1Copy the scriptPress Copy script above, or the copy button on the code below.
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
81 lines of Pine Script v6 from examples/RBT_strategy.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
RBT_strategy.pine
// 16 nov 2025 23:45
//Logic--> cur should min 30% - max 300% of prev + check doji + check Engulfing + check last 0-4 same orev candle + check mean of atleast 2-50 prev
//Last update on 02 Dec 2025 New function add---> prev candle high/low taken by cur high/low (On Off botton)
// all have on off options this is latest version
//
// working excellent in XAUUSD
//@version=6
indicator("LuckyFX RBtrader strategy", overlay=true)
// ----- Inputs & Filters -----
enable_prev_candles = input.bool(true, "Check: Prev Candles Same Dir?")
same_prev_candles = input.int(2, "Prev Candles Same (0–4)", minval=0, maxval=4)
enable_body_percent = input.bool(true, "Check: Cur > % Prev Body?")
body_percent_min = input.float(0.3, "Body % Min (0.3)", minval=0.3, maxval=2.0, step=0.05)
body_percent_max = input.float(3.0, "Body % Max (3.0)", minval=0.3, maxval=3.0, step=0.05)
ignore_doji = input.bool(true, "Ignore if Prev is Doji")
enable_mean_range = input.bool(true, "Check: Cur >= Mean Full Candle?")
mean_length = input.int(5, "Mean Candle Range (2-50)", minval=2, maxval=50)
ignore_engulf = input.bool(true, "Ignore if Engulfing (Body Size)")
// ----- NEW: Wick compare toggle -----
enable_wick_compare = input.bool(false, "Check: Cur wick > Prev wick (on/off)")
// ----- Candle Info -----
prev_open = open[1]
prev_close = close[1]
prev_high = high[1]
prev_low = low[1]
prev_body = math.abs(prev_close - prev_open)
prev_upper_wick = prev_high - math.max(prev_open, prev_close)
prev_lower_wick = math.min(prev_open, prev_close) - prev_low
prev_total_wick = prev_upper_wick + prev_lower_wick
prev_is_doji = prev_total_wick >= 2 * prev_body
prev_is_bull = prev_close > prev_open
prev_is_bear = prev_close < prev_open
cur_body = math.abs(close - open)
cur_range = high - low
is_bull = close > open
is_bear = close < open
is_bullish_engulf = cur_body > (prev_body + prev_upper_wick)
is_bearish_engulf = cur_body > (prev_body + prev_lower_wick)
// ----- Current wicks -----
cur_upper_wick = high - math.max(open, close)
cur_lower_wick = math.min(open, close) - low
// ---- Mean Full Candle Range (high-low of previous N candles) ----
sum_range = 0.0
for i = 1 to mean_length
sum_range := sum_range + (high[i] - low[i])
mean_prev_range = sum_range / mean_length
is_cur_range_big_enough = not enable_mean_range or cur_range >= mean_prev_range
// ----- Prev Dir Logic for Flexible N -----
prev_dir = prev_is_bull ? 1 : prev_is_bear ? -1 : 0
match = true
if same_prev_candles > 0
for i = 2 to same_prev_candles + 1
match := match and ((close[i] > open[i] ? 1 : close[i] < open[i] ? -1 : 0) == prev_dir)
last_n_same_as_prev = not enable_prev_candles or (prev_dir != 0 and match)
// ----- Body % threshold check -----
body_percent_ok = not enable_body_percent or (cur_body > body_percent_min * prev_body and cur_body < body_percent_max * prev_body)
// ----- Wick comparison condition (single-line to avoid parser issues) -----
wick_condition = not enable_wick_compare or ((is_bull and cur_lower_wick > prev_lower_wick) or (is_bear and cur_upper_wick > prev_upper_wick))
// ----- Signal logic -----
bull_bigger_than_bear = is_bull and prev_is_bear and body_percent_ok and (not ignore_doji or not prev_is_doji) and (not ignore_engulf or not is_bullish_engulf) and last_n_same_as_prev and is_cur_range_big_enough and wick_condition
bear_bigger_than_bull = is_bear and prev_is_bull and body_percent_ok and (not ignore_doji or not prev_is_doji) and (not ignore_engulf or not is_bearish_engulf) and last_n_same_as_prev and is_cur_range_big_enough and wick_condition
// ----- Plot (constant shape/size) -----
// removed explicit alpha from color to keep syntax safe
plotshape(bull_bigger_than_bear, style=shape.triangleup, color=color.rgb(38, 129, 11), size=size.small, location=location.belowbar, title="Bullish Signal")
plotshape(bear_bigger_than_bull, style=shape.triangledown, color=color.rgb(226, 10, 10), size=size.small, location=location.abovebar, title="Bearish Signal")
alertcondition(bull_bigger_than_bear, title="Bullish Signal", message="Bullish > Bearish Setup")
alertcondition(bear_bigger_than_bull, title="Bearish Signal", message="Bearish > Bullish Setup")
Overview
LuckyFX RBtrader strategy marks a bullish condition when the current candle is bullish, the previous candle is bearish, and optional checks pass: body size between a minimum and maximum share of the previous body, prior candles sharing direction, current range at least the mean of recent ranges, and a wick comparison. Bearish conditions reverse those roles. Toggles can ignore dojis and engulfing bodies. It does not place orders or set stops.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Check: Prev Candles Same Dir?
bool
true
enable_prev_candles
Prev Candles Same (0–4)
int
2
same_prev_candles
Check: Cur > % Prev Body?
bool
true
enable_body_percent
Body % Min (0.3)
float
0.3
body_percent_min
Body % Max (3.0)
float
3.0
body_percent_max
Ignore if Prev is Doji
bool
true
ignore_doji
Check: Cur >= Mean Full Candle?
bool
true
enable_mean_range
Mean Candle Range (2-50)
int
5
mean_length
Ignore if Engulfing (Body Size)
bool
true
ignore_engulf
Check: Cur wick > Prev wick (on/off)
bool
false
enable_wick_compare
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.
The Heikin-Ashi Chart Identifier is an indicator that checks if the current chart uses Heikin-Ashi candles. It tracks matched candles where open equals the average of previous open and close, and verifies no gaps between bars. When conditions match, it display
The indicator plots ICT displacement candles on the price chart and can switch to retracement scanning. Displacement requires a move larger than a set share of the 14-bar average high-low range, lasting at least a chosen number of bars, with optional close, pr
All Candlestick Patterns detects and highlights a wide range of bullish, bearish, and neutral candlestick patterns directly on the price chart. It features optional trend filtering using either a 50-period simple moving average or a combination of 50-period an
Mean Reversion Study is an indicator that identifies trade setups combining exponential moving averages, RSI extremes, and engulfing candlestick patterns. It highlights bullish setups when a bullish engulfing candle forms below the EMA while RSI is oversold, a
This indicator overlays up to five higher-timeframe candlestick groups on the price chart. For each enabled timeframe it requests open, high, low, and close and can show up to five candles, offset by a spacing setting. The main inputs set the candle count, the
This indicator detects a large set of classic candlestick patterns and plots colored labels on the price chart. Trend context uses a 50-period simple moving average, or the 50 and 200 averages stacked together, and can be switched off. Users filter bullish, be