ZZ Algo | Signals & Overlays: 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

ZZ Algo | Signals & Overlays generates directional buy and sell signals filtered by configurable sensitivity, signal tuning, volume, and trend clouds. The script visualizes reversal dots, market structure swing points, and projected take-profit and stop-loss levels with optional trailing stops. Users can customize signal filtering modes, multiplier targets, and a compact on-chart dashboard showing status metrics. Because it operates strictly as an indicator, it visualizes potential setups without executing automated trades or managing positions.

Directional buy and sell signals
Dynamic take-profit and stop-loss overlays
Market structure swing points
On-chart smart panel dashboard

Details

Published by

IAMATOMIC001 on GitHub

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

Indicators/ZZ ALGO SIGNAL AND OVERLAYS.pine

Repository

github.com/IAMATOMIC001/TradingView-MT4-MT5-Indicators-Strategies-Collection. 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 Signal's	`bool`	`true`	`showSignals`
Sensitivity	`float`	`4.5`	`sensitivity`
Signal Tuner(1-25)	`int`	`10`	`STuner`
Signal Mode / Filters	`string`	`Auto Sensivity Signals [Mode]`	`filterstyle`
assistantenable	`bool`	`true`	`assistantenable`
Assistant \| Mode	`string`	`Trend Assistant`	`assistantmode`
Show_PR	`bool`	`true`	`Show_PR`
Reversal Dot \| Tuner(2-30)	`int`	`8`	`MSTuner`
Smart Panel	`bool`	`true`	`showDashboard`
Dashboard Location	`string`	`Bottom Right`	`locationDashboard`
Dashboard Size	`string`	`Small`	`sizeDashboard`
Dynamic Take Profit Lables	`bool`	`true`	`tpLabels`

Show all 34 settings

Setting	Type	Default	Variable
Show take Profit/Stop-loss Area	`bool`	`true`	`ShowTpSlAreas`
Show trailing Stop-loss	`bool`	`false`	`ShowTrailingSL`
SL/TRAILING	`bool`	`false`	`usePercSL`
percTrailingSL	`float`	`0.5`	`percTrailingSL`
useTP1	`bool`	`true`	`useTP1`
TP 1	`float`	`0.5`	`multTP1`
useTP2	`bool`	`true`	`useTP2`
TP 2	`float`	`1`	`multTP2`
useTP3	`bool`	`true`	`useTP3`
TP 3	`float`	`1.5`	`multTP3`
Show Market Structure	`bool`	`false`	`ShowSwings`
	`int`	`10`	`periodSwings`
Buy Signal	`bool`	`false`	`Normalbuy_alert`
Strong Buy	`bool`	`false`	`Strongbuy_alert`
Sell Signal	`bool`	`false`	`Normalsell_alert`
Strong Sell	`bool`	`false`	`Strongsell_alert`
Stop-Loss	`bool`	`false`	`slalert`
Target 1	`bool`	`false`	`tp1alert`
Target 2	`bool`	`false`	`tp2alert`
Target 3	`bool`	`false`	`tp3alert`
Bullish Cloud	`bool`	`false`	`bullcrosscloud_alert`
Bearish Cloud	`bool`	`false`	`bearcrosscloud_alert`

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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