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
Sovren COT Smart Index
A separate-pane indicator that reads weekly Commitments of Traders data through a TradingView library and plots net positioning for commercial, non-commercial and non-reportable traders.
Repaints
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code118
Settings5inputs
LicenceNone stated
Last update2 years ago4 Sep 2024
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
Each series is normalised to a 0 to 100 scale over a configurable lookback, 52 weeks by default, with reference lines near 20 and 80. A built-in lookup maps chart symbols such as gold, oil, indices and currency pairs to market codes. Inputs choose futures only or futures and options, and which groups to show. Weekly data is requested with lookahead enabled.
- Commercial, non-commercial and retail positioning
- 0 to 100 normalisation over a lookback
- Futures only or futures and options data
- Symbol to CFTC market code mapping
- Overbought and oversold reference lines
Details
Published by
Eazynesta on GitHub
Type
Indicator, Pine Script v5
Draws
Separate pane below the chart
Category
Oscillators & momentum
Markets
Oil & commodities, Forex, Indices
Timeframes
H4 and above
Risk Notes
- Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time
File
Repository
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Data Source | string | Futures Only | i_dataSource |
| Show Commercials | bool | true | i_showCommercials |
| Show Non-Commercials | bool | true | i_showNonCommercials |
| Show Retail | bool | true | i_showRetail |
| Lookback Period for Normalization | int | 52 | lookbackPeriod |
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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