This indicator calculates John Ehlers' Sine Wave cycle indicator and plots it in a separate pane. It detrends the chosen input price using a two-pole high-pass filter, smooths the result with a two-pole Super-Smoother filter, and resolves the cycle into in-pha
Pine Library · 3,035 open-source scripts
Free Oscillator and Momentum Pine Scripts (page 40)
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 indicator builds a momentum score from the rate of change of close, using a lookback that expands or contracts with ATR relative to its standard deviation. It divides that rate of change by price standard deviation, scales the result, and weights it by vo
Diverlong E002 is a trading strategy that identifies momentum divergences using state changes in the Squeeze Momentum Indicator. It triggers long and short entries when price action diverges from momentum transition phases. Position exits are determined by Cur
This indicator overlays two Bollinger Band sets from two timeframes on the price chart. It centers RSI on zero and classifies the second timeframe as up, sideways, or down. A buy appears when that trend is down or sideways and the first timeframe percent B is
This indicator plots a higher-timeframe MACD breakout setup on the price chart and combines it with linear regression channels. It marks support and resistance zones from MACD histogram sensitivity, then filters them with the MACD zero line, a linear regressio
This indicator plots signals on the price chart for crypto trading. It computes RSI-2, MACD crossover, Bollinger Band squeeze, volume spikes, Triple EMA alignment and Ichimoku Cloud to produce confluence signals. Each indicator can be toggled with adjustable w
This indicator plots a standard MACD oscillator alongside an average true range line in a separate pane. It calculates the MACD line, signal line, and histogram using customizable fast, slow, and smoothing periods. It also computes a 13-period ATR plotted with
This strategy trades XAUUSD using a combination of Stochastic, RSI, and triple exponential moving averages paired with Fibonacci zones and M15 trigger conditions. It identifies confirmation trades and optional scalping setups based on overbought or oversold le
Alpy Vix is a strategy that calculates and plots the Williams Vix Fix indicator adapted for BIST stocks in a separate pane. It generates entry signals when the Vix Fix crosses upper bands or percentile ranges and meets filtered criteria based on price action s
A strategy that builds on the JAT+BSM family: an AlphaTrend style core with MACD, three consolidation layers with volume profile, candlestick and macro pattern drawings, and a kinematic and Bayesian forecast with a feedback learning rate. Inputs include a stra
Calculates and coordinates trading signals across up to twenty cryptocurrency instruments using four core analytical dimensions: trend, momentum, volatility, and volume. Users can configure signals to trigger from single dimensions, simultaneous multi-factor c
A separate-pane oscillator by MisinkoMaster that rebuilds RSI by weighting each bar's gain and loss with Aroon up and down values over the lookback, then scaling to a 0 to 100 line. Trend turns long when the value crosses above a long threshold and short below
An indicator that looks for W and M reversal patterns in price, OBV and Williams %R, with optional MFI, RSI and directional movement, all sharing one maximum width and offset setting. A Fibonacci retracement zone over a 200-bar lookback can be added as a condi
A dashboard indicator in a separate pane that reads many measurements for the chart symbol across several timeframes. Columns cover prices, volume, delta and VWAP, oscillators such as RSI, stochastic, CCI and MFI, a quad rotation stochastic status, trend measu
This strategy overlays price and combines SuperTrend, ADX, OBV, MACD, directional movement, EMA, and a volatility filter to decide long and short entries. Each filter can be switched on or off, and trading starts only after a chosen date. It can close when ena
This Pine Script strategy detects momentum breakouts on price charts by combining trend momentum signals with a volume filter. It enters trades when price breaks above resistance with volume 1.5 times average, reducing false signals. No specific stop loss or t
This indicator combines multiple script features into a single overlay on the main price chart. It calculates a modified MACD line and signal oscillator with configurable modes including traditional, histogram-based, leader, and source-based variations. The os
A Pine v4 oscillator in a separate pane. It computes RSI from Wilder-smoothed gains and losses, then averages it with a simple moving average set by a smoothness input. The line turns green when rising for two bars and red otherwise, with reference lines at 30
The Relative Sharpe Ratio indicator calculates risk-adjusted return measures over a user-defined lookback window and plots them in a separate pane. It calculates single-period simple returns, sums them over the period, and divides the sum by the return varianc
A Pine v4 strategy that pairs a 12/26 MACD and 14-period RSI with rolling highs and lows over a short and a long lookback. Inputs set both lookbacks, take-profit and stop-loss percentages for longs and shorts, and a maximum number of adds. It tracks counts of
This strategy plots MACD line, signal line, Bollinger Bands, and RSI on the price chart. It signals long entries on MACD crossover above signal with RSI below 50 and price below BB basis, plus optional DMI filter. Short entries are available but disabled by de
Market Speedometer plots a 0-100 market speed reading in a separate pane. It measures movement by bar-to-bar change, true range, or a short average of recent bars, then ranks that movement against ATR and a percentile lookback. An EMA smooths the reading, and
This indicator plots an adaptive MACD in a separate pane. It builds the MACD from price changes using fast and slow smoothing factors, then scales the recursion with an R-squared term from the correlation of close and bar index over the R2 period. An EMA of th
This indicator calculates the Bill Williams Market Facilitation Index as the high-low range divided by volume, or zero when volume is zero. It compares the index and volume with the previous bar and assigns one of four zones: green for both rising, fade for bo
