Indicator · Pine Script v5 · On the chart

IMBA Algo

by TamTH-Dev

IMBA Algo is a price chart overlay indicator designed to simulate trading setups with detailed position visualisations.

View on GitHub

GitHub stars2on the repository
Pine versionv5runs as is
Lines of code385
Settings26inputs
LicenceNone stated
Last update6 weeks ago18 Sep 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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

IMBA Algo calculates entry points, automatic or fixed percentage stop losses, break-even levels, and four distinct take profit targets with customizable allocation percentages. The script features built-in preset configurations for specific markets alongside a manual configuration mode, an optional RSI filter, and on-screen performance dashboards to monitor position risk and profit metrics.

Details

Published by

TamTH-Dev on GitHub

Draws

On the price chart

Markets

Crypto, Forex

Timeframes

M1-M5, 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.

SettingTypeDefaultVariable
STRATEGYstringMANUALstrategy_input
Sensitivefloat18sensitivity_input
Start calculating datetimetimestamp("1 June 2023")start_date_input
Showbooltrueshow_tp_enty_sl
Fillbooltruefill_positions
Risk %float1risk_percent_input
BE targetstring1break_even_target_input
Initial depositfloat1000initial_deposit_input
Fixed stoploss %boolfalsefixed_stop_input
SL %float0.00sl_percent_input
TP 1float1.00tp1_percent_input
Fix %float40tp1_percent_fix_input
Show all 26 settings
SettingTypeDefaultVariable
TP 2float2.00tp2_percent_input
Fix %float30tp2_percent_fix_input
TP 3float3.00tp3_percent_input
Fix %float20tp3_percent_fix_input
TP 4float4.00tp4_percent_input
Fix %float10tp4_percent_fix_input
Showboolfalseshow_rsi
Lengthint14len
Overboughtint78overbought
Oversoldint22oversold
Show profit panelbooltrueshow_profit_panel
Show strategy panelboolfalseshow_strategy_panel
Show old panelboolfalseshow_old_panel
Showboolfalseshow_dev_labels
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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