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
Flips use a cushion measured in ATR and a signal cooldown, and can require an RSI threshold and optional volume. Risk presets draw a stop and three targets, with an optional break-even move after the first target and an option to close on an opposite or raw flip. Line styles and a theme are adjustable.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
ATR Length
int
13
atrLengthInput
Base Multiplier
float
2.5
baseMultInput
Adaptive Multiplier
bool
true
adaptiveInput
Adaptation Smoothing
int
55
adaptSmoothInput
Ratio Smoothing
int
3
ratioSmoothInput
Flip Source
source
close
flipSrcInput
Flip Cushion (×ATR)
float
0.15
cushionInput
Signal Cooldown (bars)
int
3
cooldownInput
Momentum Filter (RSI)
bool
true
useMomentumInput
RSI Length
int
13
rsiLengthInput
RSI Threshold
float
45.0
rsiThreshInput
Volume Filter
bool
false
useVolumeInput
Show all 40 settings
Setting
Type
Default
Variable
Volume Multiplier
float
1.2
volMultInput
Max Pending Bars
int
5
maxPendingInput
Risk Preset
string
Balanced
riskPresetInput
Risk ATR Length
int
14
atrLenRiskInput
SL Buffer ×ATR (Custom)
float
0.25
slBufferInput
TP1 ×Risk (Custom)
float
1.0
tp1MultInput
TP2 ×Risk (Custom)
float
2.0
tp2MultInput
TP3 ×Risk (Custom)
float
3.0
tp3MultInput
Break-Even After TP1
bool
true
useBreakEvenInput
Close on Opposite Signal
bool
true
closeOnFlipInput
Exit on Raw Flip (unfiltered)
bool
true
exitOnRawFlipInput
Show SL/TP Lines
bool
true
showSlTpInput
Show SL/TP Labels
bool
true
showSlTpLabelsInput
Show % Distance on Labels
bool
true
showPctOnLabelsInput
Entry Line Style
string
Dotted
entryLineStyleInput
SL Line Style
string
Solid
slLineStyleInput
TP Line Style
string
Dashed
tpLineStyleInput
Theme
string
Auto
themeInput
Show Buy/Sell Signals
bool
true
showSignalsInput
Show Filtered Flips
bool
false
showFilteredInput
Show SuperTrend Band
bool
true
showBandInput
Show Gradient Fill
bool
true
showFillInput
Show Trend Background
bool
false
showStrengthBgInput
SL/TP Label Font Size
string
Small
labelFontSizeInput
Show Watermark
bool
true
showWatermarkInput
Show Dashboard
bool
true
showDashInput
Dashboard Position
string
Top Right
dashPosStr
Dashboard Font Size
string
Small
dashFontSizeInput
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.
This indicator plots an ATR-based Chandelier Exit trailing stop on the price chart. It tracks a long stop under recent highs and a short stop above recent lows, then switches direction when price crosses the opposite stop. Buy and sell labels mark those flips.
The Momentum Setup is a multi-indicator visual tool designed for trend and momentum analysis directly on the price chart. It combines Relative Strength Index (RSI), Money Flow Index (MFI), Commodity Channel Index (CCI), Supertrend, and a 250-bar percentage cha
Range Filter [Alorse] is a technical indicator overlay for TradingView designed to filter market volatility and identify price trends. It calculates a smoothed range based on historical volatility using a configurable sampling period and multiplier applied to
This indicator calculates an ATR trailing stop line derived from the highest high minus an average true range multiple over a specified lookback period. It plots the trailing stop line directly on the price chart and colors price bars based on whether the clos
This indicator plots three exponential moving averages and ATR volatility envelopes on the price chart. It compares the fast and slow EMAs to shade a trend ribbon and marks confirmed upward and downward crossovers with triangle labels. Settings change the thre
This indicator plots Donchian Channel boundary lines along with dynamic fan projections directly on the price chart. It calculates the highest high, lowest low, and median price over a customizable lookback period. Whenever price establishes a new channel high