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
The fastest red line generates BUY and SHORT flip signals when crossing slower lines, with options for volume filter, bar close only, margin hysteresis, and relaxed flip cycle lookback. Main settings switch between Fast, Medium, Slow, and Custom presets that change line lengths and add filters for stability. It draws signals as BUY and SHORT labels directly 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
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 18 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
Show BUY labels
bool
true
showBuy
Show SHORT labels
bool
true
showShort
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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