This strategy plots on the price chart and enters when three smoothed moving averages are aligned, RSI is on the matching side of 50, and a Williams fractal appears. An upward stack with RSI above 50 and a down fractal opens a long; the opposite setup opens a
Pine Library · 3,035 open-source scripts
Free Oscillator and Momentum Pine Scripts (page 29)
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
This script implements an automated unit testing suite for a 4-hour swing trading system based on market structure and MACD. Utilizing a custom PineUnit framework with user-defined types, it validates mock functions for change of character, break of structure,
This strategy implements Larry Connors' 2-period RSI mean-reversion algorithm overlaid on the price chart. It filters trades using a long-term Simple Moving Average (SMA), entering long positions when the price trades above the SMA and the short-term RSI drops
This indicator calculates the Relative Strength Index using a volume-weighted moving average of the closing price as its source. It plots the resulting oscillator in a separate pane alongside configurable overbought and oversold threshold lines. The plot line
This indicator calculates the relative strength of the current asset compared to a benchmark symbol such as SPY. It stores the price ratio across a configurable lookback window, ranks the current ratio as a percentile from 0 to 100, and plots the result as a c
The Normalize Heatmap Indicator scales a chosen price source between 0 and 1 over a set lookback period using stochastic-style min-max normalization. It paints price candles on the main chart using configurable Rainbow or RGB color gradients based on the norma
This strategy combines Relative Strength Index and Bollinger Bands for short-term signal generation. It enters long positions when the price crosses below the lower Bollinger Band while the RSI falls at or below the oversold threshold. Positions are scaled dow
Divergenced A002 is a momentum divergence strategy designed to identify entry opportunities using Squeeze Momentum Indicator shifts alongside price action. It enters long when momentum reaches higher lows during lower price lows and enters short on opposite di
The script calculates a variant of the Fear & Greed Index using rate of return, accumulation distribution money flow weighted by volume, and volatility from VIX. It offers display options for the raw index value or price candles scaled by the index level. Smoo
WE Alpha is an oscillator that combines a custom MACD line and histogram with a modified Chaikin Money Flow calculation scaled directly to MACD values. It plots the MACD line, signal line, histogram area, and a money flow line dynamically colored according to
The Candle Pressure Index measures buying versus selling pressure from candle geometry and relative volume. Each bar combines close location, body ratio, and volume rank into a raw pressure value. An exponential moving average of that pressure forms the CPI os
Quant RSI is an indicator that plots a Laguerre-filtered Relative Strength Index (RSI) in a separate pane. It incorporates Hull Moving Average smoothing to reduce lag, along with ATR-based volatility calculations and ADX trend tracking. The indicator evaluates
Manias, Panics and Crashes is a separate-pane market regime indicator that quantifies market sentiment and systemic risk. It processes technical metrics including RSI, moving averages, and volume alongside optional intermarket data such as VIX volatility and c
This strategy scores bullish and bearish confluence from RSI, MACD, a stochastic of RSI, and a fixed ten-bar momentum reading. It opens a long or a short only when the position is flat and the matching count reaches the minimum confirmation setting, then close
Whiplash is a separate-pane indicator that smooths the difference between close and open with a user-selected moving average, then converts that series into a Z-score over a fixed lookback. Small candle bodies near zero are treated as chop, while readings beyo
The Momentum - MOM indicator calculates standard price momentum over a user-defined length and source, then smooths the momentum values using a customizable moving average. Users can choose from multiple moving average types, including EMA, SMA, RMA, WMA, VWMA
This indicator plots a modified MACD-style momentum oscillator in a separate pane. It compares a zero-lag EMA of the typical price with smoothed moving averages of the high and low, then sets the impulse to the distance outside that range or to zero when price
Capital41 Fusion Scalp is an overlay indicator that identifies high-confluence setups by combining four core conditions: EMA trend direction, RSI momentum, Williams %R levels, and ATR with volume expansion. Bullish and bearish signals are plotted on the chart
Stochastic W%R is a momentum oscillator that combines Stochastic smoothing techniques with Williams %R concepts. It calculates a smoothed K line alongside a D signal line derived from a simple moving average of K. The indicator plots in a separate pane with bo
This strategy draws on the price chart and combines a triple EMA stack, a volume spike with a minimum price move, and a MACD line-signal crossover. It enters long or short only when at least the chosen number of those three signals agree, with an optional RSI
This indicator calculates multi-timeframe metrics and presents them in an on-chart table panel. It inspects daily (1D) and weekly (1W) higher-timeframe data to analyze swings, support and resistance levels, RSI momentum, and relative volume conditions. The pan
This indicator plots six exponential moving averages on the price chart and places buy and sell labels when the first EMA crosses the third. It calculates MACD from fast and slow averages, with selectable SMA or EMA smoothing, and classifies the histogram as r
This indicator plots multiple EMA lines and MACD on the price chart. It generates buy signals on golden cross entry when EMA 3 and 13 crossover coincides with MACD golden cross within three bars. It generates sell signals on death cross entry under the same th
This strategy overlays the price chart to generate trading signals by combining Quantitative Qualitative Estimation (QQE), a custom SuperTrend, and a CCI ATR trend metric. It colors candles green or red according to combined trend alignment and enters long or
