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 v5 · Own pane
RSI Library with Debugging
This indicator calculates a Wilder-style RSI from price changes and can smooth it with a simple moving average.
GitHub stars3on the repository
Pine versionv5runs as is
Lines of code269
Settings9inputs
LicenceNone stated
Last update7 months ago30 Mar 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
RSI Library with Debugging also flags simple bullish and bearish divergence by comparing RSI and price extremes over a lookback window, and it wraps those functions with optional memory profiling, benchmarking, and coverage tracking. Settings change RSI length, overbought and oversold levels, smoothing, and debug depth. It is meant for a separate pane. The excerpt ends before signal logic and plots are finished.
- Basic and smoothed RSI calculations
- Simple bullish and bearish divergence checks
- Configurable overbought and oversold levels
- Memory profiling and performance benchmarks
- Coverage tracking with debug levels
Details
Published by
monch1962 on GitHub
Type
Indicator, Pine Script v5
Draws
Separate pane below the chart
Category
Oscillators & momentum, Divergence
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.
Topics
ai-agentclaude-codeelixirgolangllmopencodepinescriptpython3clojure
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Enable Library Debugging | bool | true | Enable Library Debugging |
| Debug Level | int | 2 | Debug Level |
| Profile Memory | bool | true | Profile Memory |
| Track Coverage | bool | true | Track Coverage |
| Benchmark Performance | bool | true | Benchmark Performance |
| Default RSI Length | int | 14 | Default RSI Length |
| Overbought Level | int | 70 | Overbought Level |
| Oversold Level | int | 30 | Oversold Level |
| Enable Smoothing | bool | true | Enable Smoothing |
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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