1Copy the scriptPress Copy script above, or the copy button on the code below.
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
13 lines of Pine Script v6 from pinescript/momentum/stelarax-momentum.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
stelaraX - Momentum calculates the difference between the current source value and the value that many bars earlier, then draws the result as a histogram. Positive values appear green and negative values appear red, with a gray zero line for reference. The period and source inputs change the calculation. A color input is declared but the histogram colors stay fixed by sign.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Periode
int
10
len
Quelle
source
close
src
Farbe
color
#2196f3
col
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