USI Flip + Lines: 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

USI Flip + Lines identifies momentum flip signals when fast lines cross slower lines with an adjustable margin hysteresis. Optional filters include volume expansion over a simple moving average, full ribbon stacking alignment, and slow trend direction. Signals can flicker on the open bar unless the closed bar filter is enabled.

Six-line multi-period USI ribbon oscillator
Flip signals with customizable margin hysteresis
Volume surge threshold filter
Strict sequential ribbon stack confirmation
Multiple preset length profiles across timeframes

Details

Published by

skipp-dev on GitHub

Type

Indicator, Pine Script v6

Draws

Separate pane below the chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

Signals can change on the live bar or after it closes (repainting)

File

pine/legacy/USI_Lines.pine

Repository

github.com/skipp-dev/skipp-algo. 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
USI Preset	`string`	`Fast (7/6/4/3/2/1)`	`usiPreset`
USI Length (L0 — slowest / Blue)	`int`	`13`	`usiLen0_c`
Length 1 of USI (L1 / Green)	`int`	`11`	`usiLen1_c`
Length 2 of USI (L2 / Yellow)	`int`	`7`	`usiLen2_c`
Length 3 of USI (L3 / Orange)	`int`	`5`	`usiLen3_c`
Length 4 of USI (L4)	`int`	`4`	`usiLen4_c`
Length 5 of USI (L5 — fastest / Red)	`int`	`2`	`usiLen5_c`
Bar Close Only	`bool`	`false`	`barCloseOnly`
Volume Filter	`bool`	`true`	`useVolFilter`
Min Volume Ratio	`float`	`1.4`	`minVolRatio`
Volume SMA Length	`int`	`20`	`volSmaLen`
USI Margin	`float`	`1.0`	`margin`

Show all 19 settings

Setting	Type	Default	Variable
Require strong stack confirmation	`bool`	`false`	`useStrongStack`
Require slow trend confirmation	`bool`	`false`	`useSlowTrendFilter`
Show BUY labels	`bool`	`true`	`showBuy`
Show SHORT labels	`bool`	`true`	`showShort`
Show USI Lines	`bool`	`true`	`showLines`
Show Stack Fill	`bool`	`true`	`showFill`
Show Reference Levels (30/50/70)	`bool`	`true`	`showLevels`

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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