This indicator plots calendar-spread context for commodity futures on the price chart. It maps the chart symbol to front and next month contracts automatically, or uses manual symbols, then calculates the spread as a difference or ratio. Fast and slow EMAs, a
Indicator · Pine Script v6 · On the chart
Matrix Trend BTR
A price-chart overlay that draws an Ichimoku-style cloud and a moving average, then prints buy and sell triangles from a chosen engine: RSI crossing its average in the cloud trend direction, EMA trend reversals, or manual price-level rules.
GitHub stars1on the repository
Pine versionv6current
Lines of code1,249
Settings33inputs
LicenceNone stated
Last updateyesterday28 Oct 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
Extra optional signals cover RSI extremes, RSI double tops and bottoms, early tops and divergences. Cloud and average settings adjust automatically by chart timeframe. A dashboard, stop line and alerts are included. The author calls it an approximation of a third-party method.
- Ichimoku-style cloud with Tenkan and Kijun
- Three selectable signal engines
- RSI extreme, double top and divergence signals
- Latest stop line and dashboard
- Timeframe-aware cloud and MA presets
Details
Published by
natalivm on GitHub
Type
Draws
On the price chart
Category
Markets
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 |
|---|---|---|---|
| Signal engine | string | RSI + cloud trend | signalEngine |
| Matrix BUY / SELL | bool | true | enableSignals |
| Show signal triangles | bool | true | showSignals |
| Hide signals on 5m + 15m | bool | false | hideSignals5And15 |
| Show latest stop line | bool | true | showPlan |
| Cloud profile | string | Auto: hourly estimate above 15m | profile |
| Custom | int | 9 | customConversion |
| customBase | int | 26 | customBase |
| customSpan | int | 52 | customSpan |
| shift | int | 5 | customShift |
| Moving average (yellow) | string | Auto: 22 EMA to 15m, 55 SMA above | maPreset |
| Custom MA | int | 22 | maLength |
Show all 33 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| maType | string | EMA | maType |
| RSI oversold BUY / RSI >80 SELL | bool | true | enableRsiZoneSignals |
| Extreme-low RSI BUY | bool | true | enableRsiExtremeBuy |
| Extreme-high RSI SELL - 5m / 15m / daily | bool | true | enableRsiExtremeSell |
| Pink early-top SELL | bool | true | enableEarlyTopSell |
| RSI double-top SELL | bool | true | enableRsiDoubleTop |
| Bearish divergence SELL | bool | true | enableBearDiv |
| RSI double-bottom BUY | bool | true | enableRsiDoubleBottom |
| Bullish divergence BUY | bool | true | enableBullDiv |
| Bottom watch / confirmed BUY | bool | true | enableBottomLab |
| Show cloud | bool | true | showCloud |
| cloudUpColor | color | color.rgb(0, 150, 150) | cloudUpColor |
| cloudDownColor | color | color.rgb(205, 120, 45) | cloudDownColor |
| Show Tenkan / Kijun | bool | true | showGuides |
| tenkanColor | color | color.rgb(255, 0, 0) | tenkanColor |
| kijunColor | color | color.rgb(255, 0, 255) | kijunColor |
| Show dashboard | bool | true | showDashboard |
| Show bottom-watch confirmation / risk lines | bool | true | showBottomLevels |
| Show nearest swing support / resistance | bool | false | showAutoLevels |
| Show previous day high / low on 15m | bool | true | showPrevDay |
| Lines / clusters · comma-separated | string | | levelText |
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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