A momentum scalping strategy designed for 5-minute charts that combines the Relative Strength Index (RSI) with fast and slow Simple Moving Averages (SMA). It triggers long entries when the 14-period RSI exceeds 70 while the 5-period SMA is above the 20-period
Pine Library · 3,035 open-source scripts
Free Oscillator and Momentum Pine Scripts (page 62)
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
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Oscillators & momentum: Indicators, Strategies and Libraries
This indicator calculates relative volume metrics and combines them with On Balance Volume (OBV) momentum and price-OBV correlation in a separate pane. It evaluates volume strength against simple moving averages and standard deviation thresholds, while offerin
This strategy plots the RSI of Bitfinex Bitcoin long and short interest in a separate pane and colors a zero line from changes in those series versus short exponential moving averages. It opens a long when the long-interest RSI crosses above the short-interest
ScarAlgo v1 is a trend-following and market-structure strategy plotted directly on the main price chart. It triggers entries using an ATR-based trailing envelope filtered by a configurable multi-timeframe moving average, while employing a WaveTrend momentum os
This indicator calculates the Relative Strength Index from a chosen price source using Wilder's smoothing of average gains and losses. It plots a single RSI line in a separate pane. The length sets the lookback period and the source selects the series used in
Oscillator Scatterplot Analysis [Trendoscope] plots a scatterplot visualization of technical indicators in a separate pane. Users can choose from various oscillator sources including RSI, CCI, CMO, COG, MFI, ROC, or price, and apply overbought and oversold thr
This indicator plots Relative Strength Xtra in a separate pane. It splits the source into positive and negative bar-to-bar changes, then smooths each side with an integrated Jurik-style moving average before combining them into an RSX momentum reading. Length
This indicator plots the Relative Vigor Index and a four-bar symmetrically weighted signal line in a separate pane. It compares the close-open range with the high-low range using fixed four-bar SWMA weights, then divides a simple moving average of the numerato
This session-based strategy triggers long entries at the start of the New York trading session when trend and momentum conditions align. It calculates a 38-period Exponential Moving Average and a 14-period RSI. A long position is taken at session open if the c
This strategy searches for long buy-and-hold entries on the price chart. It calculates a user-length EMA and a fixed 12/26 MACD, then opens a long position when price is within the maximum EMA distance, that distance is not shrinking, MACD is at or below zero,
This strategy calculates smoothed Heikin-Ashi candles alongside a moving average of the Relative Strength Index to enter trend reversals. It triggers long entries when smoothed Heikin-Ashi turns bullish while RSI trades above its moving average, and short entr
Session Wicks is a price-chart strategy that combines a Heikin Ashi weighted moving average, an RSI compared with its moving average, and a smoothed stochastic. Bullish and bearish states come from the Heikin Ashi average falling or rising and from RSI sitting
This indicator implements John Ehlers' Swiss Army Knife as a second-order recursive filter and plots the result in a separate pane. A mode string selects EMA, SMA, Gaussian, Butterworth, smoother, high-pass, two-pole high-pass, band-pass, or band-stop coeffici
This overlay indicator combines classic Bollinger Band and Keltner Channel squeeze detection with linear regression momentum and pivot-based support and resistance levels. It plots a long-term moving average filter and tracks squeeze compression and release co
This strategy uses RSI with bull and bear threshold crossovers to trade opposite market pairs. It enters long when RSI crosses above 58 and short when below 42, automatically closing the opposite position first. Entry size is 8 percent of equity with 0.05 perc
This indicator calculates John Ehlers' Smoothed Adaptive Momentum oscillator in a separate pane. It identifies the dominant cycle period using a Hilbert Transform and Homodyne Discriminator, then measures price momentum across that dynamic cycle length. A two-
This indicator calculates a Slow Stochastic Oscillator plotted in a separate pane. It calculates a smoothed %K value using a 3-period stochastic raw calculation averaged over a configurable K Period simple moving average. The %D line is calculated by applying
The R:R Trading System Framework is a TradingView Pine Script indicator that overlays on the price chart. It lets users select a backtest method such as Stochastic or 2x MA Cross. Multiple risk-reward levels can then be configured with adjustable stop loss per
Stochastic Divergences calculates standard Stochastic Oscillator lines (%K and %D) and scans for regular and hidden divergences against price action. It evaluates pivot highs and lows over a user-defined pivot lookback period to compare oscillator peaks and tr
Buy The Dips - MA200 Optimised is a mean-reversion strategy that measures short-term percentage price changes alongside a simple moving average trend filter. It opens long positions when price experiences a steep drop exceeding three percent while remaining ab
This indicator calculates the Schaff Trend Cycle and plots it in a separate pane. It subtracts a slow EMA from a fast EMA, applies a stochastic over the cycle length, smooths that result, and applies a second stochastic. A second-stage smoother then feeds opti
Supersaiyan Strategy is an overlay indicator that plots three exponential moving averages alongside the volume-weighted average price (VWAP). It computes a standard Moving Average Convergence Divergence (MACD) oscillator and prepares trend metrics based on EMA
The Pine Script strategy calculates fast and slow EMAs along with RSI and ATR on the price chart. It enters long positions when the configuration string matches trend confirmation, fast EMA crosses above slow EMA, and RSI exceeds a threshold. It exits on fast-
This trend-following strategy identifies buying opportunities during bullish pullbacks on the price chart. It defines a bull market when the 50-period simple moving average trades above the 200-period moving average. Long entries trigger when the RSI drops bel
