A price-chart overlay that reuses the same six-signal vote engine (moving average cross, RSI, MACD, Bollinger, OBV, Ichimoku) to mark entry signals and warn of drawdown conditions, depending on a Mode setting.
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 trend driver input chooses which signal leads. Markers and alerts wait for bar close, and it makes no higher-timeframe requests. Its thresholds were calibrated on daily bars, so other timeframes are untested by the author.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
MA20/50 cross
bool
true
useMA
RSI(14)
bool
true
useRSI
MACD(12,26,9)
bool
true
useMACD
Bollinger(20,2)
bool
true
useBB
OBV
bool
false
useOBV
Ichimoku cloud
bool
true
useIchi
Mode
string
Trader
mode
Trend driver
string
MACD cross
trendDriver
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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