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
Drawn directly on the main price chart, it tracks market trend direction and momentum. Settings allow switching between standard HMA, Exponential EHMA, and Triple THMA calculations, adjusting length multipliers, enabling multi-timeframe tracking, and coloring price candles based on trend bias. Live bars can repaint when the multi-timeframe option is enabled.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Source
source
close
src
Hull Variation
string
Hma
modeSwitch
Length(180-200 for floating S/R , 55 for swing entry)
int
200
length
Length multiplier (Used to view higher timeframes with straight band)
int
2
lengthMult
Show Hull MA from X timeframe? (good for scalping)
bool
false
useHtf
Higher timeframe
timeframe
240
htf
Color candles based on Hull's Trend?
bool
false
candleCol
Show as a Band?
bool
true
visualSwitch
Line Thickness
int
1
thicknesSwitch
Quotient | LPPeriod
int
6
LPPeriod
K1
int
0
K1
Trigger Length
int
2
trigno
Show all 28 settings
Setting
Type
Default
Variable
Oscillator Color:
color
color.blue
osccol
Trigger Color:
color
color.white
trigcol
LPPeriod2
int
27
LPPeriod2
K1
float
0.8
K12
K2
float
0.3
K22
Line Color:
color
color.red
osccol2
Fill Color:
color
color.red
osccol22
LPPeriod3
int
11
LPPeriod3
K1
float
0.99
K13
Line Color:
color
color.yellow
osccol3
WT | master
int
9
n1
time 1
int
6
n2
2
int
3
n3
LSMA | 1
int
21
n4
2
int
0
n5
LSMA Long
int
200
lsmaline
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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