This indicator generates intraday trading signals by combining dual-sigma standard deviation bands, Heikin Ashi candle vectors, and a four-bar confluence score.
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
4x4 Futures Ghost Matrix triggers long and short signals during defined trading sessions using either mean-reversion boundary crosses or aggressive trend-continuation rules. Signals require directional Heikin Ashi confirmation and a minimum matrix score. The indicator plots inner and outer volatility bands directly on the price chart alongside entry labels, with optional filters for consecutive signals and midday session slumps.
Dual-multiplier standard deviation volatility bands
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Trading Window
session
0930-1600
sessionTime
Lookback Period
int
20
stdPeriod
Inner Sigma
float
1.0
innerMult
Outer Sigma
float
2.5
outerMult
Matrix Strength
int
2
matrixReq
Signal Mode
string
Aggressive
sensitivity
Filter Consecutive Signals (First Only)
bool
true
filterRepeat
Filter Noon Slump (12:00-13:30)
bool
false
hideNoon
Show Matrix Table
bool
true
showTable
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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