MarketCipher B plots a wave oscillator in a separate pane. It builds two smoothed waves from the typical price, draws their difference as a VWAP-style area, and marks wave crosses with buy and sell dots, including larger dots below a lower threshold. Optional
Pine Library · 3,035 open-source scripts
Free Oscillator and Momentum Pine Scripts (page 2)
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
Oscillators & momentum: Indicators, Strategies and Libraries
The Reverse RSI Strategy is a scalping system designed for forex pairs during specific trading sessions. It combines a smoothed RSI indicator with five Exponential Moving Averages to identify mean-reversion trade opportunities. Position sizing dynamically adju
This indicator plots RSI in a separate pane and marks regular divergences between confirmed price pivots and RSI pivots. A bullish signal requires a lower price low, a higher RSI low, and an RSI reading in the oversold zone, within a set bar gap. Bearish detec
This indicator projects a three-dimensional surface plot of multiple MACD calculations in a separate indicator pane. It calculates exponential moving averages across ranges of fast and slow periods defined by user-selected minimum, maximum, and step parameters
Calculates the Average Directional Index (ADX), Directional Movement Index (DMI), and an Exponential Moving Average to trade strong directional momentum. It enters long when the DI+ line crosses above DI- while ADX exceeds a threshold and price is above the EM
DC Hacendado A is an overlay indicator inspired by Market Cipher A and VuManChu Cipher A. It calculates an eight-line exponential moving average ribbon alongside WaveTrend oscillator conditions, Relative Strength Index measurements, and a custom RSI plus Money
Calculates the Stochastic Momentum Index (SMI) Ergodic oscillator in a separate pane. Users can choose from nine different moving average types for both the SMI line and signal line calculations, including SMA, EMA, DEMA, TEMA, WMA, SSMA, LSMA, Hull, and ALMA.
RePaNoCHa V4 is an overlay alert indicator that plots a Tillson T3 moving average on the price chart and colors it by whether the line is rising or falling. It combines that slope with a range filter, ADX, parabolic SAR, RSI, and MACD to mark long and short si
This overlay indicator scores breakouts of recent highs and lows against failed-breakout checks, EMA trend alignment, RSI momentum, and an ATR volatility band. It plots green buy and red sell labels when conditions pass a minimum score, and it prints ATR-based
This strategy evaluates market trends using triple exponential moving averages, a Stochastic RSI oscillator, MACD, Supertrend, and average true range. It plots two EMAs and Supertrend direction directly on the price chart alongside entry shape markers. Long en
This indicator draws a combined bias in a separate pane, aimed at crypto charts. It colors the alert green, red, or white from a linear-regression value and ADX directional movement, using a sensitivity input that tightens or loosens the ADX threshold and slop
This strategy plots dynamic pivot-based support and resistance trendlines on the price chart and trades breakouts beyond those lines. By default it allows longs only when EMA 50 is above EMA 200 and an RSI-SMA momentum filter is met, with an ATR entry buffer.
This Pine Script strategy computes a MACD indicator with customizable fast, slow, and signal EMA lengths applied to close prices. Delta is calculated as the difference between the MACD line and signal line, plotted as an overlay on the price chart. Long entrie
ForexAlgo generates trade signals directly on the price chart using a primary leading indicator, such as the Range Filter, combined with modular confirmation filters. Traders can toggle multiple technical filters, including exponential moving average crosses,
This strategy plots buy and sell markers on the price chart by combining a fast and slow ALMA crossover with a simple close-to-close momentum check. A long marker appears when the fast ALMA crosses above the slow ALMA and momentum is positive. A short marker a
This strategy generates long signals on the price chart using multiple technical indicators. It computes EMA 70 and 100, SMA 70, ADX with DMI, CCI, and MACD values. A long entry occurs when EMA crossover condition, SMA condition, ADX above 15, CCI above 30, an
This indicator calculates Time Segmented Volume (TSV) to measure volume flows by comparing price and volume changes across periods. Displayed in a separate pane, it plots a color-coded TSV histogram alongside a fast moving average signal line. It adds upper an
This strategy plots a simple moving average basis and upper and lower Bollinger bands on the price chart, with a fill between the bands. It also calculates RSI. It opens one long trade when RSI is above 25, price is at or below the lower band, and no position
Philosopher is an overlay strategy that combines Stochastic momentum calculations, Waddah Attar Explosion volatility signals, and Hull Moving Average baselines to generate trade entries. It utilizes higher-timeframe Hull Moving Averages to evaluate market tren
This strategy plots an EMA or SMA on the price chart and enters long when price is above the average and both RSI and Williams %R meet the long condition, or short when price is below the average and both oscillators meet the short condition. An optional turn
This strategy evaluates higher-timeframe four-hour ADX momentum and RSI conditions to generate long trades on lower timeframes like 15 minutes. Entries trigger when 15-minute RSI drops relative to four-hour RSI under specific directional strength conditions. P
This strategy calculates volume-weighted Relative Strength Index (RSI) values across multiple timeframes, specifically 15-minute and daily periods. It averages the resulting short- and long-term RSIs into an oscillator to identify extreme overbought and overso
This indicator combines multiple momentum and volume metrics into a single separate pane. It calculates a WaveTrend-style stochastic oscillator derived from Heikin Ashi values, a volume-weighted Money Flow Index (MFI) centered at zero, an exponential-smoothed
This indicator identifies trend-following breakout opportunities by combining directional movement, trend channels, and multi-period price extremes. It calculates an ADX-colored weighted moving average, a linear regression trend filter based on a volatility ch
This indicator aggregates buy and sell signals from four technical tools: Exponential Moving Averages, Bollinger Bands, Fisher Transform, and MACD. It evaluates specific price conditions and crossovers to classify market states into Strong Buy, Weak Buy, Stron
