This indicator analyzes short-term price action on index futures and options charts by applying Rational Quadratic kernel smoothing to detect sideways consolidation ranges and potential breakouts. It processes pivot highs and lows over customizable loopback pe
Indicator · Pine Script v5 · On the chart
Golden Pocket
Golden Pocket indicator identifies potential reversal zones by drawing Fibonacci retracement lines and boxes between pivot highs and lows on the price chart.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code198
Settings21inputs
LicenceNone stated
Last update8 months ago25 Feb 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
Golden Pocket applies moving average filters to confirm trend direction for both bull and bear setups. Users can customize Fibonacci levels, pivot distance, box colors, and MA settings to adjust sensitivity and filter out noise. The script plots lines and boxes directly on the chart, with options for alerts on condition changes.
- Fib Line
- Box Colour
- MA Filter
- Pivot Distance
- Alerts
Details
Published by
regalouisei on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Support & resistance, Moving averages, Trend
Markets
Any symbol
Timeframes
Any timeframe
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 |
|---|---|---|---|
| Fib Line | bool | true | show_line |
| line_colour | color | color.black | line_colour |
| line_style | string | line.style_dashed | line_style |
| Box Colour | color | color.new(#FFD700,80) | box_color |
| Closed | color | color.new(color.gray,90) | closed_color |
| Fib Level 1 | float | 0.618 | fib_level_1 |
| Fib Level 2 | float | 0.65 | fib_level_2 |
| Pivot Distance | int | 10 | piv_distance |
| MA Filter | string | Both Lines | ma_filter |
| Remove Box if (%) away | float | 10.0 | percentage_away |
| Alerts | bool | true | alert_on |
| ma_on | bool | true | ma_on |
Show all 21 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| MA | int | 21 | ma_distance |
| ma_type | string | EMA | ma_type |
| ma_tf | timeframe | | ma_tf |
| ma_color | color | color.orange | ma_color |
| ma_on_2 | bool | true | ma_on_2 |
| MA | int | 50 | ma_distance_2 |
| ma_type_2 | string | EMA | ma_type_2 |
| ma_tf_2 | timeframe | | ma_tf_2 |
| ma_color_2 | color | color.navy | ma_color_2 |
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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