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
GCM Volume-Price Essence plots the smoothed difference of fast and slow exponential flows, plus optional quantum base line, dynamic zones, anticipation signals, and candle divergence. Fast, slow, volume, smoothing, base-line, and divergence lookback inputs change sensitivity and display. Colors distinguish strong and weak bullish and bearish waves. It does not place trades or set stops.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Fast Period
int
8
lengthFast
Slow Period
int
21
lengthSlow
Volume Period
int
14
lengthVolume
Volume Impact Factor
float
1.5
volImpact
Component Smoothing
int
5
smoothing
Final Line Smoothing
int
3
finalSmoothing
Show Quantum Base Line
bool
true
showSignal
Base Line Period
int
12
signalPeriod
Show Dynamic Zones
bool
true
showZones
Show Anticipation Signals
bool
true
showSignals
Show Candle Divergence
bool
true
showDiv
Divergence Lookback Candles
int
3
divLookback
Show all 19 settings
Setting
Type
Default
Variable
Bullish Strong wave
color
#2dff00
colBullStrong
Bullish Weak wave
color
#4caf50
colBullWeak
Bearish Strong wave
color
#ff0000
colBearStrong
Bearish Weak wave
color
#f7525f
colBearWeak
Quantum Bull wave
color
#5b9cf6
colOverFill
Quantum Bear wave
color
#ffb74d
colUnderFill
Zone Lines & Zero
color
#9c9c9c
colZoneLine
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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