This script provides an indicator-based backtesting engine framework that simulates trade entries, exits, and filtering directly on the price chart. It evaluates selected entry rules and multi-layered filters, including moving average trends, volume increases,
Indicator · Pine Script v5 · On the chart
Market Cipher A
Market Cipher A plots an exponential moving average ribbon on the price chart alongside visual trend signals.
Repaints
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code74
Settings13inputs
LicenceNone stated
Last update6 weeks ago18 Sep 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
Market Cipher A computes eight EMAs of varying lengths to construct the ribbon, tracks daily pivot high and low levels, and calculates momentum using internal wave oscillators and stochastic rules. Specific shape signals, such as diamonds, triangles, and crosses, highlight momentum setups directly above price bars. Settings allow toggling individual ribbon lines and pivot parameters. The indicator uses daily security calls with lookahead enabled, which causes historical pivot plots to repaint.
- Multi-line EMA ribbon visualizer
- Daily pivot high and low lines
- Wave trend and momentum signal shapes
- Customizable ribbon visibility settings
Details
Published by
TamTH-Dev on GitHub
Code credit
tamth_, as written in the script's header
Type
Draws
On the price chart
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
- Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| H/L Pivot Days Back | int | 1 | pivotPeriod |
| Show Pivot High | bool | false | showPivotHigh |
| Show Pivot Low | bool | false | showPivotLow |
| Show Ribbon 1 | bool | true | showRibbon1 |
| Show Ribbon 2 | bool | true | showRibbon2 |
| Show Ribbon 3 | bool | true | showRibbon3 |
| Show Ribbon 4 | bool | true | showRibbon4 |
| Show Ribbon 5 | bool | true | showRibbon5 |
| Show Ribbon 6 | bool | true | showRibbon6 |
| Show Ribbon 7 | bool | true | showRibbon7 |
| Show Ribbon 8 | bool | true | showRibbon8 |
| Show Ribbon 9 | bool | false | showRibbon9 |
Show all 13 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Ribbon9 | int | 21 | ribbon9Len |
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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