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 + Stoch RSI Overlay calculates RSI from price data and applies stochastic smoothing to derive %K and %D lines. Users can toggle individual plot visibility, adjust RSI and Stochastic lengths, modify overbought and oversold threshold levels, and customize visual elements such as background gradient fills and reference bands.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
RSI Length
int
14
rsiLengthInput
Source
source
close
rsiSourceInput
Calculate Divergence
bool
false
calculateDivergence
K
int
3
smoothK
D
int
3
smoothD
Stochastic Length
int
14
lengthStoch
Show RSI
bool
true
showRSI
Show Stoch RSI (K/D)
bool
true
showStoch
Show RSI Bands (70/30)
bool
true
showRSIBands
Show Stoch Bands (80/20)
bool
true
showStochBands
RSI Overbought/Oversold Gradient
bool
true
showRSIGradient
Stoch RSI Background Fill (80↔20)
bool
false
showStochFill
Show all 18 settings
Setting
Type
Default
Variable
Type
string
SMA
maTypeInput
Length
int
14
maLengthInput
BB StdDev
float
2.0
bbMultInput
RSI Overbought Level
int
70
rsiOB
RSI Oversold Level
int
30
rsiOS
RSI Mid Level
int
50
rsiMID
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.
Asymmetrical RSI is an indicator that computes a custom relative strength index from the rate of change of a user-selected source. It plots the resulting ARSI line in a separate pane with color coding that turns green above the overbought level and red below t
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
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 plots the Average Directional Index in a separate pane and colors the line teal or maroon according to whether plus DI is above minus DI. A horizontal key level and a silver background mark periods when ADX exceeds that threshold. With labels en
This indicator demonstrates an experimental graph-style scatter visualization within a separate pane using Pine Script arrays. It tracks two features across recent bars: the single-bar price change and a scaled 14-period Relative Strength Index. Values are loa
This script calculates and plots a Stochastic Oscillator (KD indicator) in a separate chart pane. It determines the fast stochastic value over a 9-period lookback, then applies a 3-period Simple Moving Average (SMA) to create the %K line, and a second 3-period