This multi-timeframe indicator calculates Stochastic oscillator directional bias across three user-defined timeframes. It compares %K and %D to determine whether momentum is bullish or bearish on each timeframe. When all three timeframes align in the same dire
Indicator · Pine Script v6 · On the chart
QF v19-MTF Cascade Entry + Honest P&L
This indicator checks a ladder of four timeframes, 1, 3, 5 and 15 minutes by default, each giving a bullish or bearish bias from a fast and slow EMA.
GitHub stars1on the repository
Pine versionv6current
Lines of code215
Settings15inputs
LicenceNone stated
Last update3 months ago23 Jul 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
A signal appears when the chosen number of timeframes agree, optionally requiring the lower ones to flip first. Stops use an ATR multiple, targets an R multiple, with a maximum holding time. A built-in simulation counts commission and slippage, treats ambiguous bars as losses and shows a long-versus-short split. Higher timeframes use request.security without lookahead.
- Four-timeframe EMA bias ladder
- Optional lower-to-higher flip order
- ATR stop, R-multiple target and max hold
- Cost-inclusive simulated P&L with long and short split
Details
Published by
Jitheandra98 on GitHub
Type
Draws
On the price chart
Markets
Timeframes
M1-M5
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 |
|---|---|---|---|
| TF1 (lowest — run chart here) | timeframe | 1 | tf1 |
| TF2 | timeframe | 3 | tf2 |
| TF3 | timeframe | 5 | tf3 |
| TF4 (highest) | timeframe | 15 | tf4 |
| TFs required to align | int | 4 | nReq |
| Strict order (lower must flip first) | bool | true | strict |
| Bias EMA fast | int | 9 | emaFast |
| Bias EMA slow | int | 21 | emaSlow |
| Stop = ATR x | float | 1.5 | atrMult |
| Target (R multiple) | float | 1.5 | rMult |
| Max bars in trade (else close) | int | 120 | maxHold |
| Contracts | int | 1 | contracts |
Show all 15 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| $ per point (MGC=10, GC=100) | float | 10.0 | ptValue |
| Commission $/side | float | 0.74 | commSide |
| Slippage pts/side | float | 0.1 | slipPts |
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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