This strategy draws on the price chart and manages long and short entries around pivot trendlines. It filters signals with three configurable moving averages, Stochastic RSI, a higher-timeframe Stochastic RSI, and optional RSI divergence. A session window can
Pine Library · 3,035 open-source scripts
Free Oscillator and Momentum Pine Scripts (page 61)
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 validation strategy calculates a 14-period Relative Strength Index (RSI) and maintains a persistent 24x7 boolean matrix tracking whether RSI crossed above 60 for specific hour and day combinations. Long positions are entered when at least six cells in the
This strategy combines triple moving average trend filtering with Stochastic RSI levels and optional RSI divergence signals to generate long and short trade entries. It uses Average True Range multipliers to define dynamic take profit and stop loss levels for
A test strategy from a reference corpus that evaluates RSI, a MACD histogram and a Bollinger middle line on 1-hour data requested from a 15-minute chart, with lookahead off. It goes long one unit when hourly RSI is above 55, the hourly histogram is positive an
This strategy calculates the normalized rate of change between On-Balance Volume (OBV) and Price Volume Trend (PVT) indicators. It applies Bollinger Bands to this volume metric along with a Hodrick-Prescott filter array for time series decomposition. Displayed
Premium Dashboard evaluates multiple technical indicators, including moving averages, oscillators, and price action metrics, displaying a consolidated confluence table on the main chart pane. It calculates bullish and bearish alignment across up to ten customi
The Bear & Bull Zone Signal Strategy is a trend-momentum strategy that calculates an RSI based on Heikin-Ashi closes, smoothed with fast and slow double EMAs to identify bullish and bearish zones. It also computes a Stochastic oscillator applied to RSI values.
Calculates cycle periods and spectral density using John Ehlers' roofing filter, autocorrelation, and Fourier smoothing methods. It plots a spectral heatmap and dominant cycle measurements in a separate indicator pane to help traders identify prevailing market
This indicator calculates the percentage change of a chosen price source over a specified historical lookback period. It measures momentum by comparing current price values directly against historical values using direct history referencing. The output is plot
This indicator plots a Percentage Price Oscillator in a separate pane. It computes fast and slow compensated exponential moving averages of the chosen source, then expresses their difference as a percentage of the slow average. An EMA of that line forms the si
The PFE indicator calculates Polarized Fractal Efficiency using fractal geometry. It compares the straight-line price distance over the period to the total fractal path length of bar-to-bar movements, producing a signed efficiency ratio smoothed by EMA. The re
Binomial Strategy calculates a binomial cumulative distribution of recent up bars from a longer-run up probability and smooths it with two exponential moving averages. It plots the distribution and both averages in a separate pane and colors bars according to
This long-only strategy combines a five-bar RSI with Bollinger percent B and bandwidth on the current close and the close three bars earlier. It opens a long when a local low around that earlier bar falls inside a bar-count window and current percent B stays i
A test strategy from a reference corpus that exercises typed boolean matrices. It keeps a 24 by 7 grid of hour and weekday cells, marks a cell when RSI is above 60, and transposes the grid twice to check the matrix functions. It goes long when at least six cel
The Bollinger %B Candles Strategy evaluates price volatility and momentum by calculating Bollinger Bands %B oscillator values in a separate pane. It incorporates customizable moving average filters, ATR multipliers, and optional higher-timeframe yearly high or
Indicators Overlay plots up to ten technical indicators directly on the main price chart using line drawings, avoiding the need for separate sub-panes. It calculates common technical metrics such as RSI, CCI, OBV, Stochastic, MFI, ATR, CMO, CMF, Stochastic RSI
This strategy enters long positions during a specified trading session when multiple technical indicators align. It executes a buy order when the low drops below the lower Bollinger Band while RSI and ADX exceed configurable threshold values, price closes abov
This indicator calculates J. Welles Wilder's Plus Directional Indicator (+DI) to measure upward price momentum. It computes Positive Directional Movement (+DM) and True Range (TR), smoothing them using a compensated Running Moving Average (RMA) technique for a
Bollinger Band Breakout is a positional strategy combining Bollinger Bands with the Relative Strength Index (RSI). It opens long positions when price crosses above the upper Bollinger Band while 14-period RSI is between 60 and 70. Short entries trigger when pr
This overlay indicator combines price-action swing structure with a MACD comparison and a dual moving-average filter. It finds pivot highs and lows, labels higher highs, lower highs, higher lows and lower lows, and builds a trend bias from those swings. It rep
The Langlands-Operadic Möbius Vortex (LOMV) is a multi-layered indicator that combines mathematical concepts such as Möbius L-functions, Galois field metrics, operadic compositions, and Order Flow Polarity (OFPI). It synthesizes these factors into a composite
This strategy uses two exponential moving averages (fast period 5, slow period 13) to detect trend changes via crossover signals on the price chart. It enters long on fast EMA crossing above slow EMA and short on the reverse crossover. The script includes expl
This strategy plots RSI in a separate pane and combines it with Bollinger Bands calculated on the selected source. It opens a long when RSI is below 30 and price is below the lower band, then closes that long when RSI rises above 70. Percentage take-profit and
This overlay strategy combines swing price structure with MACD structure and two higher-timeframe exponential moving averages. It finds pivot highs and lows over ten bars, labels higher highs, lower highs, higher lows and lower lows, and builds matching states