This strategy combines the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and a volume filter to identify long trade entries. A buy signal requires RSI to be oversold, MACD to cross above its signal line, and volume to exceed 1.5
This indicator calculates and plots the traditional Relative Strength Index momentum oscillator in a separate chart pane. It measures recent price changes to evaluate overbought and oversold market conditions. The script uses a configurable length period setti
The RSI Divergence Indicator MP detects regular and hidden bullish and bearish divergences using configurable RSI and pivot parameters. It plots the RSI oscillator with customizable overbought and oversold levels in a separate pane, while optionally drawing di
The Oscillator is a technical indicator designed to analyze price momentum across multiple display modes and formulas. It calculates values using fast and slow lookback periods, incorporating adjustable smoothing types and an exhaustion threshold to identify o
MirPapa_Lib_trend is a Pine Script utility library providing trend and momentum calculation functions for other scripts. It features implementations for several moving average types, including the Hull Moving Average (HMA), Exponential Hull Moving Average (EHM
This indicator plots a horizontal table at the top of the price chart. It displays the symbol, name, sector, RSI value, ADR percentage, ATR percentage, and days until next earnings release. Earnings days are color-coded with gray for unknown dates, green for o
This strategy combines Stochastic, RSI, exponential moving averages, Average True Range, and Fibonacci levels to generate trend confirmation and scalping signals, specifically designed for XAUUSD (Gold). It evaluates oversold and overbought conditions alongsid
Alper is a multi-indicator trading strategy combining a WaveTrend oscillator, RSI, and Squeeze Momentum logic based on Bollinger Bands and Keltner Channels. Operating within a user-defined backtest time window, it plots WaveTrend lines, overbought and oversold
This strategy combines momentum-based ZigZag calculations with a Supertrend overlay and an EMA trend filter to generate trading entries. It allows selecting between QQE, MACD, or Moving Averages to drive the ZigZag pivot logic. The strategy includes adjustable
Detects the FX pair on the chart and pulls daily 2-year and 10-year government yields for both currencies. It blends them into a yield-spread z-score drawn as an oscillator in a separate pane, tracks its rate of change and flags abnormal moves. A rolling regre
An indicator that looks for reversal setups inside a Fibonacci retracement zone, defaulting to 61.8 to 78.6 percent with a sweet spot level, measured from a higher timeframe. It combines W and M pattern matching with Williams %R, MACD, RSI and an OBV EMA, and
MACD is a standard moving average convergence divergence oscillator in a separate pane. It shows the MACD line, a signal line that can use EMA or SMA smoothing, and a histogram colored in four shades for rising and falling momentum above or below zero. Optiona
This strategy plots a volume-weighted moving average, a Hull moving average, and a linear regression on the price chart. It enters long when the Hull average crosses above the volume-weighted average while stochastic is above 50, on-balance volume is rising, m
A strategy that scores RSI across four timeframes, with weights falling from the chart timeframe to the 4-hour, and adds or subtracts points for RSI divergence at recent pivots. It enters long when the score rises above a threshold and short when it falls belo
This intraday trading strategy combines fast, slow, and trend exponential moving averages with MACD, RSI, and ADX filters to generate trade signals during active trading sessions. It enters long positions when the fast EMA crosses above the slow EMA above the
Plots a standard 14-period RSI in a separate pane with 30, 50 and 70 reference lines and detects divergence between RSI and price. It compares confirmed pivot lows and highs of the RSI against price over a minimum and maximum bar range. Regular bullish and bea
A separate-pane indicator that ranks up to ten user-chosen symbols, preloaded with Chinese-listed ETFs for gold, Nasdaq and other indices, by daily momentum and tracks a rotation into the top few, with the count adjustable. An optional market filter compares a
This strategy combines Exponential Moving Averages and a Stochastic Oscillator to generate trading signals directly on the main price chart. Long positions enter when %K crosses above %D below an oversold threshold of 40, exiting on a crossunder above an overb
This indicator plots a trend strength oscillator in a separate pane using the Kalman filter applied to a chosen source. It combines ZigZag trend detection with configurable depth and deviation settings to identify trend changes. The Follow Line feature generat
Slow & Steady is a swing trading strategy that identifies trend direction using aligned EMAs of 50, 100, and 200 periods. It generates buy and sell signals when the MACD line crosses its signal line within a confirmed trend, filtered by ADX strength. Entries c
This indicator calculates custom moving average convergence divergence values using selectable calculation methods, fast and slow lengths, source prices, and signal smoothing types. It plots an oscillator on the price chart with customizable vertical placement
Marks trend changes on the price chart using price against 20 and 50 period simple moving averages. A bullish trend needs the close above both and a bearish trend below both. A strict alternating rule allows a buy only after a sell and the reverse, so signals
A separate-pane True Strength Index indicator with fast and slow parameter sets, selectable by a speed input. It offers colour themes, optional overbought and oversold lines, crossing markers and a middle line, and colour inputs for the line and signal. Separa
A strategy that mixes a Stochastic Momentum Index, an EMA pair and MACD histogram conditions. In the visible code it opens long trades when the MACD histogram crosses above zero with price over a 20-period EMA, and closes them on the opposite cross, with stop
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.
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