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 strategy, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
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
A long entry needs the oscillator below 30, a bullish price divergence and a break above the oscillator peak from that period. It exits above 70, or when the oscillator falls below 45 after having been above 50. Shorts exist but are off by default. A price-based hard stop is optional and off by default, and a test window and benchmark table are included.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Okres szybki
int
7
uoLen1
Okres średni
int
14
uoLen2
Okres wolny
int
28
uoLen3
Pivot Left (bary)
int
3
pivL
Pivot Right (bary)
int
3
pivR
Max barów między pivotami
int
60
divMaxBars
Ważność dywergencji (barów)
int
25
divValidBars
Próg wyprzedania (long)
float
30
uoOSLevel
Pozwól na SHORT (mirror reguł)
bool
false
allowShorts
Próg szczytu UO (short)
float
50
uoOBLevel
TP long: UO >
float
70
tpLevel
Stop-rule: uzbrojenie UO >
float
50
stopArmLv
Show all 22 settings
Setting
Type
Default
Variable
Stop-rule: wyjście UO <
float
45
stopExitLv
TP short: UO <
float
30
shortTpLv
Stop short: UO >
float
65
shortStLv
Twardy stop cenowy (opcja, NIE-Williams)
bool
false
useHardStop
Twardy stop % od wejścia
float
15.0
hardStopPct
Max barów w pozycji (0 = OFF)
int
0
maxBarsHold
Ogranicz test do okna dat
bool
true
useWindow
Początek okna
time
timestamp("2005-01-01T00:00:00")
winStart
Koniec okna
time
timestamp("2018-01-01T00:00:00")
winEnd
% kapitału na pozycję
float
95
qtyPct
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.
MACD + Divergences [Alorse] is a momentum strategy that calculates the MACD oscillator and identifies regular and hidden divergences using pivot high and low points. It filters trade signals with dual Exponential Moving Averages (EMA 150 and 600) to ensure tra
The Stochastic Divergence Strategy calculates the Stochastic oscillator (%K and %D) to identify regular bullish and bearish divergence patterns against price pivots. It plots the oscillator and divergence lines in a separate indicator pane. Entries trigger on
This strategy implements Bill Williams' Awesome Oscillator (AO) calculated as the difference between two simple moving averages of the median price. It generates long and short entries using three classic signal triggers: zero-line crossovers, twin peaks diver
This strategy calculates regular and hidden divergences across selectable momentum oscillators, including RSI, CCI, and MFI, and plots volatility-based divergence zones. It displays oscillator dynamics in a separate pane while projecting support and resistance
This strategy combines a WaveTrend oscillator with a dual-period RSI differential to generate trend-following entries in a separate indicator pane. It calculates fast and slow RSI values, alongside WaveTrend channel lines and overbought or oversold thresholds.
A trading strategy that uses an RSI state machine tracking 50-level crossovers, pullbacks, and hidden divergences. Entries require confirmation from optional confluence filters, including an EMA touch, Fibonacci retracement zones, and Ichimoku cloud conditions