USI Flip + REV-BUY: 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 + REV-BUY marks USI flip long and short signals when the RSI lines stack, optional volume and bar-close filters pass, and optional stack or slow-trend confirmation is enabled. It also plots PRE-BUY proximity warnings, confirmed pullback-to-EMA bounce buys, and REV-BUY labels after a recent change of character. ATR distances set approach and touch tolerances. USI signals are not limited to closed bars by default.

Six-line zero-lag RSI stack with presets
USI volume and bar-close filters
EMA pullback bounce and proximity warnings
ChoCH reversal signals with SMC sweep logic
ATR touch and approach tolerances

Details

Published by

skipp-dev on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

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

File

pine/legacy/REV-BUY.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`
USI Bar Close Only	`bool`	`false`	`usiBarCloseOnly`
USI Volume Filter	`bool`	`true`	`usiUseVolFilter`
USI Min Volume Ratio	`float`	`1.4`	`usiMinVolRatio`
USI Volume SMA Length	`int`	`20`	`usiVolSmaLen`
USI Margin	`float`	`1.0`	`margin`

Show all 40 settings

Setting	Type	Default	Variable
Relaxed Flip (visual cycle)	`bool`	`false`	`useFlipCycle`
Flip Cycle Lookback (bars)	`int`	`3`	`flipCycleBars`
Require strong stack confirmation	`bool`	`false`	`useStrongStack`
Require slow trend confirmation	`bool`	`false`	`useSlowTrendFilter`
EMA Fast	`int`	`21`	`emaFastLen`
EMA Slow	`int`	`55`	`emaSlowLen`
Swing Left	`int`	`2`	`swingL`
Swing Right	`int`	`1`	`swingR`
Breakout Source	`string`	`Wick`	`breakoutSource`
Structure Logic	`string`	`SMC+Sweep`	`structureLogic`
ChoCH Mode	`string`	`Ping+Verify`	`chochMode`
REV-BUY: ChoCH recency bars	`int`	`5`	`revRecencyBars`
ATR Length	`int`	`14`	`atrLen`
PRE-BUY proximity ATR	`float`	`0.25`	`preWarnDistATR`
BUY touch tolerance ATR	`float`	`0.12`	`touchTolATR`
REV Volume Filter	`bool`	`true`	`revUseVolFilter`
REV Volume SMA Length	`int`	`20`	`revVolLen`
REV Volume Multiplier	`float`	`1.2`	`revVolMult`
REV RSI Filter	`bool`	`true`	`revUseRsiFilter`
RSI Length	`int`	`14`	`revRsiLen`
BUY / PRE-BUY min RSI	`int`	`52`	`revRsiBuyMin`
REV-BUY min RSI	`int`	`48`	`revRsiRevMin`
REV-BUY: require bullish liquidity sweep	`bool`	`true`	`useSweepFilterForRev`
REV signals only on confirmed bar	`bool`	`false`	`revBarCloseOnly`
Show USI BUY	`bool`	`true`	`showUsiBuy`
Show USI SHORT	`bool`	`true`	`showUsiShort`
Show PRE-BUY	`bool`	`true`	`showPreBuy`
Show BUY	`bool`	`true`	`showBuy`

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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