrix.get(matrix, i, 1), _textcolor, _bg_color)
            scr_cell(2, j, matrix.get(matrix, i, 2), _textcolor, _bg_color)
            scr_cell(3, j, matrix.get(matrix, i, 3), _textcolor, _bg_color)
            scr_cell(4, j, matrix.get(matrix, i, 4), _textcolor, _bg_color)

            j += 1

//_____________________________ Screener End

//_____________________________ Code End

// Readme First:

// Momentum Setup: RSI Direction Confirmation Scanner

// Long Signal Logic:
//   - RSI crosses above 60.
//   - Look for a red candle where RSI is still above 60.
//   - If a green candle crosses above the red candle and RSI is still above 60, a long signal is generated.
//   - If the signal candle is large, wait for a 50% or FVG retracement before entering; otherwise, enter after the signal with a predefined risk and quantity.
//   - Use additional personal confirmations as needed.

// Short Signal Logic:
//   - RSI crosses below 40.
//   - Look for a green candle where RSI is still below 40.
//   - If a red candle crosses below the green candle and RSI is still below 40, a short signal is generated.
//   - If the signal candle is large, wait for a 50% or FVG retracement before entering; otherwise, enter after the signal with a predefined risk and quantity.
//   - Use additional personal confirmations as needed.

Overview

Momentum Setup: RSI Direction Confirmation Scanner compares RSI with an SMA of RSI using Break Flip or Break Continuous scanning. Optional filters cover price percent change, volume, volume percent change, ATR, candle body size, relative volume, and time. Table rows, position, and text size are adjustable. It does not place trades and has no stop or exit rules.

Details

Published by

Salikha003 on GitHub

Type

Indicator, Pine Script v5

Draws

Separate pane below the chart

Category

Oscillators & momentum, Screeners & dashboards, Volatility & bands

Markets

Stocks

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.

SettingTypeDefaultVariable
Scanning MethodstringBreak Flipi_scr_choose
Paste SymbolstextNSE:AEROFLEX,NSE:BAJAJHFL,NSE:BCLIND,NSE:BOMDYEING,NSE:CESC,i_symbols
Display Tablebooltruei_scr_show_table
Long Signalsbooltruei_scr_show_long
Short Signalsbooltruei_scr_show_short
Display Rowsint12i_scr_tbl_disp_rows
Table Positionstringposition.bottom_lefti_scr_tbl_position
Table Sizestringsize.smalli_scr_tbl_text_size
RSI Lengthint14i_rsi_length
RSI Sourcesourceclosei_rsi_source
SMA Lengthint14i_rsi_ma_length
Apply % Change Filterboolfalsei_pchg_filter
Show all 40 settings
SettingTypeDefaultVariable
% Change Above/Below +/-float2i_pchg_above_below
Apply Volume Filterboolfalsei_vol_filter
Volume Aboveint500000i_vol_above
Apply Volume % Change Filterboolfalsei_vol_pchg_filter
Volume % Change Abovefloat0i_vol_pchg_above
Apply ATR Filterbooltruei_atr_filter
ATR Lengthint14i_atr_length
ATR Multiplierfloat1i_atr_multi
Apply Body % Filterboolfalsei_body_filter
Body % Abovefloat70i_body_percent
Apply Body Size Filterboolfalsei_body_size_filter
Body Size Multiplier (x)int2i_body_size_multiplier
Apply Volume Filterboolfalsei_volume_filter
Volume SMA Lengthint20i_vol_sma_length
Apply Continuous Signals Filterboolfalsei_rel_vol_filter
Break Signals Lengthint90i_rel_vol_avg_vol_len
Rel Vol SMA Multiplierfloat5i_rel_vol_avg_vol_multi
Apply Time Filterboolfalsei_time_filter
Time Fromint9i_hour_1
:int15i_minute_1
Time To int10i_hour_2
:int15i_minute_2
Display Tablebooltruei_tbl_data_show
Positionstringposition.bottom_righti_tbl_data_pos
Sizestringsize.normali_tbl_data_txt_size
Positive Darkcolor#03110Fi_pos_dark_color
Positive Midcolor#26A69Ai_pos_color
Positive Lightcolor#ACE5DCi_pos_light_color
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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