This indicator overlays linear regression candles and a UT Bot style ATR trailing stop on the price chart. When linear regression is enabled, open, high, low and close are replaced by regression values, and rising candles are green while falling candles are re
Indicator · Pine Script v5 · On the chart
GhostDog Matrix V12
GhostDog Matrix V12 is an overlay signal indicator designed for intraday session trading.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code283
Settings26inputs
LicenceNone stated
Last update9 months ago14 Jan 2026
Add It to Your TradingView Chart
- 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
GhostDog Matrix V12 calculates inner and outer standard deviation envelope bands around a simple moving average and evaluates Heikin-Ashi candle wicks to identify signal setups. The script includes filters for session time windows, noon slump avoidance, minimum normalized bandwidth to prevent chop, squeeze detection, signal cooldowns, and customizable matrix confidence thresholds displayed as labels on the price chart.
- Inner and outer standard deviation envelope bands
- Heikin-Ashi wick tolerance signal detection
- Trading session window and noon slump filter
- Bandwidth and anti-chop squeeze volatility filters
- Confidence score display and signal cooldown management
Details
Published by
knectardev on GitHub
Type
Draws
On the price chart
Markets
Any symbol
Timeframes
M15-H1
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Trading Window | session | 0930-1600 | sessionTime |
| Lookback Period | int | 20 | stdPeriod |
| Inner Sigma | float | 1.0 | innerMult |
| Outer Sigma | float | 2.5 | outerMult |
| Signal Matrix Req | int | 2 | matrixReq |
| Glow Matrix Req | int | 3 | glowReq |
| Signal Mode | string | Aggressive | sensitivity |
| Filter Consecutive Signals | bool | true | filterRepeat |
| Filter Noon Slump (12:00-13:30) | bool | true | hideNoon |
| Signal Cooldown (bars) | int | 0 | cooldownBars |
| HA Wick Tolerance (ticks) | int | 0 | haTolTicks |
| If Long+Short Same Bar | string | None | conflictMode |
Show all 26 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Repeat block window (bars) | int | 6 | repeatGap |
| Show Confidence % (as labels) | bool | true | showConfPctLabels |
| Confidence Label Size | string | Normal | confLabelSize |
| Grid normalize range (k) | float | 1.5 | kNorm |
| Filter: Min Confidence | bool | true | useMinConf |
| Min Confidence (0-1) | float | 0.45 | minConf |
| Filter: Volatility Expanding | bool | false | useVolExpand |
| BW slope length (bars) | int | 10 | bwLen |
| Min BW slope | float | 0.0 | bwMinSlope |
| Filter: Avoid Squeeze | bool | false | useSqueezeFilter |
| BW percentile lookback | int | 100 | bwLookback |
| Min BW percentile (0-1) | float | 0.10 | bwPct |
| Filter: Min Bandwidth (anti-chop) | bool | true | useMinBW |
| Min Bandwidth (normalized) | float | 0.0016 | minBW |
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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