Overlay indicator for XAUUSD gold that draws predicted support and resistance levels at 08:00 and 19:00 SGT on the price chart along with buy and sell take-profit levels spaced by ATR multiples.
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
Predicted Signals + RSI trigger generates RSI reversal signals as triangles when the indicator crosses from overbought or oversold extremes and turns back, plus optional circle markers for RSI moving-average cross flips. All signals require bar volume above a minimum threshold. Inputs control ATR length, entry offsets, TP multiples, RSI periods, overbought and oversold levels, and zone hiding options. Lines and signals appear directly on the price chart for intraday reference on 5-minute gold charts.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
H1 ATR length
int
14
atrLen
Buy entry offset (P +)
float
1
buyOff
Sell entry offset (P +)
float
-6
sellOff
Buy TP1 x ATR
float
1.11
rb1
Buy TP2 x ATR
float
2.03
rb2
Buy TP3 x ATR
float
2.81
rb3
Sell TP1 x ATR
float
0.89
rs1
Sell TP2 x ATR
float
1.70
rs2
Sell TP3 x ATR
float
2.44
rs3
Line length (hours)
int
11
segHours
Entry line width
int
2
lineWidth
Show price labels on levels
bool
true
showLabels
Show all 29 settings
Setting
Type
Default
Variable
RSI length
int
14
rsiLen
RSI source
source
close
src
Show reversal-from-extreme signals (triangles)
bool
true
showRev
Show RSI/MA cross flip signals (circles)
bool
true
showFlip
Flip: RSI MA type
string
SMA
maType
Flip: RSI MA length
int
14
maLen
Flip: hide dots inside mid RSI zone
bool
true
hideDots
Flip hide-zone: lower bound
int
40
dotLo
Flip hide-zone: upper bound
int
60
dotHi
Overbought level (arm SELL)
int
70
obExtreme
SELL fires when RSI turns back below
int
60
obConfirm
Oversold level (arm BUY)
int
30
osExtreme
BUY fires when RSI turns back above
int
40
osConfirm
Min bar volume
int
3000
minVol
Buy
color
color.green
buyCol
Sell
color
color.red
sellCol
Highlight OB/OS regions (RSI past extreme)
bool
true
showRegion
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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