A price-chart indicator that stays always in one direction after the first confirmed mark: a buy exits shorts and holds long until the next sell, and the reverse.
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
NO.1 Perfect Buy/Sell uses a causal trail, trend, range and shock regime detection, a score threshold and an optional completed higher-timeframe Supertrend filter. It draws the trail and cloud, stop and 1R, 2R and 3R boxes, labels, bar colours, regime shading and a dashboard. Settings auto-tune to the chart timeframe.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Auto-adapt to chart timeframe
bool
true
useAuto
Require completed HTF Supertrend
bool
true
useHtf
Auto-select HTF
bool
true
autoHtf
Manual HTF
timeframe
60
manualHtf
HTF Supertrend factor
float
3.10
htfFactor
Only 07:00–17:00 UTC (optional)
bool
false
useSession
Allow high-quality RANGE-edge flips (off on M1)
bool
true
allowRangeFlip
Trail x ATR (0 = auto)
float
0.0
trailIn
Min score (0 = auto)
int
0
scoreIn
Use volume when the symbol has it
bool
false
useVolume
Causal trail
bool
true
showTrail
Trail cloud
bool
true
showCloud
Show all 17 settings
Setting
Type
Default
Variable
SL / 1R / 2R / 3R boxes
bool
true
showBoxes
BUY / SELL labels
bool
true
showLabs
Color bars by state
bool
true
colorBars
Shade RANGE / SHOCK
bool
true
showBg
Dashboard
bool
true
showDash
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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