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
RSI 30 Turbo Levels computes the price at which today's close would take the daily RSI below the oversold level, using the previous day's averages, and works on intraday charts. A market regime check uses an index trend average and VIX to choose a higher or lower leverage. Levels, knock-out risk choices, financing cost and a table are configurable.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
RSI length (daily)
int
14
rsiLen
Signal when daily RSI crosses below
float
30
oversold
Hold (trading days)
int
5
holdDays
Market index
symbol
AMEX:SPY
spySymbol
Bull when index is above its SMA
int
200
spyLen
VIX symbol
symbol
CBOE:VIX
vixSymbol
...and VIX is below
float
22
vixHigh
Leverage in a bull market
float
20
levBull
Leverage otherwise
float
5
levOther
Financing cost (% per year)
float
6.5
finRatePct
Knock-out risk for the safe lines
string
20%
koRiskChoice
Mini long: stop-loss above financing level (%)
float
5.0
miniBufferPct
Show all 15 settings
Setting
Type
Default
Variable
Volatility lookback (days)
int
20
volLen
Show table
bool
true
showTable
Table position
string
bottom right
tablePosText
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.
Alien Wash is a price-chart indicator that draws the latest green horizontal line at the previous candle high after an up close beyond a USD buffer, and the latest red line at the previous candle low after a down close beyond that buffer. A buy signal fires wh
Quantum State Space & Probabilistic Agents projects a horizontal state space grid directly on the price chart. It evaluates momentum from RSI, trend strength from an EMA/ATR ratio, and mean-reversion from standard deviation to compute directional probabilities
A chart-overlay indicator that classifies market regime with ADX and Bollinger Bands, then scores momentum, volume and mean-reversion conditions using adjustable weights, optionally normalised. A signal appears when the score passes a threshold. It draws a tre
This indicator plots trade entry and exit signals on the price chart by combining Bollinger Bands with optional filter conditions. It calculates standard Bollinger Bands along with RSI, Aroon, and moving average filters. Reversal signals trigger when price bre
Mean Reversion Study is an indicator that identifies trade setups combining exponential moving averages, RSI extremes, and engulfing candlestick patterns. It highlights bullish setups when a bullish engulfing candle forms below the EMA while RSI is oversold, a
This overlay indicator marks call and put setups from EMAs, RSI, MACD, and a SPY volume ratio. A call needs higher highs, RSI above its minimum, rising MACD, above-average proxy volume, and a rising trend EMA; a put reverses those tests. Early markers use an E