Targets For Many Indicators: Free TradingView Indicator (Pine Script)

Add It to Your TradingView 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

Each target compares Source A with Source B using cross over, cross under, cross or equal, and sources can be an external series or one of dozens of built-in indicator values such as EMA, RSI, MACD or Supertrend. Targets can be long or short, placed at an ATR or other distance from price, and optionally wait until reached. Labels and candle coloring are optional.

User-defined cross conditions between two sources
Dozens of built-in indicator sources
Long or short targets at an ATR distance
Wait-until-reached and new-target options
Target labels and candle coloring

Details

Published by

vedkanani123 on GitHub

Code credit

LuxAlgo, as written in the script's header

Type

Indicator, Pine Script v5

Draws

On the price chart

Markets

Any symbol

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.

File

indicator/olg_7_6_26/luxAlgo/8.txt

Repository

github.com/vedkanani123/shakuni_trap. See its other scripts in the library

Settings

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

Setting	Type	Default	Variable
Show Target Labels	`bool`	`true`	`showLabels`
Candle Coloring	`bool`	`true`	`candleColoring`
Enable Target	`bool`	`true`	`enableTarget1`
Long Position Target	`bool`	`true`	`isLong1`
New Target Condition	`string`	`Source A`	`_`
target1Condition	`string`	`CrossOver`	`target1Condition`
_	`string`	`Source B`	`_`
Source A	`string`	`External`	`targetSource1A`
External	`source`	`close`	`targetExternal1A`
Settings	`string`		`targetTiSettings1A`
Source B	`string`	`Supertrend`	`targetSource1B`
External	`source`	`open`	`targetExternal1B`

Show all 40 settings

Setting	Type	Default	Variable
Settings	`string`	`10,3`	`targetTiSettings1B`
Source B Value	`int`	`0`	`targetValue1B`
Target Color	`color`	`#089981`	`target1Css`
Levels Style	`string`	`- - -`	`target1Style`
Show Source Values	`bool`	`false`	`showSource1`
Wait Until Reached	`bool`	`false`	`waitTarget1`
New Target When Reached	`bool`	`false`	`newTarget1`
Evaluate Wicks	`bool`	`true`	`useWicks1`
Target Distance From Price	`float`	`3`	`distTarget1`
distOptions1	`string`	`ATR`	`distOptions1`
External Distance Value	`source`	`close`	`externalDist1`
Enable Target	`bool`	`true`	`enableTarget2`
Long Position Target	`bool`	`false`	`isLong2`
New Target Condition	`string`	`Source A`	`_`
target2Condition	`string`	`CrossUnder`	`target2Condition`
_	`string`	`Source B`	`_`
Source A	`string`	`External`	`targetSource2A`
External	`source`	`close`	`targetExternal2A`
Settings	`string`		`targetTiSettings2A`
Source B	`string`	`Supertrend`	`targetSource2B`
External	`source`	`open`	`targetExternal2B`
Settings	`string`	`10,3`	`targetTiSettings2B`
Source B Value	`int`	`0`	`targetValue2B`
Target Color	`color`	`#f23645`	`target2Css`
Levels Style	`string`	`- - -`	`target2Style`
Show Source Values	`bool`	`false`	`showSource2`
Wait Until Reached	`bool`	`false`	`waitTarget2`
New Target When Reached	`bool`	`false`	`newTarget2`

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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