by 
This indicator plots a TTM Squeeze momentum oscillator and a MACD line in a separate pane. It builds the squeeze oscillator from a linear regression of price against a high-low and simple moving average midpoint, and colors the area by slope and sign. Circles
Indicator · Pine Script v6 · Own pane
QFA Pro Elite Refined
This indicator plots a smoothed fear index in a separate pane.
GitHub stars9on the repository
Pine versionv6current
Lines of code321
Settings12inputs
LicenceCustom licence
Last update12 days ago16 Oct 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
QFA Pro Elite Refined measures how far the current low sits below the highest close over a lookback, scales that reading by an ATR percentile, and smooths it with a zero-lag EMA. A volatility regime raises or lowers the base signal threshold. Optional components add RSI bullish divergence, support-bounce detection, volume absorption, momentum peaks, and a point-of-control magnet. Users can flip the visual scale and change histogram width. The excerpt ends before the full signal and plot logic.
- Zero-lag smoothed fear index
- ATR volatility regime threshold
- Optional RSI bullish divergence
- Support bounce and peak detection toggles
- Adjustable histogram width
Details
Published by
JasonTeixeira on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Oscillators & momentum, Volatility & bands, Divergence, Support & resistance
Markets
Any symbol
Timeframes
Any timeframe
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.
Topics
algorithmic-tradingbacktestingfuturesmcpninjatraderninjatrader8quantitative-financeautomation-engineeringninjascriptplayback
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Flip Visual | bool | false | flip_visual |
| Lookback Period | int | 14 | lookback |
| Smoothing | int | 5 | zlema_period |
| Base Signal Threshold | int | 40 | base_threshold |
| RSI Divergence (25pts) | bool | true | enable_divergence |
| Support Bounce (20pts) | bool | true | enable_support |
| Volume Absorption (15pts) | bool | true | enable_volume |
| Peak Detection (20pts) | bool | true | enable_momentum |
| POC Magnet (10pts) | bool | true | enable_poc |
| RSI Period | int | 7 | rsi_period |
| Divergence Lookback | int | 8 | divergence_lookback |
| Histogram Width | int | 4 | histogram_width |
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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