NO.1 V4 MTF Confidence Fusion: Free TradingView Indicator (Pine Script)

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

The higher timeframe uses the previous completed bar, either auto-selected or set manually, and its EMA length is adjustable. Signals appear only above a minimum confidence, with a grade shown on a dashboard. HTF mode can be hard for trends, soft, or off. It also draws the core, trail, range boxes and regime background.

Previous completed higher-timeframe filter
Confidence score with grade dashboard
Trend, range and breakout sleeves
Auto or manual HTF selection
Regime background and range boxes

Details

Published by

vedkanani123 on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time

File

indicator/CODEX_5_INDICATOR_SUITE/NO1_V4_MTF_CONFIDENCE_FUSION.pine

Repository

github.com/vedkanani123/shakuni_trap. See its other scripts in the library

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
Adaptive core length	`int`	`14`	`coreLen`
ATR length	`int`	`14`	`atrLen`
Trend structure lookback	`int`	`24`	`trendLookback`
Range window	`int`	`20`	`rangeLookback`
Minimum confidence	`int`	`68`	`scoreInput`
HTF mode	`string`	`Trend hard / Range soft`	`htfMode`
Auto-select HTF	`bool`	`true`	`autoHtf`
Manual HTF	`timeframe`	`240`	`manualHtf`
HTF EMA length	`int`	`34`	`htfEmaLen`
Trend-following sleeve	`bool`	`true`	`useTrend`
Range-edge reversal sleeve	`bool`	`true`	`useRange`
Transition breakout sleeve	`bool`	`true`	`useBreakout`

Show all 20 settings

Setting	Type	Default	Variable
Use volume when reliable	`bool`	`false`	`useVolume`
Adaptive core	`bool`	`true`	`showCore`
Active trail	`bool`	`true`	`showTrail`
Completed range	`bool`	`true`	`showRange`
BUY / SELL labels	`bool`	`true`	`showLabels`
Regime background	`bool`	`true`	`showBg`
Confidence dashboard	`bool`	`true`	`showDash`
Color bars by active side	`bool`	`true`	`colorBars`

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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