This overlay indicator evaluates trade setups on gold and intraday charts using a multi-layered filtering system. It combines fast, slow, and trend EMAs with session time filters, VWAP direction, higher-timeframe trend alignment, and ADX trend strength. It tra
Indicator · Pine Script v5 · On the chart
BTMM Second Leg Confirmation
Identifies continuation trade setups based on Beat the Market Maker (BTMM) second-leg patterns directly on the price chart.
GitHub stars3on the repository
Pine versionv5runs as is
Lines of code230
Settings9inputs
LicenceNone stated
Last update1 year ago10 Jul 2025
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
BTMM Second Leg Confirmation defines trading session phases across Asian, London, and New York sessions, filters impulse legs using fast and slow exponential moving averages, and checks for volume expansion against a moving average baseline. Once a minimum first-leg pip threshold and Fibonacci pullback limit are met, it tracks confirmation criteria for the secondary continuation leg.
- Tracks Beat the Market Maker second-leg impulses
- Configurable Asian, London, and New York session phases
- Dual EMA trend alignment filter
- Volume surge detection against moving average
- Adjustable pip size and pullback threshold limits
Details
Published by
jcortes254 on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
SMC / ICT / price action, Sessions & time, Trend, Moving averages
Markets
Forex
Timeframes
M1-M5, M15-H1
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 |
|---|---|---|---|
| Asian Session (5PM-Midnight) | session | 1700-0000 | asian_session |
| London Session (2AM-9AM) | session | 0200-0900 | london_session |
| NY Session (9:30AM-5PM) | session | 0930-1700 | ny_session |
| First Leg Min Size (pips) | int | 20 | first_leg_min_pips |
| Max Pullback % | float | 0.618 | pullback_max_percent |
| Volume Threshold | float | 1.5 | volume_threshold |
| Confirmation Bars | int | 3 | confirmation_bars |
| EMA Fast | int | 13 | ema_fast |
| EMA Slow | int | 50 | ema_slow |
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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