Sideway Zones Live is an overlay indicator that estimates inner and outer sideways bands from recent highs and lows with a rational quadratic kernel. It tracks swing pivots over a loopback period and counts bars that remain between the outer high and low. Afte
Indicator · Pine Script v4 · On the chart
RussiaFX Strategy
This indicator plots green arrow up shapes on the price chart when the close exceeds the close one bar ago, high one bar ago, and high two bars ago.
GitHub stars2on the repository
Pine versionv4older, still runs
Lines of code17
Settings0inputs
LicenceMIT
Last update4 years ago15 Dec 2021
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 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
17 lines of Pine Script v4 from [Order] RussiaFX strategy.txt, published under MIT. Keep the author's credit and licence lines when you reuse it.
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © icewalk
//@version=4
study("[Order] RussiaFX strategy", overlay=true)
long = close > close[1] and close > high[1] and close > high[2]
plotshape(long, "LONG", style=shape.arrowup, location=location.belowbar, color=color.green)
short = close < close[1] and close < low[1] and close < low[2]
plotshape(short, "SHORT", style=shape.arrowdown, location=location.abovebar, color=color.red)
if (long)
alert("Long Signal")
if (short)
alert("Short Signal")
Overview
RussiaFX Strategy plots red arrow down shapes when the close is lower than the close one bar ago, low one bar ago, and low two bars ago. Signals trigger alerts on long or short conditions. The script draws signals directly on the price chart with no input settings. It has no exit rules or filters. The indicator uses only past price data.
- long signal arrow
- short signal arrow
- price breakout
- trend following
- alert signals
Details
Published by
DaniilOkrug on GitHub
Code credit
icewalk, as written in the script's header
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Trend, Breakout
Markets
Forex
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.
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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