This indicator calculates a modified MACD oscillator and signal line alongside a trend EMA filter, plotting the output as a stylized column histogram in a separate pane. Instead of plotting true MACD distance, it quantifies positive and negative histogram mome
Pine Library · 3,035 open-source scripts
Free Oscillator and Momentum Pine Scripts
Open-source Pine scripts that measure momentum: RSI and MACD variants, stochastics, CCI, multi-timeframe oscillators and momentum strategies.
Pine scripts3,035
Code shown here1,673open licence
Updated in a year1,920
No repaint flag2,652
About Oscillators & momentum Scripts
Oscillators move between fixed or typical bounds and show how fast price is moving, not just where it is. They usually sit in their own pane below the chart.
"Overbought" and "oversold" are descriptions, not signals: in a strong trend an oscillator can stay at an extreme for a long time. Many scripts combine an oscillator with a trend filter for that reason.
383 of these 3,035 scripts are marked Repaints, or read higher-timeframe data with lookahead on.
Before You Use One
- Check the length and the levels it treats as extremes.
- Watch it through a strong trend, not only a range.
- Look for the Repaints badge on multi-timeframe versions.
Oscillators & momentum: Indicators, Strategies and Libraries
This strategy plots on the price chart and opens long or short positions when a weighted score from MACD, Stochastic RSI, RSI, Supertrend and a moving-average crossover exceeds a user-set trigger. Each component has its own weight and candle delay. Entries can
Mean Reversion Strategy is an overlay strategy that identifies pullbacks using a long-term EMA, RSI, and candlestick patterns. It generates long signals when a bullish engulfing candle forms below the EMA while RSI is oversold, and short signals when a bearish
This strategy calculates the Moving Average Convergence Divergence indicator and plots the MACD line, signal line, and histogram in a separate pane. It enters long positions when the MACD line crosses above the signal line and enters short positions when it cr
This indicator combines Bollinger Bands, RSI, Stochastic RSI, and volume spike detection to identify mean-reversion conditions during range-bound market regimes. It calculates Bollinger Band width to identify low-volatility states and triggers buy or sell sign
KamaFama is an indicator that translates a Freqtrade trading strategy into Pine Script for visualization. It combines Kaufman Adaptive Moving Average (KAMA), MAMA/FAMA calculations derived via Hilbert Transform, Williams %R, and correlation trend filters to ev
The 8zz Contrarian Indicator plots reverse sentiment trading signals directly on the price chart based on tracked retail post activity. It generates bullish signals during retail panic and bearish signals during market euphoria. The indicator features adjustab
This indicator measures market consolidation and breakout phases by computing a scaled Relative Strength Index (RSI) on normalized price data. It identifies chop zones when the RSI oscillates between 40 and 60, highlighting tight consolidation between 45 and 5
An overlay indicator that applies a k-nearest-neighbors machine learning classifier using Lorentzian distance to predict price movement. It evaluates historical market features, such as RSI, WaveTrend, CCI, and ADX, to identify similar price-time patterns and
This indicator generates trend-following trade signals on the price chart by combining moving average crossovers with multi-factor filters. It triggers entry alerts when fast and slow EMAs cross in the direction of a baseline trend EMA, confirmed by non-extrem
This indicator plots the 20-period RSI on the chart along with a horizontal line at 50. It detects crossovers above 50 for long signals and crossunders below 50 for short signals. Entries are controlled by two input booleans allowing longs and shorts separatel
Momentum Rider Alerts is an indicator overlay designed to generate momentum signals on the price chart. It visualizes price momentum dynamics and triggers real-time alerts when momentum conditions are met. Users can apply this tool across various markets to id
This strategy plots a MACD oscillator in a separate pane and trades Bitcoin futures from zero-line and signal-line crosses. Optional early momentum signals, a volume filter, and a trend moving-average filter can confirm entries. It sizes positions as fixed con
Double Screened Decision is a multi-timeframe trend and momentum indicator overlaid directly on the price chart. It dynamically selects a higher timeframe based on the active chart resolution to evaluate higher-timeframe MACD, Bollinger Bands, RSI, and Stochas
The 8-Factor Composite Screener evaluates equities across fundamental and technical criteria, including valuation ratios, earnings and revenue growth, 12-month return momentum, proximity to 52-week highs, Stage 2 moving average alignment, benchmark relative st
