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
The first is a Q-Trend line built from the midpoint of a long highest-lowest range, shifted by an ATR multiple, with buy, sell and strong signals, bar colouring and two signal modes. The second finds hidden fair value gaps, tracks inverse fair value gaps with filter modes, and draws entry, ATR stop and R-multiple target boxes. Settings include trend period, ATR values, filters, line length and signal display.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Source
source
close
qSrcInput
Trend Period
int
200
qPeriod
ATR Period
int
14
qAtrPeriod
ATR Multiplier
float
1.0
qMultiplier
Signal Mode
string
Type A
qMode
Smooth Source with EMA?
string
No
qUseEmaSmoother
EMA Smoother Period
int
3
qSrcEmaPeriod
Color Bars?
bool
true
qColorBars
Show Trend Line?
bool
true
qShowTrendLine
Signals to Show
string
All
qSignalsView
Signal Shape
string
Labels
qSignalsShape
Buy Color
color
color.green
qBuyColor
Show all 40 settings
Setting
Type
Default
Variable
Sell Color
color
color.red
qSellColor
๐ง Hidden FVG Memory
int
120
maxHiddenFVG
โณ Max Hidden FVG Age
int
60
maxFvgAge
๐ Minimum FVG Size / Ticks
int
0
minGapTicks
๐ Max Visible IFVG
int
20
maxVisibleIFVG
โ๏ธ IFVG Line Length Bars
int
50
ifvgLengthBars
๐ IFVG Line Price
string
Broken Boundary
linePriceMode
๐งน Delete Invalidated IFVG
bool
true
deleteInvalidIFVG
๐ IFVG Filter Mode
string
Balanced
filterMode
๐ Custom Minimum Gap / ATR
float
0.25
customMinGapAtr
๐ Custom Minimum Body Ratio
float
0.50
customMinBodyRatio
๐ Custom Minimum Range / ATR
float
0.60
customMinRangeAtr
๐ Custom Clean Break Buffer / ATR
float
0.05
customBreakAtr
๐ฏ Entry Price
string
IFVG Line
entryMode
๐ ATR Length
int
14
atrLen
๐ก๏ธ SL ATR Multiplier
float
1.5
slAtrMult
๐ฏ Take Profit Target
string
3R
tpRRInput
๐ฆ Show Entry / SL / TP Box
bool
true
showTradeBoxes
๐ฆ Initial TP / SL Box Length
int
5
initialBoxLength
๐จ Theme Package
string
Obsidian Sniper
themePackage
๐จ Use Theme Package Colors
bool
true
useThemePackage
๐ฆ Custom Bullish IFVG Color
color
color.rgb(0, 120, 255)
customBullIFVGColor
๐ฅ Custom Bearish IFVG Color
color
color.rgb(255, 60, 70)
customBearIFVGColor
๐ท๏ธ IFVG Label Size
string
Large
ifvgLabelSizeInput
โช Custom Entry Line Color
color
color.white
customEntryColor
๐ Custom SL Color
color
color.rgb(220, 50, 50)
customSLColor
๐ฏ Custom TP Color
color
color.rgb(0, 190, 110)
customTPColor
๐ Custom Dashboard Background
color
color.rgb(12, 12, 16)
customDashboardBg
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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