A separate-pane indicator that sums scored readings from an imported helper library covering a moving average, ADX, DMI, MACD and on-balance volume into one combined value.
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
That value is plotted as a blue line against reference levels at zero, 100 and minus 100, and the component readings are shown as characters at the top. Inputs set the trend lookback, ADX value, DMI signal levels, DMI delta and rapid-change thresholds. The scoring rules sit in the external library, so this file does not show how each component is scored.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Trend Lookback
int
1
trend_lookback
ADX Value
int
14
_adx
DMI+ Signal
int
17
_dmiplus
DMI- Signal
int
17
_dmineg
DMI Delta
int
1
dmi_delta
DMI Rapid Change
int
5
dmi_rapid
ADX Rapid Change
float
0.5
adx_rapid
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.
FlowBias calculates a composite market momentum metric using Chaikin Money Flow, volume delta, Stochastic, and the Ultimate Oscillator. Plotted in a separate pane, it identifies trend pullbacks and market exhaustion reversals through visual signals and labels.
Nexural Pressure Pro is a composite pressure indicator that measures directional market momentum using volume-weighted directional movement, order flow delta, aggression, and efficiency ratio metrics. It filters out low-activity bars using configurable volume
PaperHands is an indicator that plots entry, re-entry, and exit signals for LONG and SHORT positions in a separate pane. It calculates signals using multiple confluence conditions such as real candle color, Heikin-Ashi candle color and flat bottoms or tops, He
Capital41 Fusion Oscillator v3 measures multi-condition market confluence in a separate pane with a smoothed composite score ranging from 0 to 100. It evaluates four criteria: EMA trend direction, RSI oversold or overbought turns, Williams %R thresholds, and A
This indicator combines five normalized oscillator channels: RSI, stochastic, MACD histogram, money flow index, and the ADX directional difference. It cross-subtracts channel pairs with a fixed or correlation-based weight meant to reduce shared overlap, then s
The Directional Flow Oscillator combines momentum, cumulative volume delta, price range position, trend ratio, and relative volatility into a single bounded composite indicator. It fetches lower-timeframe volume data to calculate cumulative volume delta and no