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
Indicator · Pine Script v5 · Own pane
RSI + Stochastic Panel
This indicator plots a 14-period Relative Strength Index alongside two smoothed Stochastic oscillators in a separate pane.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code17
Settings0inputs
LicenceNone stated
Last update1 year ago10 Apr 2025
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 + Stochastic Panel displays momentum across fast and medium periods relative to a dashed 50 midline. Background coloring signals alignment: green indicates bullish momentum when all three curves stay above 50, while red highlights bearish momentum when all fall below 50. The script contains no customizable input settings, so calculation lengths cannot be adjusted from the settings menu.
- 14-period Relative Strength Index
- Dual smoothed Stochastic oscillators
- Dashed 50 midline reference
- Directional background color highlighting
Details
Published by
Axden27 on GitHub
Type
Draws
Separate pane below the chart
Category
Markets
Timeframes
M15-H1
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.
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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