Indicator · Pine Script v5 · On the chart

Signal Confirmation Filter

by caizongxun

This indicator combines RSI and MACD to mark confirmation signals on the price chart.

View on GitHub

GitHub stars1on the repository
Pine versionv5runs as is
Lines of code35
Settings4inputs
LicenceNone stated
Last update9 months ago22 Jan 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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 buy circle appears when RSI is below 50 and rising while the MACD histogram is positive and the MACD line is above its signal line. A sell circle appears when RSI is above 50 and falling while the histogram is negative and the MACD line is below its signal line. Users can change the RSI period and the MACD fast, slow, and signal lengths. It also plots the RSI, MACD line, signal line, histogram, and reference levels, and it fires alerts. It is not a strategy and has no entry, exit, or stop rules.

Details

Published by

caizongxun on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Oscillators & momentum

Markets

Crypto

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.

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
RSI Periodint14rsi_period
MACD Fastint12macd_fast
MACD Slowint26macd_slow
MACD Signalint9macd_signal
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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