Complexity Trender is an indicator that combines EMA crossovers, RSI momentum, Stochastic signals, Bollinger Bands, ADX trend strength, volume analysis, and divergence detection to identify trends.
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
Complexity Trender plots labels, trend lines, and a summary table directly on the main price chart. Signals indicate buy or sell with strength percentages. Input settings adjust lengths and thresholds for each tool. The indicator adapts parameters based on timeframe and volatility. It supports multi-timeframe comparison but provides no exit rules beyond signal reversal.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Fast EMA
int
9
ema_fast
Slow EMA
int
21
ema_slow
RSI Length
int
14
rsi_length
RSI Overbought
int
70
rsi_overbought
RSI Oversold
int
30
rsi_oversold
Stochastic %K
int
14
stoch_k
Stochastic %D
int
3
stoch_d
Bollinger Bands Length
int
20
bb_length
Bollinger Bands Multiplier
float
2.0
bb_mult
ADX Length
int
14
adx_length
ADX Threshold
int
25
adx_threshold
Volume Threshold Multiplier
float
1.5
volume_threshold
Show all 15 settings
Setting
Type
Default
Variable
Minimum Trend Bars
int
3
min_trend_bars
Maximum Trend Bars
int
20
max_trend_bars
Minimum Price Move %
float
0.1
min_price_move
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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