This indicator draws an eight-line EMA ribbon with an optional cloud on the price chart, using Fibonacci-style lengths from 8 to 233 and an optional Heikin Ashi source.
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
Fusion Cipher A Overlay adds symbolic guidance marks, long and short setup labels, a compression filter and a volume-and-wick based marker for suspected manipulation candles. Workflow presets for crypto, gold daily and 15-minute scalping change the lengths, and alerts can be enabled. The script says it is an original work, not affiliated with any commercial suite.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Workflow preset
string
Manual
preset
Use Heikin Ashi source
bool
true
useHeikinAshi
Show 8-EMA ribbon
bool
true
showRibbon
Show ribbon cloud
bool
true
showRibbonCloud
EMA 1
int
8
ema1Len
EMA 2
int
13
ema2Len
EMA 3
int
21
ema3Len
EMA 4
int
34
ema4Len
EMA 5
int
55
ema5Len
EMA 6
int
89
ema6Len
EMA 7
int
144
ema7Len
EMA 8
int
233
ema8Len
Show all 21 settings
Setting
Type
Default
Variable
Compression baseline
int
100
compressionLen
Compression factor
float
0.70
compressionFactor
Show symbolic guidance
bool
true
showSymbols
Show Long/Short setup labels
bool
true
showLongShortLabels
Triangle/dot/diamond sequence bars
int
3
sequenceWindow
Momentum length
int
9
momentumLen
Manipulation Yellow X volume spike
float
1.6
volumeSpikeMult
Manipulation Yellow X wick/body ratio
float
1.6
wickBodyMult
Enable symbol alerts
bool
true
alertSymbols
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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