This strategy plots exponential-moving-average Bollinger bands on the price chart and calculates RSI. It opens a long position when close crosses above the upper band while RSI is at or above a threshold, the date filter allows trading, and no position is open
SSE Index RSI Bounce Strategy is a multi-timeframe momentum and trend strategy that combines daily and weekly Relative Strength Index (RSI) bounds with Exponential Moving Averages (EMA). It identifies long entries when daily or weekly RSI crosses up from overs
This overlay indicator plots a SuperTrend using a 10-period ATR with a multiplier of 3, drawing up and down stop lines and a faint trend fill on the price chart. It compares a 9-period EMA with an 18-period EMA and a 12/26/9 MACD against its signal, and it req
This strategy trades longs and shorts on the price chart. Long entries require a close above the prior Donchian high, a close above a long-term SMA, and RSI above a threshold, with size set as a percentage of equity. Long exits use a stop at the prior Donchian
Cronex T Demarker is a momentum indicator that calculates a modified DeMarker oscillator averaged over multiple step lengths and centered at zero. It applies a T3 exponential smoothing filter based on a customizable curvature parameter to generate a smooth tri
This indicator transforms standard RSI calculations into logit space, estimating rolling distributions to derive empirical z-scores mapped back to the 0–100 RSI scale. Plotted in a separate pane, it features multi-horizon central lines—fast and structural cent
This strategy enters directional trades based on MACD histogram zero-line crossovers filtered by a safety threshold. Users toggle long or short trading modes independently. MACD lines can be calculated using simple or exponential moving averages. Exits execute
CombinedBinHAndClucV6 is a trading strategy based on the popular BinHV45 and ClucMay72018 algorithms. It calculates dual Bollinger Bands, Exponential Moving Averages, Relative Strength Index, Average True Range, and volume metrics across primary and one-hour h
This indicator scans up to thirty symbols simultaneously against selected technical strategies, such as moving average crosses, price strength, or volume momentum. It displays long and short signals using shapes, labels, and horizontal lines directly inside a
This indicator plots the Average Directional Index with plus and minus directional indicators in a separate pane. It builds directional movement from true range using Wilder's smoothing, then draws ADX, plus DI and minus DI against a dotted trend-strength line
This indicator plots a composite oscillator in a separate pane. It draws a classic Awesome Oscillator histogram from 5- and 34-period simple moving averages of the median price, plus a MACD histogram from 12- and 26-period exponential moving averages with a 9-
This indicator computes several classic studies in a separate pane: Bollinger Bands from a simple moving average and standard deviation, an inverse-Fisher transform of the CCI smoothed by a weighted moving average, RSI, MACD with a histogram, and Stochastic RS
LuxAlgo Hybrid Gold Scalper is a price-chart strategy aimed at gold. It stacks a fast, slow, trend and 200-period bias EMA to mark trend direction, then filters strength with RSI, ADX and an intraday VWAP. Swing highs and lows are marked from pivot length. Set
This multi-indicator modular strategy evaluates market entries by requiring consensus across a selectable suite of technical tools, including Absolute Strength, SSL Channel, Squeeze Momentum, and WaveTrend. Once conditions are met, it executes entries and scal
Awesome Oscillator Divergences calculates the Awesome Oscillator using the difference between fast and slow exponential moving averages of the median price. It identifies regular and hidden bullish and bearish divergences by comparing pivot highs and lows on t
This indicator identifies Qullamaggie-style momentum trading setups, including Breakout, Episodic Pivot (EP), and Parabolic reversals. It evaluates prior moves, consolidation tightness, volume expansion, moving average alignment (50 SMA and 20 EMA), and stretc
3hr Stoch is a short-only trading strategy based on a smoothed Stochastic Oscillator. It calculates the %K and %D lines using configurable period and smoothing settings. The strategy enters a short position when the %K line crosses below the %D line while drop
This Pine Script strategy identifies classic bullish engulfing candlestick patterns to open long positions, deploying 100 percent of equity. It calculates a short-term Relative Strength Index to determine exits, closing open long positions when the RSI exceeds
This indicator collection calculates and plots previous daily high and low price levels on the chart to identify potential supply and demand zones. It includes real-time intraday high and low calculations, RSI divergence detection across a customizable period
