Vein: Pullback identifies temporary counter-trend retracements and signals when they end versus when structure breaks. It calculates a multi-layer confluence score from 0 to 10 based on trend quality, move weakness, structure preservation, and Fibonacci retrac
Indicator · Pine Script v5 · On the chart
MTF Confluence Strategy
A multi-timeframe confluence indicator that scores setups from several components: an EMA ribbon with ADX and DMI, MACD, Bollinger Bands, volume against its average, VWAP with pivot points, and Stochastic RSI timing.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code552
Settings35inputs
LicenceNone stated
Last update6 months ago17 Apr 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
Daily, 4-hour and 1-hour closes versus an EMA give a higher-timeframe bias. Entry and exit labels appear only when enough components agree, with optional volume and ADX filters. It draws EMAs, bands, VWAP, pivots, labels and a dashboard on the price chart. It is designed for 15 or 30 minute charts.
- EMA ribbon, ADX/DMI, MACD and Bollinger components
- Daily, 4H and 1H trend bias
- Score-based entry and exit labels
- VWAP, pivot points and Stochastic RSI timing
- On-chart dashboard
Details
Published by
DirtDemon31 on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Oscillators & momentum, Support & resistance, Screeners & dashboards
Markets
Any symbol
Timeframes
M15-H1
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 |
|---|---|---|---|
| EMA 1 | int | 8 | ema1Len |
| EMA 2 | int | 21 | ema2Len |
| EMA 3 | int | 50 | ema3Len |
| EMA 4 | int | 200 | ema4Len |
| Show EMA Lines | bool | true | showEMA |
| ADX Length | int | 14 | adxLen |
| ADX Smoothing | int | 14 | adxSmooth |
| Min ADX (trend on) | int | 20 | adxMinTrend |
| Fast | int | 12 | macdFast |
| Slow | int | 26 | macdSlow |
| Signal | int | 9 | macdSig |
| Length | int | 20 | bbLen |
Show all 35 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| StdDev | float | 2.0 | bbMult |
| Show BB | bool | true | showBB |
| Volume MA Length | int | 20 | volMaLen |
| Min Vol Multiplier (×avg) | float | 1.0 | volMinMult |
| Show VWAP | bool | true | showVWAP |
| Pivot Type | string | Traditional | pivotType |
| Show Pivots | bool | true | showPivots |
| Pivot Lookback (bars) | int | 1 | pivotLookback |
| RSI Length | int | 14 | stochRsiLen |
| Stoch Length | int | 14 | stochLen |
| %K Smooth | int | 3 | stochK |
| %D Smooth | int | 3 | stochD |
| Overbought | int | 80 | stochOB |
| Oversold | int | 20 | stochOS |
| Daily TF | timeframe | D | htfDaily |
| 4H TF | timeframe | 240 | htf4h |
| 1H TF | timeframe | 60 | htf1h |
| HTF EMA for bias | int | 50 | htfEmaLen |
| Require ALL 3 HTF agree | bool | false | requireAllHTF |
| Require Volume Confirm | bool | true | requireVolConf |
| Require BB Location | bool | true | requireBBConf |
| Show Dashboard | bool | true | showDash |
| Show Signal Labels | bool | true | showSignalLbls |
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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