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
This version adds two reflection ratios, a source and timeframe selection read through security calls, and a Fibo Wave baseline with a symmetry centre ratio and an option to reset after five cycles. Other baselines include golden cloud, moving average, highest-high lowest-low, ATR, Bollinger Bands, Ichimoku, RSI, CCI and MACD. It draws on the price chart.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Point 1
time
0
time1
price1
price
0
price1
Point 2
time
0
time2
price2
price
0
price2
Ratio Level 1
float
1
ratio1
Ratio Level 2
float
1
ratio2
Source
source
close
src_input
Timeframe
timeframe
tf_input
Baseline Type
string
Golden Cloud
baseline_type
Lookback Period (Golden/HHLL)
int
20
lookback
ATR Length
int
14
atr_len
ATR Multiplier
float
1.0
atr_mult
Show all 24 settings
Setting
Type
Default
Variable
Bollinger Length
int
20
bb_len
Bollinger Multiplier
float
2.0
bb_mult
RSI Length
int
14
rsi_len
CCI Length
int
20
cci_len
MACD Fast Length
int
12
macd_fast
MACD Slow Length
int
26
macd_slow
MACD Signal Length
int
9
macd_signal
Tenkan-sen Length
int
9
tenkan_len
Kijun-sen Length
int
26
kijun_len
Senkou Span B Length
int
52
senkou_len
Wave Symmetry Center Ratio
float
0.5
sym_center_ratio
Reset Wave After 5 Cycles
bool
true
reset_wave
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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