The Adaptive Money Flow Index indicator dynamically adjusts its lookback length using John Ehlers dominant cycle measurement technique. It filters the input source using a high-pass filter and a SuperSmoother filter, applying Pearson correlation and spectral a
BBW RSI 60 Study combines Bollinger Bands, Bollinger Band Width (BBW), and the Relative Strength Index (RSI) to monitor volatility compression and momentum reversals. It plots standard Bollinger Bands directly on the price chart while internally calculating RS
This indicator calculates the Relative Strength Index (RSI) alongside a simple moving average to generate directional momentum signals in a separate pane. It supports Break Flip and Break Continuous scanning modes for long and short setups. A wide array of opt
This strategy calculates a standard moving average convergence divergence oscillator and executes trades directly on the main price chart. It opens a long position when the histogram delta crosses above zero and enters a short position when it crosses below ze
This indicator plots two ratios of annualized rate of change to annualized historical volatility in a separate pane. It requests daily closes and computes a 252-day and a 63-day compound ROC, each scaled by 252 trading days. Historical volatility is the standa
This strategy plots on the XAUUSD price chart and looks for Smart Money Concepts entries on the fifteen-minute timeframe. It scores fair value gaps, order blocks, liquidity sweeps, break of structure, and change of character, plus EMA, RSI, MACD, and higher-ti
Self-Aware Trend System calculates volatility-adaptive ATR trailing bands using a Trend Quality Index engine that evaluates market efficiency, momentum persistence, and structural pivots. It plots adaptive trend bands and character-flip trend signals directly
This strategy compares two momentum readings of the close, a faster and a slower period, and plots both in a separate pane with a colored fill. It enters long when both readings are positive and closes the long when either turns negative. Unless long-only mode
Not MCB draws a zero line and dotted overbought and oversold levels in a separate pane. It builds an RSI-MFI series from each candle’s close-to-open change divided by its high-to-low range, then smooths that value with a chosen moving average and a scale setti
This strategy evaluates market trend and momentum to generate long and short trading signals on price charts. It plots 100-period and 500-period moving averages (EMA or SMA) to establish macro trend direction. Long entries require trend alignment alongside opt
This indicator calculates a smoothed average range filter and combines it with a Relative Strength Index framed by Bollinger Bands. It projects range levels, breakout boundaries, and buy or sell signals directly onto the price chart. A custom 20-step color gra
AwesomeADX is a Pine Script v4 strategy that combines an Awesome Oscillator, ADX directional movement, and Bollinger percent B with an optional four-length moving-average trend filter. It sizes each position as a percentage of equity and can limit trades to a
This overlay indicator marks volume-driven buying and selling pressure on the price chart. It compares volume with a simple moving average scaled by a volatility-based multiplier, and it uses a trend simple moving average plus RSI thresholds to color bars. Swi
This indicator implements a full Chanlun pipeline on the price chart. It merges contained bars, marks top and bottom fractals, and connects alternating fractals into strokes. Overlapping strokes form pivot boxes, and MACD area ratios flag trend or consolidatio
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Related on ForexR
Third-party code. ForexR lists open-source Pine scripts from GitHub; it did not write, test or endorse them, and their summaries are generated automatically from each script's code and README. Indicators describe the past, and a strategy's backtest can look better than live trading. Check a script on a demo account before you rely on it. CFDs and leveraged forex are complex instruments with a high risk of losing money rapidly.
Learn to Use Pine Scripts
Free, plain-English guides: add a script to TradingView, read what it does, test it and avoid the common traps.
- 1Using this librarySearch, filters, licences and what the badges mean.
- 2Add a script to TradingViewCopy, paste into the Pine Editor, save and add to chart.
- 3Indicators, strategies and librariesWhat each type does and how to tell them apart.
- 4Spot a script that repaintsWhy some signals change after the bar closes.
- 5Backtest a strategyStrategy Tester settings that keep results honest.
- 6Send alerts to MT4 or MT5From a TradingView alert to an order in MetaTrader.
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