Oscillator Workbench — Chart plots a configurable blend of two built-in oscillators and an optional external oscillator on the price chart. It draws a weighted oscillator line and a reference moving average, coloring both by successive up or down states. Users
Indicator · Pine Script v6 · Own pane
RSI + MFI Hybrid + TMA + Divergencias
This indicator combines the Relative Strength Index (RSI) and Money Flow Index (MFI) into a single hybrid oscillator in a separate pane.
GitHub stars7on the repository
Pine versionv6current
Lines of code111
Settings14inputs
LicenceNone stated
Last update5 months ago30 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
Users can adjust the relative weighting of price momentum and volume flow to create a custom hybrid value bounded between 0 and 100. It plots a smoothed moving average of the hybrid line along with standard overbought and oversold reference levels. The script also includes automated detection for regular and hidden bullish and bearish divergences based on configurable pivot lookbacks.
- Weighted blend of RSI and MFI
- Smoothed moving average signal line
- Automatic divergence detection
- Customizable pivot lookback range
Details
Published by
s4mn0v on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Oscillators & momentum, Volume, Divergence, Moving averages
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
pinescriptpinescript-indicatorspinescript-strategiesbollinger-bandsemasmacd-indicatorrsi-strategytradingviewobv-indicator
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| RSI Weight (0.0 - 1.0) | float | 0.5 | rsiWeight |
| RSI Length | int | 14 | rsiLengthInput |
| RSI Source | source | close | rsiSourceInput |
| MFI Length | int | 14 | mfiLengthInput |
| Show TMA (Smoothed MA) | bool | true | showSmma |
| TMA Length | int | 50 | smmaLen |
| Plot Bullish | bool | true | plotBull |
| Plot Hidden Bullish | bool | true | plotHiddenBull |
| Plot Bearish | bool | true | plotBear |
| Plot Hidden Bearish | bool | true | plotHiddenBear |
| Pivot Lookback Right | int | 5 | lbR |
| Pivot Lookback Left | int | 5 | lbL |
Show all 14 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Max of Lookback Range | int | 60 | rangeUpper |
| Min of Lookback Range | int | 5 | rangeLower |
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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