An overlay that combines three studies into long and short signals: a Hull moving average in HMA, THMA or EHMA form shown as a trend-colored band, optionally from a higher timeframe, plus two QQE RSI-based momentum components and an oscillator with a short and long length and a Bollinger 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
Settings control the Hull length and multiplier, candle coloring, band style, RSI lengths, QQE factors and thresholds. The code is Pine version 4 and the README gives few details beyond saying it outputs long and short signals.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Source
source
close
src
Hull Variation
string
Hma
modeSwitch
Length(180-200 for floating S/R , 55 for swing entry)
int
60
length
Length multiplier (Used to view higher timeframes with straight band)
float
1.0
lengthMult
Show Hull MA from X timeframe? (good for scalping)
bool
false
useHtf
Higher timeframe
timeframe
240
htf
Color Hull according to trend?
bool
true
switchColor
Color candles based on Hull's Trend?
bool
false
candleCol
Show as a Band?
bool
true
visualSwitch
Line Thickness
int
1
thicknesSwitch
Band Transparency
int
40
transpSwitch
RSI Length
int
6
RSI_Period
Show all 25 settings
Setting
Type
Default
Variable
RSI Smoothing
int
5
SF
Fast QQE Factor
int
3
QQE
Thresh-hold
int
3
ThreshHold
RSI Source
source
close
src3
RSI Length
int
6
RSI_Period2
RSI Smoothing
int
5
SF2
Fast QQE2 Factor
float
1.61
QQE2
Thresh-hold
int
3
ThreshHold2
RSI Source
source
close
src2
Short Length
int
5
shortlen
Long Length
int
10
longlen
Bollinger Length
int
50
lengthq
BB Multiplier
float
0.35
mult
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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