by 
This indicator adapts Michael Chalek's Dual Thrust trading concept to plot breakout levels and overlay bands directly on the price chart. It calculates lookback ranges based on historical price action and provides two algorithmic variations along with multiple
Indicator · Pine Script v5 · On the chart
QUANT-OMEGA Adaptive Regime and Ensemble Signal
An indicator that classifies the market as trending, ranging or breakout using ADX and ATR ratios, then blends three signal families into one confidence score from 0 to 100.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code479
Settings23inputs
LicenceNone stated
Last update5 months ago6 May 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
The families are EMA trend following, Bollinger and RSI mean reversion, and Donchian with Keltner squeeze breakout. Score thresholds separate no-trade, watch and entry levels. It shows a regime label, a confidence meter, optional no-trade shading and entry markers on the price chart. A non-repainting mode uses the prior bar's values.
- ADX and ATR regime detection
- Trend, mean reversion and breakout signal families
- Confidence score with adjustable thresholds
- Regime label, meter and no-trade shading
- Alert conditions
Details
Published by
princeleuel-code on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Mean reversion, Breakout, Volatility & bands
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Non-Repainting Mode | bool | true | i_nonRepaint |
| Show Debug Panel | bool | false | i_showDebug |
| Enable Alerts | bool | true | i_alertsOn |
| ADX Period | int | 14 | i_adxPeriod |
| ADX Trend Threshold | int | 25 | i_adxThreshold |
| ATR Period | int | 14 | i_atrPeriod |
| ATR Slow Period | int | 50 | i_atrSlowPeriod |
| EMA Fast | int | 8 | i_emaFast |
| EMA Slow | int | 21 | i_emaSlow |
| EMA Trend | int | 50 | i_emaTrend |
| Bollinger Period | int | 20 | i_bbPeriod |
| Bollinger StdDev | float | 2.0 | i_bbStd |
Show all 23 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| RSI Period | int | 14 | i_rsiPeriod |
| Donchian Period | int | 20 | i_donchianPeriod |
| Keltner Multiplier | float | 1.5 | i_squeezeKcMult |
| No Trade Threshold | int | 30 | i_confNoTrade |
| Watch Only Threshold | int | 50 | i_confWatch |
| Small Entry Threshold | int | 70 | i_confSmall |
| Strong Entry Threshold | int | 85 | i_confStrong |
| Show Regime Label | bool | true | i_showRegimeLabel |
| Show Confidence Meter | bool | true | i_showConfMeter |
| Show No-Trade Zone Shading | bool | true | i_showNoTradeZone |
| Entry Marker Size | string | normal | i_entryMarkerSize |
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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