by 
This technical indicator combines SuperTrend signals, moving average trend clouds, pivot points, and daily range breakout targets directly on the price chart. It generates Buy, Strong Buy, Sell, and Strong Sell labels when price crosses the SuperTrend level in
Indicator · Pine Script v6 · On the chart
BTCUSD Long Only
This overlay indicator detects candles that stay entirely below a short exponential moving average and groups them into a sequence.
GitHub stars1on the repository
Pine versionv6current
Lines of code204
Settings2inputs
LicenceNone stated
Last update7 weeks ago9 Sep 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
When price later closes above the sequence high, it waits for a pullback that touches that level and then marks a long entry, requiring at least seven bars between entries. It draws the moving average on the price chart and stores each simulated trade with a one-percent stop and a fixed percentage target. The main inputs change the average length and a declared risk-reward ratio. The visible code does not show strategy orders or an exit engine beyond stored levels.
- Candles entirely below the EMA
- Sequence high confirmation
- Pullback retest long entries
- Fixed percent stop and target storage
- EMA length and risk-reward inputs
Details
Published by
Pr-ashant-pawar on GitHub
Type
Draws
On the price chart
Category
Markets
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
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| EMA Length | int | 5 | emaLen |
| Risk-Reward Ratio | float | 1.0 | rrRatio |
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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