This indicator calculates the Ehlers Trendflex oscillator and plots it in a separate pane. It applies a two-pole SuperSmoother low-pass filter to the chosen source, sums the cumulative slope over the lookback with a running buffer, and divides that slope by an
This strategy enters long or short on Donchian channel breakouts and can add units when price moves in the trade direction and RSI confirms momentum. It sizes each unit from a risk percent of equity and exits with an ATR initial stop, a chandelier trail that t
Diverlong F002 is a price-chart strategy that enters on Squeeze Momentum divergences and exits on Curie closing moving-average lines. A short is taken when a light-green to dark-green squeeze section is smaller while price is higher; a long is taken on the opp
This indicator calculates three Relative Strength Index (RSI) oscillators with distinct length settings, defaulting to 14, 28, and 56 periods. It renders the three RSI curves stacked vertically in a separate pane using numerical offsets to prevent line overlap
MACD Breakout builds a higher-timeframe MACD from preset fast and slow lengths using SMA or EMA, and marks support and resistance zones from histogram sensitivity. Optional filters require zero-line agreement, higher-timeframe direction, and linear-regression
The Simpleton STEPFUN Strategy combines signals from multiple technical indicators including RSI-2, MACD crossover, Bollinger Band squeeze, volume spikes, triple EMA, and Ichimoku cloud. It generates buy signals when the weighted ensemble meets or exceeds the
This indicator plots a customized Moving Average Convergence Divergence oscillator combined with an Average True Range line in a separate pane. It calculates fast and slow exponential moving averages alongside a simple moving average signal line, highlighting
This indicator detects buy and sell signals on the price chart by combining engulfing candlestick patterns, body-to-range stability ratios, RSI boundaries, and price momentum over ten bars. Confirmed signals trigger visual buy and sell labels directly on candl
This indicator calculates a multi-period momentum oscillator plotted alongside an Average True Range baseline. It measures momentum across five configurable lookback lengths, weighting each value proportionally by its length so longer horizons exert greater in
EzAlgo is a multi-purpose trading overlay that combines several technical analysis tools into one system. It calculates Ichimoku Cloud components, dynamic support and resistance zones, reversal bands, trend ribbons, and custom buy or sell signals adjusted by s
This strategy calculates a customizable MACD oscillator and histogram using either simple or exponential moving averages. It identifies pivot highs and pivot lows on the MACD histogram to detect momentum divergences against price action. Historical pivot point
A trend continuation strategy that filters setups with ADX, rate of change, smoothed balance of power, an ATR expansion band, EMA 20 and 50 alignment and DI alignment. Entries can use pullback and reclaim, breakout or liquidity sweep triggers, with limits on e
This indicator processes signals across multiple cryptocurrency symbols including BTCUSDT, ETHUSDT, SOLUSDT, and additional Binance pairs. It evaluates trend, momentum, volatility, and volume methods to generate trading signals. Four signal modes are available
An indicator that searches for W and M reversal shapes in price and optionally in OBV, Williams %R, MFI, RSI and directional movement, using one shared maximum width and offset. It can also test whether price sits within a Fibonacci retracement zone of the rec
Trade Worthy is a large multi-tool overlay indicator written in Pine v5. It shows a configurable dashboard of indicator readings, volume information and stats, with Pi moving averages on by default. Many other layers are off by default and can be switched on,
This overlay strategy combines SuperTrend, ADX, OBV, MACD, directional movement, EMA, and a volatility filter to open long or short trades sized as a percent of equity. Each filter and each side can be switched off. Users set EMA lengths, DI length, volatility
Momentum Breakout is an overlay strategy that identifies trading opportunities using Bollinger Bands breakout logic. It enters trades when price breaks out of the volatility bands without applying additional volume filtering. Risk management is handled through
This indicator combines multiple technical tools into a single price chart overlay, designed to optimize space and indicator limits. It features an overlay MACD visualizer with selectable calculation methods (Traditional, AS Histogram, Leader, or Source), cust
This indicator calculates a triple-smoothed Relative Strength Index oscillator and displays it in a separate pane. It evaluates momentum by applying the RSI calculation iteratively across three stages using a user-defined period. The script plots the resulting
A long-biased Pine v4 strategy using a 12/26 MACD with a nine-period signal. It goes long on a green candle after three rising MACD bars below zero with MACD above signal, and short on the falling mirror. A percentage take-profit above the average entry closes
This indicator calculates the MACD oscillator from a configurable source with fast and slow lengths, then plots the histogram, MACD line, and signal line in a separate pane. It detects regular bullish divergences (price lower lows with oscillator higher lows),
Polarized Fractal Efficiency plots a custom efficiency oscillator in a separate pane. It compares net price movement over a lag with the path of successive moves, signs the result by recent direction, and smooths it with an exponential moving average. Readings
This indicator calculates a 14-period relative strength index and detects when that oscillator crosses above 50. It defines an alert condition whose message includes the current RSI value through a plot placeholder. The RSI series is plotted with display set t
This indicator calculates an advanced Fisher Transform oscillator in a separate pane, using customizable smoothing algorithms, a signal line, and defined overbought and oversold thresholds. It incorporates a slower trend context line, detects market stall or a
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