The Momentum Setup is a multi-indicator visual tool designed for trend and momentum analysis directly on the price chart. It combines Relative Strength Index (RSI), Money Flow Index (MFI), Commodity Channel Index (CCI), Supertrend, and a 250-bar percentage cha
Indicator · Pine Script v5 · On the chart
Confluence
Confluence is an overlay indicator that calculates metrics across three classic tools: Bollinger Bands, the Relative Strength Index (RSI), and the Moving Average Convergence Divergence (MACD).
GitHub stars6on the repository
Pine versionv5runs as is
Lines of code29
Settings6inputs
LicenceMIT
Last update5 days ago23 Oct 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 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
29 lines of Pine Script v5 from strategies/indicators/confluence.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
// Multi-indicator confluence: Bollinger Bands + RSI + MACD
// Attribution: Combines standard TradingView built-in indicators
// Used as input for AI-powered strategy conversion
//@version=5
indicator("Confluence", overlay=true)
// Bollinger Bands
bbLength = input.int(20, "BB Length", minval=1)
bbMult = input.float(2.0, "BB Multiplier")
basis = ta.sma(close, bbLength)
dev = bbMult * ta.stdev(close, bbLength)
bbUpper = basis + dev
bbLower = basis - dev
// RSI
rsiLength = input.int(14, "RSI Length", minval=1)
rsiValue = ta.rsi(close, rsiLength)
// MACD
macdFast = input.int(12, "MACD Fast", minval=1)
macdSlow = input.int(26, "MACD Slow", minval=1)
macdSignalLen = input.int(9, "MACD Signal", minval=1)
macdLine = ta.ema(close, macdFast) - ta.ema(close, macdSlow)
macdSignal = ta.ema(macdLine, macdSignalLen)
plot(bbUpper, color=color.green, title="BB Upper")
plot(bbLower, color=color.red, title="BB Lower")
plot(basis, color=color.blue, title="BB Basis")
Overview
Confluence plots the upper, lower, and basis lines of the Bollinger Bands directly on the price chart. Inputs allow customization of the band length, standard deviation multiplier, RSI period, and MACD fast, slow, and signal lengths. While RSI and MACD values are computed internally for confluence setups, they are not rendered in separate sub-panes.
- Bollinger Bands price overlay
- Internal RSI calculation
- Internal MACD and signal line calculation
- Configurable indicator periods and multiplier
Details
Published by
trsdn on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Volatility & bands, Oscillators & momentum
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.
Topics
ai-scrumalgorithmic-tradingbacktestingbitcoinbollinger-bandscryptopine-scriptpythonquantitative-financestrategy
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| BB Length | int | 20 | bbLength |
| BB Multiplier | float | 2.0 | bbMult |
| RSI Length | int | 14 | rsiLength |
| MACD Fast | int | 12 | macdFast |
| MACD Slow | int | 26 | macdSlow |
| MACD Signal | int | 9 | macdSignalLen |
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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