This overlay indicator screens a pasted list of up to forty symbols and draws a table on the price chart. It classifies bullish or bearish setups from the percent change between the current candle and the candle 250 bars back, then shows RSI with a simple movi
Indicator · Pine Script v6 · On the chart
LuxAlgo Universal Signal Backtester
A price-chart indicator that measures how a signal performs against fixed target distances.
GitHub stars1on the repository
Pine versionv6current
Lines of code800
Settings34inputs
LicenceNone stated
Last update2 months ago20 Aug 2026
Add It to Your TradingView Chart
- 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 signal can come from a predefined moving average cross, from two external series crossing, or from an external plotted signal. For each signal it tracks three take profit and three stop loss levels set in ATR, ticks or points, with an optional ATR choppiness filter and direction setting. A dashboard shows hit statistics, a heatmap by period and suggested targets, and candles can be coloured.
- Predefined cross or external signal sources
- Three take profit and three stop loss levels
- ATR, tick or point distances
- Hit statistics dashboard with period heatmap
- Optional ATR choppiness filter
Details
Published by
qtu11 on GitHub
Code credit
LuxAlgo, as written in the script's header
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Screeners & dashboards, Oscillators & momentum
Markets
Any symbol
Timeframes
Any timeframe
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.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Source Mode | string | Predefined Crosses | sourceMode |
| Predefined Cross | string | 9/21 EMA Cross | predefCross |
| External Fast Source | source | close | fastSource |
| External Slow Source | source | open | slowSource |
| External Long Signal | source | close | extLongSignal |
| External Short Signal | source | close | extShortSignal |
| External Signal Logic | string | Not NA (Plotshape/Markers) | signalLogic |
| Trade Direction | string | Both | tradeDirection |
| Use ATR Choppiness Filter | bool | false | useAtrFilter |
| ATR Smoothing Length | int | 50 | atrFilterLen |
| Distance Type | string | ATR | distType |
| ATR Length | int | 14 | atrLen |
Show all 34 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Take Profit 1 | bool | true | useTp1 |
| tp1Val | float | 1.0 | tp1Val |
| Take Profit 2 | bool | true | useTp2 |
| tp2Val | float | 2.0 | tp2Val |
| Take Profit 3 | bool | true | useTp3 |
| tp3Val | float | 3.0 | tp3Val |
| Stop Loss 1 | bool | true | useSl1 |
| sl1Val | float | 1.5 | sl1Val |
| Stop Loss 2 | bool | true | useSl2 |
| sl2Val | float | 2.5 | sl2Val |
| Stop Loss 3 | bool | true | useSl3 |
| sl3Val | float | 3.5 | sl3Val |
| Show Dashboard | bool | true | showDash |
| Dashboard Position | string | Top Right | dashPos |
| Dashboard Size | string | Small | dashSize |
| Heatmap Period | string | Days of Week | heatmapPeriod |
| Suggested TP Metric | string | Hit Rate | suggestMetric |
| Gradient Candle Coloring | bool | true | useCandleColor |
| Simulate Spread & Commission | bool | false | useCosts |
| Cost Profile | string | Manual | costProfile |
| Manual Spread (Ticks) | float | 1.0 | manualSpread |
| Manual Commission (%) | float | 0.01 | manualComm |
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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