Adaptive Zero-Lag Reversal Engine: Free TradingView Indicator (Pine Script)

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

The trend flips long when price closes above the upper band and short when it closes below the lower band, marked with buy and sell labels and a shaded channel. Optional features include an ADX sideways filter, RSI exhaustion warnings, a trailing stop line and a flash-move guard in some versions. Alerts are included. The file contains several variants.

Zero-lag EMA with ATR bands
Buy and sell flip labels
ADX sideways filter option
RSI early reversal warnings
Alert conditions

Details

Published by

vedkanani123 on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

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.

File

indicator/grok_4.6/00_pdf_extracts/19_Zero-Lag_Trading_Indicator_Code.txt

Repository

github.com/vedkanani123/shakuni_trap. See its other scripts in the library

Settings

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

Setting	Type	Default	Variable
ATR Volatility Length	`int`	`10`	`atrLength`
ATR Volatility Length	`int`	`10`	`atrLength`
ATR Band Multiplier	`float`	`1.6`	`atrMult`
Show Early Reversal / Take Profit Warnings	`bool`	`true`	`showTP`
Exhaustion RSI Length	`int`	`14`	`rsiLen`
RSI Oversold Threshold (Exit Short)	`int`	`32`	`rsiOversold`
RSI Overbought Threshold (Exit Long)	`int`	`68`	`rsiOverbought`
ATR Volatility Length	`int`	`10`	`atrLength`
ATR Band Multiplier	`float`	`1.6`	`atrMult`
Enable Sideways Filter	`bool`	`true`	`useChopFilter`
ADX Length	`int`	`14`	`adxLength`
Show Early Reversal Warnings	`bool`	`true`	`showTP`

Show all 25 settings

Setting	Type	Default	Variable
Exhaustion RSI Length	`int`	`14`	`rsiLen`
RSI Oversold Threshold	`int`	`32`	`rsiOversold`
RSI Overbought Threshold	`int`	`68`	`rsiOverbought`
ATR Volatility Length	`int`	`10`	`atrLength`
ATR Band Multiplier	`float`	`1.6`	`atrMult`
Enable Dynamic Trailing Stop-Loss	`bool`	`true`	`useTrailingSL`
Enable ADX Sideways Filter	`bool`	`true`	`useChopFilter`
ADX Length	`int`	`14`	`adxLength`
Enable Flash Dump Guard	`bool`	`true`	`useVolShock`
Show Early Reversal Warnings	`bool`	`true`	`showTP`
Exhaustion RSI Length	`int`	`14`	`rsiLen`
RSI Oversold Threshold	`int`	`32`	`rsiOversold`
RSI Overbought Threshold	`int`	`68`	`rsiOverbought`

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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