This indicator calculates the second finite difference of a chosen source series, treating that value as price acceleration. It subtracts twice the previous bar from the current bar and adds the value two bars earlier, then plots the result as a yellow line in
This strategy calculates trend direction using a multi-timeframe Supertrend formula based on ATR and median price, paired with RSI and Bollinger Band indicators. It enters positions when the Supertrend flips direction, plotting uptrend and downtrend bands with
This overlay indicator plots a six-axis RSI radar on the price chart. It requests 14-period RSI for six user-chosen timeframes and places each reading on a polygon centered on the visible price range. Overbought and oversold marks sit at 70 and 30. Settings ch
This strategy enters long when the fast EMA crosses above the slow EMA and RSI exceeds the entry threshold. It closes when the fast EMA crosses under the slow EMA, RSI falls below the exit threshold, or the open position reaches the maximum hold bars. A stop s
This strategy demonstrates position sizing with leverage and margin in Pine Script using a Stochastic Oscillator indicator. It plots the %K and %D lines in a separate pane with upper and lower threshold levels. Long entries trigger when %K crosses above %D bel
This indicator plots Squeeze Momentum in a separate pane. It compares Bollinger Bands with a Keltner Channel to mark a squeeze when the bands sit inside the channel. Momentum is a linear regression of price relative to a Donchian midline and an SMA, shown as a
Bankai + DTEK is an overlay indicator that combines Qualitative Quantitative Estimation (QQE) logic, trend coloring based on SuperTrend and CCI ATR, up to four customizable EMA clouds, and simplified TD Sequential signals. It plots multiple moving average clou
This strategy plots in a separate pane and tests a selected oscillator with one of six entry logics: moving average, moving-average crossover, zero cross, extremes, mean reversion, or take profit. Users scale and time-adjust one of three oscillators and can li
The PineForge — Meridian DMI Regime strategy evaluates trend direction and momentum using the Directional Movement Index, Average Directional Index, and an Exponential Moving Average. It enters long trades when +DI crosses above -DI, provided ADX exceeds the d
This strategy evaluates multiple MACD entry techniques on the price chart. It calculates standard or SMA-based MACD line, signal line, and histogram values, offering selectable trigger models including continuation crosses, reversal crosses, histogram zero cro
Bankai DXY is a multi-component trend and signal overlay script that combines EMA clouds, moving average slope filters, Aroon filters, QQE signals, Supertrend, CCI-ATR trend rules, and simplified TD Sequential counts. It overlays dynamic EMA clouds on the main
The CDC Action Zone V.3 Test strategy calculates fast and slow exponential moving averages to generate trend-following buy and sell signals. It plots EMA lines, custom bar colors, buy and sell labels, and a visual ribbon directly on the main price chart. The s
Bankai ES Trend combines multiple trend and momentum tools into an overlay indicator on the price chart. It calculates moving average slope filters, Aroon trend conditions, QQE momentum signals, Supertrend levels, and multi-period EMA clouds. It plots trend ba
Crypto Price Scalper is a long-only trading strategy designed for cryptocurrency charts. It combines a custom price-range oscillator, calculated from the highest high and lowest low over a user-defined candle period, with the Vortex Indicator. A long trade ope
The PineForge Prism Matrix Vote strategy plots two EMAs on the price chart and calculates a vote score from four factors: EMA crossover, price above fast EMA, RSI above 52, and ATR relative to close. It enters long positions when the vote score crosses above a
The Stochastic Fast (STOCHF) indicator calculates the fast stochastic oscillator, consisting of the raw fast %K line and the smoothed fast %D signal line. %K measures the relative position of the current close within the high-low range calculated over the spec
Buy Low Sell High Composite is a pane oscillator that normalizes RSI, a short-versus-long EMA difference, the MACD histogram, and the Money Flow Index onto a shared scale, then sums them into one composite. It plots that composite as a colored area, the MACD s
This indicator plots a Stochastic MACD in a separate pane. It measures the rolling high and low over a lookback, applies fast and slow exponential moving averages to the close, and normalizes each average against that range. The difference, scaled by 100, is t
This strategy executes long trades on cryptocurrency charts using initial entry signals derived from MACD, Stochastic RSI, or ATR channel logic. When an active position drops below a designated percentage threshold, the strategy automatically adds to the trade
This strategy overlays a Cipher B style WaveTrend study on the price chart and is titled for Ethereum buy alerts aimed at 3Commas. It calculates a WaveTrend channel and a short moving average, and can mark buy, sell, gold, and divergence dots. Settings change
This indicator calculates the Stochastic Momentum Index in a separate pane. It finds the highest high and lowest low over a lookback, measures the source relative to the range midpoint, and double-smooths that result into a %K line and a further-smoothed %D si
The Commodity Channel Index Custom indicator plots a customizable oscillator in a separate pane on the price chart. It calculates the CCI using a selected source such as HLC3 and a moving average method including SMA EMA or others. Main settings allow adjustin
PineForge — Sextant CCI HMA is a trend-following momentum strategy that combines the Commodity Channel Index with a Hull Moving Average filter. The strategy opens long positions when the CCI crosses above a specified entry level, provided the HMA is rising and
Ezieh Str.v2 is a momentum and volatility strategy combining Bollinger Bands with two distinct RSI periods to identify trading opportunities. It opens long positions when a fast RSI crosses above an oversold threshold while price crosses over the lower Bolling
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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