This strategy plots Bollinger Bands on the price chart using the middle band as a simple moving average and standard deviation bands. It signals long entries when the close price crosses below the middle band combined with Aroon up trending above 90 and within
This indicator plots the Pretty Good Oscillator in a separate pane. It subtracts a simple moving average of the selected source from the source and divides the difference by an exponential average of true range. A period input sets both the moving-average leng
This price-chart indicator finds swing highs and lows with a user-set pivot length and classifies them as higher high, lower high, higher low, or lower low. It tracks a trend state and the latest swing signal from those pivots. The same swing comparison is run
This strategy combines Stochastic RSI and a normalized Bollinger Bands calculation into a composite oscillator named MIX, plotted in a separate pane. Long positions are entered when the MIX line crosses above the oversold threshold of 20. The strategy utilizes
This strategy executes trades based on one of two selectable regimes: trend-following or mean reversion. In trend mode, it enters long positions on a bullish EMA crossover and exits on a bearish crossover. In reversion mode, it buys when the RSI dips below an
This indicator plots the Price Momentum Oscillator in a separate pane. It measures one-bar rate of change of the chosen source, then applies two custom exponential smoothings: the first EMA of the percentage ROC is scaled by ten, and a second EMA produces the
Price Relative Strength (RS) compares base asset prices to a compare symbol like SPY to measure relative performance. It calculates raw ratio and smoothed ratio with EMA-like smoothing over a configurable period. Optional normalization scales values to 100 and
This strategy generates trading signals on the price chart using a regime-based RSI indicator. It selects an RSI threshold from an internal map based on the chosen regime or falls back to a configurable value. Long entries occur on RSI crossover above the thre
This strategy computes a rolling mean return over the last sampleCount bars and a price percent rank over rankLength bars. It also calculates RSI and ATR values. Long entries trigger when the price rank crosses above the entry rank threshold while the rolling
This indicator calculates the Psychological Line as the percentage of up-bars over a lookback window. It counts bars where the selected source is higher than the previous bar and divides that count by the period, scaled to 0–100. A circular buffer keeps a runn
The strategy builds a custom ThresholdLadder from RSI levels and counts how many levels the RSI value exceeds. When the required passes are reached it enters long when price crosses above the EMA trend line. It exits the position if the ladder condition breaks
Ehlers Precision Trend Analysis extracts trend direction using a dual high-pass filter bandpass approach. It calculates two 2-pole Butterworth high-pass filters on close prices using configurable long and short periods, subtracting the shorter filter from the
Pro In Out Divergence is a lower-pane oscillator indicator that combines normalized stochastic layers, triple exponential moving averages (TEMA), and DMI/ADX state calculations. It tracks momentum shifts and inflow or outflow states relative to zero lines and
This indicator calculates the Qstick value as a simple or exponential moving average of the difference between a chosen close source and open source. It plots that oscillator in a separate pane as a yellow line, draws a dashed zero line, and shades the backgro
This strategy calculates Bollinger Bands and RSI to trigger dollar-cost averaging buy orders. It enters long positions whenever the closing price dips below the lower Bollinger Band while the RSI is below 50. Order units are calculated dynamically based on a f
This strategy identifies severe close-to-close volatility shocks and triggers an immediate exit from any open long position. It enters long when the rate of change of close crosses above a user-defined momentum threshold and the close sits above the trend EMA.
This strategy attempts to capture temporary market dips by identifying high-volume spikes during oversold conditions. It enters a long position when volume exceeds a upper standard deviation channel based on its simple moving average while the RSI remains belo
This indicator plots Quantitative Qualitative Estimation in a separate pane. It computes Wilder RSI from the chosen source, smooths it with an exponential moving average, and derives a dynamic average range from a double EMA of absolute RSI changes. A trailing
This indicator calculates the fractional Rate of Change (ROCP) between the current price and the price N periods ago. Unlike standard percentage-based momentum oscillators, it expresses the price difference as a decimal fraction. The indicator draws in a separ
The ROC indicator calculates the percentage change in price from the current bar to N bars ago. It draws the resulting values in a separate pane on the chart. The main setting allows selection of a price source such as close and a length parameter that control
This indicator calculates a rate of change ratio: the current source value divided by the source value a set number of bars earlier. It plots that ratio as a yellow line in a separate pane and does not mark entries, exits, or price levels. The source defaults
This multi-filter strategy triggers intraday entries by combining Relative Strength Index (RSI) range conditions with Volume Weighted Moving Average (VWMA) crossovers, Simple Moving Average (SMA) price alignment, and volume oscillator filters. Users can restri
Plots normalized percentage changes for groups of multiple assets in a separate pane to create a comparative spaghetti chart. It tracks relative performance using price, on-balance volume (OBV), or open interest, anchored to customizable periods or timestamps.
BTC Bot is a trading strategy designed for cryptocurrency charts. It calculates Weekly Pivot Points and a smoothed momentum oscillator based on RSI and EMA. Long entries trigger when the oscillator crosses above zero, while short entries trigger when price bre
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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