This indicator calculates momentum setups based on the Relative Strength Index (RSI) and plots in a separate pane. It offers multiple scanning modes such as Continuous Break, Continuous Retracement, Flip Break, Flip Retracement, and both regular and hidden div
Indicator · Pine Script v4 · Own pane
Return on Investment (ROI)
Calculates the percentage return on investment measured from a user-defined start date or the chart's historical beginning.
GitHub stars948on the repository
Pine versionv4older, still runs
Lines of code59
Settings6inputs
LicenceGPL-3.0
Last update10 days ago18 Oct 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 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
59 lines of Pine Script v4 from statistics/roi_return_on_investment.pine, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.
//@version=4
// Copyright (c) 2020-present, Alex Orekhov (everget)
// Return on Investment (ROI) script may be freely distributed under the terms of GPL-3.0 license.
study("Return on Investment (ROI)", shorttitle="ROI", precision=2)
// mode = input(title="Display Mode", defval="Regular", options=["Regular", "Annualized"])
useDate = input(title="Use Specific Start Date ?", defval=true)
yearStart = input(title="Start Year", defval=2019)
monthStart = input(title="Start Month", minval=1, maxval=12, defval=1)
dayStart = input(title="Start Day", minval=1, maxval=31, defval=1)
tp = input(title="Profit Level, %", type=input.integer, defval=0, minval=0)
sl = input(title="Loss Level, %", type=input.integer, defval=0, maxval=0)
startTime = timestamp(yearStart, monthStart, dayStart, 0, 0)
index = float(na)
index := na(index[1]) ? valuewhen(time(timeframe.period) >= startTime, bar_index, 0) : index[1]
initialCond = useDate ? bar_index == index : bar_index == 0
initialRegular = valuewhen(initialCond, open, 0)
// initialAnnualized = valuewhen(initialCond, close, 0)
roiRegular = 100 * (close - initialRegular) / initialRegular
// bars = bar_index - index
// power = 1 / ((useDate ? (bars != 0 ? bars : 1) : bar_index) / 365)
// roiAnnualized = 100 * (pow(close / initialAnnualized, power) - 1)
roi = roiRegular //mode == "Regular" ? roiRegular : roiAnnualized
roiPlot = plot(roi, title="ROI, %", color=color.black)
transparent = color.new(color.white, 100)
roiColor = roi < 0 ? color.red : #09b71e
labelColor = #f9ce02
levelColor = #674ea7
bgcolor(year != year[1] ? #f57f17 : transparent, title="Year Separator", transp=60)
zeroPlot = plot(0, title="", style=plot.style_circles, linewidth=0, color=labelColor, editable=false)
hline(0, title="Zero Level", linestyle=hline.style_dotted, color=levelColor)
fill(roiPlot, zeroPlot, title="Base Background", color=roiColor, transp=80)
tpPlot = plot(tp, title="Profit", style=plot.style_circles, linewidth=0, color=labelColor, editable=false)
hline(tp, title="Profit Level", linestyle=hline.style_dotted, color=levelColor)
tpFillColor = tp > 0 and roi > tp ? #09b71e : transparent
fill(tpPlot, roiPlot, title="Profit Background", color=tpFillColor, transp=60)
slPlot = plot(sl, title="Loss", style=plot.style_circles, linewidth=0, color=labelColor, editable=false)
hline(sl, title="Loss Level", linestyle=hline.style_dotted, color=levelColor)
slFillColor = sl < 0 and roi < sl ? color.red : transparent
fill(slPlot, roiPlot, title="Loss Background", color=slFillColor, transp=60)
alertcondition(crossover(roi, tp), title="ROI Profit Level Crossover", message="ROI Profit Level Crossover")
alertcondition(crossunder(roi, sl), title="ROI Loss Level Crossunder", message="ROI Loss Level Crossunder")
Overview
The script measures price performance relative to the initial bar's open price and plots the resulting percentage curve in a separate pane. Users can define custom profit and loss percentage target levels, which are displayed as reference lines with shaded background fills when thresholds are breached. Configurable alert conditions trigger when ROI crosses above the profit target or drops below the loss limit.
- Custom start date selection
- Percentage ROI calculation from base price
- Target profit and loss percentage threshold lines
- Visual background fills for return tiers
- Crossover and crossunder alert conditions
Details
Published by
everget on GitHub
Type
Indicator, Pine Script v4
Draws
Separate pane below the chart
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.
Repository
Topics
pinepinescripttechnical-indicatorsindicatorsoscillatorbandsaveragetradingviewindicatormoving-average
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Use Specific Start Date ? | bool | true | useDate |
| Start Year | int | 2019 | yearStart |
| Start Month | int | 1 | monthStart |
| Start Day | int | 1 | dayStart |
| Profit Level, % | int | 0 | tp |
| Loss Level, % | int | 0 | sl |
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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