Indicator · Pine Script v5 · Own pane

RSI

by trsdn

This indicator calculates standard Relative Strength Index values along with a simple moving average filter.

View on GitHub

GitHub stars6on the repository
Pine versionv5runs as is
Lines of code18
Settings4inputs
LicenceMIT
Last update5 days ago23 Oct 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

18 lines of Pine Script v5 from strategies/indicators/rsi.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.

rsi.pine
// Source: TradingView Built-in Indicator (RSI)
// Attribution: Standard RSI implementation matching TradingView's built-in indicator
// Used as input for AI-powered strategy conversion

//@version=5
indicator("RSI", overlay=false)

rsiLength = input.int(14, "RSI Length", minval=1)
smaLength = input.int(200, "SMA Length", minval=1)
overbought = input.int(70, "Overbought Level")
oversold = input.int(30, "Oversold Level")

rsiValue = ta.rsi(close, rsiLength)
smaValue = ta.sma(close, smaLength)

plot(rsiValue, color=color.purple, title="RSI")
hline(overbought, "Overbought", color=color.red, linestyle=hline.style_dotted)
hline(oversold, "Oversold", color=color.green, linestyle=hline.style_dotted)

Overview

RSI plots the momentum line in a separate pane alongside customizable dotted horizontal reference lines for overbought and oversold thresholds. Users can adjust the calculation period, moving average length, and threshold levels through input settings. Designed as a standard input for strategy conversion, it provides momentum level visualization without executing trades.

Details

Published by

trsdn on GitHub

Type

Indicator, Pine Script v5

Draws

Separate pane below the chart

Category

Oscillators & momentum

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-scrumalgorithmic-tradingbacktestingbitcoinbollinger-bandscryptopine-scriptpythonquantitative-financestrategy

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
RSI Lengthint14rsiLength
SMA Lengthint200smaLength
Overbought Levelint70overbought
Oversold Levelint30oversold
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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