The Adaptive RSI Moving Average (ARSIMA) is an overlay indicator that dynamically adjusts its smoothing factor based on the Relative Strength Index (RSI). When the RSI moves toward extreme overbought or oversold conditions, the smoothing factor increases to ma
Indicator · Pine Script v5 · On the chart
PSAR
This indicator plots the Parabolic SAR (PSAR) on the price chart combined with Relative Strength Index (RSI) momentum filters.
GitHub stars3on the repository
Pine versionv5runs as is
Lines of code72
Settings14inputs
LicenceNone stated
Last update5 months ago27 May 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
PSAR calculates SAR dots and triangle markers to display trend direction. When a PSAR trend reversal occurs alongside confirmation from specified RSI thresholds, the script plots Buy, Strong Buy, Sell, or Strong Sell shapes and labels. Users can customize PSAR parameters, RSI levels, marker styles, and label visibility.
- Parabolic SAR trend markers
- RSI momentum threshold filters
- Buy and Strong Buy signal labels
- Configurable PSAR acceleration parameters
Details
Published by
g-moe on GitHub
Code credit
goodgains, as written in the script's header
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Oscillators & momentum
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Start | float | 0.02 | start |
| Increment | float | 0.02 | increment |
| Maximum | float | 0.2 | maximum |
| Point Width | int | 2 | width |
| Highlight Start Points ? | bool | true | highlightStartPoints |
| Show Buy/Sell Labels ? | bool | true | showLabels |
| Highlight State ? | bool | true | highlightState |
| Bull Color | color | color.green | bull_color |
| Bear Color | color | color.red | bear_color |
| RSI Length | int | 14 | rsi_length |
| RSI Buy Above | int | 50 | rsi_long |
| RSI Strong Buy Above | int | 57 | rsi_stronglong |
Show all 14 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| RSI Sell Below | int | 50 | rsi_short |
| RSI Strong Sell Below | int | 43 | rsi_strongshort |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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