Target Radar is a multi-factor forecasting indicator that plots projection bands, forward boxes, and dynamic target zones directly on the main price chart.
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
Target Radar calculates a forecast score by combining z-scores for trend, momentum, volume pressure, and volatility penalties over a defined horizon. Signals are filtered using ADX trend thresholds, Choppiness Index regime gating, and uncertainty controls across multiple trading modes like Breakout and Mean Reversion. Users can customize z-score component weights, residual uncertainty coverage, regime filter thresholds, and support/resistance pool merging rules.
Multi-factor z-score forecast engine
Market regime filtering using ADX and Choppiness Index
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Forecast Horizon
int
3
h
Z-Score Lookback
int
100
lookback
Weight: Trend
float
0.30
wTrend
Weight: Momentum
float
0.30
wMom
Weight: Volatility (penalty)
float
0.20
wVol
Weight: Volume Pressure
float
0.20
wVpr
Return Scale
float
1.0
retScale
Target Coverage
float
0.80
targetCov
Residual Lookback
int
200
resLookback
Min Half-Width (return)
float
0.005
minHW
Uncertainty Spike
float
0.08
uncertTh
Direction epsilon
float
0.001
dirEps
Show all 35 settings
Setting
Type
Default
Variable
Mode
string
Breakout
sigMode
Min Signal Score
float
0.65
minScore
Require Forecast Alignment
bool
true
useConfGate
Block High Uncertainty
bool
true
useUncertGate
Match Regime to Mode
bool
true
useRegimeGate
ADX Length
int
14
adxLen
Trend Threshold
float
25.0
trendTh
Choppiness Length
int
14
chopLen
Chaos Threshold
float
62.0
chaosTh
Show S/R Levels
bool
true
showPools
Pivot Length
int
5
pivotLen
Merge Distance (ATR)
float
0.5
mergeATR
Max Levels
int
8
maxPools
Line Length (bars)
int
60
poolExtend
Show Target
bool
true
showTarget
Min Target Score
float
0.40
targetMin
Projection Bands
bool
true
showBands
Forward Box
bool
true
showBox
Dashboard
bool
true
showDash
Dashboard Size
string
Normal
dashSize
Candle Coloring (OFF by default)
bool
false
showAura
Coverage Window
int
100
calibLen
Signal Window
int
50
sigWin
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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