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
Optional confirmations are a MACD cross, a position relative to the 200 EMA, a volume surge, divergence and agreement across several timeframes. Signals below a minimum star count are dropped, and a minimum interval limits repeat alerts. Buy and sell alerts can be switched on or off. It pulls higher-timeframe data with request.security.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
RSI Period
int
14
rsiLength
Overbought Level
int
70
rsiOb
Oversold Level
int
30
rsiOs
TF1 Fast
timeframe
5
tf1
TF2
timeframe
15
tf2
TF3 Medium
timeframe
60
tf3
TF4 Slow
timeframe
240
tf4
TF5 Daily
timeframe
D
tf5
MACD Confirm
bool
true
useMacd
200 EMA Filter
bool
true
useEma
Volume Surge
bool
true
useVolume
Divergence
bool
true
useDivergence
Show all 17 settings
Setting
Type
Default
Variable
Multi-TF Confirm
bool
true
useMultiTf
Min Stars (1-5)
int
3
minStars
Min Interval (min)
int
60
minInterval
Buy Signals
bool
true
alertBuy
Sell Signals
bool
true
alertSell
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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