This indicator plots three exponential moving averages (8, 21 and 55 by default) on the price chart and marks a green triangle when at least three of five conditions agree.
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 conditions are EMAs stacked upward, RSI between 40 and 70, MACD above its signal line, stochastic above 20 and CCI between minus 100 and 100. Only long-side markers are produced, and no exit or stop rules exist. The file is a template with a symbol placeholder in its title.
Fast, mid and slow EMA lines
Five-factor vote using EMA, RSI, MACD, stochastic and CCI
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
EMA Fast
int
8
ema_fast
EMA Mid
int
21
ema_mid
EMA Slow
int
55
ema_slow
RSI Length
int
14
rsi_len
ATR Length
int
14
atr_len
ATR Baseline Length
int
100
atr_baseline_len
Volume SMA Length
int
20
volume_sma_len
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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