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
Point-Clip Unified Indicator scores volume spikes against a volume average, range or opening-range breaks, optional VWAP or session-anchored VWAP, fast and slow EMA trend, and a higher-timeframe EMA confirmation. Optional engulfing, hammer, and doji patterns add structure weight. Two session windows can filter signals and shade the chart. Users set component weights and pre-signal, armed, and long or short score thresholds. Labels, score dots, and a signal panel show the result. Higher-timeframe values can change before that bar closes.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Volume MA Length
int
20
volLen
Volume Spike Multiplier
float
2
volMult
Range Lookback (bars)
int
30
rangeLen
Use Opening Range (first minutes)
bool
true
useORB
ORB Minutes
int
30
orbMin
Breakout Type
string
RangeHighLow
brkType
Use LTF Trend (EMA 20/50)
bool
true
useTrend
EMA Fast
int
20
emaFastLen
EMA Slow
int
50
emaSlowLen
Use Higher-TF Confirm
bool
true
useHTF
HTF (minutes)
timeframe
15
htfTF
HTF EMA Length
int
50
htfEMA
Show all 31 settings
Setting
Type
Default
Variable
Engulfing on
bool
true
useEngulf
Hammer/Star on
bool
false
useHammer
Trend-Doji on
bool
false
useDoji
Max Doji Body % of range
float
0.25
dojiBody
Filter by Sessions
bool
true
useSess
Session 1 (BST)
session
0800-1030
sess1
Session 2 (BST)
session
1430-1600
sess2
Shade sessions
bool
true
shadeSessions
Weight: Volume
float
0.45
wVol
Weight: Trend
float
0.35
wTrend
Weight: Structure/Pattern
float
0.20
wStruct
Pre-Signal threshold
float
0.45
preThresh
Armed threshold
float
0.58
armThresh
Min Score LONG
float
0.65
minLong
Min Score SHORT
float
0.65
minShort
Plot Signal Labels
bool
true
plotLabels
Show score dots
bool
true
showScoreDots
Show Signal Panel
bool
true
showPanel
Panel Position
string
top_right
panelPos
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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