The Derivative Oscillator calculates a double-exponentially smoothed Relative Strength Index (RSI) and subtracts its Simple Moving Average (SMA) to form the main oscillator line. A secondary signal line is plotted using an SMA of the main oscillator values. Th
Indicator · Pine Script v5 · Own pane
RSI Cyclic Smoothed v2
This indicator plots a cyclic smoothed RSI in a separate pane, with a dominant cycle length, a maximum cycle and a divider as inputs, plus vibration and leveling values.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code436
Settings27inputs
LicenceNone stated
Last update6 months ago15 Apr 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
Two signal lines use selectable moving average types with automatic or manual lengths, and colours show positive and negative delta with a faded shade for waning momentum. Fill colours, transparency and a vertical shift can be adjusted. It shows momentum only and has no trade rules.
- Cyclic smoothed RSI
- Two selectable signal moving averages
- Auto or manual signal lengths
- Colour fading for waning momentum
- Adjustable fills and plot shift
Details
Published by
mikeyhu70 on GitHub
Code credit
CC BY, whentotrade / Lars von Thienen, as written in the script's header
Type
Draws
Separate pane below the chart
Category
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 |
|---|---|---|---|
| Source | source | hlcc4 | src |
| Dominant Cycle Length | int | 34 | _domcycle |
| Shift Up/Down Plot | int | 50 | shiftpt |
| Max Dominant Cycle Length (0 for infinite) | int | 120 | domcyclemax |
| Max Dominant Divider | int | 2 | domcyclediv |
| vibration (length=18*0.60) | float | 11 | vibration |
| leveling (length=18*0.40) | float | 6 | leveling |
| Auto Signal Length #1? | string | Auto | mode_signal |
| MA Type #1 | string | DEMA | maTypeInput |
| MA Signal Length #1 (manual) | int | 5 | _maLengthInput |
| Auto Signal Length #2 ? | string | Auto | mode_signal2 |
| MA Type #2 | string | ZLEMA | maTypeInput2 |
Show all 27 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| MA Signal Length #2 (manual) | int | 5 | _maLengthInput2 |
| Positive Delta | color | color.green | bullcolor |
| Negative Delta | color | color.fuchsia | bearcolor |
| Transparency #1 | int | 0 | transp1 |
| Transparency #2 (waning momentum) | int | 60 | transp2 |
| MA for diff | string | DEMA | maInput |
| MA Period | int | 3 | periodma |
| Bullish Fill Color (Signal #1) | color | color.rgb(118, 167, 120) | bullFillcolor |
| Bearish Fill Color (Signal #1) | color | color.rgb(227, 122, 245) | bearFillcolor |
| Bullish Color (Signal #2) | color | color.rgb(117, 145, 237) | bullFillcolor2 |
| Bearish Color (Signal #2) | color | color.rgb(241, 127, 149) | bearFillcolor2 |
| MA Reference Transparency | int | 100 | transp |
| Fill Transparency | int | 50 | filltransp |
| Auto Multiplier? | string | Auto | mode_multiplier |
| Bars in TF Period (Auto Multiplier Manual) | int | 1 | Multiplier |
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.
Similar Pine Scripts
This indicator calculates a modified MACD oscillator and signal line alongside a trend EMA filter, plotting the output as a stylized column histogram in a separate pane. Instead of plotting true MACD distance, it quantifies positive and negative histogram mome
This indicator calculates and plots the standard Moving Average Convergence Divergence oscillator in a separate pane. It computes the difference between a fast and slow moving average, derives a signal line through smoothing, and plots a histogram representing
Multi-Timeframe Analysis Suite calculates trend direction and momentum conditions across five user-selected timeframes using moving averages, RSI, and Stochastic oscillators. It evaluates moving average slope and oscillator levels to compute trend alignment, m
MACD-V is a volatility-normalized momentum indicator based on research by Alex Spiroglou. It calculates the standard MACD histogram and normalizes it by dividing by the Average True Range (ATR). Plotted in a separate pane as a colored histogram, it includes us
KamaFama is an indicator that translates a Freqtrade trading strategy into Pine Script for visualization. It combines Kaufman Adaptive Moving Average (KAMA), MAMA/FAMA calculations derived via Hilbert Transform, Williams %R, and correlation trend filters to ev
Related on ForexR
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers