This indicator plots a customized RSI line on the price chart along with buy and sell signals triggered by bullish and bearish engulfing candle patterns. It calculates RSI using a user-adjustable length and custom overbought and oversold thresholds. Signals oc
Indicator · Pine Script v5 · On the chart
Advanced Multi-Indicator Strategy
Despite the name, an indicator that combines many studies on the price chart: RSI overbought and oversold signals, MACD, Bollinger Bands, ATR, Stochastic, ADX trend strength, VWAP with bands, pivot-based support and resistance levels, simple candlestick patterns including doji, and a higher-timeframe bias.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code1,179
Settings40inputs
LicenceNone stated
Last updateyesterday28 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
Each group has its own length and threshold inputs and most can be toggled on or off. It also mentions optional external seed data. It does not place trades.
- RSI, MACD, Stochastic and ADX readings
- Bollinger Bands and VWAP with bands
- Pivot support and resistance levels
- Candlestick pattern labels
- Higher-timeframe bias
Details
Published by
majixai on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Oscillators & momentum, Volatility & bands, Support & resistance, Candlestick patterns
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| RSI Length | int | 14 | rsiLen |
| RSI Overbought | float | 70 | rsiOB |
| RSI Oversold | float | 30 | rsiOS |
| Show RSI Signals | bool | true | showRsiSig |
| Fast Length | int | 12 | macdFast |
| Slow Length | int | 26 | macdSlow |
| Signal Length | int | 9 | macdSig |
| BB Length | int | 20 | bbLen |
| BB Std Dev | float | 2.0 | bbMult |
| Show BB | bool | true | showBB |
| ATR Length | int | 14 | atrLen |
| ATR Multiplier | float | 1.5 | atrMult |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Stoch %K | int | 14 | stochK |
| Stoch %D | int | 3 | stochD |
| Stoch Smooth | int | 3 | stochSmooth |
| Stoch Overbought | float | 80 | stochOB |
| Stoch Oversold | float | 20 | stochOS |
| ADX Length | int | 14 | adxLen |
| ADX Threshold | float | 25 | adxThresh |
| Show VWAP | bool | true | showVWAP |
| Show VWAP Bands | bool | true | vwapBands |
| VWAP Band Mult | float | 1.0 | vwapBandMult |
| Pivot Lookback | int | 50 | srLookback |
| Left Bars | int | 10 | srLeft |
| Right Bars | int | 10 | srRight |
| Show S/R Levels | bool | true | showSR |
| Show Patterns | bool | true | showCandle |
| Doji Body % | float | 0.1 | dojiThresh |
| Higher TF | timeframe | D | htfTf |
| Show HTF Bias | bool | true | showMTF |
| Min Score for Alert | int | 3 | minScore |
| Show Score Label | bool | true | showScore |
| Show Dashboard | bool | true | showTable |
| Seed Data URL | string | | seedUrl |
| Use Seed Data | bool | false | useSeedData |
| OU Window | int | 30 | ouLen |
| OU κ Threshold | float | 0.4 | ouThresh |
| Show OU Zone | bool | true | showOU |
| Vector Field Window | int | 20 | vecLen |
| Show Divergence/Curl Zones | bool | true | showVec |
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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