This long-only momentum strategy combines the Relative Strength Index with the Moving Average Convergence Divergence indicator. It opens a long trade when the RSI has been in oversold territory within the last five bars and the MACD line crosses above its sign
This strategy overlays Ichimoku lines and a cloud on the price chart, plus a stochastic RSI and an upper band from a Hull moving average and standard deviation. It opens one long inside a date window when the cloud is green and price is above the cloud and con
This indicator combines the Stochastic oscillator, Relative Strength Index (RSI), and MACD to detect aligned momentum signals. A bullish state occurs when Stochastic rises above 20 and stays below 80, RSI is above 50, and the MACD line is above its signal line
This strategy calculates a Moving Average Convergence Divergence (MACD) and signal line using 12 and 26-period simple moving averages requested from a fixed 5-minute timeframe. It enters a long position when the MACD line crosses above the signal line while th
This indicator calculates a custom CSI value using price body ratio, volume score, and range z-score normalized by ATR. It generates bull and bear sentiment signals when CSI, RSI below 60, and Bollinger Band conditions align simultaneously. Bull signals trigge
This indicator calculates the Chande Momentum Oscillator by comparing the sum of price gains to the sum of price losses over a defined lookback period. It plots the resulting oscillator line in a separate pane alongside configurable upper, lower, and zero refe
This indicator identifies Smart Money Concepts market structure across higher and lower timeframes directly on the main price chart. It detects Break of Structure, Market Structure Shifts, Order Blocks, and regular or inverse Fair Value Gaps. Entry signals are
This indicator combines the Koncorde oscillator with a traditional Moving Average Convergence Divergence (MACD) indicator in a separate pane. It calculates Koncorde using a mixture of the Relative Strength Index (RSI), Money Flow Index (MFI), Bollinger Bands o
This indicator overlays trend and momentum signals directly on the price chart. It calculates fifty-period and two-hundred-period exponential moving averages, a fourteen-period Stochastic oscillator smoothed with three-period simple moving averages, and a four
This overlay indicator plots Central Pivot Range levels and bands across yearly, quarterly, monthly, weekly, daily, and six-hour periods. Each timeframe can be shown or hidden, and pivot and band colors are set separately. It also marks MACD momentum and EMA t
This indicator plots a detrended price oscillator and a random walk index in a separate pane. It subtracts a simple moving average of close from price, either with the average lagged or with price shifted back when the centered option is on. The oscillator lin
This strategy enters long positions based on momentum confirmation from RSI and MACD, operating directly on the main price chart. It buys when the 14-period RSI exceeds 60 while the MACD line trades above the signal line. Positions close when the price crosses
This indicator identifies trend reversal signals on the price chart by combining exponential moving average crossovers with momentum and volatility filters. It calculates fast, slow, and long-term filter EMAs, along with RSI and ATR. A bullish reversal trigger
This indicator calculates a short-period Relative Strength Index and monitors crosses around a center threshold. It triggers buy signals when the RSI crosses above the level and sell signals when it crosses below. Signal shapes are plotted directly on the main
This strategy enters long when a series labeled ADX is above a threshold and RSI is below 40, and enters short when that series is above the threshold and RSI is above 60. Both series are calculated with the RSI function, so the trend filter is not a true ADX.
This strategy enters a long position when a short RSI falls below a user threshold and price is above a simple moving average trend filter. It closes the long when RSI rises above a second threshold and does not set a stop loss. Position size defaults to full
This indicator overlays an order flow intelligence suite directly on the price chart. It renders a liquidity heatmap across configured price zones, alongside an on-chart information panel displaying volume delta, cumulative volume delta, a momentum compass bas
This strategy enters long when the fast EMA crosses above the slow EMA while ADX is at least the minimum and DI plus exceeds DI minus. It enters short on the opposite cross with DI minus above DI plus. Each entry sets an ATR-based stop and take profit using th
GemHunter v4 classifies market conditions into bullish, bearish, or neutral regimes using a multi-indicator voting system. It combines exponential moving average alignment, MACD momentum, and RSI strength, optionally gated by ADX trend strength and higher-time
This indicator combines five normalized oscillator channels: RSI, stochastic, MACD histogram, money flow index, and the ADX directional difference. It cross-subtracts channel pairs with a fixed or correlation-based weight meant to reduce shared overlap, then s
Christian Qullamaggie Strategy is a trend-following and breakout strategy overlay designed to identify high-momentum trading opportunities directly on the price chart. It evaluates market conditions using fast, mid, and slow EMAs, average true range (ATR), and
The VAMO Crossover Strategy is a scalping system that combines momentum and volatility into a Volatility-Adjusted Momentum Oscillator (VAMO). It calculates momentum using Rate of Change divided by ATR and generates trade signals when VAMO crosses its EMA signa
This indicator generates buy and sell signals based on engulfing candlestick patterns, a candle stability ratio relative to true range, RSI thresholds, and a multi-bar price momentum condition. It draws visual signal labels on the chart alongside suggested tak
More Pine Script Categories
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.
- 7What Pine Script isThe language, what it can and cannot do, and where to start.
- 8Write your first indicatorA complete script, line by line, in the Pine Editor.
- 9Read a script before you trust itA routine for checking inputs, logic and red flags.
- 10Edit a script safelyChange colours and lengths, add a filter or an alert.
- 11Pine Script alertsalertcondition(), alert(), placeholders and webhooks.
- 12Build a crossover strategyAn EMA cross strategy with an ATR stop, ready to test.
Trade Your Charts With a Regulated Broker
Compare regulated brokers on platforms, spreads, minimum deposit and leverage.
Compare brokers