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 base curve is calculated as a moving average of close prices, or the highest high, or the lowest low over a shift length determined by the time intervals t1 and t2. A symmetric forward price is derived as twice the shifted base minus the current close. The script detects crossovers between the symmetric price and the shifted base, marking potential symmetry points. Users can select the calculation mode via input settings. The main plots appear directly on the price chart without additional panes.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
äæÚ ãÍÇÓÈå (ãäæí ˜Ôæíí)
string
MA (Close)
calc_mode
äÞØå ÔÑæÚ ÈÇÒå (˜áí˜ Çæá)
time
0
t1
äÞØå ÇíÇä ÈÇÒå (˜áí˜ Ïæã)
time
0
t2
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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