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
MACD RSI EMA Aggressive + ATR SLTP combines a MACD crossover or crossunder with an RSI threshold filter, price location relative to an Exponential Moving Average, volume expansion above a simple moving average factor, and an ADX trend strength filter. When conditions align, the indicator plots buy or sell shapes alongside visual stop-loss and take-profit levels calculated using Average True Range (ATR). Users can adjust signal thresholds, indicator lengths, and ATR multipliers.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
fastLen
int
12
fastLen
slowLen
int
26
slowLen
signalLen
int
9
signalLen
rsiLen
int
14
rsiLen
rsiBuy
int
52
rsiBuy
rsiSell
int
48
rsiSell
emaLen
int
21
emaLen
volLen
int
20
volLen
volFactor
float
1.05
volFactor
adxLen
int
14
adxLen
adxMin
int
14
adxMin
atrLen
int
14
atrLen
Show all 14 settings
Setting
Type
Default
Variable
slATR
float
0.8
slATR
tpATR
float
1.2
tpATR
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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