The Adaptive RSI Moving Average (ARSIMA) is an overlay indicator that dynamically adjusts its smoothing factor based on the Relative Strength Index (RSI). When the RSI moves toward extreme overbought or oversold conditions, the smoothing factor increases to ma
Indicator · Pine Script v5 · On the chart
Ver16-19 5M Entry Signal
This indicator detects trend-following pullback entries using the Rank Correlation Index (RCI) and a triple Exponential Moving Average (EMA) ribbon.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code81
Settings5inputs
LicenceNone stated
Last update2 weeks ago13 Oct 2026
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
Ver16-19 5M Entry Signal identifies bullish setups when price maintains an upward EMA alignment while RCI reverses from oversold levels. Conversely, bearish signals trigger during a downward EMA alignment when RCI turns downward from overbought territory. It plots the three EMAs and entry arrow shapes directly on the price chart, along with configured alerts for both directions. Signals on the live bar can shift before the bar closes.
- Rank Correlation Index calculation
- Triple EMA trend alignment filter
- Overbought and oversold reversal signals
- Integrated alert conditions
Details
Published by
Pesci1134 on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Oscillators & momentum, Moving averages, Trend
Markets
Forex
Timeframes
M1-M5
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.
Repository
Topics
github-configalgorithmic-tradingbacktestingdivergenceforexgbpjpymacdpinescriptpythontrading
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| RCI期間 | int | 9 | rci_length |
| RCI閾値 | int | 70 | rci_threshold |
| EMA短期 | int | 20 | ema_short |
| EMA中期 | int | 30 | ema_mid |
| EMA長期 | int | 40 | ema_long |
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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