A complex strategy that mixes a volatility-based trend model, MACD with an optional relaxed mode, candlestick and chart pattern labels, consolidation zones with volume profile, and forecast projections with a Bayesian style hit tracker.
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
Inputs include pattern tolerance, forecast horizon, learning rate, correlated symbols, a maximum number of trades and a confidence-interval stop multiplier. Higher-timeframe boxes and many drawings appear on the price chart. Its many components make behaviour hard to audit, so test carefully.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Base Volatility Coeff
float
1.5
b_cf
Common Period
int
14
al_pr
HTF Background Box
timeframe
15
hf_in
Layer 1 Length (Micro)
int
20
c_l1
Layer 2 Length (Macro)
int
40
c_l2
Layer 3 Length (Global)
int
80
c_l3
Volume Profile Buckets
int
10
vp_bk
Breakout Synergy Multiplier (Fib)
float
1.618
bk_ml
Show Candlestick Labels
bool
true
sh_cp
Draw Macro Chart Patterns (Lines)
bool
true
sh_mp
Structure Pivot Lookback
int
10
pv_lb
Pattern Tolerance (%)
float
0.02
st_tl
Show all 40 settings
Setting
Type
Default
Variable
Bullish Pattern Color
color
color.new(color.lime, 0)
p_clB
Bearish Pattern Color
color
color.new(color.red, 0)
p_clR
Forecast Horizon (Bars)
int
20
fc_hz
Feedback Learning Rate
float
0.1
lr_rt
Bayes Lookback Period
int
500
by_lb
Enable Mean Reversion Gravity
bool
true
en_mr
Model Weight Matrix
text
1.0 0.5 0.2
0.2 1.0 0.5
0.5 0.2 1.0
wt_in
Require Synergy
bool
true
rq_syn
Relaxed MACD
bool
true
rl_md
Fast Len
int
12
f_ln
Slow Len
int
26
s_ln
Sig Len
int
9
sg_ln
Primary Sec 1
symbol
NASDAQ:AAPL
s_1
Sec 2 (Corr)
symbol
NASDAQ:MSFT
s_2
Sec 3 (Corr)
symbol
NASDAQ:GOOG
s_3
Max Trades
int
3
mx_tr
Roll Window
int
5
rl_dy
CI Mult SL
float
1.1
rk_bf
Target RR
float
2.0
rw_ml
Risk-Free Rate
float
0.05
rf_rt
Days to Exp
float
30.0
t_ex
Strike Mult
float
1.0
st_ml
Smooth Polyline Curves
bool
true
curvePath
Show Monte Carlo Random Paths
bool
true
showMC
Highlight Active Consolidations
bool
true
showConso
Show Ghost Bars
bool
true
sh_gb
Source Data
source
close
src
Display HUD Tables on Chart
bool
true
show_tables
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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